{"id":302884,"date":"2023-04-06T01:00:04","date_gmt":"2023-04-05T19:30:04","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=302884"},"modified":"2023-04-05T14:04:57","modified_gmt":"2023-04-05T08:34:57","slug":"tron-registers-an-increase-in-user-count-but-heres-food-for-thought","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/tron-registers-an-increase-in-user-count-but-heres-food-for-thought\/","title":{"rendered":"TRON registers an increase in user count, but here&#8217;s food for thought"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Justin Sun confirmed that BNB will launch on TRON and also shared plans to introduce zkEVM.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">TRON has burned 16 billion TRX tokens, but its price is yet to respond.\u00a0<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">TRON [TRX]<\/span><span style=\"font-weight: 400;\"> has maintained its position as the blockchain with the most daily active users. The network has been surpassing even the big players, including <\/span><a href=\"http:\/\/ambcrypto.com\/category\/bitcoin-news\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Bitcoin [BTC]<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"http:\/\/ambcrypto.com\/category\/ethereum-news\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Ethereum [ETH]<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><span style=\"font-weight: 400;\">Binance Coin [BNB]<\/span><span style=\"font-weight: 400;\">, which have considerably higher market capitalization.\u00a0<\/span><\/p>\n<figure id=\"attachment_302885\" aria-describedby=\"caption-attachment-302885\" style=\"width: 1570px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/Token-Terminal-TRX.jpg\"><img decoding=\"async\" class=\"wp-image-302885 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/Token-Terminal-TRX.jpg\" alt=\"\" width=\"1570\" height=\"477\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/Token-Terminal-TRX.jpg 1570w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/Token-Terminal-TRX-300x91.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/Token-Terminal-TRX-1024x311.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/Token-Terminal-TRX-768x233.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/Token-Terminal-TRX-1536x467.jpg 1536w\" sizes=\"(max-width: 1570px) 100vw, 1570px\" \/><\/a><figcaption id=\"caption-attachment-302885\" class=\"wp-caption-text\">Source: Token Terminal<\/figcaption><\/figure>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Read <\/span><a href=\"http:\/\/ambcrypto.com\/predictions\/tron-price-prediction\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">TRON\u2019s [TRX] Price Prediction<\/span><\/a><span style=\"font-weight: 400;\"> 2023-24<\/span><\/p>\n<hr \/>\n<h3>Factors that can propel further growth<\/h3>\n<p><span style=\"font-weight: 400;\">A few developments happened in the last few days that had the potential to propel further growth in terms of the number of users on the TRON network. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">For instance, Justin Sun confirmed the launch of BNB on TRON. Sun made the confirmation while responding to a TRON Community\u2019s tweet.\u00a0<\/span><\/p>\n<p>https:\/\/twitter.com\/TronixTrx\/status\/1642962671044788225?s=20<\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, another major announcement was also made by Sun on 5 April 2023. As per his latest tweet, <\/span><a href=\"http:\/\/ambcrypto.com\/trx-ht-could-wrestle-with-exits-if-justin-suns-rumored-sale-goes-through-heres-why\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">TRON<\/span><\/a><span style=\"font-weight: 400;\"> and Bittorrent were looking for ways to bring zkEVM into the ecosystem. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, he stated that any integration plans are still in the exploratory stage and that there is no assurance they will be put into action.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/TRON?src=hash&amp;ref_src=twsrc%5Etfw\">#TRON<\/a> and <a href=\"https:\/\/twitter.com\/hashtag\/Bittorrent?src=hash&amp;ref_src=twsrc%5Etfw\">#Bittorrent<\/a> are exploring ways to integrate the ZK Ethereum Virtual Machine (ZKEVM) into its ecosystem. ZK-EVM is a trustless and secure smart contract execution environment that leverages zero-knowledge proofs to ensure the privacy of the transaction data. \ud83d\ude80<\/p>\n<p>&mdash; H.E. Justin Sun \ud83d\udc68\u200d\ud83d\ude80 \ud83c\udf1e (@justinsuntron) <a href=\"https:\/\/twitter.com\/justinsuntron\/status\/1643446222303424513?ref_src=twsrc%5Etfw\">April 5, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h3>New TRON Stake 2.0 update!<\/h3>\n<h3><\/h3>\n<p><span style=\"font-weight: 400;\">Meanwhile, a new development took place regarding TRON Stake 2.0 as Luganodes voted yes for TRON\u2019s proposal No. 84. