TRON’s Total Transfer Value Hits a Notable Milestone of $5 Trillion

• TRON exceeds $5 trillion in total transfer value.
• The achievement was shared by Justin Sun on Twitter.
• The announcement hasn’t majorly affected the price of TRX.

Justin Sun made an announcement about the achievement of TRON on Twitter on Thursday. He pooled information from TronScan, the official blockchain explorer for Tron. Tron’s total transfer value is presently $5.2 trillion, according to TronScan.

This measure represents the total value of all transactions made on the Tron chain since its inception. TronScan data also reveals a $7.9 billion rise in transfer value over the previous day.

Furthermore, it appears that within the previous 24 hours, 133,101 new accounts have been added to the Tron blockchain. The total number of accounts now stands at an astounding 109.6 million.

Additionally, there have been over 4.6 million transactions in the previous 24 hours, bringing the chain’s overall transaction volume to 3.8 billion at the moment.

Tron is a Proof-of-stake blockchain network that ranks 16th in terms of 24-hour worldwide transaction volume.

The creator of the Tron blockchain, Justin Sun, is no longer actively involved in the Tron project but is nonetheless active on Twitter to discuss the ecosystem’s ongoing successes and developments.

It’s important to note that Justin Sun’s resignation from the Tron project has had a significant negative impact on the price of the TRX token and limited positive effects.

The price of TRX hasn’t changed despite the noteworthy accomplishment. TRX is now down 2% over the last 24 hours, trading at $0.0631. As per the data from Coingecko, TRX is down 3% and 7.8% in the last 7 and 14 days. TRX is also 10.1% down in the last 30 days.