Global #Tron

In a bold move, Justin Sun, the prominent Web3 leader behind the Tron (TRX) ecosystem, announced that the Tron DAO has invested $30 million into World Liberty Financial (WLFI), a project supported by Donald Trump.

Ethereum has overtaken Tron as the largest blockchain for Tether (USDT), the world’s largest stablecoin by market capitalization, following a 10% surge in USDT supply on Ethereum over the past week.

TRON (TRX), the popular blockchain platform, continues to make waves in the cryptocurrency market, with its native coin recently valued at $0.1986 and a market capitalization surpassing $17 billion.

Bangkok, October 29, 2024 – TRON DAO has announced its partnership with Chainlink by joining the Chainlink SCALE program, positioning Chainlink Data Feeds as the official oracle provider for the TRON blockchain ecosystem.

Tether (USDT) has continued its reign as the dominant stablecoin, setting a new milestone on the TRON network. In September 2024, TRON facilitated a staggering $424 billion in USDT transfers, making it one of the highest monthly transfer amounts ever recorded for the stablecoin.

TRON [TRX] has recently experienced a remarkable increase in monthly fees, soaring to an all-time high of approximately $200 million.

As of September, CoinGecko reports that the cryptocurrency ecosystem is significantly influenced by stablecoins, with Ethereum managing approximately $84.6 billion, representing 49.1% of the overall stablecoin supply.

Tron has recently announced significant financial results for the third quarter, showcasing a remarkable 43% growth from the previous quarter and an impressive total revenue of $1.66 billion over the past year.

A recent report by Messari highlights substantial developments in TRON’s performance for the second quarter of 2024. The blockchain network has demonstrated impressive growth, particularly in daily transactions and stablecoin adoption, positioning itself as a significant player in the blockchain ecosystem.

Tron's (TRX) price has been steadily climbing for over three weeks, indicating a breakthrough above a significant price threshold.

The Tron price is showing momentum as it surpasses the resistance level of $0.1220 against the US Dollar.

The Cardano Summit returns for the 3rd year in a row—and [Media outlet] is pleased to announce that it will be in the heart of the action as a Summit 2023 media partner.