New research by CryptoQuant analyst João Wedson has revealed that the Tron network processes over $400 million in USDT transactions daily in a narrow two-hour window between 9 and 11 AM UTC, creating crypto’s most concentrated “million-dollar rush hour.” This explosive activity, driven by whales and institutions capitalizing on global market overlaps, is solidifying Tron’s […]
Blockchain network reached a new milestone by hitting a weekly record of over 340 million transactions, the highest ever registered in a seven-day period. This historic high is likely signaling growing user engagement and renewed optimism for the cryptocurrency sector. Deeper Dive Into The Stats According to data from analytics company Dune, the lion’s share […]
The total circulating supply of USDT on the Tron blockchain (TRC-20) has surpassed $80 billion, according to the latest data from CryptoQuant. This figure marks a major milestone for the network as it reflects its growing dominance in the stablecoin market. Tron’s $80B USDT Milestone Since late 2020, Tron has experienced parabolic growth in USDT […]
Tron founder Justin Sun recently met with Bo Hines, the Executive Director of the President’s Council of Advisers on Digital Assets of the White House. The talks between the two centered on the role of the Tron network and blockchain technology in advancing U.S. crypto leadership. Details of The Meet-up Sun shared insights in an […]
Binance is leading all centralized crypto exchanges in stablecoin reserves. According to the latest stats, the crypto exchange currently holds $31 billion in USDT and USDC, which is around 59% of total stablecoin holdings across the sector. This dominance highlights Binance’s outsized role in providing liquidity and facilitating stablecoin-denominated transactions. Stablecoin Inflows Favor Binance When […]
While the crypto market recovered last week, the Tron ecosystem quietly recorded a significant milestone for the year. As reported by Burakkesmeci, an analyst for the market intelligence platform CryptoQuant, all cohorts of investors holding TRX, the native asset of the Tron network, have seen their positions turn green. TRX Holders Enter Profit Zone Burakkesmeci […]
BNB Chain has surged to its highest daily decentralized exchange (DEX) volume in three months, hitting $3.22 billion in trades on May 14, according to DefiLlama data. This spike marks a notable resurgence in on-chain activity for the Binance-backed blockchain, hinting at renewed market interest amid broader ecosystem developments and strategic protocol upgrades. A Resurgence […]
The Tron network’s stablecoin market is witnessing a clear leader. USDT has established itself as the primary asset for value transfers and trading. In fact, CryptoQuant’s latest analysis revealed the overwhelming dominance of USDT on the Tron network, which accounts for 98.5% of the total stablecoin supply. USDT’s Market Share on Tron With a circulating […]
Analysts at the crypto analytics platform CryptoQuant have released a Tron network review, outlining how the ecosystem grew from a Tether (USDT) “powerhouse” to a decentralized finance (DeFi) hub in 2024. According to the report shared with CryptoPotato, Tron experienced the diversification of its on-chain activity, evolving from just a network with dominant USDT activity […]
Tron founder Justin Sun has filed a lawsuit against American film producer and record executive David Geffen in a bid to reclaim an Alberto Giacometti sculpture or get up to $80 million in damages. Sun lodged the complaint in Manhattan federal court on Tuesday, alleging the bronze Le Nez sculpture, which he previously owned, had […]