TRON (TRX) New Accounts Jump 42.87% to One-Month High | Market Editor's Pick

TRON’s user growth accelerated sharply as founder Justin Sun reported July 29 data showing daily signups up 42.87% to a one-month high. Total accounts reached 230,862, per on-chain tracker Lookonchain, surpassing the earlier July range of roughly 150,000 to 200,000 new accounts per day. Tronscan data is cited for the breakout above 230,000 earlier this week. Analysts link the rise to growing stablecoin demand on TRON, with Tether’s USDT surpassing $90 billion in circulating supply on the network this year. Corporate buying is also mentioned, including Tron Inc.’s TRX holdings above 707 million tokens. TRX traded near $0.33 on July 29, up about 0.3% over 24 hours.