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Over the past 90 days, @TRON DAO generated an impressive $567M in fees, outpacing other blockchains. Here's a closer look:
- 2x more than $ETH ($253M)
- 5x more than $SOL ($105M)
- 9x more than $BTC ($57M)
#Trondao #TronNetwork #TRON #TrendingTopic
- 2x more than $ETH ($253M)
- 5x more than $SOL ($105M)
- 9x more than $BTC ($57M)
#Trondao #TronNetwork #TRON #TrendingTopic
The total number of accounts on the @TRON DAO network has surpassed 260M, reaching 260,130,540!
Just check the chart below ๐๐ณ
#TRON $TRX #TronNetwork #Trondao #TrendingTopic
Just check the chart below ๐๐ณ
#TRON $TRX #TronNetwork #Trondao #TrendingTopic
๐บ The @TRON DAO network is experiencing consistent growth, averaging about 196,394 new accounts daily. Starting with 217.8K on Mar 14, the total reached 220.6K by Mar 27.
#Trondao #TRX #TrendingTopic
#Trondao #TRX #TrendingTopic
โ๏ธ SunPump, the memecoin deployer on the @TRON DAO , has generated over $1.2M in revenue since launching on Aug 9.
Backed by @JustinSun , the platform has seen 7.6M
$TRX in total revenue, peaking at $400K on Aug. 20 with 6,000+ memecoins created.
#SunPump #sunpumpmeme #Trondao #TrendingTopic
Backed by @JustinSun , the platform has seen 7.6M
$TRX in total revenue, peaking at $400K on Aug. 20 with 6,000+ memecoins created.
#SunPump #sunpumpmeme #Trondao #TrendingTopic
#TRX is on FIRE! ๐ฅ
Justin Sun just announced that #TRON 's protocol revenue has reached a new all-time high! ๐คฏ Over the past year, $TRX has generated a whopping $1.57 billion in revenue, and it's showing no signs of slowing down. ๐
With revenue increasing by 48% in just the last month, ๐๐ TRX is well on its way to hitting the $2 billion target this year. And who knows? ๐คซ๐ Maybe even $3 billion isn't out of reach! ๐
This is a huge milestone for TRX, and it's a testament to the hard work and dedication of the entire community. ๐ช๐ค
Keep it up, TRON fam! ๐ช #Altcoins #Trondao
Justin Sun just announced that #TRON 's protocol revenue has reached a new all-time high! ๐คฏ Over the past year, $TRX has generated a whopping $1.57 billion in revenue, and it's showing no signs of slowing down. ๐
With revenue increasing by 48% in just the last month, ๐๐ TRX is well on its way to hitting the $2 billion target this year. And who knows? ๐คซ๐ Maybe even $3 billion isn't out of reach! ๐
This is a huge milestone for TRX, and it's a testament to the hard work and dedication of the entire community. ๐ช๐ค
Keep it up, TRON fam! ๐ช #Altcoins #Trondao
Big shoutout to the #Trondao teams for hitting an awesome milestone: over 196 million accounts! ๐
With 196,774,230 accounts and counting (+143,358 in the last 24h!), it's clear we're growing fast and staying true to our mission of #decentralizing the web. ๐
Next stop: 200 million!
With 196,774,230 accounts and counting (+143,358 in the last 24h!), it's clear we're growing fast and staying true to our mission of #decentralizing the web. ๐
Next stop: 200 million!
Here's an interesting fact.
Out of all blockchains, @TRON DAO generated the most fees on 80 out of the past 90 days ๐คฏ
$TRX #TRON #TronNetwork #Trondao #fees #TrendingTopic
Out of all blockchains, @TRON DAO generated the most fees on 80 out of the past 90 days ๐คฏ
$TRX #TRON #TronNetwork #Trondao #fees #TrendingTopic
TRON Price Is Ready To Soar 150%, But Here The Caveat
TRON price eyes a 150% breakout, but key resistance and U.S. election volatility may impact its path. Watch how TRX navigates this pivotal moment.
