- According to a tweet from Tron CEO Justin Sun, the total number of TRON users has exceeded 20 million.
- Sun noted the achievement on January 24, 2021.
According to TRON CEO Justin Sun, TRON cryptocurrency users have drastically surpassed over 20 million. Sun wrote the update on January 24, 2021.
As many are already aware, TRON is a Singapore-based cryptocurrency officially launched by the TRON Foundation. To clarify, it is a popular digital currency founded in September 2017.
Subsequently, TRON ranks at number 20 on CoinMarketCap, wherein it holds over $2,230 billion market cap at the time of writing.
For peer-to-peer (P2P) blockchain-based trading, Binance, BitZ, Huobi Global, etc are the exchanges’ trading Tron. Additionally, TRX is the native currency within the TRON ecosystem.
Earlier, Tether (USDT) transaction volume on TRON has significantly surpassed Ethereum, according to CoinMetrics data. Consequently, Tether’s transactions on the Ethereum blockchain were just at 1.5 million monthly.
For this, Coin Metric analyst Nate Maddrey said,
As fees go up, [Tether] transactions tend to shift from Ethereum to TRON.
Amid Ethereum’s downs, Tether transactions on TRON surged to approximately 900,000 per week, which again increased to 2 million in January.