2022-6-16 08:05 |
Another algorithmic stablecoin appears to be in danger of losing its peg following the UST-Terra debacle. Investors are also currently in fear of having to face the same fate as Terra’s UST historical fall.
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SunSwap, TRON’s decentralized trading protocol, is experiencing a resurgence in transaction activity. The platform first captured significant attention earlier this year, peaking in August 2024 with over 500,000 daily transactions.
The TRON network has recently experienced a surge in activity, driven by the minting of $1 billion in USDT, bringing TRON’s total USDT supply to roughly $62. 8 billion from a previous $48. 8 billion.
Tron’s blockchain has seen remarkable progress, with its native token, TRX, surging to a yearly high as the network achieved its second-largest monthly revenue on record. Data from CryptoSlate shows that TRX reached $0.
The amount of Energy on the TRON DAO network has doubled over the past three months, signaling increased capacity for smart contract activity. Energy is essential for executing smart contract transactions on TRON, and with more Energy available, the network can handle higher demand while mitigating cost spikes during periods […]
TRON, with its native token TRX, has been on a tear in the last few months, with its impressive market cap growth. Based on Messari’s tracking for Q3 2024, TRX’s market capitalization increased by 24%, from nearly $11 billion to $13.
TRON (TRX) recently garnered attention by incinerating over 10 million tokens, demonstrating its dedication to a deflationary approach intended to enhance its value. Currently, TRX is trading at roughly $0.
Tron’s market structure is still looking bullish from a long-term perspective. After taking a little break in buying, it recently initiated another rally after going through a short retracement.