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TRX Price   

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TRX

TRON  

#TRX

TRX Price:
$0.07
Volume:
$0.2 B
All Time High:
$0.29
Market Cap:
$6.0 B


Circulating Supply:
91,780,896,228
Exchanges:
84
Total Supply:
91,780,896,348
Markets:
247
Max Supply:
Pairs:
106



  TRX PRICE


The price of #TRX today is $0.07 USD.

The lowest TRX price for this period was $0, the highest was $0.065, and the current live price for one TRX coin is $0.06534.

The all-time high TRX coin price was $0.29.

Use our custom price calculator to see the hypothetical price of TRX with market cap of ETH and how the supply affects the price of TRX at different market capitalizations.


  TRX OVERVIEW


The code for TRON is #TRX.

TRON is 5.4 years old.


  TRX MARKET CAP


The current market capitalization for TRON is $5,996,609,858.

TRON is ranked #18 out of all coins, by market cap (and other factors).


  TRX VOLUME


There is a very large daily trading volume on #TRX.

Today's 24-hour trading volume across all exchanges for TRON is $181,236,316.


  TRX SUPPLY


The circulating supply of TRX is 91,780,896,228 coins, which is 100% of the total coin supply.

TRON has a relatively large supply of coins, 755 times larger than Ethereum's supply, as an example.


  TRX BLOCKCHAIN


TRX is the native coin for the Tron blockchain.

View the full list of Tron blockchain tokens.


  TRX EXCHANGES


TRX is well integrated with many pairings with other cryptocurrencies and is listed on at least 84 crypto exchanges.

View #TRX trading pairs and crypto exchanges that currently support #TRX purchase.


  TRX RESOURCES


Websitetron.network
Whitepapero836fhe91.qnssl.com/tron/whitebook/TronWhitepaper_...
Twittertrondao
Redditr/Tronix
TelegramtronnetworkEN
DiscordezNzd9W
Mediumtronfoundation
Instagraminstagram.com/tronfoundation


  TRX DEVELOPER NEWS



TRON Weekly Report 11.28–12.04 International Version

14 languages supported: Arabic, Dutch, English, French,German, Hindi, Japanese, Korean, Russian, Spanish, Simplified Chinese, Traditional Chinese, Turkish, Vietnamese. — Arabic. — — Dutch. — — English. — — French. — — German. — — Hindi. — — Korean. — — Japanese. — — Russian. — — Spanish. — — Simplified Chinese. — — Traditional Chinese. — — Turkish. — — Vietnamese.




TRON has become a DAO since Dec 2021

TRON has officially become a decentralized autonomous organization (DAO) since Dec 2021. The TRON network is a decentralized blockchain protocol that does not collect user data nor does it maintain any private information about user demographics. There is no way for the TRON DAO to exert control over its user composition nor does any other decentralized blockchain network. Tron Network Ltd. does not represent the entire DAO. The BVI entity is merely one of the many companies working in the TRON ecosystem to support its developer, use case and community growth. The matter of fact is, Tron Network Ltd. does not hold any TRX to our knowledge nor does it operate any TRON validator nodes. The TRON DAO team would be more than happy to respond to any media or industry queries should they contact mailto:support@trondao.org. The TRON founder Justin Sun has stepped down as CEO from the dissolved entity Tron Foundation since Dec 2021 and has since embarked on a new journey in his diplomatic career, along with other new endeavors. Mr. Sun does not represent the TRON DAO nor does he actively work for the DAO on a daily basis. All queries or request to the DAO should go to the TRON DAO team at the support email above. TRON is by construction a permission-less blockchain protocol, in the same way as Bitcoin, Ethereum, XRP, Litecoin, etc. The inherent nature of any decentralized blockchain protocol is open source – anybody on the planet ea...




TRON Weekly Report 9.19–9.25 International Version

14 languages supported: Arabic, Dutch, English, French,German, Hindi, Japanese, Korean, Russian, Spanish, Simplified Chinese, Traditional Chinese, Turkish, Vietnamese. — Arabic. — — Dutch. — — English. — — French. — — German. — — Hindi. — — Korean. — — Japanese. — — Russian. — — Spanish. — — Simplified Chinese. — — Traditional Chinese. — — Turkish. — — Vietnamese.




TRON Weekly Report 8.29–9.04 International Version

14 languages supported: Arabic, Dutch, English, French,German, Hindi, Japanese, Korean, Russian, Spanish, Simplified Chinese, Traditional Chinese, Turkish, Vietnamese. — Arabic. — — Dutch. — — English. — — French. — — German. — — Hindi. — — Korean. — — Japanese. — — Russian. — — Spanish. — — Simplified Chinese. — — Traditional Chinese. — — Turkish. — — Vietnamese.




TRON Weekly Report 8.22–8.28 International Version

14 languages supported: Arabic, Dutch, English, French,German, Hindi, Japanese, Korean, Russian, Spanish, Simplified Chinese, Traditional Chinese, Turkish, Vietnamese. — Arabic. — — Dutch. — — English. — — French. — — German. — — Hindi. — — Korean. — — Japanese. — — Russian. — — Spanish. — — Simplified Chinese. — — Traditional Chinese. — — Turkish. — — Vietnamese.




TRON Weekly Report 8.15–8.21 International Version

14 languages supported: Arabic, Dutch, English, French,German, Hindi, Japanese, Korean, Russian, Spanish, Simplified Chinese, Traditional Chinese, Turkish, Vietnamese. — Arabic. — — Dutch. — — English. — — French. — — German. — — Hindi. — — Japanese. — — Korean. — — Russian. — — Spanish. — — Simplified Chinese. — — Traditional Chinese. — — Turkish. — — Vietnamese.




TRON Weekly Report 8.08–8.14 International Version

14 languages supported: Arabic, Dutch, English, French,German, Hindi, Japanese, Korean, Russian, Spanish, Simplified Chinese, Traditional Chinese, Turkish, Vietnamese. — Arabic. — — Dutch. — — English. — — French. — — German. — — Hindi. — — Japanese. — — Korean. — — Russian. — — Spanish. — — Simplified Chinese. — — Traditional Chinese. — — Turkish. — — Vietnamese.




