Tag: tron (trx)

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...

Public oracle project, Bridge Oracle successfully completed the launch of its mainnet on Tron blockchain on Thursday. The mainnet launch aims to give Tron blockchain users access to implementing real-world decentralized applications, or DApps, by connecting them to off-chain data. Bridge Oracle...

Quick take: Trading of NFTs is booming in the crypto-verse The top 3 NFT marketplace had a combined trading volume of $342 million in February 22 NFTs sold for more than $200k in the same month NFTs are perfect for collectibles in the various global sports leagues Like all things revolutionary in crypto, Non-Fungible Tokens (NFTs) have swept the trader and investor community...

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...

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...

Summary: Wrapped Bitcoin (BTC) has flipped the market cap of Bitcoin SV (BSV) $320 Million in market capitalization separates the two assets Demand for Bitcoin on Ethereum continues to increase and has fueled the growth of WBTC WBTC is also available on the Tron network Wrapped Bitcoin (WBTC) has surpassed the market capitalization of Bitcoin SV (BSV). This milestone was identified by the...

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...

Quick take: The number of daily active Tron wallets hit an all-time high in November According to DappRadar, this figure exceeded 150k Tron's total transaction volume in November was $578 million, a 13% decrease from October High-risk Dapps are a major contributor to Tron's transaction volume The blockchain network of Tron (TRX) experienced all-time highs in terms of daily active wallets. According to...

Quick take: Justin Sun announced the launch of wrapped Ethereum on the Tron Network The token goes by the ticker of ETHTRON The Wrapped Ethereum injects ETH's value on the Tron network It is available on Poloniex and redeemable on a 1:1 ratio with actual Ethereum The digital asset of Ethereum is now available on the Tron (TRX) Network. The project's founder and...

Quick take: Justin Sun has likened Ethereum to the iPhone and Tron to the Android operating system According to Justin, not everyone can afford an iPhone Android has thus emerged as the go-to platform for smartphones due to its lower cost In a similar manner, Tron will become the go-to platform for blockchain developers and users due to its cheaper transactions and scalability...

Quick take: In the month of October, Tron and Ethereum generated $280 million and $159 Million in transaction volume respectively Tron's daily active addresses increased by 248% in the month of October Ethereum's daily active addresses rose by 10% in the same time period TRONCHAIN and TRON2GET were the 2 Dapps behind Tron's impressive growth The month of October has been an active...

Quick take: The amount of Wrapped Bitcoin on Tron now stands at 15,000 This number is a 5x increment in less than a month BTCTRON now has 2,468 holders and users have transacted 46,397 using the digital asset Transactions on the Tron network have now exceeded 1.3 Billion This past week and when Bitcoin was breaking the $14k and $15k price ceilings, the...

Summary: Justin Sun and the Tron Foundation have pledged to honor all Tron based tokens still stuck on the OKEx exchange This includes TRX, BitTorrent (BTT), Just (JST) and Sun (SUN) tokens It has been over 2 weeks since withdrawals of all digital assets were suspended at OKEx The move by Justin Sun and the Tron foundation is meant to shield the Tron...

Summary: Tron has launched JustLink, an oracle on the Tron network to power smart contracts with real-time data JustLink is 'the answer for ChainLink on the Tron network' JST will be the native token of JustLink If JustLink is Tron's version of ChainLink, JST should thrive in the crypto markets just like LINK The team at Tron (TRX) and the JUST foundation has...

Quick take: Justin Sun has pointed out that the number of daily new accounts on TRON has increased by a factor of 20 since May this year The Tron ecosystem has been growing with BitTorrent recently acquiring the streaming platform of DLive.tv Tron is once again above the $0.026 price zone and could be on a path to retest $0.030 Tron's founder and...

Summary: Social media platforms such as Twitter, Reddit and Telegram can be used to gauge investor and trader sentiment in the crypto-verse According to the latest quarterly report by eToro, Ethereum's Tweet volume surged by 54% due to DeFi Similarly, Tron experienced a 228% Twitter growth due to DeFi However, Bitcoin still dominated in Q3 in terms of Twitter mentions Over the years,...

Quick take: Coinbase Custody has announced that it is exploring supporting multiple digital assets On the list is TRX and five popular TRON based tokens The latter include BitTorrent (BTT), Just (JST), Just Stablecoin (USDJ), WINK (WIN) and Sun Token (SUN) Coinbase Custody is a trusted crypto custodian with its core clients being institutional investors Support on Coinbase Custody could open the door...