DeFi activities have picked up on several networks after increased stablecoin supply. TRON has become a major USDT hub with record volumes in the last four years.
The world's largest stablecoin issuer, Tether, minted an additional $1 billion worth of USDT on the Tron network in the past 11 hours. At the same time, Circle also minted another 250M USDC on the Solana network.
Tron (TRX), a well-known cryptocurrency in the decentralized finance (DeFi) space, has caught the attention of investors and market analysts. As the token continues to gain traction, many are eager to understand where it might be headed in the long term.
The price of TRON (TRX) has halted its upward correction as buyers were unable to sustain the price above the moving average lines.
Decenralized USD (USDD), a stablecoin introduced by Tron's Justin Sun in 2022, approaches the $200 million milestone in net staking volume. The asset also targets the top 100 cryptocurrencies by market cap and already challenges some stablecoin heavyweights.
TRON (TRX) has emerged as a key contender in the cryptocurrency market, with its latest breakout sparking speculation about a potential long-term rally. The token recently breached a crucial resistance level, indicating a shift in momentum that could fuel a sustained bullish run.
The Arbitrum One blockchain will provide the core infrastructure for USDT0, the new, interoperable Tether stablecoin. The blockchain will host the Legacy Mesh solution to connect USDT deployments on Arbitrum, Ethereum, Tron and Ton to a unified USDT0 network.
A sharp rise in stablecoin supply across major blockchain networks has been recorded over the past week. Market sentiment is signaling heightened liquidity and trading activity.
Pi coin price remains in a bear market after falling by over 50% from its November highs. This retreat is likely because of the ongoing altcoin crash, and the ongoing open network launch jitters.
Tron's evolution from a USDT-dominant network to a budding DeFi hub resulted in a significant increase in its transaction count and network fees.
USDT minting on the TRON blockchain has surged dramatically, pushing the total supply of the stablecoin close to a historic peak. However, despite this significant increase in USDT supply, TRON's native token, TRX, has shown only modest growth, and its price remains largely unaffected by the surge in stablecoin minting.
Tron, the outsider no one expected, overshadowed Bitcoin in 2024, riding a tsunami of stablecoins and memecoins, turning the blockchain into a true transaction fair.
Tron is on fire this year, beating even Bitcoin in price performance. Yes, you read that right.
USDT minting on TRON has surged, but the asset hasn't quite responded very quickly.
The remarkable change the TRON blockchain is going through confirms its strong presence in the cryptocurrency scene. Driven mostly by stablecoin transactions and a growing memecoin industry, recent data exposes a solid increase in network activity.
The influence of memecoin on the Tron network
TRON (TRX), currently the 10th-largest cryptocurrency by market capitalization, has been gaining attention for its role in the rapidly growing decentralized finance (DeFi) space. With its price trading at $0.232, it remains 47% below its all-time high of $0.4407.
Tether is continuing to expand its stablecoin supply by minting $1 billion batches of USDT on the TRON blockchain. The move is a sign of Tether's commitment to bolstering liquidity across chains, while also highlighting the rapid expansion of TRON's DeFi ecosystem.
The balance of Tether's stablecoin, the largest in the world by market share, has surged to near all-time highs on the Tron network.
Tron, the crypto project founded by Justin Sun, remains in a bear market after falling more than 40% from its highest level in 2024. Tron (TRX) price dropped to $0.
The price of TRON (TRX) fell to $0.198 before rebounding on February 3. The cryptocurrency has resumed its uptrend after recovering above the $0.22 support.
The cryptocurrency market continued its volatile trajectory on Friday, with most major coins trading sluggishly. Bitcoin (BTC) remained subdued at the $97K level, while Ethereum (ETH), XRP, and Solana (SOL) experienced sharper declines. The global cryptocurrency market capitalisation stands at $3.15 trillion, reflecting a 1.06% decline over the past 24 hours.
The crypto market on Friday continued keeping investors on their toes, with coins mainly trading sluggishly. Bitcoin (BTC) price showcased a trading session at the $97K level, whereas Ethereum (ETH), XRP, and Solana (SOL) reflected a similar volatile trajectory.