TRON Weekly Report 8.01–8.07 International Version

14 languages supported: Arabic, Dutch, English, French,German, Hindi, Japanese, Korean, Russian, Spanish, Simplified Chinese, Traditional Chinese, Turkish, Vietnamese. — Arabic. — — Dutch. — — English. — — French. — — German. — — Hindi. — — Japanese. — — Korean. — — Russian. — — Spanish. — — Simplified Chinese. — — Traditional Chinese. — — Turkish. — — Vietnamese.




TRON Weekly Report 7.25–7.31 International Version

14 languages supported: Arabic, Dutch, English, French,German, Hindi, Japanese, Korean, Russian, Spanish, Simplified Chinese, Traditional Chinese, Turkish, Vietnamese. — Arabic. — — Dutch. — — English. — — French. — — German. — — Hindi. — — Japanese. — — Korean. — — Russian. — — Spanish. — — Simplified Chinese. — — Traditional Chinese. — — Turkish. — — Vietnamese.




TRON Weekly Report 7.18–7.24 International Version

14 languages supported: Arabic, Dutch, English, French,German, Hindi, Japanese, Korean, Russian, Spanish, Simplified Chinese, Traditional Chinese, Turkish, Vietnamese. — Arabic. — — Dutch. — — English. — — French. — — German. — — Hindi. — — Japanese. — — Korean. — — Russian. — — Spanish. — — Simplified Chinese. — — Traditional Chinese. — — Turkish. — — Vietnamese.




  TRX NEWS


TRON Academy Sponsors Princeton Blockchain Club and Partners with TRON C...

    [PRESS RELEASE - Geneva, Switzerland, 30th January 2023] TRON Academy has become the official sponsor of the Princeton Blockchain Club, the premier blockchain-focused student organization at Princeton University, whose goal is to build a vibrant and diverse network for Web3 natives on campus. TRON DAO is thrilled to be engaged with such a prestigious institution and such an innovative club with a kindred focus on educating the next generation of blockchain developers. TRON Academy continues to expand its empowering presence on a growing number of college campuses, including a recent workshop at the University of California at Irvine. Blockchain at UCI is an ecosystem for blockchain education, development, and networking at UC Irvine and surrounding areas. They collaborate with industry leaders to host events with blockchain companies in pursuit of identifying efficient and practical blockchain technologies as well as helping students in Orange County develop the necessary skills for a blockchain career. Thursday and Friday, January 26 and 27, 2023, Blockchain at UCI hosted the TRON DAO team for a workshop focused on the basics of Web3 and the potential development opportunities available in the TRON ecosystem. TRON Academy also recently launched a research competition in collaboration with the TRON Climate Initiative. Ambitious and creative university students who are passionate about a more sustainable blockchain future are invited to submit their work. Interested student gr... read More



Justin Sun Wants Tron (TRX) to Become Legal Tender in 5 Countries This Y...

    Tron's Founder - Justin Sun - said one of his primary targets is to see TRX becoming an official payment method in five different countries by the end of 2023.  He believes one of the nations to embrace the asset could be his homeland China. The 'Ambitious Goal' In a recent Twitter thread, Sun raised hopes the native token of the Tron blockchain - TRX - could be accepted as legal tender by 'at least' five nations this year. He posted the flags of Dominica and Sint Maarten, hinting they could be the first on the list. My KPI for 2023 is to get 5 countries to adopt #TRX as legal tender. — H.E. Justin Sun? (@justinsuntron) January 29, 2023 The cryptocurrency exchange Huobi - where Sun serves as a member of the Global Advisory Board - partnered with Dominica in November last year to launch a national token on the Tron network.  Rolando Brison - leader of the United Peoples Party of Sain Maarten - recently revealed that the government had made its first steps towards enforcing cryptocurrency regulations and making TRX legal tender: 'Allowing cryptocurrency to continue totally unregulated in St. Maarten is extremely risky, and we have to be proactive. Hence I use my right of initiative to bring this law with Tron Protocol at the forefront, with possibilities later for other blockchains to be incorporated; this too can be done in line with other countries like St. Kitts, who I know are also working on their own legal tender legislation.' Sun described th... read More



TRON As Currency: Kingdom Of The Netherlands To Adopt TRON As Legal Tend...

    On January 24, Justin Sun, TRON Founder, announced that St. Maarten has expressed his wishes to adopt TRON which is alongside TRON’s goals of massive adoption on a global scale. St. Maarten bares plans of adopting TRON TRX price down by 3.31% Price to peak by Q2 of 2023; could potentially shoot to $0.0973 St. Maarten, also spelled Saint Martin, is a country located in the Kingdom of the Netherlands in the Lesser Antilles, northeastern Caribbean Sea. Decentralization, The Name Of The Game TRON (TRX) refers to the decentralized open-source blockchain network that allows users to seamlessly connect with each other while also providing them access to a myriad of entertainment applications including graphics, videos, and games. Essentially, decentralization remains the focus of the TRON project which facilitates the smooth transfer of money between users without any interference from financial companies or middlemen. Another milestone for #TRON! St Maarten to adopt TRON as legal tender marks another achievement for our push on worldwide blockchain adoption.https://t.co/HXEnouj0Le — H.E. Justin Sun? (@justinsuntron) January 23, 2023 The contrasting factor lies mainly in TRX unique architecture, as it is dispersed into three categories or layers: the Storage Layer which has a distributed block storage the Application Layer which is mobilized by developers for creating dApps that are used for issuing tokens the Core Layer which consists of varied... read More



TRON Snags No. 2 Spot In TVL As Revenue Spikes Despite Bear Market Press...

