TRON (TRX) Daily Signups Rise 42.87% to 230,862

TRON (TRX) reported a 42.87% increase in daily account signups on July 29, reaching a total of 230,862, the highest in a month, according to on-chain tracker Lookonchain. This surge follows a month of steadier signups, which had been between 150,000 and 200,000 daily. TRON's total accounts surpassed 395 million, with over 14 billion transactions processed as of July. Analysts attribute the increase to rising demand for stablecoins, particularly USDT, which has exceeded 90 billion in circulating supply on the network this year. Corporate demand is also a factor, as Tron Inc. has increased its TRX holdings to over 707 million tokens. TRON is planning a quantum resistant upgrade later this year, following a successful testnet launch. TRX was trading around 0.33 on July 29, up approximately 0.3% in 24 hours, with forecasts indicating potential resistance near 0.365.

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