Justin Sun's Tron coin has remained in a deep bear market despite having some of the strongest fundamentals in the crypto industry. Tron price has dropped to $0.2320, down by over 57% from its highest level in December last year. This article explores why the TRX price may bounce back in the coming weeks.
In 2024, Tron reached several important milestones, outpacing both Bitcoin and the broader altcoin market and expanding its user base.
Tron (TRX), the cryptocurrency built around decentralized applications (dApps) and decentralized finance (DeFi), has shown a notable recovery after facing significant price declines in the past week. Despite a 10% drop in value over the past week, TRX saw a 3.7% rebound in the last 24 hours, bringing its price to $0.2253.
TRX rebounds after a 10% weekly drop, driven by increased decentralized activity and positive technical indicators.
The growing rivalry between Tron (TRX) and Ethereum (ETH) has taken a new twist with an unusual network shift. According to data insights from the crypto analytics platform CryptoQuant, Tron has surpassed Ethereum in network fee revenue.
Tron (TRX) and Cardano (ADA) have remained popular choices for investors looking for long-term blockchain projects with strong fundamentals. Tron's high-speed transactions and low fees have made it a go-to network for decentralized applications (dApps) and stablecoin transactions.
Stablecoins expanded their activity in 2024, remaining a tool for peer-to-peer payments, making up to 50% of on-chain traffic.
low fees, but new competition from Coldware (COLD) is challenging its dominance. With Coldware (COLD) gaining momentum as a highly scalable and decentralized Layer-1 blockchain, investors are taking note.
Tron founder Justin Sun has boldly heralded USDD as the only “true decentralized stablecoin” in the entire crypto sector. Sun has made several promotional statements in recent weeks to rally the crypto community toward the stablecoin, ahead of the launch of USDD 2.0.
TRON consolidates after a sharp decline, with a larger recovery likely ahead, targeting $0.34. The crypto's price is still showing indecision, but short-term bullishness looks highly likely.
TRON and Movement Labs assert $TRX and $MOVE holdings were acquired via standard market transactions. WLFI holds significant assets, including Ethereum, USDC, Chainlink, AAVE, TRON, and Uniswap.
TRON's TRX is the second largest holding in World Liberty Financial's wallet.
Representatives from TRON and MOVE, two of the protocols whose tokens are being held by the treasury of World Liberty Financial (WLFI), have come out to deny they entered a token swap agreement with the Trump-linked DeFI project. Blockworks first reported that World Liberty Financial has been offering blockchain teams a token swap deal.
A report alleges that projects were pitched on a $10 million - $15 million buy-in on the Trump-backed project.
With the cryptocurrency market continuing to show growth and volatility, investors are on the lookout for the next big opportunity.
T3 FCU, a group consisting of Tron, Tether, and TRM Labs, helped Spanish authorities freeze $26.4 million used in a crypto money laundering operation.
TRX is breaking out from a descending wedge, signaling potential bullish continuation. If momentum sustains, Wave (3) could target $0.2903.
Cryptocurrency analysts of Coinidol.com report, the price of TRON (TRX) has entered a sideways trend after stopping above the $0.217 support level.
Crypto assets are trading sideways after attempting a narrow recovery following last week's free fall. Despite slight whale inflows, Solana (SOL) and Tron (TRX) are among the struggling altcoins.
The crypto market never stands still. New players are constantly shaking up the game, challenging the old guard.
In a major win for crypto regulation, Spanish authorities, with help from the T3 Consortium, dismantled a crime syndicate, arresting 23 individuals and seizing $26.4 million. On the market side, analysts are eyeing the movement of Bitcoin by long-term holders, which could signal a bullish trend and drive up prices due to increased market liquidity.
Spain's Guardia Civil, in collaboration with Tether, TRON, and TRM Labs, froze $26.4 million in crypto linked to a European criminal network. Spanish authorities and the T3 Financial Crime Unit blocked $26.
Ethereum price has been a major laggard in the crypto market this year as it remains in a technical bear market. While ETH typically rebounds in February, investing in quality Ethereum rivals may be a good option to generate strong returns and diversify a portfolio.
Jito surged over 8% on Wednesday as the network outpaced several blue-chip blockchain networks in fees. Jito (JTO), the largest liquid staking platform on Solana (SOL), has become the second most profitable entity in the crypto industry after Tether.