    According to a tweet by TRON (TRX) on January 10, the network has displayed an impressive performance as it is currently ranked second in terms of total value locked (TVL) in the entire crypto space. TRON's TVL has reached $9.2 billion by end of 2022, TRON DAO disclosed. TRON chief executive to extend help to FTX and SBF TRX price spikes by 1.52% TRX remains robust in terms of trades A lot of people are now keeping an eye on TRON, and wondering whether it can hold on to its ranking and recuperate especially following its recent sharp decline. The network has always championed its quest for further decentralization. In fact, in comparison to other crypto assets, TRX has made significant progress over a short span of time. TRX Price In The Green, Up 11% In Last Week According to CoinMarketCap, TRX's price has increased by 11% in the last seven days, and trading at $0.05744 as of writing. Noticeably, many investors are worried about their crypto investments, especially with the crypto crash that happened just recently. TRON CEO, Justin Sun, disclosed that he would extend some help to both FTX and its former CEO, Sam Bankman-Fried so the crypto exchange can recover. This recent statement by Sun is quite controversial and has put the network on a bad light. More so, this caused investors to hesitate with the crypto especially as it shows support for the disgraced crypto company. Meanwhile, TRX is said to lead the crypto space in terms of trustworthiness, being an open ne... read More



TRON DAO Joins The Enterprise Ethereum Alliance

    [PRESS RELEASE - Geneva, Switzerland, 27th December 2022] TRON DAO, a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps, today announced that it has joined the Enterprise Ethereum Alliance (EEA). As an EEA member, TRON DAO will collaborate with EEA and its members, the leading business adopters, innovators and leaders within the Ethereum ecosystem, to accelerate the pace of Ethereum business advancements and adoption. TRON DAO is accelerating the progression of Web3 adoption across a global scale by creating novel and useful solutions for builders and consumers. “TRON and Ethereum have grown and matured together over the years,” says TRON blockchain Founder, H.E. Justin Sun. “We want this affiliation to be a step forward for the industry to showcase that progress comes in many forms. Blockchain has the potential to change the world in manners we cannot fathom and we need to coordinate together to make it happen. I am optimistic that partnerships like this are one of the healthiest moves we can collectively do.” The EEA’s membership base represents companies from every region of the world. The EEA’s Interest Groups, Working Groups, and events bring together the top Ethereum and global business leaders, technologists, and industry experts to learn about the latest business reference implementations, real-world use cases, and technical innovations. The EEA’s educatio... read More



Tron Shows Bullish Energy And Attracts Investors To Buy TRX

    TRON has been on an uptrend and looking bullish for the past 12 hours. The technical indicators all imply an increased demand on the asset and a steady streak.  Here's a quick glance of how the crypto has been performing of late: TRX price up by 0.20% as of this writing Technical indicators show increased TRX demand TRON second in line in terms of TVL Tron Price Retraces By Half According to CoinMarketCap, TRX price has spiked by 0.20% or is trading at .05529 as of this writing. TRON has tested the key support level of $0.54 several times this month. TRX price has also retraced by 50% or currently at the $0.0578 level as the coin retreated from 0.066 to $0.047. The Visible Range Volume Profile looked promising too as it showcased the point of control which is at the $0.055 level and with the value area high seen at $0.059. On November 26, TRON retested the key support level of $0.0527. The bullish breaker can be spotted right below this level extending from $0.0527 to $0.0516. Evidently, the price has tried to retest the bullish breaker several times, seeing a visible reaction on every retest performed. TRON has recently disclosed they are second in line in terms of Total Value Locked (TVL), trailing behind Ethereum. It also demonstrated an impressive burn rate which only supports the premise of TRON’s accelerating growth. The frequent retests done on the bullish breakers as well as the higher lows has triggered the formation of a right-angled pattern ... read More



TRON DAO Ventures to Empower Elite Blockchain Startups

    [PRESS RELEASE - Geneva, Switzerland, 20th December 2022] TRON DAO Ventures (TDV) exists to discover elite startups, invest profoundly, optimize strategically, then exit at an empowering moment. The TRON DAO Ecosystem Fund intends to define decentralization, and TRON DAO recently announced the launch of TDV as part of that effort. TRON DAO has been actively seeking new development teams and startups interested in creating decentralized applications on the TRON blockchain. Existing projects built on other Layer 1 blockchains that have thriving communities and established MVPs are also desired. TDV was launched to support the best of both – the elite teams #BUIDLING in the TRON ecosystem AS WELL AS the proven projects able and willing to bridge synergistically into the TRON ecosystem. TRON DAO leaders believe in a decentralized, multi-chain future with seamless interoperability. For projects built on other Layer 1 blockchains, the chance to coordinate strategically for cross-chain functionality is ideal and will spur industry innovation toward mass adoption and recognition. The purpose of TDV is to invest in promising blockchain-based startups, guide and collaborate with them, optimize their efforts, and then exit when the project team has been empowered for their next stage of growth. TRON demonstrated its commitment to decentralization in December 2021 when it transitioned to become one of the largest community-governed DAOs. Now, they hope to empower entrepreneurial en... read More



Tron Snags 2nd Place In TVL – What Does This Mean For TRX Price?

    The native currency of the Tron network, TRX, is one of the few cryptocurrencies in the current altcoin market to experience a price hike. As of this writing, TRX has gained 0.2% on a daily basis, with a 6.1% increase seen on a monthly timeframe. A recent development might have something to do with this, as it pertained to the TRX environment. According to a tweet, the ecosystem has reportedly passed Binance's BSC to become the No. 2 cryptocurrency in terms of total value locked. Despite this progress, the price of TRX was rejected at $0.055175, causing a fall to its current market price of $0.053740. The entire locked value of Tron has recently breached $4.30 billion, surpassing BSC by approximately $260 million. #TRON surpasses #BSC to become the 2nd largest chain by Total Value Locked on-chain! @justinsuntron seems to be one of the only people that's doing well considering the fall of all the heroes of 2021 #TRX #TVL pic.twitter.com/L1I1L50yHE — Intuit Φ (@Intuit_Trading) December 17, 2022 Tron (TRX) Price Gets Rejected DeFiLlama statistics reveals that TRX has dropped to third place since the tweet went public. While BSC has increased its TVL by 30% during the past two days, Tron's TVL has decreased by 0.68% since December 17, the data shows. This was reflected in the price, as TRX was rejected at $0.055175 on December 18. In addition, Tron's USDD stablecoin has lately lost its peg. Fears were raised amongst TRX advocates that the network could fail in the sam... read More



