State of TRON — February 2024
Monthly recap of TRON network activity, USDT, TRX price and supply, freezes and DeFi — computed from on-chain data.
- TRON processed 129.78M transactions in February 2024 (-9.6% vs January 2024), including 48.15M USDT transfers.
- TRX rose 23.1% over the month, from $0.1155 to $0.1422.
- 304.65M TRX were burned and 146.95M issued, so supply shrank by 157.7M TRX.
- Stablecoin issuers froze 26 TRON addresses (January 2024: 8).
Network activity
Transactions
129.78M
▼ -9.61% MoM
USDT transfers
48.15M
▼ -8.33% MoM
Active accounts / day
1.79M
▼ -4.34% MoM
DeFi TVL, month end
$9.43B
▲ +19.94% MoM
Busiest day
5.66M
transactions on Feb 28
TRX price
Month close
$0.1422
▲ +23.09% over month
Open
$0.1155
High (daily close)
$0.1429
Low (daily close)
$0.1155
TRX supply
Burned
304.65M TRX
Issued
146.95M TRX
Net change
−157.7M TRX
deflationary month
Staked, month end
46.13B TRX
Stablecoins
Addresses frozen
26
▲ +225.00% MoM
Held by them now
$11.47M
Sources: TRONSCAN (network stats, supply), DefiLlama (TVL, TRX price history), TRONSCAN blacklist (freezes). UTC months. Methodology