As the blockchain industry continues to heat up, the total value of assets on the TRON chain has achieved a historic leap recently. According to data from the authoritative blockchain browser TRONSCAN, as of July 18, 2024, the total value of assets on the TRON chain has soared to US$85,879,773,752, equivalent to more than US$85.8 billion. This figure not only marks the strong development momentum of the TRON ecosystem, but also highlights its important position in the global blockchain landscape.
The surge in total asset value this time is due to the strong performance of several key tokens on the TRON chain. Among them, the stablecoin USDT ranks first with a circulating market value of US$60.7 billion, becoming an important force in driving the growth of TRON asset value. Following closely behind is TRON's native token TRX, whose circulating market value has reached US$11.8 billion, demonstrating the high recognition and trust of the TRON community. In addition, Bitcoin BTC has also performed well on the TRON chain, with a circulating market value of US$7.24 billion, further enriching the asset diversity on the TRON chain.
The calculation of the total value of assets on the TRON chain is based on the total circulating market value of tokens with a transaction volume exceeding US$1 million in the past 24 hours. This standard ensures the accuracy and representativeness of the data. The reason why TRON has been able to achieve such significant growth is mainly due to its technical characteristics of high throughput, scalability and high reliability. These advantages provide strong support for transactions on the TRON chain.
At the same time, the growing prosperity of the TRON ecosystem is also a key factor driving the growth of asset value. As the number of tokens issued within the TRON network continues to increase (reaching 85,000 types) and the total number of transactions continues to rise (more than 8 billion), TRON is gradually building a vibrant and diversified blockchain ecosystem. This ecosystem not only attracted a large number of users to join, but also promoted a significant increase in network activity, making TRON one of the largest payment networks in the world.
With the continuous construction and improvement of the TRON ecosystem, the overall scale of assets on the TRON chain is expected to further expand. TRON will continue to leverage its technological and ecological advantages to contribute more to the development of the blockchain industry. At the same time, we also expect TRON to create more brilliant achievements in the future and bring more surprises and returns to investors and users.
