TRX may be struggling, but it's not all bad news for the TRON ecosystem.
TRON has become a standout blockchain in the cryptocurrency space, recently hitting remarkable milestones in transaction fees and USDT (Tether) activity. As the blockchain ecosystem continues to expand, these key metrics are not only reflecting growing adoption but also highlighting the increasing involvement of institutional investors in TRON's ecosystem.
The TRON blockchain has been making significant strides in the cryptocurrency market, recording a notable increase in network fees and transaction activity. Particularly, over the past year, the TRON network has consistently demonstrated growth across multiple key metrics, reflecting increased adoption and participation from larger players in the digital asset market.
CryptoQuant data revealed that stablecoin supply on the Tron blockchain stabilized at $62 billion after consistent surges over the past few months. That signals paused minting of new assets, confirming balanced markets – where stablecoin demand meets the prevailing supply.
Tron price heatmap signals a potential local bottom as USDT supply on its blockchain surpasses $60 billion.
Tron (TRX) is down by more than 40% since its peak, but a local bottom could trigger an uptrend.
Cryptocurrency analysts of Coinidol.com report, the price of TRON (TRX) has halted its downtrend, falling from a high of $0.45 to $0.22.
During recent price slides, crypto entrepreneur Justin Sun has restated his bullish grip on Ethereum (ETH). The Tron Network executive has driven several reactions from the community due to on-chain digital asset movements and partnerships to drive wider adoption.
TRON has seen growth in stablecoin transfers, lending, and daily network transactions.
TRON is growing its lending sector with JustLend. The protocol holds up to $8.3B in value based on the method of reporting, and represents a large share of TRON's total value.
Despite what many have observed as a sell-off trend among several major holders like Sun, his explanation suggests a different story entirely.
5 small-cap cryptocurrencies are poised to outperform Solana and TRX by 2024, offering remarkable growth potential. #partnercontent
Tron's leading memecoin launchpad SunPump introduces a groundbreaking AI assistant to automate token creation process. The platform aims to accelerate memecoin adoption while offering promotional rewards.
Tron Network has finally welcomed the first Artificial Intelligence (AI) agent on Sun Pump after months of development. The founder of the network Justin Sun shared the news of the milestone in a recent X post.
Tron founder Justin Sun has sold 50% of his Ethereum holdings, triggering a sharp drop in ETH prices. Crypto analysts warn of further market turbulence as Ethereum struggles to maintain critical support levels.
Tron founder Justin Sun has been heavily offloading his ETH holdings with Ethereum price crashing 17% following the rejection at $4,000. Over the past 7 days, Sun has offloaded another 50% of his holdings worth $143 million.
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Tron (TRX) has made headlines recently by achieving remarkable milestones in transaction volumes, consistently outpacing other blockchains for three months in a row. However, despite these impressive transaction records, TRX's price has failed to mirror this growth, raising concerns among investors and analysts.
Bitget, a cryptocurrency exchange and Web3 company announced a partnership with Tron, a blockchain network known for its role in onchain settlement. Bitget Joins Forces With Tron According to the news shared with Bitcoin.com News, the collaboration includes Bitget‘s $10 million purchase of Tron's native token, TRX.
Tron records the highest number of transactions among blockchains for 3 consecutive months.
Leading crypto exchange Bitget announces strategic partnership with TRON blockchain, investing $10M in TRX tokens, while its native token BGB achieves record-breaking performance.
With Donald Trump's inauguration fast approaching, there are some cryptos that investors should be looking to have in their portfolio. This is based on the fact that these coins could record a two times increase in their price, considering the president-elect's pro-crypto stance.
Bitget Global partners with Tron blockchain and acquired TRX tokens worth $10 million. This partnership strengthens Tron blockchain further, enhancing its use cases in the blockchain ecosystem.
CoinDesk removed an article critical of TRON founder Justin Sun after complaints from his team and alleged pressure from its parent company.
The price of TRON (TRX) has stalled at the $0.45 mark. The altcoin has declined to its low of $0.23 before recovering.
