Tag: Tron

Market Analysis

TRON PRICE ANALYSIS & PREDICTION (November 4) – TRX Sets For Bigger Moves As It Nears All-Time High, Breakout Ahead

After bouncing off a key support level in September, TRX showed signs of strength and recovered to the recent top. Facing rejection, it briefly lost momentum but remains strongly bullish from a long-term outlook. TRX’s performance has been impressively overwhelming over the past months following a steady increase. After bouncing […]

Market Analysis

TRON PRICE ANALYSIS & PREDICTION (October 14) – TRX Eyes $0.2 But This Resistance May Pose A Little Threat

Tron’s market structure is still looking bullish from a long-term perspective. After taking a little break in buying, it recently initiated another rally after going through a short retracement. After exploding massively to a peak of $0.17 in August, TRX lost steam and retraced in the late month. This retracement […]

Crypto, News

TRON Outpaces Competitors With $567M In Fees: Are Layer 2 Scaling Solutions On The Horizon?

Over the past 90 days, TRON has generated a remarkable $567 million in fees, surpassing major blockchain competitors. TRON’s fee revenue is more than double that of Ethereum ($253 million), five times higher than Solana ($105 million), and nine times greater than Bitcoin ($57 million). This significant lead underscores TRON’s […]

Market Analysis

TRON PRICE ANALYSIS & PREDICTION (September 17) – TRX Signals Fresh Buy After A Short Retracement, Is $0.2 Next Target? 

As several altcoins rolled back to their yearly low in this bearish phase, TRX’s price remained strong monthly and continued to maintain bullish. However, it went through a short retracement but is now set for an increase. Tron’s performance has been remarkable over the past year and a half as […]

Crypto, News

TRON Monthly Report: August 2024 Sees Significant Growth In Fees, Revenue, And Market Activity

TRON has reported a strong performance for August 2024, with positive growth recorded across multiple metrics, including fees, revenue, and total earnings. The platform’s Total Value Locked (TVL) remained stable above the $8 billion mark, while USDT continues to dominate TRON’s stablecoin market cap, accounting for approximately 99% at $58.5 […]

Market Analysis

TRON PRICE ANALYSIS & PREDICTION (September 6) – TRX Undergoes Retracement Amid Falling Market, Bullish Trajectory Remains Intact

TRX is now undergoing a retracement after posting an impressive gain last month. However, it may resume buying as its overall market outlook remains bullish monthly following a 200% increase in the past year. Tron’s bullish trajectory has remained technically valid from a long-term scale despite past months of bearish […]

Crypto, News

TRON Network Sees Surge In Activity, Leading Blockchain Revenue In August

In August, the TRON network demonstrated significant growth, processing nearly 230 million transactions, marking a 7.8% increase from July. This surge underscores the ongoing momentum in TRON’s network activity as it continues to expand its footprint in the blockchain space. The @trondao network processed nearly 230 million transactions in August, […]