Tag: tron network

Jul 11 2022

How Did TRON Emerge as a Leader in DeFi?

Jul 11 2022 Published at Altcoin Buzz under tags  defi tron network usdd

On May 11th, 2022, the Terra ecosystem crumbled with the de-pegging of $UST. Its total value locked (TVL) fell from a high of $31.35 billion to a measly $14.93 million today. Needless to say, Terra has lost its 2nd place in the DeFi TVL ranks. Yet, TRON has risen through the TVL ranks from the ashes of Terra's fall. Today, we look closely...

Jun 25 2022

Tron’s (TRX) Total Accounts Hits a New Milestone of 100M As the Project Celebrates its 4th Anniversary

Summary: The total number of accounts on the Tron blockchain has hit a new milestone of 100 million. Tron is also celebrating its 4th Anniversary as an independent chain after migrating from Ethereum on June 25th, 2018. The total number of accounts on the Tron blockchain has hit a new milestone of 100 million. The team at Tron DAO highlighted the milestone through...

Jun 14 2022

What’s Next For TRON After Its Massive Dumping?

Jun 14 2022 Published at Altcoin Buzz under tags  technical analysis tron network usdd

Over the last two weeks, TRON's decentralized stablecoin has made news due to the over-collateralization of USDD. The stablecoin, on the other hand, was de- pegged today, falling over 1% from its $1 peg. The current situation of the cryptocurrency market is a frenzy, with tokens surviving on the smallest price fluctuations. Just weeks after the Terra blockchain and its token UST collapsed, the...

USDD De-peg, Does It Drag Tron Down?

Tron's stablecoin, the USDD, is de-pegging since yesterday. The current price is around $0.979. At the same time, the TRX token takes a hard fall as well. It's down 17.8% since yesterday. Although, there is a slight recovery. It looks like the Terra Luna/UST scenario. But is it for real? The de-peg seems more stable than the UST situation. Does Justin Sun, the...

May 08 2022

Just Network, Quietly Helping TRON to Grow

May 08 2022 Published at Altcoin Buzz under tags  defi just network tron network

TRON is currently working itself into the spotlight, which proves that it's a very active chain. TRON has more activity than many people may know or think, where one part of the TRON ecosystem is Just Network (JST). They have been working on the background, almost on the sly. Once they were small, however, now they are getting bigger. In other words, Just...

Apr 22 2022

TRX Price Prediction

Apr 22 2022 Published at Altcoin Buzz under tags  technical analysis tron tron network trx

TRON is a blockchain-based operating system with the goal of making blockchain technology suitable for everyday use. Unlike Ethereum, which can handle up to 25, TRON says that its network can manage 2,000 transactions per second. TRON has positioned itself as a place where content creators may directly communicate with their viewers. It is believed that by eliminating centralized platforms —...

Mar 25 2022

Tron Leads Ethereum in USDT Circulation

Of the 9 blockchains that issue stablecoin USDT, one just hit the $40 billion milestone. And it wasn't Ethereum with their ERC-20 version. It was TRON with their TRC-20 version. This is a big surprise to most people but not those that use USDT regularly. USDT reports on volume all the time. Tron is often near or equal to ETH in circulation. But...

Jul 08 2021

Tron’s (TRX) Daily Transaction Count Has Grown by 522% in One Year

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...

Jul 04 2021

Tron’s (TRX) Total Value Locked in DeFi Exceeds $8B

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...

Jul 01 2021

USD Coin (USDC) Issued on Tron (TRX) Exceeds $100 Million

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...

Jun 17 2021

Tron (TRX) Ranks 1st in Transactions Per Second, Eclipsing ADA and XRP

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...

Jun 12 2021

Tron (TRX) Hits a New Milestone of 5.26M Daily Active Users

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...

May 13 2021

Justin Sun: Tron is the Most Energy Efficient Network for Transactions

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...

Apr 30 2021

Tron Plans to Launch a Cross-Chain Scaling Solution Known as Apollo

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,...

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