TLDR: The growth of user accounts accelerates and breaks through historical milestone
Stabilizable coin transfers and online activities drive increased usage
Institutional adoption and treasury holdings continue to expand
According to the announcement issued by Bochang DAO on August 23, 2026, the total number of accounts in Bochang Network has exceeded 400 million. The USDT balance on the wavefield exceeded US$94 billion, further consolidating its important position in the field of stablecoin settlement. Bochang Network has processed more than 15.2 billion transactions, with a cumulative transfer amount of nearly US$29 trillion. This week, Bochang expanded its TRX treasury holdings to more than 711.5 million tokens.
On August 25, 2026, the wavefield DAO confirmed that the wavefield blockchain had reached the milestone of 400 million accounts. This number covers wallets and active smart contracts on the network. This achievement is based on more than 15 billion transactions and cumulative transfers of nearly $30 trillion. Low fees and fast stablecoin transfers, including USDT balances of more than US$94 billion, continue to drive adoption in emerging markets. Sun Yuchen, founder of Bochang, said that in just over eight years, the growth from zero to 400 million users is a noteworthy progress for the ecosystem.
User account growth accelerates and breaks historical milestone
The creation block of the wavefield network was launched on June 25, 2018, marking the starting point for the expansion of online accounts. It took four years for the blockchain to reach its first 100 million accounts. Since then, the growth rate has accelerated significantly. Wave Field Network exceeded 200 million accounts on December 7, 2023, about 17 months away from the first milestone, and then doubled that number in less than three years. The network exceeded 300 million accounts on April 12, 2025, and then exceeded 400 million on August 23, 2026. In a recent article, analytics platform Lookonchain compared this speed to older networks, noting that the wavefield "reached this milestone much faster than Bitcoin and Ethereum," and noting that Bitcoin took 9.4 years, and it took Ethereum more than 10 years to reach the same number. Sun Yuchen responded to this milestone on social media, writing: "It only took more than eight years to go from zero to 400 million users. It's unbelievable to see the wavefield ecosystem growing so quickly." Wave Field DAO views this growth as a reflection of stable demand for accessible blockchain infrastructure and points to payments, stablecoins and tokenized assets as core drivers of expansion.
stablecoin transfers and online activities drive increased usage
The USDT balance on the wavefield has climbed to more than $94 billion, making stablecoin transfers one of the main use cases for the network. Fast settlement times and low transaction costs make the chain the preferred solution for cross-border payments. This activity is particularly significant in regions where demand for digital dollars is growing. Bochang Network has processed more than 15.2 billion transactions so far, with a cumulative total transfer of more than US$29 trillion. These numbers position wavefields as the main settlement level for digital asset flows. The combination of high throughput and deep liquidity allows wavefields to support expanding on-chain financial activities that go beyond the scope of simple transfers. In a statement accompanying the announcement, Sun Yuchen said: "Reaching 400 million accounts is a meaningful milestone for the wavefield ecosystem, reflecting the growing demand for accessible blockchain infrastructure." He added that wavefield remains focused on building a network that is "efficient, accessible and capable of supporting next-generation blockchain use cases."
Institutional adoption and treasury holdings continue to expand
The institutional influence of wavefield grows in tandem with its user base. The network was recently included in the S & P Pantra Digital Assets Index, which identifies wavefield as one of the leading agreements based on practicality, liquidity and network activity. This inclusion places the wavefield in line with other major blockchains tracked by institutional benchmarks. In addition, partnerships with Anchorage Digital, Securitize and Bitnomial have broadened institutions 'access to the wavefield ecosystem in recent months. These collaborations cover custody, tokenization and derivatives infrastructure, which together provide institutional participants with more regulated entry points into the network. In addition, Wave Field, which trades on Nasdaq under the ticker symbol TRON, announced its latest acquisition of TRX tokens. The company wrote that it "today acquired 145,199 TRX tokens at an average price of $0.3444, further increasing its total TRX treasury holdings to more than 711.5 million," adding that its goal is to increase holdings to "enhance long-term shareholder value."

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