Twenty-Two Highlights from TRON’s Historic 2022

January 05, 2023

Twenty-Two Highlights from TRON’s Historic 2022

2022 was not a year to remember for most people involved in crypto. Even though we, like everyone else, felt the hurt of the ups and downs and more downs and even more downs from this past year, TRON DAO is extremely grateful to report that 2022 was a year of historic growth. 

Here are 22 highlights from the fastest growing public blockchain’s record year:

# 22 probably the World’s Biggest DAO

On January 5, TRON announced its restructuring to become a decentralized autonomous organization (DAO). On April 11, Forbes declared that TRON DAO is probably the world’s biggest DAO, as the TRON blockchain now boasts 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 is now supported, listed, and traded on over 130 digital asset exchanges, payment systems, and trading platforms. 

# 19 the Enterprise Ethereum Alliance

TRON joined the Enterprise Ethereum Alliance to advance enterprise scalability of interoperable, blockchain integration in order to empower companies in their daily business operations. 

# 18 collaboration with Huobi 

In October, the TRON founder and current ambassador H.E. Justin Sun was named to Huobi’s Global Advisory Board, and the TRON ecosystem has started more partnerships with the exchange. 

# 17 the Peg Stability Module

On August 3, the Peg Stability Module (PSM) was rolled out, which allows users to swap between USDD and other mainstream stablecoins like USDT and USDC at a 1:1 ratio. 

# 16 sponsorships 

In 2022, TRON was the major sponsor of Consensus, NFT NYC, Mainnet by Messari, Converge by Circle, Binance Blockchain Week in Paris, Smartcon by Chainlink, Token2049, and more. TRON also hosted several VIP in-person afterparties – TRON Whale Night, at Bitcoin 2022, Consensus, and Mainnet.

# 15 the Binance CMC Crypto Top 10 EWI

On October 17, TRX was listed on the Binance CMC Cryptocurrency Top 10 Equal-Weighted Index, which tracks the performance of the top ten digital assets on CoinMarketCap as ranked by market capitalization.

# 14 feel the burn

In 2022, the total amount of TRX burned from various utilities was 11.74 billion, considerably accelerating its deflation.

# 13 TRON Academy

TRON Academy officially launched November 12, when 270+ students from top-tier university blockchain clubs gathered on the Harvard University campus for the first “Hacker House” event. 

# 12

On August 10,, the world’s leading blockchain-based travel booking platform, announced its adoption of USDD and TRX as means of payment.  

# 11 the 2nd largest stablecoin ecosystem 

TRON now has the second-largest total stablecoin circulation, next to Ethereum, with a market cap of $39.5 billion at year’s end.

# 10 the TRON DAO Ecosystem Fund

TRON DAO launched their Ecosystem Fund with 8 unique programs for funding, including TRON DAO Ventures, which intends to invest in promising blockchain startups.

# 9 the national blockchain of Dominica

On October 7, the Commonwealth of Dominica announced TRON as its national blockchain and authorized seven TRON-based cryptocurrencies as legal tender for everyday use.

# 8 the TRON DAO Reserve

On April 21, the TRON DAO Reserve was established to safeguard the overall blockchain industry and crypto market. 

# 7 greater influence

On August 1, Crypto Daily described H.E. Justin Sun as one of the premier leaders in the Web3 era. 

# 6 the Stablecoin USDD

In May 2022, TRON launched USDD, the first over-collateralized, decentralized stablecoin, which is now held in more than 130,000 wallets. On November 2, Messari released the report “State of USDD Q3 2022.” USDD finished the year with a circulating supply of over 725 million and a collateral ratio of greater than 200%.

# 5 one of the most eco-friendly blockchains

On August 24, in the report titled “Energy Efficiency and Carbon Footprint of the TRON Blockchain” released by the Crypto Carbon Ratings Institute (CCRI), TRON was rated as one of the most eco-friendly blockchains. 

# 4 the 4th anniversary of MainNet independence

On May 31, TRON celebrated the fourth anniversary of its MainNet launch. 

# 3 three stellar HackaTRONs

Three Seasons of the TRON Grand Hackathon, a.k.a. “HackaTRON,” took place in 2022, with over 2300 total participants and a combined total prize pool of over $2.7 million. 

# 2 TVL

According to DefiLlama, by the end of Q3, the Total Value Locked (TVL) on TRON had reached $6.33 billion, up 61% from Q2, surpassing BSC to become the blockchain network with the second-largest TVL worldwide. Messari released its first ever TRX research report on November 5, titled the “State of TRON Q3 2022.” 

# 1 from 69 million total TRON user accounts to 132 million

63 million new TRON user accounts were established in 2022. TRON aims to become the primary settlement layer of the global economy. As the global trend-setter in cryptocurrency, TRON is developing an ecosystem infrastructure that will be able to serve every human on the planet.