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TRONSCAN recently highlighted Tron's achievement in surpassing 245 million total addresses, a testament to the blockchain's widespread adoption and usage across global markets. This milestone underscores Tron's robust network activity, supported by sustained daily transactions and strong performance metrics in the DeFi sector.
Avalanche (AVAX) has just edged out Tron (TRX) in the ranking as the market lights up after a sudden recovery came on Sunday evening. At the time of writing, Avalanche is changing hands for $31.94, up by 10.91% in the past 24 hours.
Tron's total accounts reached a new milestone, but its price action didn't correspond accordingly.
Here is how some of your favorite assets concluded the week.
Tron's (TRX) price made splashes during the second week of July as it shot up but lost momentum soon after.
TRON (TRX) is in a slight retracement above the 21-day SMA support after hitting a high of $0.14 earlier.
Bitcoin (BTC) has recorded strong inflows into its spot Bitcoin ETFs, suggesting that the sentiment may have turned positive, and traders are purchasing the asset aggressively, with the cryptocurrency also conquering crucial overhead resistance levels.
Tether Treasury has recently minted 1 billion USDT on the Tron Network, marking another milestone in its year-long pattern of large-scale stable coin issuance. This latest event, occurring approximately ten hours ago, follows a similar minting just 30 days earlier and adds to the 31 billion USDT injected into the market over the past year.
Tether's recent minting of 1 billion USDT on the Tron blockchain suggests potential market shifts on the horizon.
TRON USDT marked a milestone by $60 billion issuance. Tether and Bitfinex face new lawsuit over market manipulation allegations.
On Tuesday, the cryptocurrency market witnessed a slight downtick following a robust recovery over the weekend. The Bitcoin price plunged over 3% to hit $62700 after the defunct Mt.
Tether, the issuer of the largest dollar stablecoin, minted another $1 billion USDT on Tron (TRX). These tokens are not yet circulating and, thus, not fully backed by the company's reserves.
Renowned crypto advocate and Tron DAO founder, Justin Sun, recently outlined the strategic priorities for the Tron ecosystem in the coming quarters amidst growing optimism within the community.
Stablecoin issuer Tether has frozen the USDT held by a Tron (TRX) network address linked to an online bazaar reportedly used by scam operators in Southeast Asia. Blockchain data analysis firm Bitrace says it has confirmed that the wallet holding over 29.
Famous crypto enthusiast and founder of Tron DAO, Justin Sun has revealed the main focus for the Tron ecosystem for the third and fourth quarters of the year in the midst of recent heightened optimism witnessed around the ecosystem.
Ethereum price has staged a strong comeback in the past few days, helped by the strong Bitcoin rebound. The ETH token has risen for four straight days and has moved to its highest point since July 3rd.
Elon Musk and Justin Sun have endorsed Donald Trump following a recent assassination attempt. This endorsement from Tesla and Tron leaders emphasizes the significant role of cryptocurrency in political spheres.
The price of TRON (TRX) has continued to rise after breaking above the $0.127 resistance. The positive trend has continued and has reached its all-time high of $0.1418.
According to a recent report, the cryptocurrency company Abra has acquired a collection of digital currency trusts from Valkyrie Investments. The transaction, which includes Valkyrie's Tron and Zilliqa trusts, was reportedly concluded before Abra reached a settlement with state regulators.
Ethereum leads the stablecoin market with an $85 billion supply, underscoring its critical role in decentralized finance (DeFi).
Justin Sun shares an ambitious plan for the Tron ecosystem in the upcoming months.
When it comes to investment in profitable startups, Elon Musk is one of the top entrepreneurs at the apex of the food chain. However, Justin Sun, the founder of Tron, appears to be playing catch up as he has resolved to follow the Tesla CEO's playbook to the letter.
TRON, the blockchain platform known for its robust transaction capabilities and growing ecosystem, has recently witnessed significant milestones in both transaction volumes and market valuation. As of recent reports, TRON's daily transactions have soared to an average of 6.75 million, reflecting a substantial increase in user activity and network utilization.
TRON founder Justin Sun has recently unveiled the platform's strategic roadmap for the latter half of 2024. Following a robust performance in the second quarter, TRON is poised to capitalize on its momentum with a series of ambitious initiatives aimed at enhancing user experience, expanding market share, and strengthening its talent pool.
