Messari Releases Q3 2022 State of TRON and State of USDD Reports
. The State of USDD report includes insights on performance, issuance, deposits, reserve balance, user adoption, transactions, price analysis, and total value locked. Readers can also get qualitative analysis on subjects such as monetary policy and the peg stability module .After rapid adoption in Q2, supply growth stalled in Q3, increasing only 0.2% to 725 million. However, the number of wallets holding the currency increased nearly 5X in Q3.
After the UST collapse and stablecoin depegging in June, USDD maintained a tight peg and launched Peg Stability Module usingThe State of TRON Report was also the first edition of quarterly coverage from Messari. This report highlights performance analysis, ecosystem development, and qualitative analysis. Readers can also get an overview of TRON’s TVL, Strategy and Challenges, and a forecast of the road ahead.TRON network activity exhibited continued strength after the launch of USDD in May.
The GreatVoyage-v4.5.2 upgrade released in Q3 is aimed at improving node synchronization and transaction throughput.
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