TRON surged past dips in mid-2024 to achieve a record-breaking USDT transfer volume in November as stablecoin demand grew globally.
The Ethereum price could face some turbulence, as Justin Sun, the founder of Tron (TRX), has unstaked a whopping $209 million from Lido Finance, a liquid decentralized staking platform for Ethereum. Compared to top cryptocurrencies like Bitcoin (BTC) and Dogecoin (DOGE), the Ethereum price has had a relatively muted performance, skyrocketing to $4,000 before consolidating and struggling to move higher.
The blockchain network has set a new record with $587.2 billion in USDT (Tether) transactions during November 2024. This milestone underscores the growing significance of stablecoins and their increasing usage across global markets.
The market activity of TRON (TRX) has experienced a remarkable surge, resulting in the company making headlines. In November 2024, TRON achieved an extraordinary $587 billion in USDT transfers, a 30% increase from the previous months.
The Ethereum market was seen experiencing a 2.36% surge in the last 24 hours, with ETH price settling near $3,951.
Tron founder Justin Sun has sparked speculations in the market with his recent plan to acquire around 53K ETH. Notably, this comes as the Ethereum price flirted near the $4,000 mark, with a surge of nearly 2% in its last 24-hour value.
Tron network had the highest stablecoin transfer volume in November but what's next after a notable slowdown?
Tron's stablecoin dominance has continued to surge in recent months, hitting a new all-time high. The influx of new crypto users and growing adoption has spurred the market to new levels.
Experts point to a new AI coin selling for $0.07 amid its presale as potentially primed to outrun top altcoins like Shiba Inu (SHIB) and TRON (TRX). Backed by a utility-packed protocol that capitalizes on blockchain and artificial intelligence technology, this AI coin is set to revolutionize the investment landscape and reward early adopters handsomely.
The price of TRON (TRX) has risen significantly, reaching a high of $0.45 on December 2.
TRON (TRX) has encountered a significant pullback. On December 4th, 2024, TRX reached its peak of $0.45, marking a 160% surge over the past three weeks.
Tron [TRX] recently hit a new ATH after a strong rally. Will it sustain momentum, or is a correction likely?
Tron (TRX) has become a prominent player in the world of decentralized finance (DeFi) and blockchain technology. Currently priced at $0.28, Tron has seen substantial growth over the years, but what lies ahead for this popular crypto token.
The cryptocurrency industry is on the cusp of yet another bull phase, and this time, investors are looking for reasonable avenues to turn their small stake into multi-million-dollar money. Although multiple coins excel in compatibility, Rexas Finance (RXS), Toncoin, Ripple (XRP), and Tron (TRX) always reign supreme owing to their specific use cases and ability
Unlimit is collaborating with Tron to facilitate mainstream access to crypto platforms by leveraging low gas fees.
The cryptocurrency market is facing a downturn as Bitcoin recently dipped below $100,000, dropping from a high of $101,000 to $96,880.
From TRX and tether-on-Tron to wBTC and one expensive banana, Sun was never far from the headlines this year.
TRX price has resurged after declining sharply in recent days. The sentiment surrounding the coin favour the upside, with a barrier at $0.3
“Historically, these dips have been followed by swift recoveries as fresh capital flows back into oversold assets," a CoinSwitch analyst told Decrypt.
Story Highlights The live price of the Tron coin is Tron crypto could reach a maximum of $0.44 by 2024. TRX coin price could go as high as $3.55 by 2030. As the 10th biggest cryptocurrency in terms of market capitalization, the TRX price shows a persistent upward journey amidst the highly volatile.
Bitcoin (BTC) continues to correct below its $100,000 milestone. As of Dec. 19, the top cryptocurrency was down approximately 7.50% from its record high of $103,620 (data from Bitstamp), trading for around $95,950.
A swathe of older altcoins colloquially known as “dino coins” have rallied while many of the newer tokens have stalled; analysts explain some of the reasons why.