Back to News

Tron’s Total Value Locked Surpasses $8 billion

Twitter icon  •  Published 3 years ago on March 8, 2022  •  Hassan Maishera

The Tron team published its weekly network upgrade a few hours ago, announcing that the total value locked (TVL) on the blockchain has now surpassed $8 billion.

Tron’s Total Value Locked Surpasses $8 billion

The Tron team published its weekly network upgrade a few hours ago, announcing that the total value locked (TVL) on the blockchain has now surpassed $8 billion. The blockchain heights also exceeded 38.58 million while the total number of accounts on TRON reached 79,851,609.

TRON is a public blockchain attempting to become the core infrastructure for a decentralized internet. TRON relies on a Delegated Proof-of-Stake (DPoS) mechanism in which 27 Super Representatives rotate every 6 hours to validate blocks and transactions.

TRX is down by up less than 4% so far today and is trading at $0.06077 at press time.

Senate Confirms Former Bitfury Executive Jonathan Gould as OCC Head
Next article Senate Confirms Former Bitfury Executive Jonathan Gould as OCC Head

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

Follow us on Google News