TRON Doubles Down on TRX as Rising On-Chain Activity Supports Price Recovery
Tron Inc.’s recent moves in the TRX market are drawing attention at a time when investors are searching for signals beyond short-term price swings. Over the past week, the NASDAQ-listed company has steadily increased its exposure to TRX, while on-chain data points to sustained network usage. Related Reading: After Predicting XRP’s Drop, Analyst Says The Bottom May Be In Concurrently, these developments have helped stabilize the token after weeks of weakness, even as broader market caution remains visible in trading volumes. TRX's price trends to the downside following an important surge as....
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Tron (TRX) is consolidating this week as the broader crypto market braces for the upcoming US Federal Reserve decision on interest rates and quantitative tightening (QT). Investors are treading carefully, with uncertainty surrounding whether the Fed will maintain its restrictive stance or pivot toward easing—an outcome that could shift liquidity flows across digital assets. Despite the cautious market mood, on-chain data from CryptoQuant highlights a powerful surge in Tron’s network activity that stands out from the rest of the market. Related Reading: Bitcoin Breaks Above STH Realized....
In part of TRON DAO’s long-term plan to promote the mass adoption of blockchain technology and cross-chain solutions, TRON DAO and BitTorrent Chain (BTTC) announced the launch of the TRON Grand Hackathon 2022, along with its new TRONDAO Forum. The Hackathon registration starts on February 14 and ends on March 7, for all new entrepreneurs, […]
Once a week, the official Tron Twitter account would tweet out an update for the world to see. The events of the past week, the post claims, have provided Tron with new possibilities. Also during the quarter, Messari published their own report on Tron’s performance. As more data on the token’s side are investigated, the research claims that the future of the protocol is bright, but that mixed signals are spreading doubt to fans and investors. This can be worrisome since low confidence can lead to a sell-off, which can further drive the token’s price down. Even while there....
Despite ongoing consolidation across the broader crypto market, Tron (TRX) has managed to maintain a steady upward trajectory. The token has recorded a 2.6% increase over the past two weeks and is currently trading at $0.2495, reflecting a 0.7% uptick in the last 24 hours. This relative strength comes at a time when several major altcoins are experiencing muted price action. Tron’s stability amid broader volatility has drawn the attention of market participants analyzing on-chain dynamics for insight into potential future moves. Related Reading: Tron And Bitcoin: Will A Block Reward Cut....
Tron continues to showcase its relevance and position as one of the leading blockchains in the broader cryptocurrency sector as activity on the network surges sharply. In terms of USDT transfers, the network is making the headlines, recording significant addresses involving the stablecoin leader. 41 Million New USDT Minted On Tron As Tron gains traction, […]