46% of the TRX supply is being staked, energy demand is skyrocketing.

According to CryptoQuant, there are currently 43.8 billion TRX – equivalent to 46% of the total supply – being staked on the TRON network. This is a sign that community participation is increasing, contributing to enhancing the security and operational efficiency of the network. Staking TRX not only allows users to participate in voting for Super Representatives ( validators ), but also provides bandwidth and energy resources for transactions and DApps, thereby reducing transaction costs and making TRON more attractive for DeFi applications and stablecoin transfers.

Notably, more than half of the TRX being staked (24.3 billion, accounting for 55%) is through the Stake 2.0 model – an upgrade launched in 2023 aimed at increasing flexibility, transparency, and enhancing the user experience of DApp.

The amount of TRX staked to obtain energy has increased by 129% in a year, from 7.5 billion to 17.2 billion TRX. This is a sign that the demand for executing smart contracts is on the rise, paving the way for a "gas-free" experience, where users do not need to freeze or hold TRX to pay transaction fees.

The TRON network activity is becoming increasingly vibrant: bandwidth consumption has increased by 50% and energy has risen by 167% over the past year. Over 80% of resource consumption comes from TRX that has been staked, demonstrating that TRON's resource model is effectively encouraging users and DApps to stake to save costs.

In addition, the amount of energy paid by smart contract owners on behalf of users – to subsidize transaction fees – has also surged, with an increase of 1,577% over the past year, reaching 3.19 billion. Currently, 95% of TRON network energy is used for USDT transactions, indicating that this stablecoin remains the center of the TRON ecosystem.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)