Ethereum beats Tron in Tether market share: What drove this change?
Ethereum has overtaken Tron as the leading blockchain for Tether (USDT) dominance.
Keep up with what's happening in the crypto world in real-time.
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?
The controversial crypto founder has labeled his efforts as geared towards driving innovation in the U.S.
Justin Sun, the founder of the TRON blockchain, has made a $30 million investment in World Liberty Financial (WLFI), a decentralized finance (DeFi) project backed by President-elect Donald Trump. The purchase was completed through a wallet linked to Sun's HTX exchange, formerly known as Huobi, and comes as WLFI struggled with slow initial token sales.
Justin Sun, the founder of Tron, has stirred excitement with a $30 million investment in World Liberty Financial (WLF), a cryptocurrency initiative spearheaded by U.S. President-elect Donald Trump and his family.
Ethereum's enduring appeal for USDT issuance is also tied to its DeFi dominance and institutional adoption.
The Tron founder said the U.S. is becoming the hub for blockchain hub and bitcoin owes a debt to Donald Trump.
Tether issued an additional $3 billion in USDT tokens in November, with $2 billion minted on Ethereum and $1 billion on the Tron network.
Tether mints $3 billion in USDT, boosting crypto market liquidity and potentially signaling bullish momentum.
Tron (TRX) is enjoying a significant surge in the crypto markets right now. The 10th largest cryptocurrency by market capitalization posted a new 6-year high above $0.21 earlier today.
The price of TRON (TRX) has continued to rise, surpassing the historic milestone of $0.18 on April 12, 2021.
Tron Founder Justin Sun proves money can't buy taste - unless it's a $6.2 million banana.
TRON has broken key resistance levels, with technical indicators and liquidations supporting the bullish momentum.
Tron's (TRX) rally to $20 and higher is a question of "simple math," Justin Sun ironically commented on X. Meanwhile, the crypto is actually rocketing; the TRX price is one step away from its all-time high despite the altcoin season lagging.
Justin Sun, the founder of the TRON blockchain platform, recently made headlines with an unexpected acquisition—Maurizio Cattelan's infamous artwork "Comedian," which features a banana duct-taped to a wall.
Tron price continued its strong momentum this week and reached an all-time high, pushing its market cap to over $17 billion. Tron (TRX) surged to a record high of $0.
Tron price has gone parabolic, rising for two consecutive weeks and reaching its all-time high of $0.2067. It has soared by over 350% from its lowest point in 2022, bringing its market cap to over $17 billion, making it the eleventh-biggest cryptocurrency in the industry.