TRON Price Faces a Make-or-Break Obstacle
TRX price has risen since November 2022, when it hit a low of $0.0422. The asset has risen by 260% in about two years. However, 2024 promises to be different, with the upcoming elections anticipated to be volatile, causing huge upswings in the crypto market.
Despite the excitement surrounding the elections, TRX price has decreased by 1.8% in the last 24 hours and is trading at $0.1613. The markets remain cautious as prediction markets wobble towards the final hours of the electioneering period.
TRON price trades within a bullish channel pattern and is near the mid-line. Historically, whenever TRX price reaches this level, it experiences buying or selling pressure, depending on the broader market conditions.
Source: Trading View
Based on recent price action, if TRON holds over the $0.1478 level, the asset could rally by 11% to reach $0.1874 in the coming days. This level also coincides with the previous all-time high, and a break above this could result in a 150% surge to $0.46.
On the other hand, if TRON fails to hold the $0.1478 support level, the asset could experience a 75% crash back to its two-year low.
Will TRON Soar Amid U.S Elections?
The U.S. elections are imminent and could create significant crypto market volatility. Bitcoin volatility is up, with a notable 2.2% increase in price.
If Trump wins, the expectation is a bullish market reaction for Bitcoin and altcoins, including TRON (TRX). Trump has been vocal about supporting crypto, which could lead to significant price increases. TRON price forecast suggests TRX could surge above $0.1874 shortly after the election.
On the other hand, a win for Kamala Harris could lead to panic selling in altcoins, with investors moving their funds into Bitcoin and Ethereum as safer options. Historical data indicates that after Harrisโ potential victory, Bitcoin may initially rise, but altcoins could suffer a downturn before recovering. This could send TRON price plummeting before a correction takes place.
On-Chain Metrics Hint Potential Correction for TRX Price
Additionally, the TRON open interest (OI) has dropped by 13% over the past 24 hours. Combined with falling price, it indicates that tradersโ are rushing to close their Longs in losses. When this happens, traders tend to open Shorts. Currently, 49.77% of top traders hold long positions, while 50.24% hold short positions.
Additionally, the TRON open interest (OI) has dropped by 13% over the past 24 hours. Combined with falling price, it indicates that tradersโ are rushing to close their Longs in losses. When this happens, traders tend to open Shorts. Currently, 49.77% of top traders hold long positions, while 50.24% hold short positions.
This assessment is further replicate din the TRX liquidation map, in which there is $3.05 million Long versus $2.96 worth of cumulative Short Liquidation Leverage. This imbalance suggest that the market sentiment on TRX is neutral to slightly bearish as traders remains uncertain of the election outcome.
Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news for trading, staking, investing after our own research.
Some information source coingape.
#Trondao #TRXUpdate #TRX/USDTโค๏ธ #Trondao #TRXUpdate
$TRX
TRON Price Faces a Make-or-Break Obstacle
TRX price has risen since November 2022, when it hit a low of $0.0422. The asset has risen by 260% in about two years. However, 2024 promises to be different, with the upcoming elections anticipated to be volatile, causing huge upswings in the crypto market.
Despite the excitement surrounding the elections, TRX price has decreased by 1.8% in the last 24 hours and is trading at $0.1613. The markets remain cautious as prediction markets wobble towards the final hours of the electioneering period.
TRON price trades within a bullish channel pattern and is near the mid-line. Historically, whenever TRX price reaches this level, it experiences buying or selling pressure, depending on the broader market conditions.
Source: Trading View
Based on recent price action, if TRON holds over the $0.1478 level, the asset could rally by 11% to reach $0.1874 in the coming days. This level also coincides with the previous all-time high, and a break above this could result in a 150% surge to $0.46.
On the other hand, if TRON fails to hold the $0.1478 support level, the asset could experience a 75% crash back to its two-year low.
Will TRON Soar Amid U.S Elections?
The U.S. elections are imminent and could create significant crypto market volatility. Bitcoin volatility is up, with a notable 2.2% increase in price.
