Good Morning, Crypto! – TRON Metrics Soar with USDT and SunPump Transfers and More!
Good morning, cryptocurrency enthusiasts! The crypto market is showing how it can innovate the financial sector as a whole. To learn about the technologies that will influence the industry, check out these news that BeInCrypto has selected for you!
TRON Metrics Soar with USDT and SunPump Transfers
The TRON blockchain has seen a significant increase in its metrics, reaching 225 million monthly transactions, $220 million in fees and 14.1 million active users. USDT transfers on TRON reached 59.9 million last month, with a total supply of $61.8 billion. Additionally, the SunPump memecoin generator has gained popularity, accumulating around 10,300
daily active addresses and $416K in gas fees. Since its launch, SunPump has been attracting users with its coin creation rate and boosting the TRON ecosystem.
The native token TRX has also seen growth, doubling its market cap in the past two years. Despite the growth, TRON faces challenges, such as a 23% drop in total value locked (TVL) in Q2 2024.
At the same time, Justin Sun is planning improvements, including fee reductions and a high-quality NFT project. These initiatives aim to solidify TRON as a dominant player in the blockchain space.
The first MiCA-compatible stablecoin appears in the crypto market
