Tron gets Nasdaq spotlight: But here’s what TRX holders really need to know
Main Idea
Tron (TRX) has achieved significant milestones, including surpassing $2B in fees, 14B transactions, and hosting over $80B in USDT, overtaking Ethereum in stablecoin supply and daily transfers, while its Nasdaq debut highlights growing utility and demand for TRX.
Key Points
1. Tron surpassed $2B in cumulative fees, processed over 14B transactions, and hosts $80B in USDT, overtaking Ethereum in stablecoin supply and daily transfer volume.
2. Tron's USDT supply has grown significantly, outpacing Ethereum, with demand driven by cheap and fast stablecoin transactions.
3. Tron processes 8-9 million daily transactions, nearly double the pace during the last bear market, and facilitates over $20B in USDT transfers daily.
4. TRX showed steady upward movement post-Nasdaq debut, with strong accumulation and sustained buying interest, driven by increasing utility and network fee demand.
5. Justin Sun rang the Nasdaq opening bell on July 24th, marking Tron's listing and highlighting its growing prominence in the crypto market.
Description
Stablecoin transfers, transaction spikes, and rising fees are creating a virtuous cycle for TRX.
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