If Trump wins, the expectation is a bullish market reaction for Bitcoin and altcoins, including TRON (TRX). Trump has been vocal about supporting crypto, which could lead to significant price increases. TRON price forecast suggests TRX could surge above $0.1874 shortly after the election.
On the other hand, a win for Kamala Harris could lead to panic selling in altcoins, with investors moving their funds into Bitcoin and Ethereum as safer options. Historical data indicates that after Harrisโ potential victory, Bitcoin may initially rise, but altcoins could suffer a downturn before recovering. This could send TRON price plummeting before a correction takes place.
On-Chain Metrics Hint Potential Correction for TRX Price
Additionally, the TRON open interest (OI) has dropped by 13% over the past 24 hours. Combined with falling price, it indicates that tradersโ are rushing to close their Longs in losses. When this happens, traders tend to open Shorts. Currently, 49.77% of top traders hold long positions, while 50.24% hold short positions.
Additionally, the TRON open interest (OI) has dropped by 13% over the past 24 hours. Combined with falling price, it indicates that tradersโ are rushing to close their Longs in losses. When this happens, traders tend to open Shorts. Currently, 49.77% of top traders hold long positions, while 50.24% hold short positions.
This assessment is further replicate din the TRX liquidation map, in which there is $3.05 million Long versus $2.96 worth of cumulative Short Liquidation Leverage. This imbalance suggest that the market sentiment on TRX is neutral to slightly bearish as traders remains uncertain of the election outcome.
Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news for trading, staking, investing after our own research.
Some information source coingape.
#Trondao #TRXUpdate #TRX/USDTโค๏ธ #Trondao #TRXUpdate
$TRX
๐ @TRON DAO continues to lead in #stablecoin transfers, with its share increasing from 48% to 52.7% YTD.
$TRX #Trondao #TrendingTopic
$TRX #Trondao #TrendingTopic
Tron (TRX): The Silent Giant Ready for a Bull Run, Says Analyst
Tron (TRX), often considered a silent player in the crypto space, stands as the native digital asset of one of the largest decentralized networks in the market. According to DeFi Llama, a portal specializing in smart contracts, Tron ranks second in Total Value Locked (TVL), with a staggering $8.2 billion, trailing only Ethereum.
The continuous success of Tron can be attributed significantly to the presence of USDT, the world's most widely used stablecoin. The integration of USDT into the Tron network has facilitated faster and more cost-effective transactions, contributing to its widespread adoption.
This early integration has allowed Tron to establish a robust user base and globally utilize digital financial services.
According to expert Nicholas Antiporovich, although Tron partially relies on the fame of USDT, it boasts a network of over 25 decentralized financial protocols, including lending platforms and decentralized exchanges.
For instance, JustLend, a lending platform on the Tron network, ranks as the third-largest DeFi protocol globally, indicating a growing ecosystem and significant growth potential for TRX.
"Looking ahead, analysts point to a potential bullish market between 2024 and 2025 for cryptocurrencies like TRX, backed by solid development," notes Antiporovich. He further suggests that other predictions indicate a 60% increase from the 2021 peak and a doubling of its current price to reach the all-time high of January 2018.
According to crypto analytics firm Messari, Tron's unique attributes can "support the value of TRX during a market that would otherwise be stable or declining."
The logic behind this argument is that, by the simple law of supply and demand, if the circulation of an asset decreases and its demand remains or increases, the price will rise.
Share love, Give a Tip because we can use expert tools to give you the best insights and help the growth of community.
#Tron #Trondao
Tron (TRX), often considered a silent player in the crypto space, stands as the native digital asset of one of the largest decentralized networks in the market. According to DeFi Llama, a portal specializing in smart contracts, Tron ranks second in Total Value Locked (TVL), with a staggering $8.2 billion, trailing only Ethereum.
The continuous success of Tron can be attributed significantly to the presence of USDT, the world's most widely used stablecoin. The integration of USDT into the Tron network has facilitated faster and more cost-effective transactions, contributing to its widespread adoption.
This early integration has allowed Tron to establish a robust user base and globally utilize digital financial services.
