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As of today, Oct. 6, 2024, the countdown to the end of the year continues, with just 87 days left. Bitcoin (BTC) is holding strong at just over $62,000, although it’s still trailing 15.6% below its record high from seven months ago. Meanwhile, ethereum (ETH) is facing a steeper climb, currently priced at $2,432—sitting 50.2% … Read more
From January to September 2024, the total supply of stablecoins expanded significantly, increasing by 32.4%. Ethereum, which remains a key player in the space, saw its own stablecoin supply rise by 25.5%, amounting to $17.2 billion. Despite this growth, Ethereum’s dominance in the stablecoin market dropped slightly, from 51.9% to 49.1%, as the overall sector … Read more
TRON has reported its highest-ever quarterly revenue, reaching $577 million in Q3 2024—a 43% increase from Q2. Justin Sun, TRON’s founder, expressed optimism that Q4 will see even greater growth. This surge places TRON well ahead of its competitors, with revenue more than twice that of Ethereum ($253 million), five times higher than Solana ($105 … Read more
The Tron network has made waves by settling nearly $100 billion in on-chain volume last week, showcasing its impressive activity and growth. In a striking comparison, the network processed 2.39 million $USDT transfers yesterday—15 times more than Ethereum, underscoring its rising prominence in the crypto space. The @trondao network settled nearly $100 billion in on-chain … Read more
Vitalik Buterin noted that Celo’s second L2 testnet, Alfajores, will be upgraded to Ethereum L2 on Sept. 26. Go to Source
Over the past two years, TRON’s market cap has more than doubled, reflecting the strong growth and increasing usage across the network. Key metrics on @trondao are all trending upwards, highlighting the platform’s expanding ecosystem. In recent months, TRON has seen: Monthly fees totaling ~$220 million Monthly transactions hitting ~225 million Monthly active users reaching … Read more
Data from IntoTheBlock reveals a significant concentration of $TRX holdings among large holders, or whales, who control 56.56% of the total supply, translating to approximately 47.93 billion TRX. In contrast, smaller investors collectively own just 10.24% of the supply, which amounts to about 8.68 billion TRX. This stark difference highlights the dominance of a few … Read more
Tron, Tether, and TRM Labs have announced the creation of the T3 Financial Crime Unit (T3 FCU), a new initiative aimed at fighting illicit activity in the cryptocurrency space. The partnership, focused on public-private collaboration, seeks to improve security within the Tron blockchain and reduce the misuse of its tether (USDT) stablecoin. Crypto Giants Tron, … Read more
As August wrapped up, data from IntoTheBlock revealed that 97% of Tron ($TRX) holders are in profit, a remarkable indicator of confidence in the network despite ongoing bearish market conditions. Tron, a blockchain designed for building decentralized applications (dApps) similar to Ethereum, has been gaining traction, especially since the bear market began in 2022. While … Read more
Justin Sun’s SunPump community abandons LP token burning in favor of a more transparent, onchain buyback and burn process. Go to Source
