![Tron [TRX] rides high on these metrics, is it the boost the network needs](https://coinlocally.com/e-learning/wp-content/uploads/2023/05/Tron-TRX-rides-high-on-these-metrics-is-it-the-boost-the-network-needs-1024x576.jpg)
Tron has the largest user base in the cryptocurrency industry, with 20.01 million TRX tokens removed from circulation on May 5. Daily active users have surpassed 1.87 million, with daily transactions reaching 9.35 million. Tron has partnered with Footprint Analytics to boost the openness of its blockchain data, and its total valued locked (TVL) has improved as well. TRX has a market cap of $5.45 billion and is one of the most hospitable chains for stablecoin trading. TRX’s market capitalization is $6.73 billion, and the nominal value of TRX’s Open Interest (OI) in the futures market has increased by 15%. TRX circulation supply has fallen by 14.94 million due to negative funding rates.
Tron [TRX] rides high on these metrics, is it the boost the network needs
