News with the tag "TRXBTC"

Tron (TRX) has seen significant profit-taking by investors from the 2020-2021 bull cycle, while also experiencing increased activity and adoption, including surpassing Ethereum in USDT supply.

The Tron network processes over $400 million in USDT transactions daily in a two-hour window between 9 and 11 AM UTC, driven by whales and institutions, solidifying its dominance in real-world crypto transactions.

The distribution of Tether (USDT) supply between Tron and Ethereum networks correlates with Bitcoin's price cycles, with Tron gaining dominance due to lower transaction fees and increased adoption.