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Tron rises 26% in 3 months amid retail skepticism and stablecoin controversies

Market News
12 May 2026
Blockonomi
View Source
Bullish
pluang ai news

Tron (TRX) has surged 26% over the past three months, reclaiming the $0.35 price level for the first time since September 2025. Despite this price recovery, retail traders remain skeptical due to founder Justin Sun's controversial reputation, ongoing lawsuits, and regulatory scrutiny. The network's heavy involvement in stablecoin (USDT) transfers has raised concerns about illicit activity, reinforced by frequent Tether freezes on Tron addresses. Additionally, Tron’s ecosystem growth relies mainly on stablecoin and yield products, lacking exciting consumer applications, which has dampened retail enthusiasm. This persistent skepticism has limited retail buying pressure, allowing key stakeholders to push prices higher without triggering a typical euphoric rally and subsequent correction.

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Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...

Market News
Neutral
4 hours ago
US Treasury sanctions crypto addresses linked to Cuba; Tether freezes $131M USDT amid rising enforcement risks.

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Market News
Bearish
1 day ago
Anchorage Digital adds TRX staking and custody, opening TRON to institutional investors.

Anchorage Digital adds TRX staking and custody, opening TRON to institutional investors.

Anchorage Digital, the first federally chartered crypto bank in the US, now supports staking and custody for TRON's native token TRX and TRC-20 assets. This move provides institutional investors a regulated way to access TRON, a blockchain network wi...

Protocol Fundamentals
Bullish
1 day ago
TRON users can now send TRX directly to bank accounts via Oobit without exchanges.

TRON users can now send TRX directly to bank accounts via Oobit without exchanges.

Oobit has launched a new feature allowing TRON (TRX) holders to send TRX directly from their wallets to bank accounts using SEPA, ACH, and Faster Payments rails in Europe, the US, and the UK. This bypasses traditional exchanges, enabling near-instant...

Protocol Fundamentals
Bullish
2 days ago
Bitcoin dominance rises as altcoins weaken and crypto derivatives volume jumps.

Bitcoin dominance rises as altcoins weaken and crypto derivatives volume jumps.

Bitcoin and Ethereum prices dipped slightly while altcoins mostly fell, signaling cautious trading in the crypto market. Bitcoin's market share increased marginally to 58.42%, indicating a shift toward safer large-cap assets amid weaker altcoin deman...

Market News
Neutral
3 days ago
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