TRON has reached a major milestone by hosting over $90 billion in circulating stablecoins, primarily USDT on TRC-20, making it the largest stablecoin deployment on any blockchain. In the past 30 days, TRON settled $681 billion in stablecoin transactions, averaging $23 billion daily, surpassing the market cap of many Layer 1 blockchains. This dominance is driven by low fees and high throughput, making TRON a key settlement layer for real-world payments, especially in regions with unreliable banking infrastructure. While this growth signals strong demand for TRX tokens, the network's reliance on USDT poses risks if regulatory or market shifts occur.
The crypto market cap rose about 1.2% to $2.28 trillion, with Bitcoin holding steady above $64,000 and most top coins posting modest gains. Improved sentiment follows Bitcoin's tough June, aided by renewed ETF inflows and easing fear in the market. A...
Bitcoin and Ethereum posted small gains while major altcoins showed mixed results, reflecting cautious investor sentiment and a preference for Bitcoin's relative stability. Bitcoin dominance increased slightly to 58.51%, signaling a defensive market ...
Bitcoin led a modest crypto rally, reaching nearly $63,000, driven mainly by spot buying rather than broad market enthusiasm. While Bitcoin and major altcoins like Ethereum, XRP, and BNB posted gains, activity in DeFi, stablecoins, and derivatives de...
Cryptocurrency markets display varied price changes, with Bitcoin trading near $62,833, up 0.99%, and Ethereum around $1,744, up 0.24%. Other notable coins like Binance Coin and Avalanche also show modest gains, while some altcoins experience slight ...
Bitcoin trades near $62,948 with a slight 0.19% gain, while Ethereum dips 0.16% to $1,752 amid steady equity indices, dollar, and Treasury yields. The crypto market stays in a narrow range as investors await clearer signals from upcoming Federal Rese...
