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TRX The number of TRON accounts exceeds 392 million, and the network has strong growth momentum.
The number of registered accounts of TRON network has exceeded 392 million, marking its continued network growth and widespread adoption. TRX prices are stabilizing above key support levels and traders are closely watching the $0.35 resistance level. The continued inflow of institutional funds and the increase in the value of total locked positions have further strengthened TRON's long-term bullish outlook.
Network growth data is eye-catching
Blockchain browser data shows that there are more than 392 million wallet addresses on the TRON network. This number covers all accounts created since the main network was launched in 2018. Although this figure does not represent the number of daily active users, the continued growth of accounts suggests that attention is increasing across the ecosystem. TRON has built a good reputation with its cost-effective blockchain payment capabilities. USDT transfers continue to promote high-frequency use of the network, from which users can enjoy extremely low transaction costs.
Data shows that TRON is still the leading network in the field of stablecoin transfers. Its fast transaction processing speed has also attracted more corporate and individual users. The blockchain can process up to 2000 transactions per second, at a cost of approximately 0.0003 TRX per transaction. This efficiency has attracted many large companies including Binance, HTX and Tether. Growing adoption from mature industry players continues to boost the market's confidence in future expansion.
On-chain data also showed a positive trend. The report shows that since July 1, TRON's total locked position value has increased by US$1.95 billion, an increase of 7.8% in the short term. The increase in total lockdown value often reflects increased participation in decentralized applications and financial services. TRX currently trades at around $0.3321, up 1.13% in the past 24 hours.
Bulls keep their eyes on US$0.35 resistance
Technical analysts are closely watching a key price level. Market analysts believe TRX prices remain above key support areas, a structure that temporarily maintains a broader bullish outlook. The next major challenge is around $0.35. A decisive breakthrough in this level may attract more buyers and enhance upward momentum.
If buying pressure continues to build, stronger demand may push prices further higher. However, traders are also wary of possible false breakthroughs. Prices sometimes briefly break through resistance and then fall back quickly. Such movements often trigger selling by short-term market participants. Continued consolidation below resistance levels may also provide a healthier basis for the next breakthrough attempt.
Institutional confidence continues to support the overall outlook. TRON recently purchased another 151,322 TRX tokens at an average price of US$0.3304, and its total holdings now exceed 704 million TRX tokens. The company's management also confirmed plans to continue to expand its digital asset reserves. While celebrating account milestones, TRON DAO also highlighted its continued decentralization efforts.