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The proposal aims to improve the flexibility and efficiency of the network resources and voting management by introducing<\/span><a href=\"http:\/\/ambcrypto.com\/tron-investors-could-emerge-as-q2-winners-but-only-if-trx-stays-true-to-this-path\/\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">Stake 2.0<\/span><\/a><span style=\"font-weight: 400;\">. If the proposal gets passed, it can further help TRON increase its network value, which has already been on the rise since the beginning of 2023.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1\/<br \/>Luganodes has voted yes for the <a href=\"https:\/\/twitter.com\/trondao?ref_src=twsrc%5Etfw\">@trondao<\/a> Network proposal No.84, which aims to improve the flexibility and efficiency of the network resources and voting management by introducing <a href=\"https:\/\/twitter.com\/hashtag\/Stake?src=hash&amp;ref_src=twsrc%5Etfw\">#Stake<\/a> 2.0\u2705<\/p>\n<p>Find out more about Proposal #84\ud83e\uddf5\ud83d\udc47 <a href=\"https:\/\/t.co\/NdAubNDBfr\">pic.twitter.com\/NdAubNDBfr<\/a><\/p>\n<p>&mdash; Luganodes (@luganodes) <a href=\"https:\/\/twitter.com\/luganodes\/status\/1643261539913461760?ref_src=twsrc%5Etfw\">April 4, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h3>TRON burn reaches a new milestone<\/h3>\n<h3><\/h3>\n<p><span style=\"font-weight: 400;\">While TRON\u2019s ecosystem continues to grow, the network has also remained consistent with its token burn rate. As per TRON DAO\u2019s latest tweet, the network has burned more than 16 billion TRX tokens to date.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udd25According to <a href=\"https:\/\/twitter.com\/TRONSCAN_ORG?ref_src=twsrc%5Etfw\">@TRONSCAN_ORG<\/a>, the total number of <a href=\"https:\/\/twitter.com\/hashtag\/TRX?src=hash&amp;ref_src=twsrc%5Etfw\">#TRX<\/a> tokens burned has now surpassed 16B, reaching 16,000,333,074 <a href=\"https:\/\/twitter.com\/hashtag\/TRX?src=hash&amp;ref_src=twsrc%5Etfw\">#TRX<\/a>!<\/p>\n<p>In less than two months, over 1 billion <a href=\"https:\/\/twitter.com\/search?q=%24TRX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$TRX<\/a> have been burned.<\/p>\n<p>\ud83d\ude80$TRX is set to keep growing, connecting, and enriching the entire <a href=\"https:\/\/twitter.com\/hashtag\/TRON?src=hash&amp;ref_src=twsrc%5Etfw\">#TRON<\/a> ecosystem. <a href=\"https:\/\/t.co\/3ROnpx2qZA\">pic.twitter.com\/3ROnpx2qZA<\/a><\/p>\n<p>&mdash; TRON DAO (@trondao) <a href=\"https:\/\/twitter.com\/trondao\/status\/1643183415519494145?ref_src=twsrc%5Etfw\">April 4, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">This was a major achievement considering the token\u2019s deflationary characteristics. However, the increased burn didn&#8217;t have a substantial positive impact on the token price. At the time of writing, it was<\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/tron\/\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">trading<\/span><\/a><span style=\"font-weight: 400;\"> at $0.06655 with a market capitalization of over $6 billion.\u00a0<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Is your portfolio green? Check the<\/span><a href=\"http:\/\/ambcrypto.com\/calculator\/tron-profit-calculator\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">TRON Profit Calculator<\/span><\/a><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><\/p>\n<hr \/>\n<h3>Will TRX benefit from the current bullish market?<\/h3>\n<p><span style=\"font-weight: 400;\">A look at TRX\u2019s on-chain performance gave a better understanding of what to expect from the token in the near term. The token remained in demand in the futures market, which was evident from its green Binance funding rate. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Positive sentiments around TRX were also high, thanks to its recent achievements. <\/span><a href=\"http:\/\/ambcrypto.com\/tron-trx-will-new-upgrade-foster-stagnant-staking-activity-gauging\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">TRX<\/span><\/a><span style=\"font-weight: 400;\">\u2019s development activity was looking upwards, which was, by and large, a positive signal.<\/span><\/p>\n<figure id=\"attachment_302886\" aria-describedby=\"caption-attachment-302886\" style=\"width: 3840px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/TRON-TRX-12.20.27-05-Apr-2023.png\"><img decoding=\"async\" class=\"wp-image-302886 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/TRON-TRX-12.20.27-05-Apr-2023.png\" alt=\"\" width=\"3840\" height=\"1300\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/TRON-TRX-12.20.27-05-Apr-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/TRON-TRX-12.20.27-05-Apr-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/TRON-TRX-12.20.27-05-Apr-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/TRON-TRX-12.20.27-05-Apr-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/TRON-TRX-12.20.27-05-Apr-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/TRON-TRX-12.20.27-05-Apr-2023-2048x693.png 2048w\" sizes=\"(max-width: 3840px) 100vw, 3840px\" \/><\/a><figcaption id=\"caption-attachment-302886\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">However, investors seemed to be uncertain about TRX\u2019s possible price movement, which was evident from LunarCrush\u2019s data. