TRON price steadies after Proposal 108 upgrade as Q3 activity stays strong
Published on 11/07/2026 at 13:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTRON upgrade meets strong network activity
- TRON Proposal 108 took effect on November 2, activating a smart-contract storage optimization.
- TRON's Q3 2026 stablecoin supply averaged 92.25 billion US dollars, while transfer volume reached 2.18 trillion US dollars.
- Investing.com displayed TRX at 0.322227 US dollars when read on November 7, with a market capitalization of 30.59 billion US dollars.
The TRON price was displayed at 0.322227 US dollars when the Investing.com TRX/USD page was read on November 7, 2026. The page showed a market capitalization of 30.59 billion US dollars, 24-hour volume of 531.31 million US dollars, a rank of eight and 95.03 billion TRX in circulation. The page did not identify its displayed percentage move as the preceding UTC daily close, so this report does not treat it as a UTC day change.
The immediate network development is governance Proposal 108. According to Odaily, the proposal was approved and took effect on November 2. It enabled the smart-contract storage optimization included in GreatVoyage-v4.8.2.4, also known as Empedocles. The change is intended to improve consistency in contract-storage operations and reliability for nodes and applications.
Stablecoin settlement remains the core driver
TRON's technical upgrade comes against a backdrop of high on-chain settlement activity. A Markets Insider report carrying a TRON DAO release said that stablecoin supply averaged 92.25 billion US dollars in the third quarter of 2026. Quarterly stablecoin transfer volume reached 2.18 trillion US dollars, while the average USDT supply on TRON was 90.75 billion US dollars, representing 49.49 percent of USDT across the tracked blockchains.
The same release reported 1.08 billion transactions in Q3, 76.53 million stablecoin holders and an average of 17.81 million monthly active users. It also cited 693.21 million US dollars in network revenue and an average transaction fee of 0.64 US dollars. These are network activity metrics, not revenue or earnings of a listed company.
Institutional access adds another variable
TRON DAO also highlighted the launch of Canary Capital's Staked TRX ETF, futures trading on Bitnomial and staking through Anchorage Digital. Eligible Bitstamp clients gained access to USDT on TRON, according to the same release. Such developments may broaden access to TRX, but they do not by themselves establish a price trend.
For investors, Proposal 108 is primarily an infrastructure change rather than a monetary-policy event: the reported update does not change TRX supply or introduce a new fee schedule. The TRON price therefore remains a market indicator to monitor alongside stablecoin settlement, application activity and the execution of the upgrade. More TRON coverage is available on the TRON topic page.
