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Most of the market remains completely flat in the past 24 hours, but TRX is pumping ahead.

Cryptocurrency prices had a mixed performance this week as investors waited for more news and catalysts. Bitcoin and Ethereum moved slightly below $30,000 and $1,900, respectively. At the same time, some coins like Chainlink, Tron, and XDC Network made a bullish breakout.

Crypto analyst ErgoBTC suggests 60k TRC20 BTC and 60k TRC20 ETH tokens on Justin Sun's Tron network, currently in JustLend protocol, appear unbacked, implying a $1.8B non-existent TVL.

In the thrilling world of cryptocurrencies, a captivating narrative has emerged, bringing both promise and speculation to the forefront. Tether (USDT), a popular stablecoin, has been making waves on the Tron blockchain, particularly in Latin America, indicating a financial turning point.

Tron (TRX) is on the rise today, as bulls regain control of the market. The cryptocurrency is currently trading at $0.0808, up 1.36% in the past 24 hours.

Crypto analyst Adam Cochran recently caused a stir in the cryptocurrency community when he called attention to a series of TrueUSD (TUSD) transactions made by Tron founder Justin Sun. Cochran highlighted a series of transactions made by Sun's address on the Tron blockchain, including minting $62 million worth of TUSD, withdrawing $50 million in USDT from Huobi, and depositing $50 million in USDT on Bitfinex.

Cryptocurrency analysts of Coinidol.com report, the price of TRON (TRX) is steadily rising and approaching the $0.085 resistance level. Buyers hope to retest or break the $0.085 resistance level.

Tron price started a fresh increase from the $0.0750 level against the US Dollar. TRX price is now trading above $0.0765 and the 55 simple moving average (4 hours).

Tron was way ahead of Ethereum in terms of daily transactions with over 5 million transactions. Ethereum trailed behind with just over 1 million transactions.

Blockchain technology company Archblock is suing Tron (CRYPTO: TRX) founder Justin Sun for allegedly acquiring TrueUSD (CRYPTO: TUSD) through questionable methods. There were rumors that Sun secretly owned the stablecoin project.

In a lawsuit that has recently been filed, the founder of Archblock has made explosive claims against Justin Sun, the founder of TRON, accusing him of secretly acquiring significant quantities of the stablecoin TrueUSD (TUSD).

Tron Dao's recent tweet highlighted all the notable developments that happened in its ecosystem over the last seven days. However, despite these positives, TRX's price action was not at par.

TRX could face another price rejection at the bearish OB on H12.

In the dynamic world of cryptocurrencies, TRON stands out as a resilient digital asset, showcasing steady growth and attracting attention from investors and enthusiasts alike. Over the past 24 hours, TRON has experienced a minor 0.15% price drop, currently valued at $0.081217.

Tron saw some exciting movement in the market as its TVL managed to surpass every other blockchain other than Ethereum. Additionally, thanks to the SEC-Ripple decision TRX witnessed a significant boost on 13 July.

The rates of most of the coins have blasted, according to the CoinMarketCap ranking.

Bitcoin and crypto are braced for $30 trillion worth of capital hitting the market if any one of the recent flurry of U.S. spot bitcoin exchange-traded fund (ETF) filings are approved by the U.S.

Outperforming Ethereum is something common with Tron. But last month's performance showed that the blockchain's bullish H1 was not a fluke.

Compared to Bitcoin (BTC), Ethereum (ETH) has delivered a relatively flat price performance over the past month. On-chain data reveals Ethereum (ETH) has been losing traction to alternative Layer-1 (L1) networks like TRON (TRX) and BNB Chain.

"This matters because financial advisors manage about $30 trillion in assets. This would open up all that money. Even 1% or 2% of $30 trillion is a lot of money.

the total amount of committed stUSDT, TRON's first RWA product, exceeded 200 million USDT.

Tron (TRX), the native cryptocurrency of the TRON Network, has emerged as a prominent player in the blockchain space, with its focus on revolutionizing data sharing and content entertainment through decentralized technology. However, like many cryptocurrencies, TRX has experienced volatility and faced challenges in the ever-evolving cryptocurrency market.

Tron traders are emboldened after the move to $0.08. The price action tells a bullish story as further gains look likely.

USDT deployment on Tron is good news for the network. However, looking at the current state of TRX, it could be seen that profit taking could hinder TRX's attempts at a rally.