Following a recent monthly bounce, which brought the bulls back after a short break, TRX advanced higher this week with another 10% gains. It appeared strongly bullish, looking set for a bigger price movement. Recent data from Token Terminal has shown that Tron’s protocol revenue has outperformed Ethereum’s by 50%. […]
Tag: Tron
Sun.io Launches Meme Coin Platform, Sparks Explosive Gains
Sun.io, the DeFi protocol associated with Tron founder Justin Sun, has unveiled a new platform called SunPumpMeme. This initiative allows users to create their own meme coins on the Tron blockchain, further expanding the realm of decentralized finance. 🚀 Just In: The DeFi protocol https://t.co/0LOPXaqZgS, linked with Tron founder @justinsuntron, […]
TRX Dependency: A Barrier To Entry On The Tron Network?
Getting started on the Tron network can be a daunting task for new users, primarily due to the requirement of TRX tokens to pay for gas fees and activate new accounts. This necessity adds a layer of complexity and cost that might deter those unfamiliar with blockchain technology from diving […]
TRON PRICE ANALYSIS & PREDICTION (August 12) – TRX Resumes Bullish After Reaccumulating, Where Is It Heading Next?
Today, most altcoins across the crypto market appear calmer after charting a significant gain in the past few days. Mid-cap token like Tron is waxing stronger with no signs of slowing down at the moment. The remaining half of July saw TRX through a notable reduction after crossing over into […]
TRON PRICE ANALYSIS & PREDICTION (July 25) – TRX Resumes Buying After Short Retracement, Bigger Surge Ahead
Tron is showing signs of strength again after undergoing a short retracement. While most altcoins are seriously down today, it is trading in the top gainers spot following a 2% increase in the last 24 hours. After almost reclaiming this year’s high, TRX saw a rejection at $0.143 and entered […]
TRON PRICE ANALYSIS & PREDICTION (July 21) – TRX Pulls Back, Finding A Solid Ground To Resume Bullish Trajectory
This week saw Tron through a slight pullback after witnessing a full recovery near the yearly high. The price may appear weak at press time, but its bullish trajectory is still looking intact on the macro level. TRX has seen substantial growth since the price picked up from the $0.11 […]
Trondao Partners With OMNIA Protocol To Enhance TRON Network’s Cross-Chain Communication
Trondao, a community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced its support from OMNIA Protocol. This collaboration enables users to generate secure TRON Network RPC endpoints, significantly enhancing cross-chain communication. BREAKING🗞️@trondao – a community-governed DAO dedicated to accelerating the […]
Tether Dominates Stablecoin Market As TRON Emerges As Key Infrastructure For USDT Transfers
Tether ($USDT) continues to reign supreme in the stablecoin market, with its market capitalization soaring to $112.5 billion in July 2024, up from $66.6 billion in January 2023. This remarkable growth highlights Tether’s sustained dominance in the sector. The stablecoin landscape has seen new entrants such as $PYUSD and $FDUSD, […]
TRON Network Experiences Surge In Transactions And Profit Amid Market Challenges
Since the beginning of 2024, the TRON network has seen a significant increase in transaction volume, processing an impressive average of 6.75 million transactions per day. This upward trend underscores TRON’s growing influence and utility in the blockchain ecosystem. The number of transactions on the @trondao network has been trending […]
TRON PRICE ANALYSIS & PREDICTION (July 2) – TRX Looks Poise For Huge Gains Following This Resistance Breakout
Since the price bounced back in late May, Tron has posted an impressive gain and continued to recover daily. It just broke a key resistance level with no signs of slowing down yet. It is now aiming for February high. When most altcoins were undergoing a serious dip during last […]
USDT On Tron Surpasses Visa’s Average Daily Trading Volume, Highlighting Cryptocurrency’s Growing Influence
The 24-hour trading volume of USDT (Tether) issued on the Tron network has reached an impressive $53.031 billion, surpassing the average daily trading volume of Visa. In the first quarter of 2024, Visa reported a total trading volume of $3.7 trillion, with an average daily volume of $42 billion. The […]
TRON PRICE ANALYSIS & PREDICTION (June 11) – TRX Forms New Bullish Pattern Despite Market Drawdown, Up 5% Weekly
Against the latest market trends, TRX is up and strong on the daily chart following a consistent increase since last weekend. If trading volume increases, we can expect it to gain more traction in the next few days. Tron went through ups and downs in the past months but has […]
TRON PRICE ANALYSIS & PREDICTION (May 9) – TRX Is Breaking Out Of An Inverse Head and Shoulder Pattern, Poises For A Big Move
Tron TRX has recovered significantly from the recent dip and is now displaying signs of strength. While looking strong, it is set to reclaim its previous high following a reverse bullish formation on the daily chart. While painting bearish scenarios for two months, TRX reaccumulated along the way down and […]
TRON PRICE ANALYSIS & PREDICTION (April 10) – TRX Is Up 4% Weekly As It Signals New Buy Setups
After witnessing a deeper correction throughout last month, Tron TRX found a solid ground level and increased slightly. The price appeared strong this month as it created another bullish setup on the daily timeframe. Going back to where TRX started to increase in 2023, the price has seen nice growth […]
TRON PRICE ANALYSIS & PREDICTION (March 13) – TRX Undergoes Retracement: Targets This Key Trendline For Rebound
Amidst the latest increase across the crypto space, Tron TRX took a bow and continued to retrace downward on the daily chart. It currently appears weak but the trend remains bullish from a long-term perspective. TRX has been on the rise for almost a year and a half, recording back-to-back […]
TRON Network Surpasses 95 Million Addresses: A Sign Of Growth
The TRON network has achieved a remarkable milestone, surpassing 95 million addresses. This figure is particularly noteworthy when compared to other layer 1 networks like Cardano and Avalanche, which have fewer than 10 million addresses each. There are more than 95 million TRON network addresses! Quite an impressive number, considering […]
TRON PRICE ANALYSIS & PREDICTION (February 8) – TRX Continues To Increase Daily As Price Doubled In A Year
While Tron ecosystem has attracted a lot of volumes in the past months, its price increased exponentially with over 100% gain in the past year. It is trending highly bullish this month following a recent breakout. The continuous increase in TRX’s price has gained a lot of traction amongst traders […]
TRON PRICE ANALYSIS & PREDICTION (January 30) – TRX Sets For Big Price Movement But Facing Resistance
After breaking out of an ascending triangle this month, TRX rolled back into it and found a solid ground. It regained strength last week and bounced back but is yet to break out of its previous resistance. Last week saw TRX through a small drop but later resurged back to […]