The Tron project has displayed an impeccable price performance this year. Further, with increased adoption and the launch of a unique and exciting project on its blockchain, its native token “TRX” has outperformed major cryptocurrencies over the past few months.
Digital assets traded in the red today as cryptocurrency enthusiasts remain skittish amidst the United States Presidential elections. Bitcoin price retraced towards the $68K mark, dragging the altcoin market lower over the past day. The bellwether token trades at $68,790 at press time, with bears signaling further declines before probable uptrends.
While cryptocurrency bears tightening their grip amidst the United States Presidential elections, Tron (TRX) holders enjoy profits. IntoTheBlock data shows that 97% of investors are making money at current prices, with 2% at break even and only 1% experiencing losses. Such significant profitability levels reflect Tron's resilience and unwavering confidence in the altcoin's future.
TRON's latest price action could come in for significant volatility soon.
XRP has been stuck in a downward trend since the end of October and is finding it difficult to pick up steam. The chart displays a distinct downward trendline that has served as a barrier that XRP has been unable to overcome.
TRON (TRX) was one of the most active chains in October, handling more than 43% of all altcoin chain traffic. TRON also had the second-highest monthly revenues for 2024.
Crypto Twitter got spicy after Coinbase CEO Brian Armstrong said the exchange doesn't charge fees, with other execs pushing back.
The price of TRON (TRX) has been on an impressive run of late and established a double-top technical formation. Technical analysts typically utilize this pattern to forecast a trend reversal when an asset reaches its peak.
In the month of October, the Tron blockchain recorded record revenues of 205 million dollars, driven mainly by growth in the DeFi sector and the expansion of meme coins.
TRON founder Justin Sun recently disputed Coinbase CEO Brian Armstrong's claim that the exchange offers free asset listings. The post TRON Founder Says Coinbase Requested $80M in TRX and $250M in BTC for Token Listing appeared first on Cryptonews.
Coinbase CEO got an informal community note after Justin Sun debunked claims of no listing charges
A hot new debate has emerged in the crypto community regarding alleged listing fees on centralized exchanges - specifically Binance and Coinbase. It all began with one of the venture capitalists sharing the details of a conversation with a high-end project that reportedly received a listing offer requesting 15% of the project's total token supply, an amount potentially worth up to $100 million.
TRON (TRX) has fallen back near the moving average lines. The altcoin will resume its uptrend if it holds above the moving averages.
The crypto market has witnessed massive rallies in the past week ahead of the bull season, with Bitcoin breaking a crucial resistance zone. Popular market analysts such as Crypto Rover believe the altcoin season is so close as crypto platforms continue strengthening their networks ahead of the bull season.
Tether's latest USDT minting spree is reshaping crypto dynamics, boosting liquidity and market confidence.
TRON's October saw high revenue and a surge in transactions driven by memecoins.
Tether Treasury has minted an impressive $1 billion USDT on the Tron network in the past 12 hours. This action aligns with Tether's ongoing commitment to maintaining a robust supply of its stablecoin across major exchanges and blockchains, particularly during a bullish market phase.
The Tron Network has recorded surging transactions in the last 30 days, increasing its market share. Generally, crypto transactions have soared due to heightened institutional and retail adoption as the price of assets moved near all-time highs.
Tron is leading the altcoin transaction volume dominance level per data from CryptoQuant.
Tron's blockchain has seen remarkable progress, with its native token, TRX, surging to a yearly high as the network achieved its second-largest monthly revenue on record. Data from CryptoSlate shows that TRX reached $0.17 within the past 24 hours, reflecting a 55% increase year-to-date.
The TRON network has been making big moves in the altcoin market, reclaiming its status as the leading blockchain for transaction volume among major altcoin chains. The TRON network has reported $205 million in revenue for October, marking it as the second-highest monthly revenue in its history.
TRON announced a major partnership with Chainlink, adding to the growing list of ecosystems integrating the Oracle network's data feeds, among other services.
CoinDesk had 20 minutes in person with the Tron founder on the sidelines of Chainlink's Smartcon at Hong Kong Fintech Week. We covered a lot.
The TRON network has been making a notable impact across altcoin ecosystems, regaining its position as the leading blockchain for transaction volume among major altcoin chains. According to a CryptoQuant analyst known as ‘Maartuun,' TRON has shown substantial transaction dominance recently, handling roughly 43% of transactions across major altcoin blockchains as of October 30.
