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.
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...
Cryptocurrency markets fell amid rising US-Iran tensions, with Solana and Tron dropping over 3%, while Bitcoin showed resilience, declining only about 1% near $77,500. The broader sell-off was driven by global macroeconomic concerns, including rising...
