TRON Reclaims Its Crown With 43% Dominance In Altcoin Transactions

The TRON network has been making a notable impact across altcoin ecosystems, regaining its position as the leading blockchain for transaction volume among major altcoin chains. According to a CryptoQuant analyst known as ‘Maartuun,’ TRON has shown substantial transaction dominance recently, handling roughly 43% of transactions across major altcoin blockchains as of October 30. This… Continue reading TRON Reclaims Its Crown With 43% Dominance In Altcoin Transactions

Tron Energy Needs Rise 100% In 3 Months: New All-Time High Incoming?

Tron is now in the top 10 blockchains by market cap, flipping Toncoin and Cardano. While there were initial doubts about the network dying a natural death due to the then “superior” competitor Ethereum in the first few years, the smart contracts platform has surpassed expectations. Tron Energy Demand Doubles In 3 Months At spot… Continue reading Tron Energy Needs Rise 100% In 3 Months: New All-Time High Incoming?

TRON Market Cap Hits Nearly $14 Billion On Strong Revenue Growth

TRON, with its native token TRX, has been on a tear in the last few months, with its impressive market cap growth. Based on Messari’s tracking for Q3 2024, TRX’s market capitalization increased by 24%, from nearly $11 billion to $13.5 billion. This marks the seventh consecutive quarter in which the token has increased its… Continue reading TRON Market Cap Hits Nearly $14 Billion On Strong Revenue Growth

Tron Token Burn: 10 Million Gone—What Does It Mean For TRX Price?

TRON (TRX) recently garnered attention by incinerating over 10 million tokens, demonstrating its dedication to a deflationary approach intended to enhance its value. Currently, TRX is trading at roughly $0.1605, indicating a small increase. Analysts express optimism on TRON’s future, forecasting a 57% price increase during the next three months, and an even more remarkable… Continue reading Tron Token Burn: 10 Million Gone—What Does It Mean For TRX Price?

Why Are Traders Super Bearish On Chainlink, Solana, and Bitcoin?

As the crypto market struggles to shake off the weakness of last week, the latest sentiment data from Santiment shows that token holders and traders are bearish on some of the top altcoins. According to their recent analysis, token holders are bearish the most on Chainlink–a middleware solution that powers DeFi and NFTs, Ethereum, Solana,… Continue reading Why Are Traders Super Bearish On Chainlink, Solana, and Bitcoin?