Tron (TRX) Mainnet Surpasses 600k Accounts Despite Bear Market

Justin Sun, CEO of Tron has revealed that the Mainnet accounts have surpassed the 600k mark as of November 16th.

According to data from TronScan.org there are a total of 601339 addresses at the time of writing. Exactly about a  month ago 500k addresses were created on the Tron network, the network has grown by over 100k addresses in just a month.

The network also crosses the 4 Million mark in Block height which is a remarkable growth on the Blockchain. Data from Blocktivity indicates Tron to be the 4th most Active Crypto network after WAX, EOS, and Bitshares.

Justin Sun, CEO of Tron Tweeted:

Although the data shows great numbers, it is still hard to estimate how many of the accounts are created as spam or by the same parties. With an absence of multiple data sources, it cannot be verified whether the transactions and activity going on is a reliable metric to be relied on.

Developments in Tron

The first Decentralized exchange went live on the Tron network recently. There are already over 10 tokens listed on the DEX and recently hit a 185 Million TRX in trading volume in a day. Sun is eyeing for 500 Million TRX to be traded in the next milestone.

Sun Tweeted: Trx.market  reached 184.5 million $TRX today. Double everyday for 5 days! It is crazy party now! #TRON #TRX

According to the data from Tron, the peak daily transaction volume on a single day reached 1.39 Million which is higher than Ethereum’s peak value. The Sun led Cryptocurrency is even doing better than EOS in the number of accounts leading by 110%.

Justin Sun Tweeted:

The volumes on the exchanges, however, remain low. TRX also took a hit in the flash crash that happened recently dropping from $0.022 to a bottom of $0.0175. It has since recovered to $0.019 and currently has a market cap of $1.25 Billion.

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