Highlights:
TRON’s fees and revenues grew 9.2%
Over 196 million transactions and 6.2 million new accounts created
TRX has been in deflation for 632 consecutive days
The number of daily active users remains the leading
TVL increased by $110 million
Stablecoin market capitalization increased by $972 million
1. Profit and Loss Statement
In May, TRON’s fees and revenues increased by 9.2% month-on-month.
2. Market data
The number of TRX holders surged by 3.22 million, and the total number of holders exceeded 130 million. As the amount of destruction continued to exceed the amount of generation, the supply of TRX continued to decrease and has been in a deflationary state for 632 consecutive days.
3. Network usage
In May, TRON had over 196 million new transactions and 6.2 million new accounts. By the end of the month, the total number of accounts exceeded 233 million. In terms of daily active users, TRON leads other mainstream public chains with over 2.08 million.
4. Staking and Decentralization
The overall data remained stable and basically the same as in April.
5. TVL
In May, TRON's total staked value (TVL) maintained steady growth, increasing by about $110 million from April. By category, lending still dominates.
Top protocols with the highest TVL in the TRON ecosystem:
Lending Protocol: JustLend DAO ($6.7 billion)
CDP: JustStable ($1.3 billion)
DEX: SUNSwap V1 ($280 million)
6. Stablecoins
The total market value of stablecoins on the Tron chain has maintained steady growth. As of the end of May, the total market value of stablecoins on the Tron chain reached US$57 billion, an increase of US$972 million from April. Among them, the market value of the Tron version of USDT reached US$56 billion at the end of May, far exceeding Ethereum and BNB Chain.
Report link: https://x.com/Coin98Analytics/status/1798020689154469921
