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Tron founder Justin Sun recently announced the launch of USDD 2.0, an updated version of the algorithmic stablecoin, offering a 20% annual percentage yield (APY). Sun addressed inquiries about the yield's source, stating that it is entirely subsidized by the Tron DAO.
Justin Sun announced today that Tron will soon launch USDD 2.0, attempting to create a refreshed version of a former stablecoin.
The high-stakes battle over TikTok's future in the United States has taken an unexpected twist. Tron founder and crypto billionaire Justin Sun is also heavily hinting at buying the wildly popular video-sharing app, which is facing a government-mandated sale or a potential ban.
On Wednesday, Justin Sun, the founder of Tron, announced the imminent debut of USDD 2.0, highlighting that it will provide a 20% annual percentage yield (APY), with the entirety of the return “fully subsidized” by the Tron DAO. “All interest will be sent in advance to a transparent address,” Sun told his 3.
The stablecoin launched in 2022 as a competitor to Terra's now UST token. It is backed primarily by Tron's TRX native token
Tron founder and crypto billionaire Justin Sun has taken to his official account on the X social media platform (formerly known as Twitter) to hint that he could easily basically become a rival to Elon Musk in the crypto space by offering to acquire TikTok.
Hong Kong is using tokenized legal notices to target anonymous crypto wallets containing stolen assets.
Tron network has experienced significant growth has adoption SunPump and its memecoins surge.
Tron's price continued its strong downward trend, reaching its lowest level in over four weeks as founder Justin Sun urged investors to buy the dip. Tron (TRX) fell to a low of $0.
Despite broader bearish trends in the cryptocurrency market, Tron (TRX) has demonstrated resilience with notable growth in key metrics. Recent analysis from CryptoQuant contributors sheds light on Tron's expanding ecosystem and revenue surge, presenting a compelling case for its role in blockchain technology's ongoing evolution.
In 2024, Tron cemented its status as a formidable force within the cryptocurrency ecosystem, achieving a 119% uptick in daily onchain revenue since Jan. 1. This growth, attributed to increased gas fees and transaction activity, is supported by data from Cryptoquant and insights from community member Crazzyblockk.
The latest price analysis by Coinidol.com report, the price of TRON (TRX) has slipped below the moving average lines after previously hovering above them.
The cryptocurrency market took a quite painful dip in the last 24 hours, with liquidations topping $700 million, according to CoinGlass. This was one of the biggest liquidation events of 2025, but in the midst of all this, TRON founder Justin Sun offered some advice, telling people to be strong and think about what might happen in the future.
TRON is hovering above its critical 1-Year MA +2 Sigma level, where past price reversals occurred.
Tron price continued its strong downtrend this year, reaching a low of $0.2270, its lowest level since December 13. TRX has dropped by almost 50% from its highest level in 2024, bringing its market cap to over $19 billion.
After rising by over 3% in the past 24 hours, the SUI price has surpassed the popular altcoin, Avalanche, to secure the 11th position. As AVAX price displays weakness and Tron (TRX) price attracts marginal gains, SUI price has a huge opportunity to enter the top 10 cryptos.
The cryptocurrency market continues to attract investors with its dynamic growth and evolving opportunities. In this context, Finbold selected two cryptocurrencies with the potential to reach a $50 billion market cap in Q1 2025.
U.S. Dollar Tether (USDT), the largest stablecoin, sees its Tron-based version outpacing Ethereum's. Transaction count data says that TRC-20 USDT might be up to 10x as popular as its ERC-20 rival.
Bitcoin (BTC) dipped to its lowest level since November as its post-election rally lost steam. BTC fell to an intraday low of $91,314 before recovering to its current level of $93,311.
TRON outperforming ETH on two fronts alludes to the potential for its price action to surge.
Over the past six months, Tron blockchain generated fees totalling $1.36B to achieve a significant milestone, topping all Layer 1 blockchains. The achievement reflected Tron's increased market presence and user engagement within its ecosystem, indicating growing demand for its services.
Tron's price recently experienced a drawdown, struggling to reclaim the critical support level at $0.26. This level is vital for recovering the losses incurred during recent market volatility.
TRX price remained steady on Tuesday, Jan. 2, even as the Tron network continued to outperform Ethereum in revenue. Tron (TRX), the cryptocurrency founded by Justin Sun, was trading at $0.2691, slightly above its December low of $0.2237.
Cryptocurrency analysts of Coinidol.com report, the price of TRON (TRX) has been in a sideways trend since the price drop on December 9.
