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Tron's native cryptocurrency, TRX, has enjoyed a strong bullish run throughout 2024, making impressive gains in the process. However, recent analysis points to a possible pullback, as indicators suggest that the cryptocurrency may be reaching a local top.
The founder of the Tron (TRX) blockchain is making headlines for eating a famously controversial piece of art. After winning Italian artist Maurizio Cattelan's art piece “Comedian” last week in a Sotheby's art auction for $6.
Donald Trump's crypto experiment, World Liberty Financial (WLFI), was on the verge of a spectacular collapse. Despite weeks of relentless promotion by the president-elect and his sons, the venture failed to capture the interest of the community the way they wanted it to.
This audacious marketing act generated significant media buzz for Justin Sun and his blockchain platform, Tron. The post Tron Founder Justin Sun Eats $6.2 Million Banana Artwork, Calls It “Really Quite Good” appeared first on Cryptonews.
Data shows the Tron Sharpe Ratio has observed a rapid increase into a territory that has proven to be bearish for TRX's value in the past.
180-day Sharpe ratio signals potential local top for TRX. We explore the state of demand and sell pressure in the spot and derivatives segments.
TRON (TRX) blockchain founder Justin Sun is now an advisor to World Liberty Financial (WLFI), the decentralized finance (DeFi) crypto project backed by US President-elect Donald Trump. In a post on social media platform X, WLFI says Sun's qualifications will enable him to make significant contributions to the development of the platform.
Tron (TRX) has established itself as one of the top cryptocurrencies, currently ranking 9th by market capitalization. With its native blockchain designed to power decentralized applications (dApps) and the second-largest decentralized finance (DeFi) ecosystem, Tron has become a key player in the crypto space.
Bitcoin (BTC) recovered from a low of $91,400 late on Wednesday to climb back above $95,000. However, the cryptocurrency faces considerable downward pressure after failing to climb above $100,000.
The altcoin market corrects after a 55% November rally, but XRP, Stellar, and TRON hold bullish setups targeting $2, $0.63, and $0.40, respectively.
The founder of TRON (TRX) blockchain, Justin Sun, is announcing a multi-million dollar investment in World Liberty Financial, a decentralized finance (DeFi) crypto project backed by US President-elect Donald Trump. Sun says that TRON blockchain's decentralized autonomous organization, TRON DAO, is investing $30 million in World Liberty Financial.
An Ethereum (ETH) competitor has captured a massive share of USDT stablecoin transactions, according to the chief executive of the analytics firm CryptoQuant. Ki Young Ju says on the social media platform X that the value of the USDT hosted on Tron (TRX) is now more than three times the layer-1 blockchain's market cap.
Donald Trump's crypto platform, World Liberty Financial (WLFI), just locked in a high-profile partnership by bringing Justin Sun onboard as an Advisor. The founder of TRON and one of blockchain's most talked-about figures, Sun has also invested $30 million into the platform, making him WLFI's largest backer.
Justin Sun has announced a $30 million token purchase in Trump-backed World Liberty Financial.
The move comes after Justin Sun, the founder of Tron, invested $30 million in the Trump-connected blockchain project.
Ethereum has overtaken Tron as the leading blockchain for Tether (USDT) dominance.
TL;DR Justin Sun, founder of Tron, invested $30 million in World Liberty Financial (WLFI), becoming the main investor in the project associated with Donald Trump. The partnership with Tron could provide WLFI with a robust infrastructure, boosting its global adoption and positioning it in the crypto market.
For the first time since August 2022, Ethereum (ETH) hosts a bigger U.S. Dollar Tether (USDT) supply than Tron (TRX). Meanwhile, the aggregated cap of USD-pegged stablecoins targets an all-time high over $200 billion.
TRON founder Justin Sun's $30 million investment in Trump-backed World Liberty Financial has revived the struggling DeFi project, pushing total token sales to $51 million and triggering a $15 million payout to Trump-affiliated entities.
Shiba Inu's ecosystem shows strong growth potential as lead developer Shytoshi Kusama acknowledges TRON's success model, while SHIB posts 48% monthly gains and Shibarium reaches new TVL highs.
Justin Sun, founder of the Tron blockchain, made headlines with a significant investment in Donald Trump's crypto project.
Shiba Inu lead developer Shytoshi Kusama lauded TRON's Justin Sun on Tuesday over the blockchain's recent milestone achievement. The lead developer primarily highlighted TRX's product-market fit (PMF) in stablecoin use cases, underscoring the network's pioneering stance as a decentralized, fast, and affordable solution.
Ethereum has reclaimed its position as the leading blockchain for Tether (USDT), surpassing Tron with a supply of $60.3 billion. The post Ethereum Surpasses Tron as Top Blockchain for Tether with $60.3 Billion USDT Supply appeared first on Cryptonews.
Tron approaches key resistance near pattern—will bulls sustain momentum, or is a pullback on the horizon?