How is Tron strengthening its rapidly-expanding $7 billion decentralized finance economy with Chainlink's assistance?
Bitcoin raised Uptober hopes as it approached the $73,949 ATH on 29 October, trading above $73,600 on leading exchanges. Despite being less than $300 away from its all-time highs, Bitcoin experiences reduced investor interest, signaling a potential crash in the near term. Bitcoin trades at $70,568 after dropping from its 24-hour high of $72,902.
As Ethereum's dominance wanes, rising stars like CYBRO, Solana, Avalanche, and Tron capture investor attention with unique features. #partnercontent
TL;DR Tron replaces WinkLink with Chainlink as its oracle provider to strengthen DeFi security. The migration to Chainlink covers key applications like JustLend and JustStable, with $6.5 billion in TVL. The network initially covers Chainlink costs to drive the adoption of high-quality services in its ecosystem.
Chainlink Data Feeds is set to become the official data oracle solution for the TRON blockchain ecosystem, providing data feeds for TRON's DeFi applications JustLend and JustStable. In an Oct.
Tron's DeFi ecosystem turns to Chainlink for reliable, decentralised pricing data.
The integration could enhance TRON's DeFi ecosystem security and innovation, potentially driving broader adoption and growth in the blockchain space. The post TRON DAO adopts Chainlink Data Feeds to strengthen DeFi security, accelerate TRON's growth appeared first on Crypto Briefing.
This move is set to enhance the way decentralized finance (DeFi) applications operate on the Tron blockchain. Tron DAO announced that JustLend and JustStable will now use data feeds from Chainlink for pricing information.
Tron founder Justin Sun said the blockchain's integration of Chainlink would present significant opportunities for the two networks to grow in the stablecoin and real-world asset sector. In an Oct. 31 post on X, Sun stated: “[Tron] has joined Chainlink Scale, adopting Chainlink Data Feeds as TRON's official oracle.
The TRON DAO will discontinue its support for WinkLink Oracle and focus on the Chainlink network for further DeFi development.
Tron DAO said in an announcement that DeFi applications JustLend and JustStable — with over $6.5 billion in TVL — will use Chainlink's data feeds.
TRON DAO has partnered with Chainlink as its new official oracle provider, replacing WINkLink, to secure its $6.5 billion DeFi ecosystem through Chainlink's Data Feeds and SCALE program integration.
The secure and reliable price data will be available to one of the largest DeFi economies in the world.
It's been a busy week for Tether, as the company announced that it had authorized the minting of another 1 billion USDT tokens, pushing the total number of minted tokens to $33 billion in the last year. According to blockchain data, the additional tokens were minted on the Tron network and immediately sent to the company's treasury wallet.
Justin Sun, founder of TRON, announced that his company has joined Chainlink SCALE, with Chainlink Data Feeds now set to become the official oracle for the foundation. This strategic upgrade will enhance the security of over $6.5 billion in DeFi total value locked (TVL) on this blockchain platform through Chainlink's trusted infrastructure, while also creating
TRX, Tron's native coin, has seen a modest 4% increase over the past week. However, underlying on-chain metrics suggest that this bullish momentum may be short-lived.
TRON (TRX) price has continued its uptrend as it trades above the moving average lines. TRX price analysis by Coinidol.com.
Crypto markets saw a mixed week with altcoins rallying and major tokens facing slight declines. Market volatility highlights investor interest.
Justin Sun shares Tron's ambitious plan for decentralized stablecoin USDD in Q4.
TRON's resilience amidst recent market declines highlights its growing appeal with a rise in large transactions!
TL;DR The TRON (TRX) network reports that 100% of its addresses are profitable, with 153.24 million addresses generating gains, indicating strong optimism in the network. The network's capacity has significantly improved, with a 100% increase in its “energy” over the last quarter. The TRX token is trading at $0.
Blockchain analytics firm IntoTheBlock has revealed that 99.8% of TRON (TRX) addresses are currently profitable. Their latest data shows that 153.24 million addresses are in green.
Justin Sun believes that Tron memecoins are ready for a new cycle of growth, supported by continuous development and a high degree of community involvement in the Tron network. He feels that if TRX can break above its previous peak, a wave of FOMO might be created to propel attention and investment toward meme coins