According to expert Nicholas Antiporovich, although Tron partially relies on the fame of USDT, it boasts a network of over 25 decentralized financial protocols, including lending platforms and decentralized exchanges.
For instance, JustLend, a lending platform on the Tron network, ranks as the third-largest DeFi protocol globally, indicating a growing ecosystem and significant growth potential for TRX.
"Looking ahead, analysts point to a potential bullish market between 2024 and 2025 for cryptocurrencies like TRX, backed by solid development," notes Antiporovich. He further suggests that other predictions indicate a 60% increase from the 2021 peak and a doubling of its current price to reach the all-time high of January 2018.
According to crypto analytics firm Messari, Tron's unique attributes can "support the value of TRX during a market that would otherwise be stable or declining."
The logic behind this argument is that, by the simple law of supply and demand, if the circulation of an asset decreases and its demand remains or increases, the price will rise.
Share love, Give a Tip because we can use expert tools to give you the best insights and help the growth of community.
#Tron #Trondao
๐ฃ #Stablecoin transfers surged to $1.2T in December, with #Ethereum and #Trondao leading the charge at $740.3B combined.
$TRX | $ETH
$TRX | $ETH
๐ Q2 marked another strong quarter for stablecoins on @TRON DAO
Market cap increased 9% QoQ from $53.1B to $58B. #USDT dominates with a 98% share, rising 9% to $57.1B.
#USDD increased 1% to $729.9M, while $TUSD surged 29% to $89.1M.
#Stablecoins #Trondao #TrendingTopic
Market cap increased 9% QoQ from $53.1B to $58B. #USDT dominates with a 98% share, rising 9% to $57.1B.
#USDD increased 1% to $729.9M, while $TUSD surged 29% to $89.1M.
#Stablecoins #Trondao #TrendingTopic
๐จ @JustinSun announced that @TRON DAO 's super representatives have approved a 50% fee reduction, effective in 2 hours!
With other recent changes, transaction fees on #TRON are now among the lowest in the industry.
#TRONNetwork. #Trondao #TrendingTopic
With other recent changes, transaction fees on #TRON are now among the lowest in the industry.
#TRONNetwork. #Trondao #TrendingTopic
๐จ ๐จ 1,000 #BTC๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ โฏโฏโฏ (60,945,662 USD) transferred from #Trondao to unknown new wallet#BTC
TRON INTEGRATES CHAINLINK TO ENHANCE DEFI SECURITY
TRON has partnered with Chainlink to integrate secure, tamper-
resistant data feeds into its DeFi ecosystem, enhancing the
reliability of platforms like JustLend and JustStable. Chainlinkโs
oracles provide essential off-chain data for accurate smart
contract transactions, adding security across TRONโs $6.5
billion in total value locked (TVL).
Replacing WINkLink with Chainlinkโs infrastructure, TRON joins
other blockchains in adopting Chainlinkโs proven oracle solutions. Through the SCALE program, TRON will cover initial
transaction costs, helping developers build without high fees.
This partnership underscores TRONโs push to advance DeFi
while fostering a secure, developer-friendly environment.
#Chainlink #Trondao #TRON #TRXโ #Write2Earn! $TRX $LINK
TRON has partnered with Chainlink to integrate secure, tamper-
resistant data feeds into its DeFi ecosystem, enhancing the
reliability of platforms like JustLend and JustStable. Chainlinkโs
oracles provide essential off-chain data for accurate smart
contract transactions, adding security across TRONโs $6.5
billion in total value locked (TVL).
Replacing WINkLink with Chainlinkโs infrastructure, TRON joins
other blockchains in adopting Chainlinkโs proven oracle solutions. Through the SCALE program, TRON will cover initial
transaction costs, helping developers build without high fees.
This partnership underscores TRONโs push to advance DeFi
while fostering a secure, developer-friendly environment.
