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Abra, the digital assets and wealth management platform, purchased Tron (TRX) and Zilliqa (ZIL) among other private crypto trusts from Valkyrie Investments. Bloomberg reported on Friday that Abra acquired the private trusts just before its settlement with 25 U.S.
Tron Founder Justin Sun has triggered a conversation on X in what appears he is mulling buying the social media platform's rival. Justin Sun is one of the most prolific investors in the market with a record of buying viable startups in the past.
Justin Sun, the founder of the Tron blockchain has reaffirmed his unwavering commitment to the ongoing development of the Tron blockchain network, following a significant legal victory in the People's Court of China against the Chongqing Business Media Group, which had previously accused him of fraudulent activities.
A well-known figure in the crypto industry, Justin Sun, founder of TRON (TRX) and chief adviser to Huobi, opened up in an unusual post on social networks. In particular, he responded to rumors regarding his Bitcoin investments.
Justin Sun, the founder of Tron, a decentralized blockchain-based operating system, has found himself joining the Spot Ethereum ETFs FOMO with a new $5 million investment in Ethereum (ETH), the world's second-largest cryptocurrency. Tron Founder Buys $5 Million Worth Of ETH In an X (formerly Twitter) post on July 11, Spot On Chain, an AI-driven on-chain analytics platform, uncovered a new Ethereum transaction allegedly executed by Sun.
In the last 30 days, TRON (TRX) has experienced tremendous growth. The token's price went up by 14%.
TRON (TRX) is set to embark on several key initiatives aimed at enhancing its ecosystem and user experience.
Justin Sun is just one of many whales accumulating Ether ahead of the potential Ethereum spot ETF approval in the coming days.
Tron (TRX) reached its highest level in five months following Justin Sun's announcement of a “gasless stablecoin” launch in Q4 2024, though technical indicators suggest an imminent price correction.
TRON stood out as one of the few cryptocurrencies to show massive growth throughout June and maintain stability during the early July sell-off. However, it has jumped by more than 14% from its lowest point of $0.11 in April to a peak of $0.134.
Tron (TRX) has recently emerged as a beacon of stability and growth amidst widespread market volatility. While major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have experienced significant declines, TRX has demonstrated resilience and even potential for a bullish rally.
TRON (TRX) has recently emerged as a frontrunner, showcasing resilience and substantial growth amid volatile market conditions. As TRX trades at $0.125, the cryptocurrency community is closely watching its trajectory amidst notable on-chain activity and strategic market movements.
Tron performed better than other top coins, as Tron's weekly and daily charts remained green while buying pressure increased.
Justin Sun's new initiative aims to revolutionize Tron's transactions, driving mass adoption and cost efficiency.
In an exciting development, Tron founder Justin Sun has unveiled plans to introduce a game-changing stablecoin solution to make peer-to-peer transfers free. This initiative seeks to tackle one of the most significant barriers to blockchain usability — the exorbitant gas fees that have been a continuous thorn in the side for everyday users.
TRON Price Analysis: On Monday, the cryptocurrency market witnessed an uptick in demand pressure as Bitcoin jumped 4% to hit $58200. The altcoin market was quick to follow this momentum as most of the major altcoins including TRON sought strong support.
Tron (TRX) has demonstrated significant strides in enhancing its footprint within the block chain ecosystem over the past month. Key performance metrics under score Tron's growing adoption and market relevance, despite challenges encountered in the decentralized finance (DeFi) sector.
Justin Sun has announced that developers are now working on a stablecoin transfer solution that can function without gas fees on the TRON (TRX) network. The crypto billionaire says the new service is set to roll out later this year, initially on TRON before expanding to Ethereum (ETH) and other EVM-compatible chains.
Tron has retreated to $0.125 on Monday, down by almost 5% from its highest level last week, bringing its market cap to $10.3 billion. While Tron has fallen recently, it has outperformed other cryptocurrencies.
As the global cryptocurrency market struggles to recover with Bitcoin price making the same effort, investors are watching for potential opportunities. Tron (TRX), has captured the market attention with its decentralized blockchain-based operating system.
The Tron network has triumphed over other major web3 chains, led by Ethereum, due to its low fees, robust security standards, and transaction scalability.
Bitcoin (BTC) continued to drop over the weekend despite a sharp bounce on Saturday, which saw the cryptocurrency climb back above $58,000. However, selling pressure pushed the price back down, with BTC trading around the $55,600 mark.
This approach enables fee-free transfers covered entirely by stablecoins, eliminating the need for gas tokens. This advancement aims to streamline transactions, especially for those deterred by high gas fees on current platforms.
Tron founder Justin Sun has announced plans to launch a gas-free stablecoin on Tron by the end of 2024, with later expansion to Ethereum and other EVM-compatible chains
