TRON (TRX) passes 414 million accounts as TRX holds up better than the market

The TRON network now counts more than 414 million accounts. According to statistics from the blockchain explorer Tronscan, the figure stood at 414.2 million on Friday morning; the 413 million mark was passed on November 7. At the same time, TRON (TRX) is holding up far better than bitcoin in the market slide: TRX lost around 2 percent in 24 hours, bitcoin around 6.5 percent.

To put this in context, it matters what the account count does and does not reflect. This article shows the figures for the past two weeks, the key TRX price levels and the points investors should know before buying, when staking and when trading with leverage.

TRON accounts at 414 million: what the Tronscan figure measures and what it does not

Tronscan counts every account ever created since the blockchain launched in 2018. On TRON, an account is an address activated by a first transfer. The number therefore only rises and never falls, and it says nothing about how many people actually use TRON. One person can create any number of addresses, and exchanges generate separate deposit addresses for each customer.

Tronscan itself reported the 413 million threshold on November 8, and TRON founder Justin Sun picked it up on X on November 10. The industry site crypto.news recalculated the figures the same day and pointed out explicitly that the account count is not a user count.

The pace says more than the total. On October 29 the Tronscan statistics showed 411.49 million accounts, on November 12 414.16 million. That is around 2.67 million new accounts in 14 days, or about 190,000 a day. The strongest day was November 2 with 236,458 new addresses, the weakest November 7 with 153,927. Over the past 30 days Tronscan shows 5.54 million new accounts.

cryptoticker.io compiled this analysis itself on November 13, 2026. It is based on the daily values of the Tronscan network statistics for the 15 days from October 29 to November 12: account totals, new and active addresses, transactions and USDT transfers.

TRX price in the market slide: down 1.8 percent in 24 hours

TRX traded at $0.3107 on the Kraken exchange at around 8 a.m. Central European Time on Friday. Twenty-four hours earlier it had been $0.3164, a decline of 1.8 percent. CoinPaprika shows 2.0 percent for the same period. Over seven days the loss is 2.3 to 2.5 percent, depending on the source.

The rest of the market lost considerably more. According to CoinPaprika, bitcoin fell 6.5 percent in 24 hours to around $68,760, ether 5.8 percent to around $1,930 and BNB 6.2 percent. The alternative.me Fear and Greed Index stands at 20, in extreme fear territory.

TRX giving up less in a falling market is not a new pattern. On October 29, when the market slumped after the attack on Binance, TRX initially rose 6 percent before the price fell 9 percent the following day. The reason then was a special case: the attacker swapped stolen USDT into TRX. According to the analytics firm Elliptic, he still held around 475 million TRX at the end of October, as we reported on November 1. This overhang equals about half a percent of the circulating supply and has still not been unwound.

Active TRON addresses: between 4.5 million and 5.5 million a day

An active address is one that has sent or received at least one transaction on a given day. On TRON this figure ranged over the past two weeks between 4.45 million on November 7 and 5.48 million on November 9. On November 12 it was 4.84 million.

Relative to the total, that is small: of 414 million accounts, just over 1 percent are active on a typical day. Tronscan gives a 30-day average of 4.63 million active addresses, while crypto.news arrives at 4.52 million for its period. The figures differ because the two calculations cover different days.

The number of transactions ranged from 10.67 million on November 7 to 12.99 million on November 9. Of these, 1.86 million to 2.43 million a day were transfers of the stablecoin USDT. A stablecoin is a token pegged to a national currency, in USDT's case the US dollar. The weakest day of the measurement period was a Saturday for all three metrics, a pattern typical of payment networks.

USDT on TRON: $94.2 billion and 78 million holders

TRON is above all the blockchain for USDT. According to Tronscan, 94.21 billion USDT sit there, spread across 77.87 million holder addresses. In the past 24 hours, USDT worth $31.8 billion moved across the network. The data service DefiLlama counts all stablecoins on TRON together at $93.38 billion; only Ethereum holds more, at $131.0 billion.

What stands out is that the supply has barely grown for weeks. On October 13 there were 94.25 billion USDT on TRON; a month later there are 94.21 billion. Over the same period the account count rose by more than 5 million. So far the new addresses are not bringing additional stablecoin capital into the network; they are spreading the existing supply across more accounts.

