The cryptocurrency market continued its volatile trajectory on Friday, with most major coins trading sluggishly. Bitcoin (BTC) remained subdued at the $97K level, while Ethereum (ETH), XRP, and Solana (SOL) experienced sharper declines. The global cryptocurrency market capitalisation stands at $3.15 trillion, reflecting a 1.06% decline over the past 24 hours.
The crypto market on Friday continued keeping investors on their toes, with coins mainly trading sluggishly. Bitcoin (BTC) price showcased a trading session at the $97K level, whereas Ethereum (ETH), XRP, and Solana (SOL) reflected a similar volatile trajectory.
In 2024, Tron reached several important milestones, outpacing both Bitcoin and the broader altcoin market and expanding its user base.
Tron (TRX), the cryptocurrency built around decentralized applications (dApps) and decentralized finance (DeFi), has shown a notable recovery after facing significant price declines in the past week. Despite a 10% drop in value over the past week, TRX saw a 3.7% rebound in the last 24 hours, bringing its price to $0.2253.
TRX rebounds after a 10% weekly drop, driven by increased decentralized activity and positive technical indicators.
The growing rivalry between Tron (TRX) and Ethereum (ETH) has taken a new twist with an unusual network shift. According to data insights from the crypto analytics platform CryptoQuant, Tron has surpassed Ethereum in network fee revenue.
Tron (TRX) and Cardano (ADA) have remained popular choices for investors looking for long-term blockchain projects with strong fundamentals. Tron's high-speed transactions and low fees have made it a go-to network for decentralized applications (dApps) and stablecoin transactions.
Stablecoins expanded their activity in 2024, remaining a tool for peer-to-peer payments, making up to 50% of on-chain traffic.
low fees, but new competition from Coldware (COLD) is challenging its dominance. With Coldware (COLD) gaining momentum as a highly scalable and decentralized Layer-1 blockchain, investors are taking note.
Tron founder Justin Sun has boldly heralded USDD as the only “true decentralized stablecoin” in the entire crypto sector. Sun has made several promotional statements in recent weeks to rally the crypto community toward the stablecoin, ahead of the launch of USDD 2.0.
TRON consolidates after a sharp decline, with a larger recovery likely ahead, targeting $0.34. The crypto's price is still showing indecision, but short-term bullishness looks highly likely.
TRON and Movement Labs assert $TRX and $MOVE holdings were acquired via standard market transactions. WLFI holds significant assets, including Ethereum, USDC, Chainlink, AAVE, TRON, and Uniswap.
TRON's TRX is the second largest holding in World Liberty Financial's wallet.
Representatives from TRON and MOVE, two of the protocols whose tokens are being held by the treasury of World Liberty Financial (WLFI), have come out to deny they entered a token swap agreement with the Trump-linked DeFI project. Blockworks first reported that World Liberty Financial has been offering blockchain teams a token swap deal.
A report alleges that projects were pitched on a $10 million - $15 million buy-in on the Trump-backed project.
With the cryptocurrency market continuing to show growth and volatility, investors are on the lookout for the next big opportunity.
T3 FCU, a group consisting of Tron, Tether, and TRM Labs, helped Spanish authorities freeze $26.4 million used in a crypto money laundering operation.
TRX is breaking out from a descending wedge, signaling potential bullish continuation. If momentum sustains, Wave (3) could target $0.2903.
Cryptocurrency analysts of Coinidol.com report, the price of TRON (TRX) has entered a sideways trend after stopping above the $0.217 support level.
Crypto assets are trading sideways after attempting a narrow recovery following last week's free fall. Despite slight whale inflows, Solana (SOL) and Tron (TRX) are among the struggling altcoins.
The crypto market never stands still. New players are constantly shaking up the game, challenging the old guard.
In a major win for crypto regulation, Spanish authorities, with help from the T3 Consortium, dismantled a crime syndicate, arresting 23 individuals and seizing $26.4 million. On the market side, analysts are eyeing the movement of Bitcoin by long-term holders, which could signal a bullish trend and drive up prices due to increased market liquidity.
Spain's Guardia Civil, in collaboration with Tether, TRON, and TRM Labs, froze $26.4 million in crypto linked to a European criminal network. Spanish authorities and the T3 Financial Crime Unit blocked $26.
Ethereum price has been a major laggard in the crypto market this year as it remains in a technical bear market. While ETH typically rebounds in February, investing in quality Ethereum rivals may be a good option to generate strong returns and diversify a portfolio.
