Category: TRX

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Tron Latest Update Seen Giving TRX Price A Boost – Here’s Why

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…
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Biggest Movers: ALGO Nearly 10% Higher, TRX Extends Recent Gains

Algorand has been a notable exception in what has been a relatively bearish start to the weekend. On Nov. 19, the token rose by nearly 10%, as cryptocurrency markets mostly traded lower. Another noteworthy exception was tron, which climbed for a second consecutive day. Algorand (ALGO) Algorand (ALGO) was a notable gainer on Saturday, as…
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Tron-based tokens sell at 1200% premium as FTX users scramble to withdraw

The JST token in particular is trading for a premium of around 1,200%, while BTT and TRX have inflated at least 500% apiece. Tron-based tokens such as JUST (JST) have surged as much as 1000% on FTX, as users scramble to find ways of extracting locked-up liquidity from the beleaguered exchange.  At the time of…
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TRX’s USD Exchange Rate Jumps 270% Higher on FTX After Exchange Brokers Deal With Tron

On Thursday, at approximately 12:48 p.m. (ET), the embattled exchange FTX revealed that it has created a special facility with Tron. The deal allows holders of specific Tron-based coins to withdraw the tokens to external wallets on a 1:1 ratio. While coin market aggregation sites say tron tapped a high of $0.06 per token on…
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Tron’s stablecoin USDD loses dollar peg on suspected selloff by Alameda Research

Wallets associated with Sam Bankman-Fried’s Alameda Research could be behind the dollar de-peg, alleges Tron’s founder. In April 2022, the Tron network launched USDD, a token pegged to the U.S. dollar, as an “over-collateralized stablecoin,” meaning its likelihood of slipping below $1 should be lower due to excessive reserves backing its valuation. USDD stablecoin slips below…
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Tron Transaction Volume Balloons To 5.3 Million In Q3, But There’s Still Doubts Ahead

Once a week, the official Tron Twitter account would tweet out an update for the world to see. The events of the past week, the post claims, have provided Tron with new possibilities. Also during the quarter, Messari published their own report on Tron’s performance. As more data on the token’s side are investigated, the…
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Tron Hits Record 117 Million Users, But TRX Price Increase Is Mediocre

Tron (TRX) managed to pull a Bitcoin-like feat almost two weeks ago when it became a legal tender for the Commonwealth of Dominica. The 16th largest cryptocurrency in terms of market capitalization successfully replicated Bitcoin’s feat when it became a legally accepted tender within the territories of El Salvador. TRX price slightly corrects after surging…
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Tron TRX Price Prediction as Binance Adds TRX to Index – Time to Buy?

Tron price has remained relatively unchanged over the last 24 hours. The smart contracts token dodders at $0.0625 on Tuesday. A bullish breakout may occur if TRX manages to stay above the support at $0.0620. With an ascending triangle pattern waiting for validation on the four-hour chart, Tron price may complete a 10% move from…
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Biggest Movers: QNT Hits 10-Month High on Saturday

Quant rose to its highest point since the start of the year on Saturday, as prices climbed for a third straight session. In addition to this, tron was also higher, as the token attempted to break out of a key resistance point. Overall, cryptocurrency markets were down 1.95% as of writing. Quant (QNT) Quant (QNT)…
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Biggest Movers: TRX Hits 4-Week High, MKR Remains Close to 2-Month Peak

Tron rose to a one-month high in today’s session, hitting a key resistance point in the process. The surge in price comes despite cryptocurrency markets trading mostly lower on Monday. Another exception to this decline was maker, which remained close to an eight-week high. Tron (TRX) Tron (TRX) surged to a four-week high to start…
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