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
Tron (TRX), despite its historical resilience, has not emerged unscathed from the recent cryptocurrency market correction. The digital asset has recorded a 10.51% decrease in value over the past seven days, coinciding with Bitcoin’s descent below the $50,000 threshold. However, recent hours have shown signs of a modest recovery, prompting
The global cryptocurrency market continues to showcase strong activity, with institutional investments and significant transactions involving Tether’s stablecoin, USDT. Cumberland, a prominent player in the crypto space, has injected substantial funds into major exchanges, signifying renewed market momentum. According to Lookonchain, over the past 40 hours, Cumberland has received a
TRON’s fee revenue soared to a record-breaking $1.758 million on February 20, marking a significant milestone for the blockchain network. This significant momentum was propelled by the burning of 12,622,236 TRX tokens, a practice where transaction fees are eliminated by destroying tokens, aligning with TRON’s deflationary model. Following all-time revenue
In recent market activity, suspicions have arisen surrounding prominent figure Justin Sun, the founder of TRON, following a series of significant transactions involving sizable sums of various cryptocurrencies according to data from the prominent data aggregator, LookonChain. The suspicions were initially sparked when a wallet believed to be associated with
TRON, the blockchain platform known for its ambitious ventures in the cryptocurrency space, has made headlines with its latest announcement regarding a Bitcoin Layer 2 solution. Led by Justin Sun, a prominent figure in the blockchain community, TRON aims to enhance interoperability within the blockchain ecosystem by integrating various token
In the ever-evolving world of cryptocurrencies, investors are often on the lookout for opportunities that promise substantial returns on investment (ROI). While the crypto market is known for its volatility, it also presents the potential for remarkable gains. Here are three tokens that have the potential to provide a 2000%