Jito surged over 8% on Wednesday as the network outpaced several blue-chip blockchain networks in fees. Jito (JTO), the largest liquid staking platform on Solana (SOL), has become the second most profitable entity in the crypto industry after Tether.
With the global crypto market facing a downturn, the entry of Trump's World Liberty Finance into the space through significant investments, has sparked the attention of analysts and traders alike. As the company continues to accumulate more assets, particularly Ethereum (ETH), TRON (TRX), Chainlink (LINK), Aave (AAVE), and Minotaurus (MTAUR), it's clear that these altcoins
TRON (TRX) is currently experiencing significant bearish pressure, with technical indicators and price action pointing toward further declines. Despite efforts from key market participants, such as World Liberty Financial's purchase of $2.6 million in TRON tokens, the price momentum for TRX remains weak.
Toncoin (TON), Tron (TRX), and Binance Coin (BNB) are flashing bullish reversal signals, with key technical breakouts ahead.
The OBV has formed lower lows during the range formation. This was a piece of bad news for the bulls.
The T3 Financial Crime Unit (T3 FCU)—a joint task force formed by Tether, TRON, and TRM Labs—has frozen $26.4 million in crypto tied to a large-scale European money laundering operation, according to a Jan. 27 statement shared with CryptoSlate.
Tron, Tether and TRM Labs worked with Spanish authorities to destabilize a pan-European crypto laundering scheme.
TRON's compound annual growth rate could be key to the altcoin's performance in the near term.
In 2024, blockchain transaction fees exceeded $6.9 billion, with Ethereum, Tron, and Solana leading the market.
The overall cryptocurrency market seems to be recovering. Amid this, TRX, the native token of the Tron blockchain, is poised for massive upside momentum. The reason for this positive outlook is its bullish price action and the rising interest of traders in the altcoin, as reported by the on-chain analytics firm CoinGlass.
Tron, the cryptocurrency founded by Justin Sun, has pulled back over the past two months, erasing some of the gains it made in 2024. Tron (TRX) has dropped to $0.
Justin Sun, a crypto billionaire and the founder of the Tron blockchain platform, has published a tweet to offer crucial advice to Ethereum co-founder Buterin as he published a paper describing Ethereum Layer-1 and Layer-2 scaling as he sees it happening this year.
Tron (TRX) has recently made waves in the crypto market, driven by significant institutional interest and a surge in network activity. One of the key drivers behind this momentum is the strategic acquisition of TRX by World Liberty Finance (WLFi), which has accumulated a substantial 10.8 million TRX tokens, valued at approximately $2.65 million USDT.
TRON's network reaches 2 million active users and processes $3.6 trillion in transfers while TRX maintains sideways trading between $0.22-$0.27.
Here's why TRX could extend its short-term sideway structure.
Cryptocurrency prices struggled to find direction this week even as the crypto industry welcomed Donald Trump to the White House. Bitcoin price rallied to a record high of $109,200 and then suffered a big reversal. This article explores some top coins like Mantle (MNT), Ondo Finance (ONDO), and Tron (TRX).
Tron founder Justin Sun announced plans to deliver zero-fee stablecoin transactions. Zero-fee stablecoin transactions were originally planned to be implemented in Q4 2024.
TL;DR Justin Sun, founder of TRON, announced a plan to eliminate fees on stablecoin transactions, aiming to promote mass adoption of blockchain. The proposal could shift costs to network validators and set a new standard for accessibility in the crypto market. Although TRX's price fell by 3.
TRON (TRX) has recently gained attention by outpacing major blockchain networks like Bitcoin (BTC) and Ethereum (ETH) in terms of transaction efficiency. A new analysis from CryptoQuant reveals that TRON has achieved the highest Transaction-to-Price Ratio (TPR), a metric that measures the efficiency of transactions relative to the price of its native cryptocurrency.
As per a latest development, World Liberty Financial, the Defi project linked to President Trump has plans to buy more TRX tokens just days after a $2.6 million purchase. Notably, the project will buy an additional $2.65 million of TRX this week.
The mutual support of the Tron ecosystem and the Donald Trump-backed World Liberty Financial (WLFI) protocol has significantly helped attract more organic users to the TRX-based DeFi protocols.
The project now holds $352 million worth of crypto tokens, Arkham shows.
Tron founder Justin Sun has outlined ambitious plans to revolutionize stablecoin transactions by eliminating fees. According to a Jan. 23 statement on X, Tron's development team is creating a framework that would enable zero-cost transactions for stablecoins, aiming to boost the adoption of these assets.