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 […]
Tag: Tron
Tron Ecosystem Sees Steady Growth With Over 111 Million $TRX Holders
The Tron ecosystem continues its steady expansion, with the number of unique $TRX holders reaching an impressive 111,111,065 as of August 26, 2024. This growing number of holders reflects increasing adoption and rising interest in Tron’s blockchain network. Along with $TRX, other tokens in the ecosystem like $BTT, $JST, and […]
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 […]
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, […]
Justin Sun’s Secret Wallet? Analysts Uncover Mysterious $SUN Holder
A cryptic address, potentially linked to Justin Sun or the TRON Foundation, has been making waves in the $SUN market. This “smart money” player built a significant position in $SUN three years ago, sparking curiosity among analysts. After digging through transactions, researchers at Arkham identified over 20 addresses connected to […]
TRON Surges As Top Trending Crypto Asset Following SunPump Launch
TRON has emerged as the leading trending asset in the cryptocurrency market, driven by a significant price pump. Since the debut of SunPump, the project’s new memecoin deployer, on August 12th, the network has seen the launch of over 7,000 new tokens, with TRX’s market value climbing by 22%, peaking […]
TRON PRICE ANALYSIS & PREDICTION (August 21) – TRX Explodes Massively Near All-Time High, Signals Major Shift
In a fresh surge, Tron’s price broke out to a multi-year high following a significant increase in demand this week. The price has increased by over 27% in the last 24 hours, and it looks bullish on the weekly chart. TRX bounced off the $0.116 level three weeks ago after […]
TRON PRICE ANALYSIS & PREDICTION (August 18) – TRX Sets For A Big Explosion Following Recent Monthly Bounce
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%. […]
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 […]