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Justin Sun will launch Tron, other network gas-free stablecoin transfers Justin Sun, creator of Tron Network, revealed gas-free stablecoin transfers, an amazing breakthrough. Many users appreciate Tron's newest suggested feature, while others lament the late update. Justin Sun: Gas-Free Stablecoin Transfer Starts Q4 2024 On Saturday, Justin Sun wrote on X that Tron is developing on a stablecoin sending and receiving update sans gas costs. Each blockchain transaction incurs gas expenses. Stablecoin transactions on Tron use TRX token to pay gas costs. Justin Sun said the new method will enable stablecoin transactions without TRX or other native assets. These transactions will be entirely funded by stablecoins. The notable crypto personality further indicated that this update would first be implemented on Tron before being extended to Ethereum and other EVM-compatible public networks. While this functionality does not remove transaction costs, it may cut gas prices for stablecoin-only users. Some Tron users praised the developers for this “innovation”. Mark Lamb, an aficionado, said: Other users have criticized Tron for releasing this option late, while Celo and the Internet Computer Protocol (ICP) already provide a comparable capability. Justin Sun expects gas-free stablecoin transactions in Q4 2024. The Tron creator thinks this functionality might spur large corporations to issue stablecoins, increasing cryptocurrency acceptance. Tron Network Grows User Base Despite Market Volatility In other events, CryptoQuant researcher Ben Sizelove said that Tron's user base has grown since 2024. Sizelove credits Tron's payments, stablecoins, and word asset applications for this achievement. The analyst also observes that Tron's robust user base has happened notwithstanding market uncertainty and significant selling pressure. #TRON #TRX #JustinSun @Justin Sun孙宇晨
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⭐When trading memecoins, it is essential to have a solid understanding of the patterns on the chart as well as the appropriate coin variables. ⭐Having the ability to rapidly orient yourself and base your judgments on that should be a priority for you! ⭐When it comes to trading, the following is a list of patterns that you may apply. #Memecoin #PEPE #SHIB #DOGE
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Will Solana Price Rise After Multicoin Capital Matches $1M in SOL Donations? After falling 7.76% on July 4, Solana rose 5.72% to $142.18, in comparison. After falling below $139.50, it might fall further. Solana has outperformed other top cryptocurrencies with a 595.28% yearly return despite a 15.77% fall this month. The latest drop below $139.50 and increasing trade volume suggest sustained selling pressure. Solana's price may revisit $135.65 barrier, which might reverse and retake long-term support. SOL prices fluctuated from $175 to $124 last month. Both industry dynamics and network concerns contributed to the fall. SOL completed the month at $144 on confidence after VanEck and 21Shares filed the first Solana spot ETF filings. This announcement caused a 10% price surge in one day, extending a favorable trend from late May. Analysts expected spot Solana ETFs would boost SOL's price like Bitcoin ETFs. Solana's daily transaction volume increased by roughly 34% from 32.7 million on June 1 to 43.8 million by June 30. TVL in Solana's ecosystem dropped 29% from $4.8 billion on May 1 to $3.4 billion on June 30. Solana's TVL has risen significantly year-over-year, indicating more participation and trust in the platform. $1 Million SOL Donation During Price Changes Multicoin Capital, a renowned crypto investment business, will match up to $1 million in Solana (SOL) contributions to the conservative super PAC Sentinel Action Fund, which supports pro-crypto Republican Senate candidates. As market recovers, can Solana reach $150 by weekend? Solana's technical prognosis at $142.4 is cautious optimism. After falling over 1% in the preceding week, Solana fluctuated between $122 and $150, reaching a monthly low at $122 before a dramatic bounce on Friday. Solana Market Overview and Trends Bitcoin, Ethereum, and Dogecoin rose 4%, 3%, and 12% in the previous 24 hours. This comeback has also boosted Dogwifhat, a Solana-based meme currency, by nearly 23%. This signals market momentum as investors rally behind digital assets. #Solana #Sol $SOL
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💰LayerZero Rising: Bullish Momentum Points To New Highs LayerZero (ZRO) is showing strong bullish momentum, setting itself for new highs. This steady rise suggests investor confidence and market interest in the platform's potential. Technical indications show that ZRO's momentum might push the stock to record highs. Traders and investors are watching LayerZero reach new market heights for strategic profits and chances. ZRO's bullish momentum and potential for new highs are examined in this article. This article offers investors strategies to profit on ZRO's potential growth by analyzing price performance and technical indicators. The market capitalization of ZRO is over $456 million, and its trading volume is over $816 million. It was trading at $4.15 and up 36.66%. ZRO's market value and trading volume rose 36.62% and 152.75% in 24 hours. Analysis of ZRO's Bullish Trend ZRO is bullish and trading above the 100-day Simple Moving Average on the 1-hour chart, according to technical analysis. ZRO has been bullish since rejection at $2.69 support and is trying to break over $4.28 resistance. Since the 1-hour William alligator lip and teeth are moving above the jaw following a successful cross above it, ZRO may continue its bullish run. ZRO is positive on the 4-hour chart. The price is dropping a negative candlestick, yet the crypto asset may remain positive. The 4-hour William alligator's lip and teeth are trending above the jaw after going above it, which is bearish for ZRO. The ZRO Price Forecast ZRO may attempt its all-time high of $5.62 if it breaks over $4.28 resistance. ZRO may set a new record if this level is broken. ZRO will fall toward $3.27 if the $4.28 resistance level is rejected. If the asset breaks this level, it may continue to fall to test the $2.69 support level and maybe higher levels. #LayerZero #BinanceTournament $ZRO
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Solana Price Rises over $800 SOL as Historical Pattern Returns Solana (SOL) has shown extraordinary resilience despite a week of market turmoil and investor anxiety about macroeconomic risks. Since hitting $209 in mid-March, SOL has been making lower highs while sustaining important support levels, generating a symmetrical triangle pattern that suggests further moves. SOL's price rallied well from a multiyear support level at $122 on Friday, indicating an optimistic weekend. The token's price behavior has been studied by market experts, with some connecting current market dynamics to Solana's trading history. Trader Tandigrade tweeted on Friday that a symmetrical triangle and the Relative Strength Index (RSI) rebounding to neutral levels after being overbought were comparable to 2021 patterns. Solana repeats 2021 movements Same Symmetrical Triangle was made. From overbought, RSI rebounds to 50. Middle of the Bull Run SOL," the pundit predicted a $800 SOL spike. Captain Faibik revealed SOL's weekly chart, showing the triangle inside a bullish flag formation, boosting confidence. Faibik predicted SOL would reach $1000 when the bull flag's second pole was completed. Raoul Pal, a worldwide macro and cryptocurrency market expert, has advised buying SOL during its tringle consolidation period. In a separate YouTube broadcast last week, the commentator revealed that Solana holds a large percentage of his crypto assets. EVAI CEO Matthew Dixon noted technical evidence that suggest SOL's corrective phase may continue. The pundit tweeted that a frequent bearish divergence, a technical indicator signaling an incomplete fifth wave down in the Elliott Wave cycle, called for caution and confirmation. However, Solana's ability to stay above $122 support levels in the coming days might put it up for further gains. #Solana #SOL $SOL #VanEck_SOL_ETFS
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