Tron founder Justin Sun has unstaked a total of 10,000 ETH from the Lido liquid staking protocol since August 26, moving about $12.3 million of that ether to Poloniex, an exchange he supports. While this shows some liquidity being freed up, Sun still holds a large position of roughly 238,000 stETH worth $594 million onchain. The movement to Poloniex is notable but not necessarily a sell signal since Sun controls the exchange. The pace of redemption suggests a slow unwinding of his staked ether rather than a full exit, keeping this story ongoing in the Ethereum staking space.
TRON has integrated with Polygon's Open Money Stack (OMS), allowing businesses to manage USDT stablecoin transactions through a single interface. This integration connects TRON's USDT ecosystem to US fiat systems and other blockchain networks, stream...
Polygon Labs has integrated TRON's network into its Open Money Stack platform, enabling businesses to use the $94 billion USDT stablecoin for seamless cross-border payments and transfers. This allows remittance firms, fintechs, and payment providers ...
TRON's native token TRX traded around $0.33 on October 7, showing mixed signals from derivatives markets. While funding rates were negative, indicating some bearish sentiment, long/short and taker ratios above 1 suggested stronger buying activity. Th...
Bitcoin fell about 1.5% to just above $84,200 amid escalating Iranian attacks on tankers, which pushed oil prices, Treasury yields, and the dollar higher. Other major cryptocurrencies like Dogecoin, Ether, and XRP also saw notable declines. A break b...
Canary Capital introduced the TRXS fund on Cboe BZX, allowing U.S. investors to gain exposure to TRON's TRX token through brokerage accounts. The fund holds TRX directly and seeks to earn additional TRX via staking, with rewards reflected in its net ...