Tron Price Prediction: Why TRX Could Outperform BTC and ETH

    Tron price is up over 5% and showing positive signs above $0.055 against the US Dollar. TRX could outperform bitcoin and rise further towards $0.060. Tron price is trading in a positive zone well above the $0.0520 pivot level against the US dollar. The price is showing positive signs above $0.055 and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.0530 on the 4-hours chart of the TRX/USD pair (data source from Kraken). The pair is likely to start a fresh increase above the $0.0562 and $0.0575 resistance levels. Tron Price Jumps 5% In the past few days, tron price remained strong above the $0.0520 level against the US Dollar, outperforming bitcoin and ethereum. TRX gained pace for a clear move above the $0.055 resistance and the 100 simple moving average (4-hours). The price traded to a new weekly high at $0.0575 and it is currently correcting gains. There was a move below the 23.6% Fib retracement level of the recent rally from the $0.0519 low to $0.0575 high. Trx price is now trading above $0.055 and the 100 simple moving average (4-hours). It is also above the 50% Fib retracement level of the recent rally from the $0.0519 low to $0.0575 high. On the upside, an initial resistance is near the $0.0562 level. Source: TRXUSD on TradingView.com The next major resistance is near the $0.0575 level, above which the bulls are likely to aim a larger increase towards the key $0.0600 zone in the coming sessions. Any more gains ... read More



TRON Academy Announces 7 New Partners and New Activations

    [PR - Geneva, Switzerland, 8th December, 2022, Chainwire] TRON DAO recently launched The TRON Academy initiative to empower young blockchain enthusiasts from top-tier universities around the world. Creators are being welcomed to take advantage of early-stage development opportunities in the TRON ecosystem. Partnerships have been developed with existing blockchain clubs, and coaching support is available for students interested in establishing new clubs on their campuses. TRON Academy's industry-leading curriculum provides a comprehensive blockchain education for the next generation of leaders. Students are encouraged to build blockchain solutions that do more than just provide everyday utility. TRON DAO leaders are also challenging university blockchain clubs to recognize the life-changing opportunities decentralized applications could provide. Instruction is provided that equips and enables developer teams to innovate and actualize new technologies. The hope is that resources will be created that are both essential to a decentralized future as well as enjoyable in a blockchain-based, web3 world. Blockchain clubs currently partnering with TRON Academy are thriving across seven university campuses: Cornell Blockchain (Cornell University) Blockchain at UCI (University of California at Irvine) Texas Blockchain (University of Texas at Austin) Boston Hacks (Boston University) Princeton Blockchain Club (Princeton University) Dartmouth Blockchain (Dartmouth University) Michigan Cry... read More



TRON Ecosystem To Undergo Changes – A Bane Or Boon To TRX Price?

    As the newest committee proposal nears completion, Tron will undergo dramatic changes. An update tweet states that the fee cap for smart contracts will be raised from 10,000 to 15,000 TRX coins. The developers believe this would mitigate the risk connected with smart contracts by reducing the number of low-value smart contracts created on the ecosystem. At the same time, it will greatly increase the #TRX staking rate and burning volume, further expand the #TRX deflation rate to 3.17%, and the annual burning volume of #TRX on the #TRON network will reach 5 billion. For more analysis, please refer to: https://t.co/AM8YebxxvG — TRON DAO (@trondao) December 4, 2022 Let's take a quick look at TRX's performance: Improvements to the Tron ecosystem have boosted investor confidence. The indicators point to the formation of a robust uptrend. Price could rise to $0.05560 or higher on a rebound from the current level of $0.05274. As the burn rate of TRX increases with the increase in fee limit, the deflection in the ecosystem would also grow, from -1.39% to -3.17%. According to the developer's Medium post, a rise in fee limitations would also impact the staking rate. In aggregate, the shifts herald the beginning of bullishness in TRX, however CoinGecko reports a 1.1% decline in the daily timeframe price of TRX. Will these changes influence the price of TRX? What The Coming Days May Bring For Tron There is an indication that TRX is beginning to rebound from the market downtu... read More



TRON Unfazed By Decreasing Volumes, Tallies $1 Billion In USDT Inflow

    TRON (TRX) remains in a stagnant phase, refusing to make any kind of momentum for an upward run despite a number of positive developments that, in many cases if not all, should have helped trigger a significant price movement. Let's consider this summary: TRON’s seven-day jump was less than 2% During the last 30 days, TRX has already lost 12% of its value Tron blockchain enjoys a significant boost in its stablecoin inflow Instead, the asset continues to consolidate within a narrow range and is not showing any signs of immediate recovery. According to the latest information provided by Coingecko, at the time of this writing, TRX is trading at $0.053957. It only managed to climb by 1.6% during the last week although it is nursing an increase of 6.3% over the last 14 days. TRON, currently the 17th largest crypto asset in terms of overall valuation with a market cap of $4.97 billion, has already gone down by more than 12% on its month-to-date (MTD) performance. Not even the news of its mother platform registering a massive stablecoin inflow was enough to make the asset push its price to higher levels. Tron has seen significant USDT inflows over the past 2 weeks. In total, over $1 Billion of USDT have entered the chain pic.twitter.com/bbB6XRruvi — DefiLlama.com (@DefiLlama) December 1, 2022 TRON Performs Well In Stablecoin Inflow Last Month Using Twitter, pseudonymous DeFi Llama shared that the Tron decentralized platform observed an inflow of $1 billion USDT for th... read More



Tron Adds 1.75 Million New Addresses In Last 7 Days As TRX Regains Previ...

