October has done little to help Tron’s [TRX] price action. At a global market cap of $2.166 trillion, the charts are flashing green but Tron appeared to be on the verge of exiting the top 30s crypto-assets. It was unable to make a challenge on the $0.1 level and settled below it. It had accumulated […]
Tron News
Tron [TRX] struggles to gather strength but user growth remains strong
Tron [TRX], which was once one of the top crypto-assets, has gradually fallen off the leaderboard. Despite the depreciation in terms of its price, user growth has been steady. Tron Foundation unveiled the semi-annual report of user growth and found a gradual increase in figures over the past seven months. The total number of accounts […]
Tron [TRX] lacks conviction near $0.1 despite the healthy bounce
After the severe meltdown triggered by China’s Evergrande, buyers have returned to the Tron [TRX] market. The broader cryptocurrency ecosystem is bouncing upward as well. TRX is yet to reverse its weekly losses of over 15%. Even as there are no clear upward goals, the volatility in the market is picking up suggesting temporary relief. […]
Tron [TRX] ETN debuts on Europe’s biggest Stock Exchange
Justin Sun-led Tron Foundation announced Tron’s [TRX] exchange-traded product has officially debuted on Xetra, which happens to be the electronic trading platform of Europe’s biggest Deutsche Börse German stock exchange. The new product is an exchange-traded note [ETN] dubbed ‘VanEck Vectors Tron ETN [VTRX]’ and is set to expand its foothold across Zurich, Paris, and […]
Tron Foundation and Valkyrie to set up a joint trust
Justin Sun led Tron Foundation partnered with Valkyrie investments to launch the Valkyrie Tron trust on September 17, 2021. According to the press release, the latest joint trust is the first of its kind offering by the Tron ecosystem in terms of global institutional-grade funds in recent times. The report stated that it will begin […]
Golden Cross drives Tron’s [TRX] uptrend, but a threat looms around the corner
Tron [TRX] is of the few crypto-assets that started on a positive note as the broader market flashed red. The latest development follows Justin Sun’s tweet wherein the founder of Tron Foundation teased the community on big news. Besides, TRX’s recovery has been impressive as it decoupled from the rest of the crypto market. It […]
Here’s why Tron [TRX] might face a slump despite an 11% surge
Tron [TRX] broke free from a crucial level of resistance. The crypto-asset slumped after establishing a local top of $0.09 on the 15th of August. However, TRX quickly flipped the narrative to climb $0.101, a level that was last seen on the 19th of May after rallying 10.55% over the past 24-hours. Even as the […]
Tron Foundation partners with Korea’s first multi-chain decentralized NFT wallet
NFT space has been soaring higher than ever. Running parallel to this trend, the Tron Foundation has announced completing integration with Korea’s first multi-chain decentralized NFT wallet, Talken. While Tron is yet to release an official statement on the latest partnership, it took Twitter to reveal that as Talken completes the deployment of Tron, the […]
Tron [TRX] faces downside pressure but bulls remain hopeful for further upside
Tron [TRX] has been consolidating after forming a local top on the 15th of August. Of late, the digital asset is feeling the pulling of the gravity once. It has been struggling to surge above the 20th May level having faced rejection just shy of $0.092. The volatility in the market has declined to depict […]
NFT social platform announces strategic investment from Tron Foundation
DeFine, a social NFT platform announced receiving a strategic investment from the Tron Foundation. The fund secured by the platform will be used primarily to develop products, NFT multi-chain ecosystem expansion, and the exploration of NFT-Fi and Metaverse. According to the official announcement, DeFine is one of the first non-fungible token platforms to raise investment […]