After a strong surge, Tron [TRX] managed to reverse a significant amount of losses as it steered clear of its nearest support area. With a market cap of $1.40 trillion, the cryptocurrency market has seen a resurgence of bullish pressure despite resistance at higher levels. After a mixed start to the day, Tron’s [TRX] daily […]
Tron News
Tron-based JustSwap attracts more users than Polygon’s DEX QuickSwap
Tron-based automated liquidity protocol, JustSwap has clocked in more unique active users in its platform than the Polygon-based decentralized exchange, QuickSwap. For the longest time, QuickSwap has held the second position in DappRadar exchange rankings in terms of users. However, according to the latest chart by the digital analytics firm, JustSwap has managed to “swoop […]
Tron [TRX] Shows no Clear Cues after Nearing $0.06
Tron [TRX] bulls appear ready for a leg up as the crypto-asset cut down its weekly losses to a little over 7%. As the chase towards the upside began for most cryptocurrencies, the cumulative market cap held its fort above $1.30 trillion as demand rose. Tron has failed to post significant moves lately it remained […]
Tron [TRX] returns focus on downside beneath $0.06 despite uptick in volatility
Tron [TRX] continued to decline as sell pressure pulled the crypto-asset towards critical support levels. Its weekly losses extended to 12.30%. The bears are offloading their tokens even on minor rallies. This is not just true for TRX but also for the rest of the cryptocurrency market as the cumulative valuation plummeted to $1.32 trillion. […]
Tron [TRX] struggles to mount strong defense near $0.06 despite recovery
The mild recovery of the crypto market to $1.40 trillion, has catapulted the price of Tron [TRX] along with the rest of the altcoin market. Over the past couple of days, the digital asset has attracted profit-booking by short-term traders and shorting by aggressive bears which extended its weekly losses to 7.07%. It would be […]
Tron’s [TRX] price fall into a lull ahead of imminent death cross
After a rather choppy price action, Tron [TRX] slipped to the 25th position on the leaderboard. The crypto-asset slashed most of its weekly gains which now stood at 0.28%. The market has been pretty stagnant and there were no hints of an upswing. After posting sharp gains, the collective crypto market cap hit a slump […]
USDC on Tron Blockchain Hits $111 Million 4 days after expansion
USDC activity on the Tron [TRX] blockchain has hit a milestone already. As per the latest stats on Tronscan, the world’s second-largest stablecoin’s circulating supply reached $111.68 million on the 4th of July. This news comes just four days after CENTRE, the consortium run by cryptocurrency exchange Coinbase and payments firm Circle, announced that USDC […]
Tron among 10 blockchain platforms stablecoin USDC plans to expand
Tron has been chosen as one of the ten blockchain platforms that Centre has enabled its members to issue the stablecoin USDC. Center is a consortium that is operated by cryptocurrency exchange Coinbase and payments firm Circle. Initially launched on the Ethereum blockchain, USDC was slowly expanded across other platforms such as Algorand, Stellar, and […]
Tron blockchain sees growth even as TRX lurks below 20th spot
Tron [TRX] has emerged as one of the most popular blockchains today. It has bellwether for public chains in China. In the latest development, its blockchain height surpassed 31.35 million this week as the total nodes across the TRX network exceeded 1,330. As revealed in the Tron weekly report, in the past week itself the […]
Tron [TRX] Exhibits Bullish Cues After Recovery Along $0.06-level
As the market showed signs of recovery from a bear market correction, Tron [TRX], an unlikely contender, emerged as one of the best performing crypto-asset after weeks of trading on a bearish note. As a result, the digital asset’s weekly losses declined to 10%. The swift rebound may be attributed to accumulation occurring at lower […]