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When you think of the digital currency giants, Tether unmistakably dominates the conversation, especially with its recent decision to pump up the TRON network with a massive dose of USDT.
The cryptocurrencies and tokens held in the publicly-known wallets of Tron (TRX) founder Justin Sun have seen their value increase by over 50% over the last month.
Blockchain oversight platforms have identified a $1 billion approval in Tether's (CRYPTO: USDT) Treasury, aimed at enhancing short-term USDT liquidity on the Tron network. WhaleAlert, a blockchain monitoring service, spotlighted this massive authorization on microblogging platform X.
This means that the colossal sum injected into Tron's network is intended to serve as inventory for future period issuance requests and chain swaps.
Blockchain trackers flag $1 billion “authorised but not issued” USDT mint at Tether's Treasury, CTO Paolo Ardoino clarifies holdings will be used for ongoing TRON issuance requests and chain swaps.
In the ever-evolving world of cryptocurrency, discerning the next potential 100x movers requires a keen eye for innovation and market dynamics. Today, we shine a light on three intriguing contenders: NEO ($NEO), TRON ($TRX), and Domini.art ($DOMI).
Tron's pie of the total value locked on all blockchains went into double digits for the first time in history.
In a week marked by remarkable stability, Tron (TRX) has quietly but steadily ascended, with a noteworthy 5.8% increase in its weekly price. As of now, Tron is comfortably perched at $0.0833, showcasing a renewed bullish sentiment among investors.
Tron adoption was on the rise as both its total accounts and total transactions reached new highs. TRX was up by 6%, and a few indicators remained bullish.
The price action, momentum and sentiment in the TRON market were bullish, but will it be enough to break a 16-month resistance zone?
Justin Sun, Tron founder and Huobi board member, triggers upheaval through an immense TUSD minting spree.
Justin Sun, the founder of TRON, is making headlines for minting $815 million worth of TrueUSD (TUSD), despite the stablecoin experiencing limited adoption in the crypto industry.
The latest price analysis by Coinidol.com report, the price of TRON (TRX) has been moving in the uptrend zone since September 6.
Friend Tech, a relatively new player in the crypto space, has outperformed both Tron (TRX) and Ethereum (ETH) in terms of daily earnings, with an astonishing $1 million in profits. Friend Tech's Road to Success Chinese news media Wu Blockchain made the announcement in a recent post referencing data from Token Terminal.
In a remarkable turn of events, the cryptocurrency Tron (TRX) experienced a substantial surge in its value, reaching a multi-week high on Thursday. Reports have emerged, highlighting the blockchain's impressive achievement of nearly 5 million daily transactions.
Bitcoin rises past US$26,500. All other top 10 cryptos gain, except BNB.
Tron was a big mover on Thursday, as recent reports suggest that the blockchain platform has been processing an average of 4.8 million daily transactions. The token has now surged higher for three consecutive sessions, and looks set to collide with a key resistance level. Solana was also in the green today.
In a strategic move to elevate its global presence and better cater to its English-speaking user base, Huobi, the renowned cryptocurrency exchange, has embarked on a transformational journey by rebranding its international identity as HTX.
Tron (TRX), the blockchain platform founded by Justin Sun, has been showing a good performance for the most part of 2023. The project, which was launched just six years ago, recently registered an impressive surge in transaction activity, underscoring the increasing organic demand for the TRX cryptocurrency.
Tron's rapid growth over the last few years and especially in 2023 underscores more potential organic demand for the TRX cryptocurrency. It is thus no surprise that the cryptocurrency maintained an overall uptrend since November last year.
Concerns have been raised regarding the potential market impact of FTX's (CRYPTO: FTT) liquidations on certain cryptocurrencies, in an analysis by a crypto analytics firm. Messari's analysis highlights that while major cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) might be able to withstand the selling pressure, others like Dogecoin (CRYPTO: DOGE), Tron (CRYPTO: TRX), and Polygon (CRYPTO: MATIC) could face significant market turbulence.
Crypto exchange Huobi rebranded to HTX to celebrate its tenth anniversary, according to a Sept. 13 statement from the platform.
As Coinbase chief executive Brian Armstrong reveals the platform will integrate bitcoin's payment-focused lightning network, Mizuho analysts have warned an "unprecedented" decoupling could be about to cause crypto price chaos
Three altcoins could suffer price dips due to upcoming FTX liquidations, according to the crypto analytics firm Messari. Messari notes that FTX and Alameda hold $37 million worth of top meme asset Dogecoin (DOGE), $33 million worth of blockchain-based operating system Tron (TRX) and $22 million worth of the scaling solution Polygon (MATIC).
