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Entering the third quarter of the year, the Tron (TRX) network is once again gearing up for an exciting update.


Tron is preparing for the major announced Great Voyage – v4.7.2 (Periander) update.
This latest update will bring significant improvements in four key areas within Tron MainNet.
The Tron network is preparing for the update, which is expected to happen on July 11; Current data shows increased vitality and engagement on the Tron network.
Entering the third quarter of the year, the Tron (TRX) network is once again gearing up for an exciting update. During this continuous development, the network has had impressive activity and TRX has embarked on a remarkable journey. Tron is preparing for the major announced Great Voyage – v4.7.2 (Periander) update.
This latest update will bring significant improvements in four key areas within Tron MainNet. Enhanced Stake 2.0 mechanism, seamless compatibility with EIP-3855, a more streamlined smart contract interface calling, and a revamped P2P network module.
In addition, Tron MainNet Periander also offers two key management recommendations for Tron Stake 2.0, providing users with a more flexible staking experience. The first recommendation will allow users to withdraw unstaking requests that are still pending.
Besides, the second recommendation allows users to customize the lock time for delegated resources and puts them in control. Also, this expected update is scheduled to happen around July 11th.
After experiencing a decline in June, Tron's Total Locked Value (TVL) has slightly increased. At the time of writing this article, TVL seems to be at the level of $5.65 billion.
Another notable improvement has been the massive growth in Tron's user base, especially among new users. At the time of writing, there were approximately 1.7 million users on the platform, while almost 45,000 of this number consisted of returning users. Moreover, the trading volume has also increased, surpassing the $4.6 million mark in the last 24 hours. This high level of activity indicated vitality and participation in the Tron ecosystem.
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