TRON's stablecoin market grew with supply reaching $89.2 billion and USDT transfers hitting $2.1 trillion in Q2, showing increased network use beyond just holding coins. Daily transactions and active addresses rose, boosting fees and revenue, indicating stronger adoption. However, TRX staking declined, increasing token availability and supply pressure, while TRX issuance outpaced burns, causing inflation and potential sell pressure. The network's growth depends on demand absorbing new tokens to avoid dilution.
Fireblocks has integrated TRON into its Flow payment infrastructure, enabling over 2,400 institutions to accept stablecoin payments directly from TRON wallets. This update, live since August 12, expands Flow's support beyond EVM chains, Solana, Sui, ...
Bitcoin fell to around $63,500 following July's inflation report that matched expectations, leading to a drop in the probability of a September Federal Reserve rate hike from 46% to 38%. The inflation data reassured markets but did not spark strong g...
Bitcoin fell to around $63,500 following July's Consumer Price Index data that matched analyst expectations, easing immediate concerns about Federal Reserve rate hikes but failing to boost crypto markets. The probability of a September Fed rate hike ...
Bitcoin fell to about $63,500 following a U.S. inflation report that matched expectations, easing concerns about immediate Federal Reserve rate hikes but failing to spark a strong crypto rally. The inflation data showed a 0.1% monthly rise and 3.4% a...
Ethereum's transaction volume is at an all-time high, but average gas fees have plummeted to near zero, reducing the network's fee revenue. This is due to successful scaling upgrades like Dencun and the upcoming Fusaka, which lower costs by shifting ...
