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Tag Archives: TRON

Lido Unveils Plans to Facilitate NFT Unstaking Using ETH Withdrawal Requests

Leading DeFi protocol Lido revealed that its NFT unstaking scheme would come full circle after the Ethereum Shanghai upgrade.  Prominent decentralized finance (DeFi) protocol Lido has announced plans to incorporate non-fungible tokens (NFTs) into its unstaking process. Yesterday, the largest DeFi protocol by total value locked intimated on the plans during its Node Operator Community Call #5. According to Lido, users will receive a transferable NFT that represents their request withdrawal...

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Tron (TRX) Price Analysis: Key Upside Break Above $0.065 Looms

Tron price started a fresh increase from the $0.057 level against the US Dollar. TRX price is now trading above $0.062 and the 55 simple moving average (4-hours). There was a break above a key declining channel with resistance near $0.064 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0685 resistance zone. TRON price started a fresh increase above $0.062 against the US Dollar, similar bitcoin. TRX price could rise...

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Telegram Integrates Tether (USDT) Payments on Tron Network

Telegram has added a new feature enabling users to send each other the world’s largest stablecoin, tether (USDT). USDT runs on several blockchains, but for now, Telegram has added support for the stablecoin only on Tron. According to an update on March 22nd, USDT-TRON – TRC20 – has been added to the popular messaging app’s wallet function, thereby expanding its payment capabilities for buying and selling crypto. USDT is the third crypto-asset joining Bitcoin and The Open...

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Tron (TRX) Price Analysis: Trend Turns Bullish Above $0.065

Tron price started a fresh increase from the $0.055 level against the US Dollar. TRX price is now trading above $0.06 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.066 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.070 resistance zone. TRON price started a fresh increase above $0.062 against the US Dollar, similar bitcoin. TRX price could rise...

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Tron (TRX) Price Analysis: Risk of Downside Break Below $0.066

Tron price started a fresh decline from the $0.0705 level against the US Dollar. TRX price is now trading below $0.0680 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0678 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.0660 support zone. TRON price started a fresh decline below the $0.0680 against the US Dollar, similar bitcoin. TRX price could accelerate...

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Tron (TRX) Price Analysis: Bulls Aim Fresh Increase To $0.075

Tron price started a fresh increase from the $0.066 level against the US Dollar. TRX price is now trading above $0.068 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0680 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.070 resistance zone. TRON price started a fresh increase above $0.068 against the US Dollar, similar bitcoin. TRX price could rise further if it...

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Tron (TRX) Price Analysis: Bulls Aim $0.072 or Higher

Tron price started a fresh increase above the $0.062 level against the US Dollar. TRX price is now trading above $0.064 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0640 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0675 resistance zone. TRON price started a fresh increase above $0.062 against the US Dollar, similar bitcoin. TRX price could rise further if...

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Tron Generated $48 Million in Revenue in Q4, 2022: Research

According to figures provided by Messari, the decentralized digital platform – Tron – made a revenue of $47.9 million in the last quarter of 2022, a 25% increase compared to Q3.  The entity also recorded a surge of average active daily addresses and average daily transactions. Better Results Despite the FTX Collapse In its most recent research, Messari outlined that 2022 has been a “rollercoaster” year for the cryptocurrency sector. Unfavorable macroeconomic conditions took...

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