This matters for TRX holders because demand for the token is closely tied to USDT traffic. Every USDT transfer costs energy, a computing resource of the network. Anyone who does not generate it themselves by freezing TRX pays for it in TRX, and part of these fees is burned. How TRON works in principle is explained in our article What is Tron (TRX)?.

TRX staking: almost half the supply is frozen

On TRON, staking means freezing. Anyone who freezes TRX receives energy and bandwidth for their own transactions as well as voting rights to elect one of the 27 Super Representatives that produce the blocks. Rewards flow back through these votes.

According to Tronscan, 45.30 billion TRX are currently frozen. With 95.04 billion tokens in circulation, that is 47.7 percent. The figure is stable: 30 days ago the ratio averaged 47.6 percent according to Tronscan. Frozen TRX cannot be sold immediately. Anyone who unfreezes them waits 14 days until the tokens can be traded.

Frozen tokens are not available for sale in the short term. If you do not want to freeze TRX yourself, you can find providers with their terms and lock-up periods in our comparison of staking platforms.

TRON supply and burn: 17 billion TRX burned since launch

At launch, 100 billion TRX were issued. Since then new tokens have been added continuously through block and voting rewards, so far 1.52 billion as block rewards and 11.55 billion as voting rewards according to Tronscan. On the other side, 17.02 billion TRX have been burned for resources and fees, plus a one-off 1 billion to mark the anniversary of the network's independence in 2018.

On balance, 95.04 billion TRX are in circulation today. Whether supply grows or shrinks depends on the ratio of new rewards to burned fees, and that in turn on transaction volume. On October 20 we showed that supply had grown over 108 days because less was burned than newly issued. More accounts alone change nothing; what matters are the fees actually paid.

The total value locked on TRON stands at $25.4 billion according to Tronscan, of which $14.1 billion is in TRX staking and $6.5 billion on the lending platform JustLend. DefiLlama does not count staking and, according to crypto.news, arrived at around $5 billion in DeFi applications on November 10, down from $5.6 billion in mid-October.

TRX price levels: weekly high at $0.3205, round number at $0.30

Over the past seven days TRX moved between $0.3103 and $0.3205 on Kraken. The weekly high came on November 8, the weekly low on Friday morning. The range between high and low is just over 3 percent.

On the downside, the next round number is $0.30. On November 1 the daily low of $0.3017 was just above it. On the upside, the weekly high of $0.3205 is the first line, followed by the level of around $0.33 at which TRX stood before the attack on Binance on October 29. These levels are observations from the price history, not price targets.

Leverage on TRX: how big a drop liquidates a long position

A liquidation is the forced closure of a leveraged position once the collateral posted no longer covers the losses. At 10x leverage, a drop of just under 10 percent is enough, slightly less depending on the exchange's maintenance margin. At 5x leverage, the threshold is just under 20 percent.

How quickly that can happen with TRX was shown on October 30, when the price fell 9 percent in a single day. A long position with 10x leverage would have been almost completely wiped out that day. The currently low volatility is therefore no reason to increase leverage. The overhang held by the Binance attacker can move the price at any time.

Buying TRX in the EU: MiCA authorisation and custody

Since the transition period ended on July 1, 2026, crypto services in the EU may only be provided by firms authorised under the European MiCA regulation. Before buying, it is therefore worth checking the register of the European Securities and Markets Authority ESMA. Which platforms offer TRX and what buying there costs is shown in our comparison of crypto exchanges.

Anyone holding TRX themselves needs a wallet that supports TRON and a small amount of TRX for fees. Without TRX or frozen energy, you cannot send USDT on TRON either. A common mistake is sending funds over the wrong network: USDT on TRON and USDT on Ethereum are different tokens, even though both have the same name.

How gains from TRX and staking rewards are taxed depends on where you live; our crypto tax software comparison lists tools that record purchases, rewards and sales.

TRON after 414 million accounts: the USDT supply is stuck at $94 billion

The account count is a record that need not mean much. It rises reliably because addresses never disappear. For TRX, what counts are the fees paid, the USDT supply and the staking ratio, and these three figures have barely changed for weeks. Three steps help with your own assessment:

1. Check the provider: buy TRX only on a platform with MiCA authorisation and compare fees in our exchange comparison.
2. Weigh up staking: freezing TRX yourself brings energy and voting rights but locks the tokens for 14 days. Providers' terms are listed in the staking comparison.
3. Keep records: purchase dates, staking rewards and sales belong in a log. Suitable tools are in our comparison of crypto tax software.

(As of November 13, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)