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By: cryptonomist.ch|2026/09/06 08:51:29
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The TRON network has just surpassed a milestone that few other protocols can boast: 402 million active accounts within its ecosystem. This is the latest signal of TRON’s account growth that is reshaping the balance between blockchains dedicated to payments and the circulation of stablecoins, at a time when the rest of the crypto market struggles to find a clear direction.
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The growth of TRON accounts and the weight of stablecoins
- $92.3 billion in USDT: half of the Tether market
- Proposal #104 cuts smart contract costs
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Technical analysis of TRX: trend holds despite reset
- Levels to monitor: support and resistance
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Short-term caution: why bears still have room
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TRON has surpassed 402 million total accounts in its ecosystem.
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TRONSCAN records an average of 4.4 million daily active addresses over the last 30 days.
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The network holds $92.3 billion in USDT, nearly 50% of Tether’s total market capitalization.
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Proposal #104 has reduced deployment costs by 60% for smart contracts, driving technical adoption.
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TRX remains in a long-term bullish trend despite a 27.49% retracement between August 2025 and February 2026.
The figure regarding the number of TRON accounts is not just a symbolic milestone: it reflects a network that continues to attract real users, not just dormant wallets. According to data the official blockchain explorer, the average number of daily active addresses over the past thirty days has reached 4.4 million, a volume that demonstrates consistent and not episodic usage
The core strength of TRON remains its role in the stablecoin market. According to Token Terminal data, the network holds $92.3 billion in USDT, an amount that accounts for nearly 50% of Tether’s entire market capitalization. This data is also which states that the growth of stablecoin capitalization on TRON has outpaced that recorded on any other competing blockchain
This is where the news stops being just a number and becomes a matter of competitive positioning: if half of the value of USDT circulates on a single network, TRON solidifies itself as a reference infrastructure for stablecoin transfers globally.
It is not just the traffic of stablecoins that is growing. The number of unique smart contract deployers has significantly increased on a quarterly basis, a direct effect of Proposal #104, which has reduced deployment costs by 60%. Lower costs mean lower barriers to entry for developers and projects, which explains why TRON’s technical ecosystem is expanding in parallel with user growth.
On the weekly chart, TRX shows a still healthy technical picture. While the crypto market has suffered a heavy backlash after October 2025, when Bitcoin hit a new all-time high before retreating below $100,000, TRX has experienced a contained retracement of 27.49% between August 2025 and February 2026. This figure, in comparison to the volatility of the rest of the market, tells a story of relative resilience.
That said, the bullish structure has yet to find continuity: the peak of $0.37 reached in August has not been surpassed, with only a wick up to $0.3775 recorded in May. The Fibonacci retracement level of 61.8%, at $0.31, was tested in June with a positive price reaction.
In the coming weeks, the range between $0.2917 and $0.3100 represents the key support to watch. A drop below $0.268 would signal a bearish structure change on the weekly chart. On the opposite front, the area between $0.335 and $0.337 is the resistance that could determine the next direction of TRX.
Technical indicators provide a mixed but generally constructive picture: the RSI has remained above the neutral threshold of 50 since March, while the OBV shows a slow upward trend. The most likely scenario remains a bullish continuation on broader timeframes, especially after Bitcoin’s recovery in recent weeks.
Since July, TRX has shown an upward trend, but towards the end of August, this movement was completely retraced. The retest of support at $0.321 and the subsequent price bounce indicated a possible momentum shift towards the downside.
The RSI has tested the neutral threshold of 50 from below, while the OBV has remained below local highs. Technically, the bullish structure that started in July has not yet broken, but in the short term, sellers maintain a certain advantage. A breakout above the $0.335-$0.337 area would confirm the bullish continuation; a rejection from that zone, on the contrary, could bring prices back towards $0.321 or lower.
The emerging picture is one of a network that is growing on fundamentals — users, stablecoins, developers — while the token price navigates a more fragile equilibrium, hanging on a few cents difference between support and resistance.
— Price
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