Two Dozen Key Highlights from TRON’s Remarkable Year in 2022
Geneva, Switzerland, January 5, 2023, Chainwire
For TRON DAO The year 2022 was a landmark period for growth. Here are 22 key highlights from the public blockchain that experienced unparalleled success:
# 22 possibly the world’s biggest DAO
On January 5, TRON revealed its transition to a decentralized autonomous organization (DAO). Then on April 11, Forbes it was proclaimed that TRON DAO is likely the largest DAO in existence, with the TRON blockchain now featuring more than 132 million user accounts.
# 21 APENFT Marketplace
On April 15, the APENFT Marketplace launched on the TRON blockchain.
# 20 over 130 digital asset exchanges
TRX has gained support and is now listed on over 130 exchanges, payment systems, and trading platforms, including major players like Binance.US, Meson, Crypto Finance (a member of Deutsche Börse Group), Fireblocks, Bitkub, Bitso, DMM Bitcoin, and Kraken (offering TRX futures), along with others like Plisio, BTCBOX, Wirex, OKCoin Japan, BitMEX, Blockchain.com, and Guardarian.
# 19 the Enterprise Ethereum Alliance
TRON joined the Enterprise Ethereum Alliance Aiming to foster seamless cross-chain blockchain integration in day-to-day business activities, TRON established two key working groups: Cross-Chain Interoperability and DeFi Risk Assessment, Management, and Accounting (DRAMA).
# 18 expanded collaboration with Huobi
In October, the founder of TRON and its current ambassador, H.E. Justin Sun was appointed to Huobi’s Global Advisory Board, leading to increased partnerships within the TRON ecosystem and the exchange.
# 17 the Peg Stability Module
On August 3, the Peg Stability Module (PSM) was introduced, allowing users to exchange USDD with popular stablecoins like USDT and USDC at a 1:1 value.
# 16 sponsorships
Throughout 2022, TRON was a significant backer of various major events such as Consensus, NFT NYC, Mainnet by Messari, Converge by Circle, Binance Blockchain Week in Paris, Smartcon by Chainlink, Token2049, among others. The platform also organized exclusive VIP afterparty events, including TRON Whale Night during Bitcoin 2022, Consensus, and Mainnet.
# 15 the Binance CMC Crypto Top 10 EWI
On October 17, TRX was included in Binance CMC’s Top 10 Equal-Weighted Cryptocurrency Index, which monitors the performance of the ten leading digital assets according to market capitalization as reported by CoinMarketCap.
# 14 feel the burn
Last year, TRON managed to burn a total of 11.74 billion TRX via various utilities, which significantly sped up its deflationary effects.
# 13 TRON Academy
TRON Academy was officially inaugurated on November 12, when over 270 students from leading university blockchain clubs gathered at Harvard University for the engaging 'Hacker House' event.
# 12 Travala.com
On August 10, Travala.com, a premier travel booking platform leveraging blockchain technology, announced that it would accept USDD and TRX for payments.
# 11 - The World’s 2nd Largest Stablecoin Ecosystem
TRON currently boasts the second-largest stablecoin supply, just behind Ethereum, showcasing its dominance in this aspect. market cap of $39.5 billion.
# 10 the TRON DAO Ecosystem Fund
TRON DAO launched their Ecosystem Fund This achievement encompasses eight different funding programs, including TRON DAO Ventures, which focuses on investing in promising blockchain innovations.
# 9 the national blockchain of Dominica
On October 7, the Commonwealth of Dominica recognized TRON as its national blockchain and granted seven TRON-based cryptocurrencies legal tender status for everyday transactions.
# 8 the TRON DAO Reserve
On April 21, the establishment of the TRON DAO Reserve was announced, aimed at protecting the blockchain ecosystem and crypto market .
# 7 greater influence
On August 1, Crypto Daily described H.E. Justin Sun positioning itself as a leading player in the growing Web3 landscape.
# 6 the stablecoin USDD
In May 2022, TRON introduced USDD, marking the launch of the unique over-collateralized decentralized stablecoin, which is now present in more than 130,000 wallets. By November 2, Messari released a report detailing that USDD closed the year with over 725 million in circulating supply and a collateral ratio exceeding 200%. State of USDD Q3 2022 # 5 - One of the Most Environmentally Friendly Blockchains
Energy Efficiency and Carbon Footprint of the TRON Blockchain
On August 24, in the report titled “ According to a report from the Crypto Carbon Ratings Institute (CCRI), TRON was recognized as one of the leading eco-friendly blockchains. # 4 - Celebrating Four Years of MainNet Independence
May 31 marked the fourth anniversary of TRON’s MainNet launch, a significant milestone for the network.
In 2022, three seasons of the TRON Grand Hackathon, colloquially known as 'HackaTRON,' were held, attracting over 2300 participants collectively.
# 3 three stellar HackaTRONs
By the end of Q3, the Total Value Locked (TVL) in TRON had reached $6.33 billion, reflecting a 61% increase from Q2, which positioned it as the blockchain with the second-highest TVL globally, surpassing BSC. On November 5, Messari released its inaugural research report on TRX, titled ‘ prize pool of over $2.7 million.
# 2 TVL
According to DefiLlama # 1 - A Surge from 69 Million to 132 Million Total TRON User Accounts State of TRON Q3 2022 .”
In 2022, TRON welcomed 63 million new user accounts. Its ambition is to establish itself as the major settlement layer for the global economy. With its innovative ecosystem infrastructure, TRON is positioning itself to cater to the needs of every individual worldwide.
TRON DAO operates as a community-led organization aimed at hastening the decentralization of the internet through
About TRON DAO
Founded in September 2017 by H.E. Justin Sun, the TRON network has consistently delivered remarkable results since the launch of its MainNet in May 2018. By July 2018, it had also integrated BitTorrent, which is a pioneer in decentralized Web3 services with an impressive monthly user base of over 100 million. The TRON ecosystem has experienced phenomenal growth in recent years. By January 2023, it had amassed over 133 million total user accounts on the blockchain, executed over 4.5 billion transactions, and locked more than $9.2 billion in total value, according to TRONSCAN. Additionally, TRON maintains the largest circulating supply of USD Tether (USDT) worldwide, surpassing Ethereum's USDT since April 2021. The network achieved complete decentralization in December 2021 and is now fully governed by the community. The introduction of the over-collateralized decentralized stablecoin USDD in May 2022, backed by the first-ever crypto reserve for the blockchain industry - the TRON DAO Reserve, signifies TRON's formal entry into the realm of decentralized stablecoins. More recently, in October 2022, TRON was named the national blockchain for the Commonwealth of Dominica, marking a pivotal collaboration between a leading public blockchain and a sovereign state to develop its own blockchain infrastructure. In addition to the government's endorsement to launch Dominica Coin (DMC), a blockchain-based incentive to bolster Dominica's international presence, seven existing TRON tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD - have been officially recognized as authorized digital currencies and mediums of exchange in the country. blockchain technology and dApps.
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