Latest update on Tron (TRX) coin:

Market Performance

The current price of TRX is $0.2598, with a 0.30% decline . Its market capitalization stands at $22.39 billion, and the 24-hour trading volume is $565.99 million .

Recent Developments

- TRON has recorded $200 million in monthly fees, signaling significant network activity .

- The platform's USDT transaction volume has seen substantial growth, indicating increased adoption .

- TRON's stablecoin supply has evened out with Ethereum's, showcasing its competitiveness in the DeFi space .

- Bitget has partnered with SunPump to strengthen TRON's meme coin ecosystem .

- Justin Sun, TRON's founder, has denied rumors of Ethereum selloff .

Price Predictions

Analysts predict potential gains for TRX, with some expecting a local bottom and others forecasting a 50,000% return . However, market volatility and fluctuations are expected to continue.