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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
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 $TRX holdings among large holders, or whales, who control 56.56% of the total supply, translating to approximately 47.93 billion TRX. In contrast, smaller investors collectively own just 10.24% of the supply, which amounts to about 8.68 billion TRX. This stark difference highlights the dominance of a few … Read more
As August wrapped up, data from IntoTheBlock revealed that 97% of Tron ($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
The memecoin wave on TRON is gaining momentum, and SunPump might just be the catalyst that sets off the next big thing. With the backing of TRON DAO and Justin Sun, SunPump is poised to lead the charge. If all goes well, we expect Tron and @sunpumpmeme to reach another ATH with users this week. … Read more
The stablecoin market has reached a remarkable milestone, surpassing $170 billion in market capitalization. $USDT continues to dominate, holding a substantial 70% share. However, the landscape is evolving, with new asset-backed stablecoins gaining traction. These innovative stablecoins are pegged to a range of assets, including gold, the euro, and the dirham, offering fresh opportunities for … Read more
The Tron network has recently made waves with the launch of its SunPump platform on August 9, sparking excitement among investors and traders. SunPump is the first meme fair launch platform on Tron, designed to capitalize on the growing popularity of memecoins. Are Tron Memecoins the next 100x opportunity? The Tron network launched the SunPump … Read more
Tron’s new memecoin deployer SunPump has just overtaken its rival, generating 59% more revenue than pump.fun in the last 24 hours. Go to Source
