The tokenization of assets is one of the areas of advancement in cryptocurrency finance which has been the most notable in the recent past. As can be seen from market trends Rexas Finance (RXS) is coming to the apex of this paradigm change. It is looking towards the swelling $16
Meme coins connected to large platforms like Solana (SOL) and Tron (TRX) have had declining returns in recent months, which analysts think will cause them to be no top selection for significant earnings in 2024. On the other hand, initiatives with practical value like Rexas Finance (RXS) are attracting both
As crypto scams increase in 2024, TRON, the decentralized blockchain platform, Tether, the issuer of the USDT stablecoin, and TRM Labs, a leading blockchain intelligence firm, have teamed up to launch the T3 Financial Crime Unit (T3 FCU). This new partnership is all about cracking down on illegal activities related
For much of 2024, nearly 98% of activity on the TRON network was attributed to stablecoins. However, since the release of Sun.pump on August 9, this has shifted dramatically. Sun.pump, a TRON-based platform allowing users to create community-centric memecoins, has triggered a surge in non-stablecoin activity. According to Crypto Quant,
On September 4, Justin Sun, the founder of Tron, announced on X that SunPump has burned over $8 million worth of SUN tokens from its supply, with an additional $4 million set to be burned soon. In the last 24 hours, over 28,999,138.3071 SUN tokens valued at $819K have been
Tron founder Justin Sun has stated that the SunPump meme token community has chosen to implement a 100% onchain buyback and burn operation. The decision was reached after a community debate that shifted focus away from burning liquidity pool (LP) tokens, as stated in Sun’s post on X. The principle
TRON’s native cryptocurrency, TRX, has reached a multi-year high of $0.1681, a level last seen in January 2018. This surge is closely linked to the TRON community’s recent decision to increase the network’s energy cap to 120 billion, a move that has significantly boosted network activity and reduced transaction fees.
Justin Sun, the founder of Tron, launched SunPump on August 13, positioning it as a competitor to Solana’s Pump.fun token generator. In just eight days since its debut, SunPump has generated over $1 million in revenue. As a memecoin deployer on the Tron network, SunPump has quickly gained traction, earning
The total amount of USDT tokens minted in the last year by stablecoin issuer Tether has reached $33 billion. Thanks to the addition of 1 billion USDT tokens on the Tron network. According to blockchain data, Tether minted $1 billion worth of USDT to its treasury wallet on August 20th
The Tron network founded in 2017 maintained an average of 7 million transactions per day with over 8.2 billion transactions. This network has now recorded an impressive 7.99 million daily transactions last week. The low gas fee of the network is one of the major reasons for the high number
