State of TRON — March 2024
Monthly recap of TRON network activity, USDT, TRX price and supply, freezes and DeFi — computed from on-chain data.
- TRON processed 167.34M transactions in March 2024 (+28.9% vs February 2024), including 61.81M USDT transfers.
- TRX fell 12.9% over the month, from $0.1406 to $0.1225.
- 398.49M TRX were burned and 156.79M issued, so supply shrank by 241.71M TRX.
- Stablecoin issuers froze 120 TRON addresses (February 2024: 26).
Network activity
Transactions
167.34M
▲ +28.94% MoM
USDT transfers
61.81M
▲ +28.38% MoM
Active accounts / day
2.23M
▲ +24.55% MoM
DeFi TVL, month end
$9.67B
▲ +2.58% MoM
Busiest day
5.91M
transactions on Mar 6
TRX price
Month close
$0.1225
▼ -12.88% over month
Open
$0.1406
High (daily close)
$0.1412
Low (daily close)
$0.1121
TRX supply
Burned
398.49M TRX
Issued
156.79M TRX
Net change
−241.71M TRX
deflationary month
Staked, month end
45.66B TRX
Stablecoins
Addresses frozen
120
▲ +361.54% MoM
Held by them now
$10.68M
Sources: TRONSCAN (network stats, supply), DefiLlama (TVL, TRX price history), TRONSCAN blacklist (freezes). UTC months. Methodology