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TRON reaches new milestone; can it launch successful comeback

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The crypto industry has reclaimed the $1 trillion mark as markets recovered in the past few days. Notably, the overall change in investors’ sentiment has paved the way for the Tron ecosystem to record an impressive performance.TRON’s total transfer value reached a new record on 1 August after it surpassed the $5 trillion mark.It has also added 105 million new accounts and recorded over 3.6 billion transactions on its blockchain.As per a tweet from Tron Scan, these indicators have made Tron “the second largest public chain by stablecoin market cap and Top3 largest public chain by TVL”.Source: TRONSCANAdditionally, TRON’s TVL has surpassed $11 billion.

At press time, it stood at $11.38 billion after taking a slight dip on 1 August. The JustLend DAO continues to dominate TRON’s TVL with $3.56 billion locked in it.It was followed by which had $2.14 billion at press time.In another update from the ecosystem, SUN has recently launched two new smart pools: the 2pool LP pool and the USDD-USDT LP pool.

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