    TRON (TRX) took a heavy hit during the first half of November following unfortunate events such as the implosion of FTX, an exchange that was once considered the third largest in the world. According to data provided by Coingecko, from its $0.064 price on November 6, TRX went on a steady decline until it plummeted to $0.046 on November 14. After that, the cryptocurrency managed to stage a rebound and continues to do a relatively good job at recovering its losses. In fact, at the time of this writing, TRON has managed to tally a 19% jump from its November low, trading at $0.054. Over the last two weeks, the digital asset seems to have found its groove as it continues to shake off the negative effects of both the crypto winter and the FTX collapse. Tron Report Reveals Project Capable of Attracting More Users As another week came to a close, Tron blockchain, via Twitter, shared some important data pertaining to its performance for its community. According to TRON DAO’s post, the project managed to add 1.75 million new addresses within the last seven days, pushing its total tally to 123.3 million accounts. #TRON Weekly Report 11.21 - 11.27 #TRON blockchain height exceeded 46.23 million. The total number of accounts on #TRON reached 123,377,790. The total number of transactions on #TRON reached 4.28 billion. The #TVL on #TRON reached $9.4 billion.https://t.co/29s3o8NKuH — TRON DAO (@trondao) November 30, 2022 Also, during the same period, the total number of transact... read More



Tron Latest Update Seen Giving TRX Price A Boost – Here's Why

    Investor interest in Tron is growing as the protocol receives updates. The new Java-tron GreatVoyage-4.6.0 upgrade, codenamed Socrates, is a required update that includes crucial enhancements that greatly improve the protocol's ability to utilize storage. Since time is of the essence, here is a quick rundown of TRX: Major new enhancements that will smooth out the protocol's operation have been released The proposal from PancakeSwap has the potential to be a strong positive catalyst Current price action is negative, but a reversal would be bullish Java-tron GreatVoyage-4.6.0(Socrates) has been released! It is a mandatory update, contains a few important features: update the checkpoint mechanism of data storage optimize the storage structure of resource delegation relationship — TRON DAO (@trondao) November 23, 2022 That's not all good news, either. PancakeSwap just made an announcement to its user base that it would be accepting TRX into its Syrup staking pool. The price of TRX eventually reflects all of this. Using a weekly time frame, CoinGecko reports that TRX's price rose 0.8%. Everything looks and sounds fantastic, but what do the experts have to say about it? To Uptrend, Or Not To Uptrend? It doesn't look like it'll form an uptrend on the charts, and that might be for a number of reasons. It's worth noting that the Bollinger band is establishing a crunch zone immediately following the cup formation in TRX. Chart: TradingView The impending decline may be part o... read More



Biggest Movers: ALGO Nearly 10% Higher, TRX Extends Recent Gains

    Algorand has been a notable exception in what has been a relatively bearish start to the weekend. On Nov. 19, the token rose by nearly 10%, as cryptocurrency markets mostly traded lower. Another noteworthy exception was tron, which climbed for a second consecutive day.Algorand (ALGO) Algorand (ALGO) was a notable gainer on Saturday, as the token moved towards a one-week high. Following a low of $0.277 on Friday, ALGO/USD climbed to an intraday high of $0.3102 earlier in the day. This saw the token climb by nearly 10% in today's session, hitting its highest level since last Friday in the process. Looking at the chart, prices broke out of a key resistance level of $0.30 as a result of today's surge. Another breakout can also be spotted, with the 14-day relative strength index (RSI) also moving past a key resistance level of 45.20. As of writing, ALGO has somewhat slipped, with the token now trading at $0.3007. Tron (TRX) Tron (TRX) also climbed to start the weekend, with prices moving higher for a second straight day. TRX/USD hit a peak of $0.05197 earlier in the day, which comes less than 24 hours after hitting a low of $0.05042. As a result of this rally in price, tron collided with a resistance level of $0.05190 for the first time since Monday. In addition to this, the RSI also hovered close to a ceiling of its own, with the index currently tracking slightly above this point at 36.31. Should bulls intend to maintain the current upward momentum, this ceiling will need to b... read More



TRX Surges Over 600% Following Justin Sun's Deal With FTX

    Tron’s native token TRX has been seeing significant upside on the FTX exchange since the announcement of a potential deal that would allow users to withdraw funds. This deal is one of the only ones that have gone into effect since FTX began experiencing issues and it seems users are already taking advantage of it. However, it is not all rosy as users begin to notice the downside to this. TRX Price Explodes On FTX TRX token is already up more than 500% on the FTX crypto exchange over the last week on the FTX exchange. Tron founder Justin Sun had seemingly worked out an agreement with the troubled exchange to allow users to swap their crypto currently stuck on the platform for TRX tokens and then withdraw it. This would obviously make it possible for users to swap digital assets such as bitcoin, ethereum, etc, to TRX, and then proceed to withdraw it, making it possible for them to withdraw previously stuck funds from FTX. It has naturally become a popular option for FTX users, causing the price of the digital asset to balloon on the exchange. In just 24 hours following the announcement, TRX’s price was already up significantly. While the token’s price remained relatively low on all other exchanges, it had traded to a high of $0.43 on the FTX exchange. Compared to the $0.05 price mark that is the case across all other exchanges, it is trading at a 600% premium on FTX. TRX price spikes on FTX | Source: TRXUSD on TradingView.com There has been some fluctuation ... read More



TRON Grand Hackathon 2022 Season 3 Welcomes More than 1000 Participants

    [PR - Geneva, Switzerland, 14th November, 2022, Chainwire] The TRON Grand Hackathon 2022 Season 3 submission period came to a close on Monday, November 14, with more than 1000 registered to participate. TRON DAO and BitTorrent Chain (BTTC) have an exciting lineup of 50+ partners and judges for Season 3. This innovation event draws together crypto’s most prestigious institutions to offer their expert opinions on which project will most accelerate the growth of the TRON ecosystem. The Judging period will be between November 29 to December 12. Five winners will be selected from each track. The winners of Season 3 will be revealed on Friday, December 16. Season 3 #HackaTRON has a total of six tracks: DeFi, GameFi, NFT, Web3, Ecosystem, and Academy with an aggregate prize pool of $1.2 million. The recently introduced Ecosystem track was created to attract Ethereum projects seeking to increase their impact. The focus of this season will be on cutting-edge, cross-chain solutions, and the widespread usage of blockchain technology. Due to its compatibility with the Ethereum Virtual Machine (EVM), TRON has always enabled cross-chain capabilities. Developers now have more choices for deploying and interacting with other L1 blockchain ecosystems via the BTTC bridge. The new Academy track was carried out via an in-person event that welcomed more than 200 university students from seven top-tier schools consisting of Harvard, MIT, Yale, UPenn, Princeton, Northeastern, and Boston Unive... read More



