TRX, core native cryptocurrency of Tron blockchain, logs 2.98% supply decrease in recent months
Tron , the ninth largest cryptocurrency by market capitalization, has achieved deflationary status this year. This is evidence of growing network activity on a once-dominant blockchain network for DeFi.In the last 12 months, the aggregated circulating supply of TRX was reduced by 2.41 billion tokens. In total, it is equal to a whopping $381.2 million at the going price, as noted by Lookonchain analytical service.As a result, net TRX supply has decreased from 88.97 billion to 86.56 billion coins.
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