Tron (TRX) hit records of 385.77 million transactions and 26.97 million active accounts in June, alongside its first quantum-resistant signature upgrade.
Key Points:
- Tron logged 385.77 million transactions and 26.97 million active accounts in June, both all-time highs.
- Its Nile testnet activated post-quantum signature support built on two NIST-aligned algorithms, Falcon-512 and ML-DSA-44.
- Circulating USDT on Tron topped $86 billion in June, more than on any other blockchain.
Tron Network Sets Transaction Records
Tron's blockchain turned in its strongest month on record in June. The network processed 385.77 million transactions and logged 26.97 million active accounts, both fresh monthly highs, on-chain data confirmed. Daily activity spiked too, with the network handling 14.55 million transactions and 5.8 million active accounts on Jun. 10, an all-time daily high that pushed Tron's cumulative account count past 389 million since its 2017 launch.
The gains held up even as a broader selloff trimmed hundreds of billions of dollars from total crypto market value in June. Tron also widened its lead in USDT (USDT) settlement during the month, with circulating Tether supply on the chain climbing past $86 billion, more than any other blockchain holds, including Ethereum (ETH), market data showed.
Low fees and fast settlement continue to draw users in regions with limited banking access, particularly across Latin America, Africa and parts of Asia, where stablecoin transfers make up a large share of daily volume. Analysts have flagged a familiar caveat alongside the milestone, though. Tron's revenue still leans heavily on those transfers, and governance concentrates significant influence around founder Justin Sun, a structure critics say leaves the network more centralized than rivals.
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Post-Quantum Upgrade Strengthens Security
Tron's Nile testnet activated its post-quantum signature upgrade this week, adding support for two NIST-aligned algorithms, Falcon-512 and ML-DSA-44, which are designed to resist future attacks from quantum computers powerful enough to break current elliptic-curve cryptography. The update covers transaction signing, block production, node handshakes and contract verification.
It still needs governance approval before any mainnet rollout.
The move fits into a wider industry push, as Justin Sun framed Tron's target of becoming the world's first quantum-resistant blockchain earlier this year, and rivals including Solana (SOL), Ethereum and Google have also begun testing or planning post-quantum defenses. The eventual mainnet version is expected to rely on hybrid signing, checking both old and new signatures during a transition window.
TRX's price has swung within a narrow band for most of the past month, trading close to where it started June despite the network's record on-chain activity. The token touched a low near $0.318 in mid-June before stabilizing, tracking broader market volatility rather than moving on its own fundamentals. Tron Inc., the token's Nasdaq-listed corporate holder, kept adding to its treasury through the swings, a pattern that has continued for months.
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