Tether Reportedly Freezes 46M USDT on Tron Owned by FTX

    Tether has become the latest industry company to get involved with the ongoing saga revolving around FTX by freezing over 46 million USDT. The company said it had to comply with law enforcement agencies. All eyes in the crypto industry have been set on FTX for the past several days, ever since Binance decided to sell its entire FTT stash following some discrepancies with Alameda Research's balance sheet. The turbulence in the following days included Binance agreeing to purchase FTX and later backing off the deal. Several regulators and law enforcement agencies have begun probing the distressed crypto exchange, which seems to be affecting other industry participants. Tether froze 46.3 million USDT, based on Tron, owned by FTX. A company's spokesman attributed this decision to a request from a law enforcement agency. This comes just a day after the stablecoin issuer said it had no exposure to FTX and Alameda. Separately, the TRON DAO Reserve said it plans to purchase 300 million USDT before topping that number to one billion. This came just hours after the price of USDT fell to $0.97. Despite the price differences, Tether's CTO assured that the company had continued redeeming at $1 prices. #tether processed ~700M redemptions in last 24h. No issues. We keep going. — Paolo Ardoino (@paoloardoino) November 10, 2022 The post Tether Reportedly Freezes 46M USDT on Tron Owned by FTX appeared first on CryptoPotato. read More



Messari Releases Q3 2022 State of TRON and State of USDD Reports

    Geneva, Switzerland / November 8, 2022 / – Messari, the leading provider of crypto market intelligence, released two quarterly analysis reports related to the TRON ecosystem – State of TRON Q3 2022 and State of USDD Q3 2022. Both reports indicated positive conclusions about the stable and secure strength of USDD and the TRON network as a whole. The USDD report marked the first time Messari provided market intelligence in quarterly report form on the over-collateralized stablecoin issued by the TRON DAO Reserve (TDR), custodian of USDD, currently with nine whitelisted members. USDD is backed by select crypto assets, including BTC, USDT, USDC, and TRX. The State of USDD report includes insights on performance, issuance, deposits, reserve balance, user adoption, transactions, price analysis, and total value locked. Readers can also get qualitative analysis on subjects such as monetary policy and the peg stability module (PSM). Key insights on the USDD Report include: After rapid adoption in Q2, supply growth stalled in Q3, increasing only 0.2% to 725 million. However, the number of wallets holding the currency increased nearly 5X in Q3. The stablecoin remains well backed by non-native currencies with a collateral ratio of 1.9 at the quarter's end. After the UST collapse and stablecoin depegging in June, USDD maintained a tight peg and launched Peg Stability Module (PSM) using USDT, USDC, TUSD, and USDJ. The State of TRON Report was also the first edition of quart... read More



Messari Releases Research Reports on the TRON Ecosystem and the Stableco...

    [PRESS RELEASE - Geneva, Switzerland, 7th November 2022] Messari, the leading provider of crypto market intelligence, released two quarterly analysis reports related to the TRON ecosystem – State of TRON Q3 2022 and State of USDD Q3 2022. The two most significant highlights in the comparison of Q3 with Q2 2022 were the 480.4% increase in the number of holders of USDD and the 71% increase in the Total Value Locked of TRX. Both reports indicated positive conclusions about the stability and secure strength of USDD and the TRON network as a whole. State of USDD The USDD report marked the first time Messari provided market intelligence in a quarterly report on the over-collateralized stablecoin issued by the TRON DAO Reserve (TDR). USDD is backed by select crypto assets, including BTC, USDT, USDC, and TRX. The State of USDD report includes insights on performance, issuance, deposits, reserve balance, user adoption, transactions, price analysis, and total value locked. Readers can also get qualitative analysis on subjects such as monetary policy and the peg stability module (PSM). Key insights on the USDD Report include: After rapid adoption in Q2 2022, supply growth stalled in Q3 2022, increasing only 0.2% to 725 million. However, the number of wallets holding the currency increased nearly 5X in Q3 2022. The stablecoin remains well backed by non-native currencies with a collateral ratio of 1.9 at quarter’s end. After the UST collapse and stablecoin depegging in June 2... read More



Tron Transaction Volume Balloons To 5.3 Million In Q3, But There's Still...

    Once a week, the official Tron Twitter account would tweet out an update for the world to see. The events of the past week, the post claims, have provided Tron with new possibilities. Also during the quarter, Messari published their own report on Tron's performance. As more data on the token's side are investigated, the research claims that the future of the protocol is bright, but that mixed signals are spreading doubt to fans and investors. This can be worrisome since low confidence can lead to a sell-off, which can further drive the token's price down. Even while there is hope for the token's future in the Messari research, investors in cryptocurrencies appear to be more concerned with the continued decline in development activity and other factors. The report points out that: #TRON #TVL grew by 61% QoQ. The total transactions grew by 12.4% to 5.3M over Q3. #TRON network activity reached a refreshed foundational user base after the launch of #USDD in May. Read the full reporthttps://t.co/BOxQzatH9M — TRON DAO (@trondao) November 5, 2022 In addition, the amount of DeFi territory on Tron ballooned dramatically. There was a 61% rise in TVL (total value locked). Total TRX transactions also increased by 12.4% year over year in the third quarter to 5.3 million. How high may TRX go in the next several days, and will bears in the TRX market eventually prevail? Tron: Mixed Signals And Price Forecast As of this writing, the Tron looks like this: CoinGecko claims that TR... read More



Tron Performance Last Month Was Impressive, But Can TRX Do Better This N...

