Tron Snags 2nd Place In TVL

The native currency of the Tron network, TRX, is one of the few cryptocurrencies in the current altcoin market to experience a price hike. As of this writing, TRX has gained 0.2% on a daily basis, with a 6.1% increase seen on a monthly timeframe. A recent development might have something to do with this, as it pertained to the TRX environment. According to a tweet, the ecosystem has reportedly passed Binance’s BSC to become the No. 2 cryptocurrency in terms of total value locked. Despite this progress, the price…

Tokens Like Tron, Algorand, and Big Eyes Coin Are Proof That Cryptocurrency Has a Bright Future

Place/Date: – December 7th, 2022 at 12:58 pm UTC · 3 min read Source: Big Eyes Coin Photo: Big Eyes Coin In October 2021, cryptocurrency was at an all-time high: the market capitalization and the price of Bitcoin were soaring to new highs. Following record-breaking numbers in November, things were going well, the crashes in the market in 2022. Since the slump happened, the emergence of new tokens has not halted. The influx of new cryptocurrencies is a sign that there is still life left in the industry. If you’re…

TRON Ecosystem To Undergo Changes

As the newest committee proposal nears completion, Tron will undergo dramatic changes. An update tweet states that the fee cap for smart contracts will be raised from 10,000 to 15,000 TRX coins. The developers believe this would mitigate the risk connected with smart contracts by reducing the number of low-value smart contracts created on the ecosystem. At the same time, it will greatly increase the #TRX staking rate and burning volume, further expand the #TRX deflation rate to 3.17%, and the annual burning volume of #TRX on the #TRON network will…

TRON Upbeat And Registers $1 Billion In Stablecoin Inflow

TRON (TRX) remains in a stagnant phase, refusing to make any kind of momentum for an upward run despite a number of positive developments that, in many cases if not all, should have helped trigger a significant price movement. Let’s consider this summary: TRON’s seven-day jump was less than 2% During the last 30 days, TRX has already lost 12% of its value Tron blockchain enjoys a significant boost in its stablecoin inflow Instead, the asset continues to consolidate within a narrow range and is not showing any signs of…

Tron Adds 1.75M New Addresses In Last 7 Days As TRX Rebounds

TRON (TRX) took a heavy hit during the first half of November following unfortunate events such as the implosion of FTX, an exchange that was once considered the third largest in the world. According to data provided by Coingecko, from its $0.064 price on November 6, TRX went on a steady decline until it plummeted to $0.046 on November 14. After that, the cryptocurrency managed to stage a rebound and continues to do a relatively good job at recovering its losses. In fact, at the time of this writing, TRON…

Tron Price Prediction for 2022, 2023 to 2030

TRX is one of the legacy digital currencies around today but which have also been impacted by the ongoing crypto winter. The digital currency ecosystem has evolved over the years and despite the twists and turns, it has become a self-sustaining industry where users earn both passive and active from. The industry’s growth has seen the emergence of unique avenues to make money including staking, mining, yield farming, lending, and borrowing. Besides these established avenues for earning profits, newer ways are emerging featuring blockchain gaming. In this reality, users are…

Tron Latest Update Seen Giving TRX Price A Boost

Investor interest in Tron is growing as the protocol receives updates. The new Java-tron GreatVoyage-4.6.0 upgrade, codenamed Socrates, is a required update that includes crucial enhancements that greatly improve the protocol’s ability to utilize storage. Since time is of the essence, here is a quick rundown of TRX: Major new enhancements that will smooth out the protocol’s operation have been released The proposal from PancakeSwap has the potential to be a strong positive catalyst Current price action is negative, but a reversal would be bullish 📢Java-tron GreatVoyage-4.6.0(Socrates) has been released!…

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TRON Total Number Of Accounts Hit 120 Million: Weekly Report

TRON, the native cryptocurrency of the blockchain network bearing the same name, continues to struggle as it fails to break free from its bearish momentum. According to tracking from Coingecko, the 16th largest cryptocurrency in terms of market capitalization is trading at $0.050 at the time of this writing. For the past seven days, the altcoin has dropped by almost 10% while over the last two weeks its value has declined by 20.2%. On a month-to-date gauge, the digital asset has dumped 17.8% of its spot trading price, painting its…