JustLend received several deposits in the span of an hour, boosting the lending protocol's TRX holdings. The whale wallets remain anonymous, but follow recent deposits and withdrawals by Justin Sun, founder of TRON.
Tron price is one of the few crypto assets that are up during the current market turmoil. The coin has gained 0.2% in the last 24 hours and is trading at $0.1539.
Justin Sun's Tron token is in a tight range as the ongoing crypto sell-off continues, with Bitcoin falling below $60,000. Tron (TRX) was trading at $0.1542, just a few points below its highest level this week.
TL;DR Tron's Q3 Revenue Soars: Tron reported $566 million in revenue for Q3 2024, a 43% increase from the previous quarter, surpassing Ethereum and Bitcoin. Key Growth Drivers: Strategic upgrades, token-agnostic gas payments, and deflationary tokenomics have significantly boosted Tron's appeal and revenue.
TRON achieved peak fees in Q3, ending up with positive earnings for the past six months. The chain benefitted from growing meme token traffic and USDT usage.
Tron Network achieved record Q3 2023 revenue of $577 million, outperforming Bitcoin and Ethereum, driven by its strong presence in the stablecoin market and recent expansion into memecoins.
The Tron blockchain set a new record in Q3 of 2024, recording record revenues of $577.2 million, according to the latest news.
The Tron network has posted record quarterly revenue largely driven by increasing stablecoin activity and an effort to capture a slice of the growing memecoin market.
Tron generated total revenue of $566 million in the third quarter, placing it ahead of giants like Ethereum, Solana, and Bitcoin. The figure reflects a 43% increase compared to the network's second-quarter earnings.
The stablecoin market continues to be dominated by Ethereum and TRON, with both blockchain networks holding a combined market share of nearly 84%, according to estimates from crypto price aggregator CoinGecko. As of September, the total value of stablecoins on these networks reached $144.4 billion. Ethereum leads with $84.6 billion, or 49.
Data gathered by CoinGecko reveals that Ethereum and TRON dominate the stablecoin market, holding a combined $144.4 billion, or 83.9%, of all stablecoins.
Tron (TRX) price is showing mixed signals, leaving traders uncertain about its next move. Recent indicators suggest a balance between bullish and bearish forces, with no clear direction emerging yet.
The cryptocurrency market has shown renewed strength as Bitcoin recently crossed the critical $64K resistance level, spurring excitement among investors. With the broader market gaining momentum, many focus on potential Shiba competitor outperforming SHIB itself.
Blockchain platform TRON DAO has boosted its ecosystem integrity following a comprehensive security evaluation by security firm ChainSecurity. The details assessment aimed to identify and solve any issues that could impact TRON network performance, including block generation, consensus operations, and transaction execution.
Latest updates on TON, TRX, and FTT coins.
TRX has been taking a breather after its recent rally, fueled by the excitement around the SunPump hype. Now that the hype has settled, the price has been moving sideways
The price of TRON (TRX) is in an uptrend but is currently moving sideways below the $0.17 resistance level.
Bollinger bands have constricted suggesting low volatility and price consolidation.
USDT's anticipated integration into the Lightning Network has been a topic of discussion among crypto enthusiasts for years. Despite the evident advantages Lightning offers—such as instant, low-cost transactions—USDT's transition to this layer has been over and again stalled.
TRX, the native currency of the Tron network, is steady at press time and trending at around all-time highs. After the explosion in Q3 204, the uptrend remains, and buyers are confident that there will be more gains in the coming days.
The implementation of USDT on Celo and the success of MiniPay contribute to the rapid expansion of the network
Despite suffering a network outage on August 19 due to unprecedented traffic, SunPump has expanded its business with the launch of NFT Pump in partnership with APENFT.
Rexas Finance is currently valued below $0.08 and is all set to overtake Tron (TRX) by early 2025
The CELO token has rallied nearly 20% in the past 24 hours.
Tron price has eased slightly in the past five consecutive weeks as the enthusiasm about Justin Sun's meme coin project eased. TRX has retreated to $0.1495, down from the year-to-date high of $0.1690.
Blockchain data shows Celo's growth was boosted by key applications like Minipay and Valora, particularly in markets like Nigeria and Kenya.
TL;DR Vitalik Buterin's Praise: Ethereum co-founder Vitalik Buterin praised Celo for surpassing Tron in daily active stablecoin addresses, marking a significant milestone. CELO Token Surge: Following Buterin's endorsement, Celo's native token, CELO, surged by approximately 25%, reaching $0.68.
Celo surpasses Tron in stablecoin usage, driven by African app adoption. Vitalik Buterin praises Celo's impact on global payment accessibility and finance.
Vitalik Buterin also talked about the Celo blockchain for transitioning from a standalone Ethereum Virtual Machine (EVM)-compatible Layer 1 blockchain to an Ethereum Layer 2 blockchain.
Artemis, an institutional data platform for digital assets, noted that Ethereum layer-2 blockchain Celo (CELO) recently outperformed Tron (TRX) in daily active addresses. This growth is fueled by stablecoin adoption and usage.
Vitalik Buterin noted that Celo's second L2 testnet, Alfajores, will be upgraded to Ethereum L2 on Sept. 26.
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In a significant development for The Open Network (TON), MyTonWallet has announced its integration of Tron blockchain assets, marking a first for wallets in the TON ecosystem.
TRON (TRX) is ready to airdrop 888 TRX to every meme crypto team behind launches on SunPump. The incentive kicks off amid a 37x decline in the platform's activity.
MyTonWallet, a wallet application native to The Open Network blockchain, has added support for Tron. The TON wallet announced its multi-chain support in a post on X on Sept.
In a keynote address, Tron founder Justin Sun teased closer collaboration between the blockchain platform and crypto exchange HTX.
MyTonWallet said that it would support TRX, USDT and other crypto assets using the TRC-20 token standard.
Tron price held steady on Saturday, Sep. 21 as most SunPump tokens retreated. Tron (TRX) rose to $0.1520, a few points above this week's low of $0.1467, and 11% below its highest point this year.
TRON Network and Dogecoin have been fighting fiercely to maintain their positions in the top 10 crypto market cap rankings. On the other hand, lesser-known cryptocurrencies have been garnering more and more investor attention with their strong price rallies and successful presales.
The price of TRON (TRX) has fallen below the 21-day SMA after failing to break through the $0.17 level.
In a move setting the SHIB Army ablaze, Shytoshi Kusama hinted at a potential partnership with Tron DAO during his masked appearance at the Token2049 blockchain event in Singapore, fueling excitement and speculation within the Shiba Inu community. SHIB Army Reacts to Kusamas Mysterious Tweet The mysterious Shytoshi Kusama, leader of the SHIB, has sent out a tweet that has the Shiba Inu community abuzz.
A series of transactions showed JustLend burned 60K BTC tokens on TRON. The tokens were based on an earlier deposit of 60K BTC, with suspicions that the whale wallet may belong to TRON's founder Justin Sun.
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Justin Sun, the founder of Tron (TRX), has made bold predictions about the blockchain network, expressing confidence that Tron would surpass Solana (SOL) and secure a position among the top three cryptocurrencies within the next two years.
According to one analyst, Tron, a popular smart contracts platform and a stiff competitor of Ethereum, could be one of the most important layer-1s. Based on his assessment, the platform now serves more as a transactional layer, similar to Bitcoin.
While the month-on-month data is positive, daily network activity on Tron is shrinking.
CoinStats, a prominent platform in cryptocurrency portfolio management, has officially launched full integration with the TRON blockchain. This update is part of CoinStats' mission to enhance user experiences by broadening the range of assets it tracks.