    Tron, a decentralized, open-source blockchain-based operating system with smart contract functionality, recently released its monthly report for the month of October. There, the company behind the cryptocurrency TRX highlighted some of the developments that gave its ever-supportive community plenty of reasons to celebrate. Among those included in the report was Tron becoming the first national blockchain of Dominica which meant digital currencies under its umbrella such as TRX, BTT, JST, NFT, USDD, USDT and TUSD were given permission to be used as medium of exchange within the country. Justin Sun, the founder of the decentralized network, has also been invited by world-leading cryptocurrency trading exchange Huobi Global to be part of its advisory board. Meanwhile, Tron Grand Hackathon, returned for its third season, providing another avenue for blockchain enthusiasts to showcase their ideas and be noticed by crypto experts. TRX Performs Well In October TRX managed to offset some of its loses back in September when it managed to pump its prices last month, peaking at $0.064 on October 15. Among those possible reasons for the impressive performance of the Tron crypto was the notable influx of 4.45 million new users that joined the network’s ecosystem. This resulted in a major upswing in number of transactions facilitated by the blockchain which reached a tally of 186 million by the end of the month. The altcoin, however, seemed to have lost some of its momentum as it is... read More



Tron Hits Record 117 Million Users, But TRX Price Increase Is Mediocre

    Tron (TRX) managed to pull a Bitcoin-like feat almost two weeks ago when it became a legal tender for the Commonwealth of Dominica. The 16th largest cryptocurrency in terms of market capitalization successfully replicated Bitcoin's feat when it became a legally accepted tender within the territories of El Salvador. TRX price slightly corrects after surging following announcement of becoming legal tender in the Commonwealth of Dominica Coin currently trades at $0.0616 Tron Protocol’s TVL drops to $1.25 billion Shortly after such momentous development, Tron witnessed a mini price rally as it traded at $0.0646 on October 15.  The asset, however, is once again experiencing price correction as it failed to capitalize on its gains, going back to its downward trend that’s been going on for the past few weeks. At press time, according to data from Coingecko, TRX is trading at $0.0616. While the asset is on a decline, it managed to keep its losses at minimal levels. Tron Network Reaches Milestone Data shared by TRONSCAN showed TRX’s network users reached 117 million. The figure is the highest yet for the project but was of no help to push trading prices to higher levels. Stakers continue to show their support and stand behind Tron. Over the last 30 days, there was an increase of 1.17% on the number of present stakers for the protocol which stood at 305,458. That’s where the good news ends for the digital asset, as it also tackles with negative developme... read More



Tron Development Activity Grows In The Last 7 Days – Except TRX Pr...

    Tron (TRX) welcomed the second week of this month with the news of its coin becoming a legal tender in the Commonwealth of Dominica announced by no less than its blockchain founder, Justin Sun. Technical indicators for TRON are confusing as of this time TRX could surge all the way to $0.0678 after 30 days Tron network’s development activity surges over the last few days With the development, the crypto, along with other Tron minted coins such as BTT, JST, NFT, USDD, USDT and TUSD, can now be used as medium of exchange within the island nation. Meanwhile, just last September, Sun shared on Twitter that since October 28, 2021, the total number of burned TRX tokens reached 11 billion, dropping the asset’s supply to 71.6 billion. The 15th largest cryptocurrency in terms of market capitalization also recently racked up another achievement, placing 3rd on the list of the most influential BTTs over the last 30 days. BTTs are TRC-20 utility tokens used for powering various features of different decentralized applications and programs. But even with all of these accomplishments, TRX failed to make any significant rally to push its prices to higher levels. TRX Price Still Unable To Take Off At press time, according to data from Coingecko, TRON is trading at $0.0623 and although it is up by 2.2% over the last seven days and by 4.3% for the past 30 days. As for what lies ahead for TRX, technical indicators are confusing right now, as some of them point towards a bullish r... read More



Understanding TRON Grand Hackathon 2022 Season 3 and the Hacker House Ev...

    TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly network, low fees, and easy to use developer tools have allowed it to attain a massive amount of user growth and innovative projects. Dave Uhryniak is the Director of Ecosystem Development at TRON DAO. He rejoined the Bitcoin.com News Podcast to talk about the TRON Grand Hackathon 2022 Season 3 and the upcoming Hacker House event: Dave joined the TRON DAO in January 2022 and has become a highly visible part of the team that drives global expansion as they identify key opportunities across the blockchain industry and ensure the TRON ecosystem is positioned to thrive. Involved in blockchain since 2016, Dave has provided strategic guidance for global payment companies and insurance companies, among others. He has led the successful development of multiple use cases in financial services, healthcare, and supply chain. He continually finds unique and creative ways to apply emerging technologies to enable corporations to achieve their strategic goals. Dave began his career as an equity research analyst at a leading U.S. mutual fund company, where he conducted thorough bottom-up analysis of global and regional financial service companies. Dave has often been quoted in leading media outlets, including the Wall Street Journal, Forbes, Bloomberg, and other publications. Dave is a Certified Blockchain Solution Architect, holds an MBA from Carnegie Mellon University Tepper School, a... read More



TRON Makes Record For Period Spent In Deflationary State – Good Fo...

