Binance Square
LIVE
LIVE
CryptoFeed_News
--987 views
#write2earn #TronNetwork EMERGES AS LEADING #BLOCKCHAIN FOR $USDT #transfers AMID CRYPTO #surge $TRX Tron, the blockchain notorious for its controversies, has found its footing as the preferred network for USDT transactions. In the midst of a fervent crypto market, Tron, whose native TRX token ranks 12th in the digital asset realm, is witnessing record-breaking daily protocol revenues, hovering around $2 million. Justin Sun, the enigmatic founder of Tron, proudly announced this significant achievement on X. Tron distinguishes itself in the crypto landscape by serving as the primary platform for stablecoin transfers. While this underscores its practical utility, Tron faces skepticism and lacks widespread support within the digital asset community. For instance, Circle, the issuer of USDC, the second-largest stablecoin, recently announced its decision to cease support for the Tron blockchain. Even Ethereum co-founder Vitalik Buterin has voiced criticisms against Tron in the past. Despite these challenges, Tron boasts the highest number of active users among blockchains, according to data from Coin98. Like many digital assets, TRX has experienced a surge in 2024, witnessing a 30% increase in value this year, with the token currently priced at $0.14.

#write2earn #TronNetwork EMERGES AS LEADING #BLOCKCHAIN FOR $USDT #transfers AMID CRYPTO #surge
$TRX



Tron, the blockchain notorious for its controversies, has found its footing as the preferred network for USDT transactions.

In the midst of a fervent crypto market, Tron, whose native TRX token ranks 12th in the digital asset realm, is witnessing record-breaking daily protocol revenues, hovering around $2 million.

Justin Sun, the enigmatic founder of Tron, proudly announced this significant achievement on X.

Tron distinguishes itself in the crypto landscape by serving as the primary platform for stablecoin transfers. While this underscores its practical utility, Tron faces skepticism and lacks widespread support within the digital asset community. For instance, Circle, the issuer of USDC, the second-largest stablecoin, recently announced its decision to cease support for the Tron blockchain.

Even Ethereum co-founder Vitalik Buterin has voiced criticisms against Tron in the past.

Despite these challenges, Tron boasts the highest number of active users among blockchains, according to data from Coin98.

Like many digital assets, TRX has experienced a surge in 2024, witnessing a 30% increase in value this year, with the token currently priced at $0.14.




Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@cryptofeed_news

Explore More From Creator

--
#Write2earn ETHEREUM LAYER 2 ADOPTION SURGES IN 2024: CONCERNS RISE OVER LIQUIDITY FRAGMENTATION #Ethereum #Layer2 #Layer2s #Blast $ETH $AAVE $ARB Activity and total value locked (TVL) on Ethereum Layer 2s have seen significant growth in 2024, with transactions per second (TPS) and TVL steadily increasing over the past six months. However, the continuous announcement of new Layer 2 solutions raises concerns among analysts regarding liquidity fragmentation issues. The surge in Layer 2 usage coincided with notable events such as the implementation of EIP-4844 and the launch of Blast. Since its launch on February 29, Blast has become the 6th largest chain by TVL. Additionally, the introduction of EIP-4844 resulted in a substantial increase in transactions per block on other Layer 2s. DeFi Maestro, a strategist at Mantle, expressed concern about the proliferation of individual chains in the DeFi space, highlighting the growing problem of liquidity fragmentation and user attention. Liquidity fragmentation refers to the dispersion of active liquidity across various chains and protocols, leading to market and protocol inefficiencies due to low volume concentration. These concerns arise as Aave unveils its vision for Aave Network, a native Layer 2 solution for the Aave Protocol and its GHO stablecoin. Despite the rising adoption of Layer 2 solutions, Ethereum (ETH) has experienced inflation over the past 30 days. ETH's supply is currently increasing at a rate of 0.51% per year, resulting in a projected surplus of 612,000 ETH annually. While Ethereum Layer 2s benefit from increased transactional value and inherit the security of the ETH mainnet, the total amount of ETH burned remains notably lower compared to similar activity on the mainnet.
--
#Write2earn TRON INTEGRATES LAYERZERO TO BOOST CROSS-CHAIN INTEROPERABILITY #TronDAO #TRON #TRX $TRX #LayerZero The TRON DAO has made a significant move by integrating with LayerZero, becoming the second non-EVM chain to join the platform's cross-chain interoperability protocol. This integration empowers TRON developers to seamlessly expand their decentralized applications (dApps) to over 70 other networks supported by LayerZero. Unlocking Seamless Interactions LayerZero's cutting-edge interoperability protocol facilitates smooth interactions between diverse blockchain networks. With TRON's integration, developers can deploy their dApps across multiple platforms effortlessly, while developers from other LayerZero-supported networks gain access to the TRON mainnet. Driving Innovation and Adoption As a leading blockchain with a substantial user base and significant USDT market share, TRON's collaboration with LayerZero aligns with its mission to enhance blockchain interoperability. This partnership provides developers with the tools needed to innovate and expand their reach, furthering the adoption of decentralized technologies. Enthusiastic Responses Dave Uhryniak from TRON DAO and Simon Baksys from LayerZero expressed excitement about the integration, highlighting its potential to foster greater innovation and growth. By supporting TRON and other networks, LayerZero aims to unlock new opportunities and drive the future of decentralized applications. A New Era of Interoperability The collaboration between LayerZero and TRON underscores the importance of cross-chain interoperability in creating a connected and versatile blockchain ecosystem. By enabling seamless communication and interaction between different networks, this integration sets the stage for the next wave of decentralized innovation and adoption.
--

Latest News

View More
Sitemap
Cookie Preferences
Platform T&Cs