Tag Archives: TRX

Tron And Bitcoin: Will A Block Reward Cut Boost TRX Price?

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TRON founder Justin Sun has revealed that the network might reduce the TRX block rewards due to TRX’s rising price, sparking a discussion in the cryptocurrency community. Sun noted that this move is similar to Bitcoin’s halving mechanism, capturing the attention of investors who are wondering about the plan’s possible impact on traders. Tron: Reducing… Continue reading Tron And Bitcoin: Will A Block Reward Cut Boost TRX Price?→

Altcoin Transaction King? TRON Hits 42% Share As USDT, DeFi Explode

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Tron (TRX) is demonstrating its status as a dominant force in the realm of altcoin transactions. The network has established itself as one of the busiest blockchain networks by capturing a significant 42% proportion of all altcoin transactions. Tron’s dominance is becoming increasingly apparent due to its expanding role in decentralized finance (DeFi) and its… Continue reading Altcoin Transaction King? TRON Hits 42% Share As USDT, DeFi Explode→

Altcoins Continue To Surge Following Trump’s Victory – More Gains Ahead?

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The crypto market has been on an uptrend following the US elections in early November. In particular, the altcoins have responded quite positively to the election of pro-crypto candidate Donald Trump as the next US President. XRP, ADA, TON, Others Stand Out Amidst Bullish Altcoins Performance In its weekly report on November 22, blockchain analytics… Continue reading Altcoins Continue To Surge Following Trump’s Victory – More Gains Ahead?→

New High For TRON, But Bearish Signals Cast Shadows On The Rally

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The price of TRON (TRX) has been on an impressive run of late and established a double-top technical formation. Technical analysts typically utilize this pattern to forecast a trend reversal when an asset reaches its peak. Tron is currently trading close to its all-time high level, which has attracted traders’ attention to the double-top. TRX… Continue reading New High For TRON, But Bearish Signals Cast Shadows On The Rally→

TRON Reclaims Its Crown With 43% Dominance In Altcoin Transactions

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The TRON network has been making a notable impact across altcoin ecosystems, regaining its position as the leading blockchain for transaction volume among major altcoin chains. According to a CryptoQuant analyst known as ‘Maartuun,’ TRON has shown substantial transaction dominance recently, handling roughly 43% of transactions across major altcoin blockchains as of October 30. This… Continue reading TRON Reclaims Its Crown With 43% Dominance In Altcoin Transactions→

Tron Energy Needs Rise 100% In 3 Months: New All-Time High Incoming?

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Tron is now in the top 10 blockchains by market cap, flipping Toncoin and Cardano. While there were initial doubts about the network dying a natural death due to the then “superior” competitor Ethereum in the first few years, the smart contracts platform has surpassed expectations. Tron Energy Demand Doubles In 3 Months At spot… Continue reading Tron Energy Needs Rise 100% In 3 Months: New All-Time High Incoming?→

TRON Market Cap Hits Nearly $14 Billion On Strong Revenue Growth

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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 $13.5 billion. This marks the seventh consecutive quarter in which the token has increased its… Continue reading TRON Market Cap Hits Nearly $14 Billion On Strong Revenue Growth→

Tron Token Burn: 10 Million Gone—What Does It Mean For TRX Price?

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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 $0.1605, indicating a small increase. Analysts express optimism on TRON’s future, forecasting a 57% price increase during the next three months, and an even more remarkable… Continue reading Tron Token Burn: 10 Million Gone—What Does It Mean For TRX Price?→

Tron (TRX) Holds Green as Markets Fall: Can It Keep Going?

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Tron price is holding gains above the $0.1560 zone against the US Dollar. TRX is outperforming Bitcoin and could start a fresh increase above $0.1600. Tron is stable and holding gains above $0.1560 against the US dollar. The price is trading below $0.1580 and the 100-hourly simple moving average. There is a key bullish trend… Continue reading Tron (TRX) Holds Green as Markets Fall: Can It Keep Going?→

Ethereum Gains On Bitcoin Following Fed Rate Cut: Altseason Soon?

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Ethereum (ETH) price has outshined Bitcoin (BTC) over the last week since the US Federal Reserve (Fed) slashed interest rate by 50 basis points (bps) on September 18, 2024. Ethereum Gains On Bitcoin, Prelude To Altseason? Ethereum has had an impressive last few days as far as its price action is concerned. ETH has surged… Continue reading Ethereum Gains On Bitcoin Following Fed Rate Cut: Altseason Soon?→