The number of TRON accounts exceeded 413 million amid declining DeFi liquidity

The number of accounts on the TRON blockchain exceeded 413 million on November 8, 2026, according to data from the TRONSCAN network explorer. The project's founder, Justin Sun, announced this achievement on November 10. At the time of the original publication, there were over 413.5 million accounts on the network, with about 173,000 created in the previous day.

The figure accounts for all blockchain accounts created since the launch of TRON, not the number of individual users. One person or organization can manage multiple addresses.

More than 4.5 million accounts are active daily on the TRON network

According to TRONSCAN, the average number of active accounts over the past 30 days was 4.52 million per day. The statistics include wallet addresses and smart contracts that participated in transactions. On November 5 and 6, daily activity exceeded 5 million accounts, then decreased to 4.45 million on November 7 and recovered to 4.84 million the next day.

During the 30-day period under review, the network processed an average of 11.83 million transactions daily, which is 2.51% more than the previous period. On November 9, the number of transactions reached 12.99 million. Of these, about 4.79 million were TRX transfers, 2.3 million were USDT transfers, and another 3.66 million were related to the delegation and return of network resources.

The average daily volume of USDT transfers reached $24.86 billion

According to TRONSCAN statistics, over the past 30 days, an average of $24.86 billion in USDT was transferred daily through the network. This is 2.4% more than the previous comparable period. The average number of accounts participating in USDT transfers was about 1.05 million per day, an increase of 1.8%. In the third quarter of 2026, TRON also surpassed Ethereum in terms of average USDT supply volume. According to Token Terminal research, TRON's figure reached $90.75 billion compared to Ethereum's $87.73 billion.

During the quarter, approximately $2.18 trillion in stablecoins were transferred through TRON. A separate estimate by Nansen amounted to $2.21 trillion, which is 5.1% more than the previous quarter. These values reflect the volume of assets moved, not the number of transactions or confirmed payments for goods and services.

TRON DeFi liquidity decreased by approximately 11%

Despite the growth in network activity, the value of assets locked in TRON decentralized finance applications has decreased.

According to DefiLlama, on November 10, the TVL figure was about $4.96 billion compared to $5.58 billion on October 12. The reduction during this period reached approximately 11%. The turnover of TRON decentralized exchanges over the past 7 days amounted to $389.46 million, a decrease of 73.68% compared to the previous week.

At the same time, the total capitalization of stablecoins on the network reached approximately $94.16 billion, of which 97.9% was USDT. According to Nansen's quarterly data, transaction fees on TRON in the third quarter amounted to $701.4 million, 4% less than the previous quarter. The average transaction fee, according to Token Terminal, decreased to approximately $0.64.

Thus, the increase in the number of accounts and USDT transfers is accompanied by a decline in activity in certain DeFi segments. The presented figures do not allow us to determine whether the reduction in locked value is primarily due to fund withdrawals or changes in the market value of assets.