Latest News

Tron (TRX) maintains stability above $0.1560 despite market declines, outperforming major cryptocurrencies and showing potential for further growth.

Tron price is holding gains above the $0.1560 zone against the US Dollar. TRX is outperforming Bitcoin and could start a fresh increase above $0.1600.

TRX's Long/Short Ratio currently stands at 2.22, the highest since late September 2024.

"The trading of token(s) on the aforementioned network will not be impacted," the exchange assured.

FTM, TRX, and APT show gains, while analysts project a long-term bullish outlook for BTC.

After recording an impeccable price action during August, the Tron (TRX) price has displayed a cool-off phase in its price action. Moreover, with its YTD return of +48.37%, it has claimed the spot of one of the best-performing Layer-1 projects of this year.

TRON (TRX) price is experiencing a notable upswing, ranking among the top market gainers despite ongoing market corrections. The bullish trend has sparked speculation about a potential climb to new all-time highs.

TRON is an ambitious project dedicated to the establishment of a truly decentralized Internet and its infrastructure. The TRON Protocol, one of the largest blockchain-based operating systems in the world, offers public blockchain support of high throughput, high scalability, and high availability for all Decentralized Applications (DApps) in the TRON ecosystem.

TRX might continue trading within a range-bound market if there is no significant change in volumes.

Tron founder Justin Sun rescued American singer, songwriter, and record producer Ty Dolla Sign from losing his Sundog (SUNDOG) meme coin bag.

Rapper Ty Dolla $ign mistakenly burned $500,000 worth of SUNDOG tokens, only to be rescued by TRON founder Justin Sun. The incident began when Ty Dolla $ign expressed curiosity about meme coins on X.

The rapper's move followed light-hearted banter on Twitter American professional boxer Ryan Garcia, who encouraged him to “bet on Sundog.”

TRON (TRX) is now trading in a narrow range of $0.145 to $0.16. The price movement is limited to the current range as it has retraced above the moving average lines.

TRON (TRX) stands out as a significant player with its robust decentralized platform. Currently priced at approximately $0.157, TRX has captured the attention of both investors and enthusiasts, especially as it ranks as the 9th largest altcoin by market capitalization, boasting a value of around $13.61 billion.

Tron (TRX) is making waves with its unexpected bullish performance. While major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) are struggling to maintain their positions, TRX has emerged as a beacon of optimism.

The Tron network (TRX) has just made a significant impact in the crypto ecosystem. In the third quarter of 2024, the blockchain founded by Justin Sun generated record revenues, even surpassing the giants Bitcoin and Ether.

The Tron Network reported an impressive revenue of $577 million for the third quarter, outperforming major blockchains such as Bitcoin and Ethereum.

Tron's rise as a stablecoin leader highlights the growing importance of stablecoins in global finance, especially in volatile economies. The post Tron emerges as stablecoin powerhouse, outpaces Bitcoin, Ethereum, and Solana with $566 million in Q3 revenue appeared first on Crypto Briefing.

In this current bearish market sentiment, Tron (TRX) appears bullish and is poised for a significant rally in the coming days. On October 4, 2024, while major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) were struggling to gain momentum, TRX successfully confirmed its bullish breakout.

The Fibonacci extension level at $0.2 and the 100% extension at $0.223 would be the next long-term bullish targets.

JustLend received several deposits in the span of an hour, boosting the lending protocol's TRX holdings. The whale wallets remain anonymous, but follow recent deposits and withdrawals by Justin Sun, founder of TRON.

Tron price is one of the few crypto assets that are up during the current market turmoil. The coin has gained 0.2% in the last 24 hours and is trading at $0.1539.

Justin Sun's Tron token is in a tight range as the ongoing crypto sell-off continues, with Bitcoin falling below $60,000. Tron (TRX) was trading at $0.1542, just a few points below its highest level this week.

TL;DR Tron's Q3 Revenue Soars: Tron reported $566 million in revenue for Q3 2024, a 43% increase from the previous quarter, surpassing Ethereum and Bitcoin. Key Growth Drivers: Strategic upgrades, token-agnostic gas payments, and deflationary tokenomics have significantly boosted Tron's appeal and revenue.