    TRON (TRX), a lesser known cryptocurrency when compared to Bitcoin, Ethereum, Cardano and Dogecoin, made a loud noise in April 2021 when Tron Foundation announced the asset successfully leaped into the deflation era. In doing so, TRON managed to be the first ever deflationary virtual currency in the world, reducing its total supply then by over 5.7 million, from 101.678 billion to 101.673 billion. The crypto’s parent company shared that the asset’s move from inflation to deflation was carried out after its community reached the consensus to turn TRX into a deflationary altcoin. Since then, from October 28, 2021 to October 12, 2022, the cryptocurrency has maintained its state of deflation for 50 weeks and was closed to reaching one full year. Source:TRONSCAN The milestone was disclosed in a tweet by TRONSCAN, the official TRON blockchain explorer, on October 17th. But as that era ends for TRON, analysts and experts are keen on seeing how it will help the crypto especially during this bearish time for the space. TRON Makes History - But What's 'Deflationary' Crypto? Deflationary cryptocurrencies are those that decrease in terms of supply over time, providing a window for the value of every coin to increase even in cases where there is consistent demand. $TRX has been in a state of #deflation with the total amount of deflation reaching 9.6 billion #TRX, for 50 weeks (2021.10.28-2022.10.12)!! pic.twitter.com/zc2xiGNc2W — TRONSCAN (@TRONSCAN_ORG) October 17, ... read More



Dominica Selects TRON as its National Blockchain to Issue the Country's ...

    [PRESS RELEASE - Roseau, Dominica, 12th October 2022] TRON, one of the leading public blockchains, partners with the Commonwealth of Dominica to develop and issue the Dominica Coin (DMC). The partnership represents a defining step forward by the Eastern Caribbean nation, who passed the Virtual Asset Business Act in Parliament earlier this year. “This is a historic step for Dominica in its drive to enhance economic growth by embracing digital innovation and appointing TRON Protocol as its designated national blockchain infrastructure,” said Prime Minister of Dominica, Dr. Roosevelt Skerrit. DMC is a blockchain-based fan token intended to raise awareness of Dominica’s natural heritage as well as to help promote its tourist attractions on a worldwide scale. Its creation marks a milestone in Dominica’s journey toward the future their Prime Minister envisioned, one that includes strong infrastructure, a more diversified agricultural footprint, and innovative developments to welcome entrepreneurial imagination. Traditionally a tourism paradise, their new vision endeavors to welcome more than just visitors to their region of the Caribbean. “The open and cost-effective nature of the TRON blockchain infrastructure will play a vital role to better integrate Small Island Developing States like Dominica into the global economy in the future,” Prime Minister Roosevelt Skerrit affirmed. As the Permanent Representative of Grenada to the World Trade Organi... read More



Biggest Movers: TRX Hits 4-Week High, MKR Remains Close to 2-Month Peak

    Tron rose to a one-month high in today's session, hitting a key resistance point in the process. The surge in price comes despite cryptocurrency markets trading mostly lower on Monday. Another exception to this decline was maker, which remained close to an eight-week high. Tron (TRX) Tron (TRX) surged to a four-week high to start the week, hitting a key resistance point in the process. Following a low of $0.06234 on Monday, TRX/USD climbed to a peak of $0.06492 earlier in the day. This saw prices near a collision with a key resistance point of $0.06500, hitting their strongest point since September 11 in the process. As can be seen from the chart, earlier gains have somewhat eased, as traders liquidated their positions at this point of resistance. Currently tron is trading at $0.06369, despite the day's slippage, remaining nearly 2% higher than yesterday's low. As of writing, the 14-day relative strength index (RSI) is tracking at 61.65, which is its highest point in over five months, and could potentially give way to the reemergence of bears later in the week. Maker (MKR) Maker (MKR) was also in the green on Monday, as the token was trading close to a two-month high. Following a high of $1,111.14 on Sunday, MKR/USD slipped to an intraday low of $882.56 earlier today. Prices of the token have been climbing over the past week, since hitting a floor of $815.00 last Friday. As of writing, maker is currently trading at $940.45, with the RSI tracking above 70, which is in overb... read More



Tron Could Be Ready For $0.1 After Hard Fight, Here Is Why?

    TRX price could be ready for a short-term relief rally as the price breaks out from the downtrend, creating more bullish sentiment for a recovery. TRX looks strong on both low and high timeframes.  The price of TRX breaks out on the daily timeframe after forming a descending triangle. Tron (TRX) has struggled to remain bullish against tether (USDT) after seeing its price rejected from a region of $0.11 on several occasions to trend higher. Tron (TRX), despite being loved by the Tron community, the token has had its fair share of the current bear run coupled with the rumors of its decoupling from its pegged fiat token USSD. With the current market looking more promising ahead of more relief bounces from altcoins, we could see the price of Tron (TRX) making moves. (Data from Binance) Tron (TRX) Price Analysis On The Weekly Chart The new month has come with more relief for most crypto projects, with altcoins, such as BTC, ETH, and even XRP, continuing to show strength after weeks of downtrend movement.  The price of TRX has struggled to remain bullish, falling from a high of $0.11 to a weekly low of $0.05, with the price looking more stable as the price looks ready to bounce off from this region.  After hitting a bottom low of $0.05, the price of TRX bounced swiftly from that region as the price rallied to a high of $0.07 as the price faced more rejection to flip this region into a support zone for TRX price.  The weekly price for TRX closed bullish ahe... read More



Web3 and How It Helps the Environment – Dave Uhryniak of TRON DAO ...

    TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly network, low fees, and easy to use developer tools have allowed it to attain a massive amount of user growth and innovative projects. Dave Uhryniak is the Director of Ecosystem Development at TRON DAO. He recently joined the Bitcoin.com News Podcast to talk about the technology:   Dave joined the TRON DAO in January 2022 and has become a highly visible part of the team that drives global expansion as they identify key opportunities across the blockchain industry and ensure the TRON ecosystem is positioned to thrive. Involved in blockchain since 2016, Dave has provided strategic guidance for global payment companies and insurance companies, among others. He has led the successful development of multiple use cases in financial services, healthcare, and supply chain. He continually finds unique and creative ways to apply emerging technologies to enable corporations to achieve their strategic goals. Dave began his career as an equity research analyst at a leading U.S. mutual fund company, where he conducted thorough bottom-up analysis of global and regional financial service companies. Dave has often been quoted in leading media outlets, including the Wall Street Journal, Forbes, Bloomberg, and other publications. Dave is a Certified Blockchain Solution Architect, holds an MBA from Carnegie Mellon University Tepper School, and a BA from Westminster College (PA). Among t... read More



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