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DeFi activities have picked up on several networks after increased stablecoin supply. TRON has become a major USDT hub with record volumes in the last four years.
The world's largest stablecoin issuer, Tether, minted an additional $1 billion worth of USDT on the Tron network in the past 11 hours. At the same time, Circle also minted another 250M USDC on the Solana network.
Tron (TRX), a well-known cryptocurrency in the decentralized finance (DeFi) space, has caught the attention of investors and market analysts. As the token continues to gain traction, many are eager to understand where it might be headed in the long term.
SunPump transaction spikes could precede volatility, despite indicating strong market activity.
The price of TRON (TRX) has halted its upward correction as buyers were unable to sustain the price above the moving average lines.
Decenralized USD (USDD), a stablecoin introduced by Tron's Justin Sun in 2022, approaches the $200 million milestone in net staking volume. The asset also targets the top 100 cryptocurrencies by market cap and already challenges some stablecoin heavyweights.
TRON (TRX) has emerged as a key contender in the cryptocurrency market, with its latest breakout sparking speculation about a potential long-term rally. The token recently breached a crucial resistance level, indicating a shift in momentum that could fuel a sustained bullish run.
The Arbitrum One blockchain will provide the core infrastructure for USDT0, the new, interoperable Tether stablecoin. The blockchain will host the Legacy Mesh solution to connect USDT deployments on Arbitrum, Ethereum, Tron and Ton to a unified USDT0 network.
A sharp rise in stablecoin supply across major blockchain networks has been recorded over the past week. Market sentiment is signaling heightened liquidity and trading activity.
Pi coin price remains in a bear market after falling by over 50% from its November highs. This retreat is likely because of the ongoing altcoin crash, and the ongoing open network launch jitters.
Tron's evolution from a USDT-dominant network to a budding DeFi hub resulted in a significant increase in its transaction count and network fees.
USDT minting on the TRON blockchain has surged dramatically, pushing the total supply of the stablecoin close to a historic peak. However, despite this significant increase in USDT supply, TRON's native token, TRX, has shown only modest growth, and its price remains largely unaffected by the surge in stablecoin minting.
Tron, the outsider no one expected, overshadowed Bitcoin in 2024, riding a tsunami of stablecoins and memecoins, turning the blockchain into a true transaction fair.
Tron is on fire this year, beating even Bitcoin in price performance. Yes, you read that right.
USDT minting on TRON has surged, but the asset hasn't quite responded very quickly.
The remarkable change the TRON blockchain is going through confirms its strong presence in the cryptocurrency scene. Driven mostly by stablecoin transactions and a growing memecoin industry, recent data exposes a solid increase in network activity.
The influence of memecoin on the Tron network
TRON (TRX), currently the 10th-largest cryptocurrency by market capitalization, has been gaining attention for its role in the rapidly growing decentralized finance (DeFi) space. With its price trading at $0.232, it remains 47% below its all-time high of $0.4407.
Tether is continuing to expand its stablecoin supply by minting $1 billion batches of USDT on the TRON blockchain. The move is a sign of Tether's commitment to bolstering liquidity across chains, while also highlighting the rapid expansion of TRON's DeFi ecosystem.
The balance of Tether's stablecoin, the largest in the world by market share, has surged to near all-time highs on the Tron network.
Tron, the crypto project founded by Justin Sun, remains in a bear market after falling more than 40% from its highest level in 2024. Tron (TRX) price dropped to $0.
The price of TRON (TRX) fell to $0.198 before rebounding on February 3. The cryptocurrency has resumed its uptrend after recovering above the $0.22 support.
The cryptocurrency market continued its volatile trajectory on Friday, with most major coins trading sluggishly. Bitcoin (BTC) remained subdued at the $97K level, while Ethereum (ETH), XRP, and Solana (SOL) experienced sharper declines. The global cryptocurrency market capitalisation stands at $3.15 trillion, reflecting a 1.06% decline over the past 24 hours.
The crypto market on Friday continued keeping investors on their toes, with coins mainly trading sluggishly. Bitcoin (BTC) price showcased a trading session at the $97K level, whereas Ethereum (ETH), XRP, and Solana (SOL) reflected a similar volatile trajectory.
