Tag Archives: TRX

Tron Bulls Regain Control – On-Chain Data Shows Fresh Buying Pressure

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While Bitcoin and other major cryptocurrencies have surged to new all-time highs, Tron (TRX) has remained in a tight consolidation range. Despite the broader market’s bullish momentum, TRX is still trading nearly 66% below its early December peak. However, this lagging price action has not gone unnoticed—investors and analysts are increasingly watching Tron as a… Continue reading Tron Bulls Regain Control – On-Chain Data Shows Fresh Buying Pressure→

Tether’s $1 Billion Mint Powers Tron — Is A Breakout Brewing?

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Tron (TRX) is retaining its position after a tumultuous weekend in the general crypto space. The token remains close to $0.24, recording a negligible decline of only 0.91% over the last day. Even as there is tame price action, analysts are in close observation looking for indications of a potential breakout, with $0.40 now making… Continue reading Tether’s $1 Billion Mint Powers Tron — Is A Breakout Brewing?→

TRON Block Production Hits 99.7% as $1B USDT Mint Boosts Network Activity

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TRON’s native token, TRX, has reflected the broader market’s recent sluggishness, with minimal movement over the past weeks. The token recorded a marginal 0.2% decline over the last seven days and is currently trading at approximately $0.2451, showing a 1.8% decrease in the last 24 hours. Despite this muted price activity, TRON’s network fundamentals suggest… Continue reading TRON Block Production Hits 99.7% as $1B USDT Mint Boosts Network Activity→

Tron And Bitcoin: Will A Block Reward Cut Boost TRX Price?

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TRON founder Justin Sun has revealed that the network might reduce the TRX block rewards due to TRX’s rising price, sparking a discussion in the cryptocurrency community. Sun noted that this move is similar to Bitcoin’s halving mechanism, capturing the attention of investors who are wondering about the plan’s possible impact on traders. Tron: Reducing… Continue reading Tron And Bitcoin: Will A Block Reward Cut Boost TRX Price?→

Altcoin Transaction King? TRON Hits 42% Share As USDT, DeFi Explode

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Tron (TRX) is demonstrating its status as a dominant force in the realm of altcoin transactions. The network has established itself as one of the busiest blockchain networks by capturing a significant 42% proportion of all altcoin transactions. Tron’s dominance is becoming increasingly apparent due to its expanding role in decentralized finance (DeFi) and its… Continue reading Altcoin Transaction King? TRON Hits 42% Share As USDT, DeFi Explode→

Altcoins Continue To Surge Following Trump’s Victory – More Gains Ahead?

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The crypto market has been on an uptrend following the US elections in early November. In particular, the altcoins have responded quite positively to the election of pro-crypto candidate Donald Trump as the next US President. XRP, ADA, TON, Others Stand Out Amidst Bullish Altcoins Performance In its weekly report on November 22, blockchain analytics… Continue reading Altcoins Continue To Surge Following Trump’s Victory – More Gains Ahead?→

New High For TRON, But Bearish Signals Cast Shadows On The Rally

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The price of TRON (TRX) has been on an impressive run of late and established a double-top technical formation. Technical analysts typically utilize this pattern to forecast a trend reversal when an asset reaches its peak. Tron is currently trading close to its all-time high level, which has attracted traders’ attention to the double-top. TRX… Continue reading New High For TRON, But Bearish Signals Cast Shadows On The Rally→

TRON Reclaims Its Crown With 43% Dominance In Altcoin Transactions

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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?

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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

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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→