The surge in meme coins significantly contributed to Tron’s record revenue of $151.2 million in Q3 2024. According to a report by Messari, the latest figure marks a 29% increase from the previous quarter. This growth can be largely attributed to the launch of SunPump, a platform designed specifically for launching meme coins. Activity on SunPump started to surge on August 16 and escalated dramatically in the following two weeks. Between August 16 and August 31, Messari...
Read More »Important Binance Announcement Concerning Tron (TRX) Holders: Details
TL;DR Binance will pause deposits and withdrawals on the Tron Network on October 10 for scheduled maintenance. TRX is up 60% this year, with most holders in profit. Announcement for TRX Traders The world’s largest crypto exchange will perform wallet maintenance for the Tron Network on October 10. The effort is supposed to take approximately one hour, during which TRX deposits and withdrawals will be unavailable. Binance assured that services will be resumed once the process...
Read More »Tron (TRX) Long-Term Holder Addresses Have Spiked 237% in the Past Year: ITB
The number of addresses holding Tron’s native token TRX for the long term has skyrocketed over the past 12 months, according to data from the blockchain intelligence firm IntoTheBlock. A tweet from the market analytics platform revealed that the Tron network currently has nearly 90 million long-term holder addresses, representing a 237% increase in the past year. TRX Long-term Holders Are Increasing IntoTheBlock said the increase in TRX’s long-term holder addresses shows...
Read More »TRON (TRX) and Dogecoin (DOGE) Placed in This Prestigious Ranking: Details
TL;DR TRON was among the most talked-about crypto topics in the last week due to various potential reasons. AI-related cryptocurrencies and the GameFi sector also gained attention, with several tokens experiencing significant price increases over the same period. Those Making the Biggest Waves According to crypto analytics platform Santiment, the top 3 crypto social narratives that have created the most impression in the last seven days include bitcoin’s price, TRON, and...
Read More »We Asked ChatGPT if Tron (TRX) Can Hit an ATH This Year
TL;DR TRX surged to over $0.16 earlier this week, becoming the 11th largest cryptocurrency, likely boosted by activity from the SunPump protocol. The token’s price is gradually approaching its all-time high, with further growth dependent on market conditions and potential partnerships. TRX’s Impressive Rally TRX – the native token of Tron – has been among the top-performing cryptocurrencies lately. Earlier this week, its price exceeded $0.16 for the first time since April...
Read More »XRP, SHIB, TRX Price Predictions for This Week
This week, XRP, SHIB, and TRX entered greed territory. TRON took the lead with an impressive 27% price increase. Chart by TradingView1. TRON/USD In a surprising turn, TRX is approaching its all-time high at 18 cents. This is a key target for the current rally, which has made the chart bullish. This latest push comes after a successful breakout above 15 cents, which is now a key support. Chart by TradingViewTron is standing at $0.16 at press time. 2. XRP/USD XRP started the...
Read More »Tron Fee Revenue Hits ATH $1.758M High: Data
According to Tronscan data, Tron’s fee revenue soared to a record-breaking $1.758 million on February 20th. Tron’s revenue stems from fees levied on transactions, which are subsequently burned. This revenue is determined by multiplying the daily quantity of TRX burned by the closing price of TRX on CoinMarketCap. On the same day, the Tron network burned a total of 12,622,236 TRX. This milestone essentially underscored Tron’s growing adoption and activity within its network,...
Read More »BitTorrent (BTT) Explodes by 100% In Hours Following Broader Market Rally
TL;DR BitTorrent (BTT) exploded by a whopping 100% in the past few hours. This follows a broader market increase where numerous cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA), experienced significant gains, with Bitcoin reaching $44,000 for the first time in 19 months and others hitting yearly peaks. Catching Crypto’s Green Wave Numerous crypto assets are well in the green today (December 6), with Bitcoin (BTC), Ether...
Read More »Tron (TRX) Soars 8% Daily While Bitcoin Flatlines at $30K (Market Watch)
The past 24 hours in the cryptocurrency markets saw the total capitalization increase by some $6 billion. In other words, not much happened. Some of the major coins are charting ever-so-slight gains, but in general, the trend remains largely rangebound. Bitcoin remains indecisive at $30K and unable to escape that range, but let’s see how it all fared. BTC Price Flat at $30K As you can clearly see in the chart below, the past 24 hours didn’t provide anything of substance when...
Read More »Crypto Price Analysis May-26: ETH, XRP, ADA, TRX, and LTC
This week, we take a closer look at Ethereum, Ripple, Cardano, Tron, and Litecoin. Ethereum (ETH) Ethereum’s volatility increased this past week but failed to break above the key resistance at $1,820. For this reason, the price is at a similar point to last week. This consolidation under the key resistance is unlikely to last, and bulls appear eager to break away. On Tuesday, buyers briefly took the price over the key level, but sellers were quick to reverse the price action...
Read More »