TRON Reclaims Its Crown With 43% Dominance In Altcoin Transactions
The TRON network has been making a notable impact across altcoin ecosystems, regaining its position as the leading blockchain for transaction volume among major altcoin chains. According to a CryptoQuant analyst known as ‘Maartuun,’ TRON has shown substantial transaction dominance recently, handling roughly 43% of transactions across major altcoin blockchains as of October 30. This recent spike has pushed TRON to the top position for transaction processing in October, surpassing other major altcoin networks and highlighting its relevance in the current crypto market. Related Reading:....
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Tron (TRX) is demonstrating its status as a dominant force in the realm of altcoin transactions. The network has established itself as one of the busiest blockchain networks by capturing a significant 42% proportion of all altcoin transactions. Tron’s dominance is becoming increasingly apparent due to its expanding role in decentralized finance (DeFi) and its efficient system for managing Tether (USDT) transfers. Related Reading: Avalanche (AVAX) Overextended—Is A Market Shakeup Imminent? Tron’s Position In The Altcoin Market Tron has established itself as the foundation for....
Tron is on fire this year, beating even Bitcoin in price performance. Yes, you read that right. While Bitcoin’s usual dominance remains unchallenged in many aspects, Tron has outpaced it by a whopping 27% and the broader altcoin market by over 50%. The reason? A perfect storm of stablecoins, meme coins, and a new launchpad […]
According to recent news reports, Tron (TRX) outperformed both Bitcoin and Ethereum in terms of energy efficiency. TRX social dominance up TRX price down by 2.97% Future trends show TRX to plunge further Compared to Bitcoin, Tron uses 99.9% less energy (just 162,868 kWh). Being a major issue in the most recent session, crypto mining has been welcome publicity for Tron. The Tron DAO recently tweeted a link to a blog post where they provided an update on some of their on-chain metrics and informed their followers of the exciting development. Apparently, the number of accounts added has....
Tron (TRX) has been gaining significant attention recently, both for its strong fundamentals and its steady price action within a clearly defined uptrend. Despite market volatility across the crypto sector, Tron has consistently demonstrated resilience, supported by its growing ecosystem and dominance in the stablecoin market. Related Reading: Bitcoin OG Sells Another 4,000 BTC To […]
Many crypto investors are anticipating a full-blown altcoin season where many altcoins outperform Bitcoin altogether. This sentiment is revealed through different outlooks, especially now that the Bitcoin dominance has risen to a major rejection zone. However, Bitcoin dominance is telling a different story. Notably, Bitcoin dominance has broken back above the 63.96% region and is […]