Tag: trx

Crypto, News

SunSwap Sees Renewed Activity As TRON-Based Meme Coins Gain Momentum

SunSwap, TRON’s decentralized trading protocol, is experiencing a resurgence in transaction activity. The platform first captured significant attention earlier this year, peaking in August 2024 with over 500,000 daily transactions. During that period, Wrapped TRX (WTRX) accounted for more than 250,000 transactions on several days. Recent activity suggests SunSwap is […]

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, […]