$TRX Shines đ„ While Market Bleeds! đ
Things are looking a little rough in crypto land recently, with $BTC and $ETH down 8% and 11%, respectively during the past week. đ€§ But hey, there's always a bright side! đđ
#TRX is defying the odds! It's actually up 3% from last week and is trading at $0.126 per token. Even better, its trading volume has skyrocketed 28% in the past 24 hours ($460 million)! đ„
What's TRX's Secret Weapon? đ€· Here's a quick rundown:
đ Fees and Revenue on the Rise: TRON's fees and revenue jumped over $21 million in Q2 compared to Q1, a whopping 52% increase year-over-year!
đ Growing User Base: The number of TRX holders is booming, reaching over 134 million, a 9.2% increase from Q1 and a massive 35% jump year-over-year.
đ Network on Fire: The #TRON network is buzzing with activity! They saw over 569 million transactions in Q2 (up 29% from Q1) and 19.5 million new addresses created (a 41% increase year-over-year).
đ Deflationary Power: The total supply of TRX actually decreased by 580 million, helping to keep inflation in check.
đ Thriving Ecosystem: TRON's TVL surged to a whopping $7.7 billion, a 36% increase year-over-year. The stablecoin market cap on TRON also saw impressive growth, rising over $4.9 billion compared to Q1.
So, while the market might be feeling a bit gloomy, TRX is showing some serious strength! đ€We'll keep an eye on it and see how it continues to perform. đ»đ DYOR! #BTC #ETH