Cryptocurrency

Twenty-Two Highlights from TRON’s Historic 2022

[PRESS RELEASE – Geneva, Switzerland, 5th January 2023]

For TRON DAO, 2022 was a yr of historic development. Listed below are 22 highlights from the fastest-growing public blockchain’s document yr:

# 22 presumably the world’s greatest DAO

On January 5, TRON introduced its restructuring to grow to be a decentralized autonomous group (DAO). On April 11, Forbes declared that TRON DAO might be the world’s greatest DAO, because the TRON blockchain now boasts greater than 132 million person accounts.

# 21 APENFT Market

On April 15, the APENFT Market launched on the TRON blockchain.

# 20 over 130 digital asset exchanges

TRX is now supported, listed, and traded on over 130 digital asset exchanges, fee programs, and buying and selling platforms, together with Binance.US, Meson, Crypto Finance (member of Deutsche Börse Group), Fireblocks, Bitkub, Bitso, DMM Bitcoin, Kraken (TRX futures contracts), Plisio, BTCBOX, Wirex, OKCoin Japan, BitMEX, Blockchain.com, and Guardarian.

# 19 the Enterprise Ethereum Alliance

TRON joined the Enterprise Ethereum Alliance to advance interoperable blockchain integration into each day enterprise operations, focusing primarily in two working teams: Cross-Chain Interoperability and DeFi Threat Evaluation, Administration, and Accounting (DRAMA).

# 18 expanded collaboration with Huobi

In October, the TRON founder and present ambassador H.E. Justin Solar was named to Huobi’s International Advisory Board, and the TRON ecosystem has began extra partnerships with the trade.

# 17 the Peg Stability Module

On August 3, the Peg Stability Module (PSM) was rolled out, which permits customers to swap between USDD and different mainstream stablecoins like USDT and USDC at a 1:1 ratio.

# 16 sponsorships

In 2022, TRON was the foremost sponsor of Consensus, NFT NYC, Mainnet by Messari, Converge by Circle, Binance Blockchain Week in Paris, Smartcon by Chainlink, Token2049, and extra. TRON additionally hosted a number of VIP in-person afterparties – TRON Whale Evening, at Bitcoin 2022, Consensus, and Mainnet.

# 15 the Binance CMC Crypto Prime 10 EWI

On October 17, TRX was listed on the Binance CMC Cryptocurrency Prime 10 Equal-Weighted Index, which tracks the efficiency of the highest ten digital property on CoinMarketCap as ranked by market capitalization.

# 14 really feel the burn

In 2022, the entire quantity of TRX burned from varied utilities was 11.74 billion, significantly accelerating its deflation.

# 13 TRON Academy

TRON Academy formally launched November 12, when 270+ college students from top-tier college blockchain golf equipment gathered on the Harvard College campus for the “Hacker Home” occasion.

# 12 Travala.com

On August 10, Travala.com, the world’s main blockchain-based journey reserving platform, introduced its adoption of USDD and TRX as technique of fee.

# 11 the 2nd largest stablecoin ecosystem

TRON now has the second-largest complete stablecoin circulation, subsequent to Ethereum, with a market cap of $39.5 billion.

# 10 the TRON DAO Ecosystem Fund

TRON DAO launched their Ecosystem Fund with 8 distinctive applications for funding, together with TRON DAO Ventures, which intends to spend money on promising blockchain startups.

# 9 the nationwide blockchain of Dominica

On October 7, the Commonwealth of Dominica introduced TRON as its nationwide blockchain and licensed seven TRON-based cryptocurrencies as authorized tender for on a regular basis use.

# 8 the TRON DAO Reserve

On April 21, the TRON DAO Reserve was established to safeguard the general blockchain business and crypto market.

# 7 higher affect

On August 1, Crypto Day by day described H.E. Justin Solar as one of many premier leaders within the Web3 period.

# 6 the stablecoin USDD

In Could 2022, TRON launched USDD, the primary over-collateralized, decentralized stablecoin, which is now held in additional than 130,000 wallets. On November 2, Messari launched the report “State of USDD Q3 2022.” USDD completed the yr with a circulating provide of over 725 million and a collateral ratio of higher than 200%.

# 5 one of the vital eco-friendly blockchains

On August 24, within the report titled “Power Effectivity and Carbon Footprint of the TRON Blockchain” launched by the Crypto Carbon Scores Institute (CCRI), TRON was rated as one of the vital eco-friendly blockchains.

# 4 the 4th anniversary of MainNet independence

On Could 31, TRON celebrated the fourth anniversary of its MainNet launch.

# 3 three stellar HackaTRONs

Three Seasons of the TRON Grand Hackathon, a.okay.a. “HackaTRON,” occurred in 2022, with over 2300 complete individuals and a mixed complete prize pool of over $2.7 million.

# 2 TVL

In line with DefiLlama, by the top of Q3, the Complete Worth Locked (TVL) on TRON had reached $6.33 billion, up 61% from Q2, surpassing BSC to grow to be the blockchain community with the second-largest TVL worldwide. Messari launched its first ever TRX analysis report on November 5, titled the “State of TRON Q3 2022.”

# 1 from 69 million complete TRON person accounts to 132 million

63 million new TRON person accounts had been established in 2022. TRON goals to grow to be the first settlement layer of the worldwide economic system. As the worldwide trend-setter in cryptocurrency, TRON is growing an ecosystem infrastructure that may be capable of serve each human on the planet.

About TRON DAO

TRON DAO is a community-governed DAO devoted to accelerating the decentralization of the web by way of blockchain expertise and dApps.

Based in September 2017 by H.E. Justin Solar, the TRON community has continued to ship spectacular achievements since MainNet launch in Could 2018. July 2018 additionally marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 providers boasting over 100 million month-to-month energetic customers. The TRON community has gained unimaginable traction in recent times. As of January 2023, it has over 133 million complete person accounts on the blockchain, greater than 4.5 billion complete transactions, and over $9.2 billion in complete worth locked (TVL), as reported on TRONSCAN. As well as, TRON hosts the biggest circulating provide of USD Tether (USDT) stablecoin throughout the globe, overtaking USDT on Ethereum since April 2021. The TRON community accomplished full decentralization in December 2021 and is now a community-governed DAO. In Could 2022, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain business – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins. Most lately in October 2022, TRON was designated because the nationwide blockchain for the Commonwealth of Dominica, which is the primary time a significant public blockchain partnering with a sovereign nation to develop its nationwide blockchain infrastructure. On high of the federal government’s endorsement to situation Dominica Coin (“DMC”), a blockchain-based fan token to assist promote Dominica’s world fanfare, seven present TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory standing as licensed digital foreign money and medium of trade within the nation.

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