#Chainlink #Trondao #TRON #TRXโ #Write2Earn! $TRX $LINK
Closing 2023 with two more awards. ๐
One for the incredible Team #Trondao as Web 3 company of the year, and another for #HTX as Crypto exchange of the year 2023.ย
Thank you Genesis XBT for the awards. The teams are truly humbled and are looking forward to continue #Build๐ฅ into 2024. ๐
One for the incredible Team #Trondao as Web 3 company of the year, and another for #HTX as Crypto exchange of the year 2023.ย
Thank you Genesis XBT for the awards. The teams are truly humbled and are looking forward to continue #Build๐ฅ into 2024. ๐
Justin Sun Unveils Tron DAOโs Roadmap for Bitcoin Layer-2 Solution
The TRON DAO, a decentralized autonomous organization governing the TRON network with over 210 million user accounts, has disclosed its plans for an innovative Bitcoin Layer-2 solution, as shared by Tron founder Justin Sun in a tweet on Thursday.
Justin Sun expressed the belief that this solution will revolutionize blockchain interoperability and the utilization of stablecoins within the Bitcoin ecosystem, aiming to bring back a sense of fun to Bitcoin. Justin Sun outlined the protocolโs ambitious roadmap, emphasizing its goal to inject funds into the BTC network, enhancing scalability, speed, and security.
Furthermore, TRON aims to foster seamless interactions and interoperability between its network and the Bitcoin blockchain by integrating tokens. In a three-phased approach, Sun highlighted TRONโs commitment to advancing blockchain interoperability and utility. The first phase involves integrating various TRON network tokens, including TRX, SUN, JST, BTT, WIN, NFT, USDT, and USDC, with the Bitcoin blockchain using cross-chain technology.
The second stage of TRONโs roadmap includes strategic collaborations with diverse Bitcoin Layer-2 protocols to boost the growth of the ecosystem and enable TRON users to participate in restaking programs on Bitcoin Layer 2 networks. Finally, the third stage aims to create a Bitcoin Layer-2 solution integrating TRON, BTTC, and BTC.
Additionally, TRON DAO is developing a wallet and tools compatible with BRC-20 tokens, contributing to the Ordinals and Bitcoin Layer-2 solutions. The resurgence of Ordinals, introducing decentralized finance (DeFi) and non-fungible tokens (NFTs) to Bitcoin, has generated both praise and criticism within the community due to increased transaction fees and network congestion, leading some critics to label it as a scam.
#Bitcoinโฌ #Trondao #JustinSun #ordinals #BRC20
The TRON DAO, a decentralized autonomous organization governing the TRON network with over 210 million user accounts, has disclosed its plans for an innovative Bitcoin Layer-2 solution, as shared by Tron founder Justin Sun in a tweet on Thursday.
Justin Sun expressed the belief that this solution will revolutionize blockchain interoperability and the utilization of stablecoins within the Bitcoin ecosystem, aiming to bring back a sense of fun to Bitcoin. Justin Sun outlined the protocolโs ambitious roadmap, emphasizing its goal to inject funds into the BTC network, enhancing scalability, speed, and security.
Furthermore, TRON aims to foster seamless interactions and interoperability between its network and the Bitcoin blockchain by integrating tokens. In a three-phased approach, Sun highlighted TRONโs commitment to advancing blockchain interoperability and utility. The first phase involves integrating various TRON network tokens, including TRX, SUN, JST, BTT, WIN, NFT, USDT, and USDC, with the Bitcoin blockchain using cross-chain technology.
The second stage of TRONโs roadmap includes strategic collaborations with diverse Bitcoin Layer-2 protocols to boost the growth of the ecosystem and enable TRON users to participate in restaking programs on Bitcoin Layer 2 networks. Finally, the third stage aims to create a Bitcoin Layer-2 solution integrating TRON, BTTC, and BTC.
Additionally, TRON DAO is developing a wallet and tools compatible with BRC-20 tokens, contributing to the Ordinals and Bitcoin Layer-2 solutions. The resurgence of Ordinals, introducing decentralized finance (DeFi) and non-fungible tokens (NFTs) to Bitcoin, has generated both praise and criticism within the community due to increased transaction fees and network congestion, leading some critics to label it as a scam.
#Bitcoinโฌ #Trondao #JustinSun #ordinals #BRC20