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Justin Sun’s Tron (TRX) network was making headlines yet again. The asset made a major comeback in 2024 after it witnessed a 65% uptick. TRX went from trading at a low of $0.1056 all the way to a high of $0.4407. This surge came as a much-needed respite for the altcoin. But similar to the rest of the market the asset failed to maintain this uptrend. The Tron network, in the meantime, was seen boosting its utility and rolling out developments. This further led to the community betting on TRX’s rise in March 2025. Also Read: Top 3 Cryptocurrencies To Buy If You Like Shiba Inu How Is Tron’s TRX Faring At The Moment? Source: Coin Culture Recent data revealed that TRX continued moving in the red arena even though the rest of the market was registering gains. At the time of writing, the asset was trading at $0.2283 after a 0.66% drop over the past 24 hours. The altcoin’s recent price change caused TRX to trade 47% below its all-time high. Source: CoinMarketCap The late...

Tether USDT chain swap operations hit a milestone with a $1 billion move to the Tron blockchain. This shift changes how the cryptocurrency market works. The USDT transfer works with a major exchange and helps blockchain scalability. The total supply of the world’s biggest stablecoin stays the same. In the next hours Tether will coordinate with a 3rd party prominent exchange to perform a chain swap, converting part of their $USDt cold wallets from different blockchains to $USDt on Tron. The #tether $USDt total supply will not change during this process. Amount (subject to… — Tether (@Tether_to) January 6, 2025 Also Read: Ripple’s RLUSD Outshines PayPal and Euro: Could RLUSD Hit $1.80? Understanding Tether’s $1 Billion Chain Swap on Tron Blockchain and its Impact on Crypto Markets Source: StormGain Strategic Transfer Details Source: CoinMarketCap The Tether USDT chain swap moves tokens from various blockchain cold wallets to Tron’s network. “The process will not al...

A cryptocurrency analyst and trader is turning bullish on Tron (TRX) amid the native token of the layer-1 blockchain going up by over 20% in the past month. In a new video, the analyst pseudonymously known as Sherpa tells his 11,300 YouTube subscribers that over the past couple of years, the price of Tron has performed relatively better compared to other altcoins. “TRX has been one of the strongest coins the last entire stretch. If you look at it, the fact that TRX is actually near all-time highs [recorded] back in March of 2021 is actually incredible. The number of coins that are actually near all-time highs from 2021 is very very very few. TRX was the one that actually managed to get up to that point.” TRX is trading at $0.151 at time of writing. Sherpa, however, says that Tron’s chart currently “looks pretty ugly” and he is consequently bearish on the altcoin over the near term. “It’s actually one of the strongest altcoins overall. That bein...

Justin Sun’s Tron (TRX) has kept it low-key for the last few years. The advent of newer cryptocurrencies sidelined the somewhat older ones. But in a new development, TRX is making headlines following its recent uptick. Also Read: Cardano Price Prediction: How High Can ADA Rise In September 2024? TRX’s Recent Performance and Market Position Source Trade Volume and Market Valuation Over the past seven days, the altcoin surged by 16%. The asset went from a low of $0.13 to a high of $0.16. At press time, TRX was trading at $0.1529, but following a slight setback, it dipped by 4.42% over the past 24 hours. At the same time, its trade volume increased by 139%. TRX’s daily trading volume has reached its highest point since Nov. 7, 2022, with a total of $1.87 billion. With a market valuation of over $13.8 billion, it ranks as the tenth largest cryptocurrency. Overtaking Cardano and Revenue Milestones The asset managed to overtake Cardano (ADA). In addition, the daily revenue on Augu...