Market News

US Department of Commerce Chooses TRON as Blockchain for Economic Data Publication

In a significant move, the US Department of Commerce has partnered with TRON to publish official economic data on a public blockchain.

This partnership marks the historic first time US GDP data has been released on a blockchain, starting with the Q2 2025 GDP figures.

The use of TRON is intended to enhance the transparency and accessibility of critical economic indicators, a crucial step for the integration of decentralized technologies in government operations.

The Bureau of Economic Analysis confirmed the annualized GDP growth rate of 3.3 percent, with the transaction hash securely recorded on TRON.

By facilitating the recording of this data, TRON underscores its capabilities in scalability, speed, and efficiency, crucial for handling large volumes of transactions.

Currently, TRON processes over $22 billion daily in settlement volume, solidifying its reputation as one of the most active blockchains globally.

This partnership not only elevates TRON's status but also reflects a broader trend of blockchain adoption in securing sensitive data and promoting transparency.

Amidst recent market volatility, TRON's native cryptocurrency, TRX, has maintained strong price levels and bullish momentum.

TRX's performance remains under observation, particularly around key support levels that will dictate its short-term trajectory.

Overall, this development signifies a potential turning point for blockchain technology in public sector applications, enhancing trust and accessibility in vital economic information.