TRON's blockchain saw a strong start to August with Protocol Revenue reaching $37.78 million in the first five days, averaging $7.56 million daily. The network's total accounts grew to 397.08 million, while Daily Active Users increased to 4.2 million, indicating heightened user engagement. Larger order sizes near TRX's current price suggest active whale traders, and staking also rose by 0.481% to 44.21 billion TRX. TRX is testing key support levels, which could influence whether it breaks out or consolidates further.
The TRON blockchain ecosystem has exceeded 402 million accounts, showing robust adoption with 4.4 million daily active addresses and holding $92.3 billion in USDT, nearly half of Tether’s market cap. This growth is supported by reduced smart contract...
Canary Capital announced its proposed Canary Staked TRX ETF, trading under ticker TRXS, is coming soon pending SEC approval. The ETF will stake nearly all held TRX tokens, retaining 80% of staking rewards after fees, and will be custodied by BitGo wi...
Tron has overtaken Ethereum as the leading network for USDT stablecoin, with its USDT supply reaching $94.27 billion after a $4 billion increase in the past month. Tron now hosts more than half of the global USDT circulation, driven by lower transact...
Robinhood Chain has surged ahead of major blockchain networks by generating over $4 million in revenue within 24 hours, according to DeFi analytics platform DefiLlama. This revenue is more than double that of the second-highest network, Canton, and o...
Bitcoin traded above $77,600, recovering from a recent dip, while XRP led gains with a nearly 3% rise to $1.36. Other cryptos like BNB and Solana also saw modest increases, but Ether lagged below $2,400. Despite the rebound, the broader crypto market...
