The total number of online accounts has exceeded 402 million, and network usage data continues to grow. In addition to the scale of accounts, there are approximately 4.4 million active addresses per day over the past 30 days. The USDT in circulation on the chain has reached $92.3 billion, which keeps TRON in an important position for stablecoin settlements.
Accounts and activity levels continue to rise.
Data from the on-chain browser TRONSCAN shows that the total number of accounts on TRON has exceeded 402 million. Unlike a single short-term increase, this figure is closer to the network scale formed over a long period of time.
In terms of activity, the average daily active addresses over the past 30 days were approximately 4.4 million. Compared to just looking at the total number of accounts, this metric better reflects whether there is ongoing use on the chain, including scenarios such as transfers, payments, and the circulation of stablecoins.
USDT is concentrated on the TRON chain.
Token Terminal Data shows that the USDT on the chain amounts to approximately 92.3 billion US dollars, which is close to 50% of the Tether total market value. This means that a considerable portion of the global USDT in circulation is concentrated within the TRON network.
The scale of stablecoins is generally considered one of the important indicators of real on-chain usage, especially in scenarios such as cross-border transfers, exchange settlements, and payment processes. TRON continues to attract stablecoin activities to stay on the chain by relying on lower costs and higher liquidity.
Decreased cost of smart contract deployment
In addition to stablecoins, the developer activity around TRON has also increased. Reports mention that after Proposal 104 reduced the cost of deploying smart contracts by 60%, the number of independent contract deployers on the chain increased month-on-month.
After the deployment threshold is lowered, the cost for developers to test and launch new contracts is reduced, which usually leads to a more diverse range of on-chain application activities. However, the article does not provide more detailed project distribution or data on newly added protocols.
TRX is still hindered by the upper boundary of the range.
In terms of price, the recent trend of TRX is not in sync with the fundamental conditions on the chain. Reports mention that TRX experienced a decline of about 27.49% from August 2025 to February 2026, but the overall weekly chart structure is still considered to be maintaining an upward trend.
The current support range of concern to the market is between $0.2917 and $0.3100. If it falls below $0.268, the weekly chart structure may weaken; the resistance above is concentrated between $0.335 and $0.337. Only if the price reclaims this range will TRX have a chance to open up further upside potential.
Overall, the number of accounts, active addresses, and the stock of stablecoins for TRON are still increasing, but these on-chain data have not yet fully translated into a breakthrough for TRX. In the short term, the market will continue to observe whether it can effectively break through the upper resistance levels.
