Tag: tron foundation

Jan 21 2021

Over $9.3 Billion Tether (USDT) has Been Issued on Tron (TRX)

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...

Dec 05 2020

Tron’s Daily Active TRX Wallets Hit All-Time Highs in November

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...

Nov 27 2020

Ethereum is now a Wrapped Token on the Tron (TRX) Network

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...

Nov 20 2020

Ethereum is Like iPhone, Tron (TRX) is Like Android – Justin Sun

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...

Nov 06 2020

The Tron (TRX) Network Now Hosts 15k Wrapped Bitcoin

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...

Nov 02 2020

Tron Fdn. To Compensate TRON Community in OKEx Worst Case Scenario

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...

Oct 24 2020

Justin Sun: Tron’s Daily New Accounts Have Increased by 20x Since May

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...

Oct 08 2020

Report: Tron (TRX) Needs to Start Moving Soon or Become a Sinking Ship

Quick take: The team at UpBlock has done a macro analysis of Tron in which they conclude that TRX needs to start moving soon or risk becoming a sinking ship Furthermore, Tron has demonstrated 'disappointing price action and no clear movement or bullish signs' TRX is currently trading above the $0.025 support zone with the daily chart pointing towards more sideways The team...

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