TRON ($TRX) has seen a remarkable surge in long-term holders, with nearly 90 million addresses now holding the asset, marking a 237% increase over the past year.
This significant growth reflects a rising confidence in TRON’s future, as more investors opt to hold $TRX for the long haul, signaling strong faith in the blockchain’s potential and ongoing developments.
$TRX currently has nearly 90 million long-term holder addresses, an increase of 237% in the past year.
This increase reflects strong confidence in @trondao's future, as more people choose to hold $TRX for the long term pic.twitter.com/s75HDUGa7a
— IntoTheBlock (@intotheblock) September 12, 2024
As TRON’s popularity continues to expand, it has also attracted unwanted attention from criminal entities. In response to these rising threats, the TRON DAO has taken a proactive step with the establishment of the T3 FCU, a regulatory body designed to hinder the ability of malicious actors to launder funds and misuse the blockchain. This new initiative aims to protect the integrity of TRON’s network and reinforce security, ensuring that users can transact in a safer environment.
As #TRON’s popularity continues to grow, so does its uninvited exposure to criminal elements.
The establishment of the T3 FCU represents a significant step towards impeding the ability of malicious actors to launder and utilize the proceeds of crime, safeguarding the integrity… pic.twitter.com/IOO36aibYt
— TRON DAO (@trondao) September 10, 2024
TRON’s Stablecoin Market Role Boosts User Base
A key driver behind TRON’s expanding user base is its role in the stablecoin market. With stablecoins like $USDT acting as a crucial pillar in the digital asset ecosystem, TRON has become a preferred host for these assets. Thanks to its high throughput and low transaction costs, TRON currently holds the majority of $USDT’s supply, providing a reliable, efficient platform for global users seeking a stable store of value.
With stablecoins like #USDT serving as the backbone of the digital asset industry and providing a reliable store of value for individuals globally, #TRON hosts the majority of its supply, thanks to our high throughput and low transaction costs.
Through the establishment of the…
— TRON DAO (@trondao) September 12, 2024
The combination of TRON’s strong technological infrastructure and its security initiatives, such as the T3 FCU, are helping to solidify its position as a trusted blockchain. As more individuals and institutions embrace $TRX and stablecoins on its network, TRON is well-positioned to continue its upward trajectory in the digital finance world.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.