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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
Recently, attention has shifted towards TRON, especially following the launch of @sunpumpmeme. The @trondao ecosystem has witnessed significant growth, with a 124% increase in transactions ranging from $100 to $10,000, likely fueled by the growing excitement surrounding @sunpumpmeme. The @trondao ecosystem has experienced a 124% increase in the number of transactions valued between $100 and … Read more
Justin Sun and his associated companies are “not challenging the ‘common enterprise’ element of the Howey test,” ruled the New York District Judge. Go to Source
Based on recent market data, the cryptocurrency cardano (ADA) has fallen out of the top ten rankings, making way for tron (TRX) to take its place. ADA has struggled to hold its ground among the leading cryptocurrencies this year, and in the past 30 days alone, it has dropped 23% against the U.S. dollar. Once … Read more
In July 2024, TRON experienced significant growth across multiple metrics, showcasing its continued dominance in the blockchain space. Fees and revenue saw a 12.1% increase, while TRX market data indicated positive trends. The network recorded over 212 million transactions and welcomed 6.7 million new addresses, underscoring TRON’s robust user engagement. TRON Income Statement For July, … Read more
