Tron has achieved a significant milestone, surpassing 400 million total accounts on August 23. The network added the last 100 million wallets in just 16 months.
Currently, Tron settles more than half of all circulating $USDT transactions.
Tron now accounts for 51.4% of all circulating $USDT
Between April 12, 2025, and August 23, 2026, the network saw a growth from 300 million to 400 million accounts.
It took four years from the launch of the chain’s genesis block on June 25, 2018, to accumulate the first 100 million accounts. The 200 million mark was reached on December 7, 2023.
Since its inception, Tron has processed over 15.2 billion transactions, with a total transfer volume of approximately $30 trillion. TRON DAO’s reports even suggest the figure to be higher, exceeding $29 trillion.
The data on the 400 million accounts and statements from Justin Sun originate from a press release by TRON DAO.
Tron now facilitates over half of all $USDT in circulation, with a current float of $94.2 billion that spiked by around $3 billion in a single day, as per Tronscan data.
The network represents 52% of the global flow in low-value $USDT transfers, commonly used for retail payments and cross-border remittances.
Tron maintains an average of 4.64 million active accounts over the past month, with peak days in August exceeding 5 million and an influx of about 170,000 new addresses daily.
Ethereum Continues to Lead in Daily Activity and DeFi
In terms of raw account count, Tron’s 400 million accounts outpace older, more established networks.
While Ethereum boasts around 500,000 daily active addresses compared to approximately 350,000 on the Bitcoin network, it still dominates the DeFi space.
TRON DAO has noted signs of institutional interest, with involvement in the S&P Pantera Digital Asset Index and partnerships with Anchorage Digital, Securitize, and Bitnomial.
Tron Inc., the network’s corporate treasury arm, recently acquired an additional 145,199 $TRX at an average price of $0.3444, bringing its total holdings to 711.5 million $TRX, valued at approximately $245 million.
$TRX is currently trading at $0.3357, down 1.1% for the day but up 1% for the week, with a market cap of $31.87 billion.
“From zero to 400M users in just over 8 years. Incredible to see how quickly the TRON ecosystem has grown,” expressed Tron Founder Justin Sun on X.