Tron's TVL growth has been impressive, outperforming most networks except for Ethereum. The network's growth has attracted a lot of liquidity, as seen through its TVL growth over the last few months. Tron had the second-highest TVL in the first half of 2023, outperforming all other networks except for Ethereum. Tron's TVL currently stands at around $5.79 billion, a significant improvement from its lowest YTD level of just over $4 billion. The recent bullish outcome on July 13th pushed TRX's marketcap to a new monthly high above $7.3 billion, with the number of users on the network reaching more than 2 million as of July 2023.