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ZEC $1,226.79 (-2.63%)

XMR $613.77 (+3.98%)

DOGE $0.07 (-5.56%)

LEO $9.37 (-0.72%)

LINK $10.48 (-8.60%)

ADA $0.19 (-6.14%)

XLM $0.16 (-4.66%)

BCH $270.63 (-4.16%)

NEAR $3.99 (-11.28%)

RAIN $0.01 (-4.27%)

LTC $54.14 (-7.45%)

UNI $6.53 (-7.41%)

CC $0.09 (-6.74%)

Tron’s Total Value Locked Surpasses $8 billion

Share on · Published 4 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.

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.

Next article Blockchain.com Adds TRX Options Trading for App Users

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Hassan Maishera Senior Reporter

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.

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