State of TRON — November 2025
Monthly recap of TRON network activity, USDT, TRX price and supply, freezes and DeFi — computed from on-chain data.
- TRON processed 307.93M transactions in November 2025 (+1.1% vs October 2025), including 71.27M USDT transfers.
- TRX fell 5.1% over the month, from $0.2962 to $0.2810.
- 102.64M TRX were burned and 117.47M issued, so supply grew by 14.83M TRX.
- Stablecoin issuers froze 195 TRON addresses (October 2025: 195).
Network activity
Transactions
307.93M
▲ +1.14% MoM
USDT transfers
71.27M
▼ -3.56% MoM
Active accounts / day
3.35M
▲ +2.99% MoM
DeFi TVL, month end
$4.36B
▼ -16.94% MoM
Busiest day
10.99M
transactions on Nov 17
TRX price
Month close
$0.2810
▼ -5.13% over month
Open
$0.2962
High (daily close)
$0.2982
Low (daily close)
$0.2741
TRX supply
Burned
102.64M TRX
Issued
117.47M TRX
Net change
+14.83M TRX
inflationary month
Staked, month end
45.49B TRX
Stablecoins
Addresses frozen
195
▲ +0.00% MoM
Held by them now
$53.78M
Largest dApps by TVL at month end
- JustLend V1$3.67B-17.6%
- JustCryptos$3.06B-23.1%
- SUNSwap V2$245.47M-5.0%
- USDD$198.82M+86.6%
- SUNSwap V3$174.63M-31.1%
- stUSDT$57.11M-2.8%
- SUNSwap V1$56.15M-52.7%
- SunX Bridge$54.48M-29.2%
- CatFee Staking Vault$15.17M-4.0%
- Allbridge Core$6.37M+59.2%
Sources: TRONSCAN (network stats, supply), DefiLlama (TVL, TRX price history), TRONSCAN blacklist (freezes). UTC months. Methodology