Tag: tron (trx) news

The daily transaction count on the Tron network has grown by 522% in the last year Tron recently hit an all-time high in daily transactions at 9.278 million The growth of unique accounts on Tron continues to grow in a parabolic manner with the network hosting 45.160 million total accounts However, TRX/USDT is about to experience a death cross that should usher in...

Total value locked on Tron's DeFi ecosystem has exceeded $8 Billion Tronscan.org has launched a new feature that tracks the total value locked in the network's DeFi ecosystem The Tron network continues to focus on increasing its stablecoin offerings as demand grows The Tron (TRX) network has reached a new milestone in the form of total value locked on its DeFi ecosystem. According...

Over $100 million in USD Coin (USDC) has been issued on the Tron network According to Tronscan, USDC token supply on Tron currently stands at 108,308,353.05 USDC on Tron is now live across all Circle products including all accounts and APIs The amount of USD Coin (USDC) issued on the Tron (TRX) network has now exceeded $100 million. This milestone was identified and...

Centre has announced plans on offering USD Coin (USDC) beyond the Ethereum Network In the coming months, USDC will soon become available on 10 additional blockchains They include Avalanche, Celo, Flow, Hedera, Kava, Nervos, Polkadot, Stacks, Tezos, and Tron USDC is already fully implemented on Algorand, Stellar and Solana USDC's market cap at $25.3 Billion is slowing inching towards Tether's at $62.957 Billion...

The stablecoin of Tether (USDT) now has its very own Twitter emoji Tether (USDT) joins Bitcoin, Tron, Binance Coin and Crypto.com Coin with the new feature The supply of Tether (USDT) is showing signs of entering a plateau phase as demand for stablecoins slows down with a weakened crypto market The stablecoin of Tether (USDT) now has its very own Twitter emoji. This...

According to Coinmetrics, Tron is the fastest blockchain in terms of transactions per second Tron's throughput exceeds that of Bitcoin, Ethereum, Cardano and XRP Tron's users continue to grow with the network exceeding 40 million unique accounts However, TRX is currently trading above the 200-day moving average with a potential death cross, only weeks away The Tron (TRX) network ranks first in terms...

Tron's daily active users have hit a new all-time high of 5.26 million At the same time, Tron's total daily transaction count has also hit a new all-time high of 6.22 million Unique addresses on Tron have also reached an all-time high of 38.58 million The 200-day moving average is currently providing TRX with adequate support at the $0.065 price area and its...

Justin Sun has pitched Tron to Elon Musk as being the most energy-efficient network for blockchain and crypto transactions Mr. Sun has pointed out that Tron uses less than 1% of Bitcoin's energy consumption Tron settles over $10 Billion daily and USDT on Tron is very liquid with a market cap of over $30 Billion USDT on Tron would be the perfect alternative...

Tron has issued 50 million Dogecoin on its network Dogecoin on Tron is supported by Poloniex, JustSwap, JustLend and Sun.io Dogecoin dumped during yesterday's SNL episode hosted by Elon Musk $0.50 support continues to hold as Dogecoin's next course of direction is revealed The popular meme-coin of Dogecoin (DOGE) is now a token on the Tron network. The CEO of Tron, Justin Sun,...

Justin Sun has announced plans to launch a cross-chain scaling solution known as Apollo Apollo will enable the transfer of data and assets across multiple chains Such a feature on Tron will be beneficial in enhancing DeFi across the crypto-verse Just Sun and the Tron Foundation are yet to release full details on Apollo The founder and CEO of Tron (TRX), Just Sun,...

Tether's CTO has explained that high fees on Ethereum pushed more USDT to the Tron blockchain USDT on Tron is firmly ahead of USDT issued on Ethereum Tether's market cap has just exceeded $50 Billion According to Tether's CTO, 2021 has been a good year for the stablecoin High gas costs on the Ethereum (ETH) blockchain are the reason more USDT has been...

USDT active addresses have exceeded 6 million Half the amount is on Ethereum with the other half on Tron Tether's market cap has exceeded $48B and still dominating the stablecoin market worth $75.4 Billion Tether's growth has been organic based on the growth of the crypto markets and DeFi The number of USDT active addresses has exceeded 6 million. This milestone by USDT...

USDT issued on Tron (TRX) has eclipsed that issued on Ethereum The milestone was achieved 729 days after TRC20-USDT was launched Justin Sun marked the milestone through Twitter by thanking the Tron community TRX has had an impressive run in the markets but a pullback could be on the horizon The amount of Tether (USDT) issued on the Tron blockchain has just exceeded...

The amount of Tether (USDT) issued on Tron is slowly catching up to that issued on Ethereum $23.416 Billion ERC20-USDT has been issued compared to $21.994 Billion TRC20-USDT Tron issued USDT is gaining popularity due to its low fees and its use in the Tron ecosystem The value of TRX has benefited from the increased activity on the network The amount of Tether...

In brief: Total value locked in Tron's DeFi ecosystem has now exceeded $5.7 Billion Tron's proposal 51 has increased investors confidence in TRX as the digital asset is now deflationary TRX's value has more than doubled in value since the beginning of the year The Tron (TRX) Defi ecosystem has reached a new milestone in the form of total value locked. According to...

Quick take: Tether's (USDT) market cap has increased by 44.9% since the beginning of 2021 hitting $30.33 Billion Demand for stablecoins has increased as traders look for fiat onramps Furthermore, DeFi on both Tron and Ethereum has accelerated the use of USDT The market capitalization of Tether (USDT) has increased by a whopping 44.9% since the beginning of 2021 to hit a new...

Summary: Justin Sun is officially part of the WallStreetBets community He has pledged $10 million towards buying Gamestop (GME) Mr. Sun had initially pledged $1 Million worth of Gamestop (GME) The WallStreetBets community is now very much interested in Tron (TRX) The Founder of Tron (TRX), Justin Sun, has just pledged to buy $10 million worth of Gamestop (GME) stock tonight to assist...

Quick take: The market capitalization of Tether (USDT) has just passed the $25 Billion mark $5 Billion of which was issued in the last month According to the Tether balance-sheet, the company has $25.139 Billion in total assets The use of USDT on Tron has seen a significant increment as Tether users avoid high fees on Ethereum The market capitalization of the popular...

Quick take: $9.395 Billion in Tether (USDT) has been issued on the Tron (TRX) blockchain Justin Sun celebrated the milestone, highlighting that it took 644 days to acheive Demand for USDT on Tron is growing due to cheaper more efficient transactions Tron also hosts WBTC, WETH and WLTC with Justin hinting at more wrapped digital assets underway The amount of Tether (USDT) issued...

Summary: Tron (TRX) has launched its first NFT standard dubbed TRC-721 The NFT standard was launched to allow each token to have its own unique value The NFT market on the Ethereum blockchain has been thriving with some tokens fetching 6 figures The Tron (TRX) network now has its own NFT standard protocol. Yesterday, the team at the Tron Foundation announced the launch...