The Tron team published its weekly network upgrade a few hours ago, announcing that the total value locked (TVL) on the blockchain has now surpassed $8 billion. The blockchain heights also exceeded 38.58 million while the total number of accounts on TRON reached 79,851,609.
TRON is a public blockchain attempting to become the core infrastructure for a decentralized internet. TRON relies on a Delegated Proof-of-Stake (DPoS) mechanism in which 27 Super Representatives rotate every 6 hours to validate blocks and transactions.
TRX is down by up less than 4% so far today and is trading at $0.06077 at press time.