State of TRON — May 2024
Monthly recap of TRON network activity, USDT, TRX price and supply, freezes and DeFi — computed from on-chain data.
- TRON processed 196.58M transactions in May 2024 (+15.6% vs April 2024), including 61.89M USDT transfers.
- TRX fell 6.1% over the month, from $0.1192 to $0.1120.
- 325.83M TRX were burned and 157.08M issued, so supply shrank by 168.75M TRX.
- Stablecoin issuers froze 52 TRON addresses (April 2024: 97).
Network activity
Transactions
196.58M
▲ +15.65% MoM
USDT transfers
61.89M
▲ +7.20% MoM
Active accounts / day
2.53M
▲ +11.83% MoM
DeFi TVL, month end
$8.48B
▲ +4.94% MoM
Busiest day
7.05M
transactions on May 6
TRX price
Month close
$0.1120
▼ -6.11% over month
Open
$0.1192
High (daily close)
$0.1273
Low (daily close)
$0.1111
TRX supply
Burned
325.83M TRX
Issued
157.08M TRX
Net change
−168.75M TRX
deflationary month
Staked, month end
45.83B TRX
Stablecoins
Addresses frozen
52
▼ -46.39% MoM
Held by them now
$52.21M
Sources: TRONSCAN (network stats, supply), DefiLlama (TVL, TRX price history), TRONSCAN blacklist (freezes). UTC months. Methodology