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">As per the chart, TRX\u2019s bullish and bearish sentiments both registered massive declines over the last seven days, reflecting confusion in the market around TRX.\u00a0 <\/span><\/p>\n<figure id=\"attachment_302887\" aria-describedby=\"caption-attachment-302887\" style=\"width: 1447px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/LunarCrush-TRX.jpg\"><img decoding=\"async\" class=\"wp-image-302887 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/LunarCrush-TRX.jpg\" alt=\"\" width=\"1447\" height=\"557\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/LunarCrush-TRX.jpg 1447w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/LunarCrush-TRX-300x115.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/LunarCrush-TRX-1024x394.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/LunarCrush-TRX-768x296.jpg 768w\" sizes=\"(max-width: 1447px) 100vw, 1447px\" \/><\/a><figcaption id=\"caption-attachment-302887\" class=\"wp-caption-text\">Source: LunarCrush<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Justin Sun confirmed that BNB will launch on TRON and also shared plans to introduce zkEVM. TRON has burned 16 billion TRX tokens, but its price is yet to respond.\u00a0 TRON [TRX] has maintained its position as the blockchain with the most daily active users. The network has been surpassing even the big players, including<a href=\"https:\/\/ambcrypto.com\/tron-registers-an-increase-in-user-count-but-heres-food-for-thought\/\">Continue reading <span class=\"sr-only\">&#8220;TRON registers an increase in user count, but here&#8217;s food for thought&#8221;<\/span><\/a><\/p>\n","protected":false},"author":75,"featured_media":302888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-302884","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>TRON registers an increase in user count, but here&#039;s food for thought - AMBCrypto<\/title>\n<meta name=\"description\" content=\"TRON [TRX] has maintained its position as the blockchain with the most daily active users, outperforming Bitcoin and Ethereum.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ambcrypto.com\/tron-registers-an-increase-in-user-count-but-heres-food-for-thought\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TRON registers an increase in user count, but here&#039;s food for thought - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Justin Sun confirmed that BNB will launch on TRON and also shared plans to introduce zkEVM. TRON has burned 16 billion TRX tokens, but its price is yet to\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ambcrypto.com\/tron-registers-an-increase-in-user-count-but-heres-food-for-thought\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-05T19:30:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/TRX.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Dipayan Mitra\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/DiDipayan\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dipayan Mitra\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/tron-registers-an-increase-in-user-count-but-heres-food-for-thought\\\/#article\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/tron-registers-an-increase-in-user-count-but-heres-food-for-thought\\\/\"},\"author\":{\"name\":\"Dipayan Mitra\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/a3c1a47ad2d3e2a023516862993813cd\"},\"headline\":\"TRON registers an increase in user count, but here&#8217;s food for thought\",\"datePublished\":\"2023-04-05T19:30:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/tron-registers-an-increase-in-user-count-but-heres-food-for-thought\\\/\"},\"wordCount\":530,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/tron-registers-an-increase-in-user-count-but-heres-food-for-thought\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/TRX.png\",\"articleSection\":[\"Altcoin\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"http:\\\/\\\/ambcrypto.com\\\/tron-registers-an-increase-in-user-count-but-heres-food-for-thought\\\/#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/tron-registers-an-increase-in-user-count-but-heres-food-for-thought\\\/\",\"url\":\"http:\\\/\\\/ambcrypto.com\\\/tron-registers-an-increase-in-user-count-but-heres-food-for-thought\\\/\",\"name\":\"TRON registers an increase in user count, but here's food for thought - 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