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Bitcoin

Is the price of TRX preparing for the missile?

TL; D

  • The Tron network continues to attract users due to rapid transaction speeds and low costs, and thus the latest impressive landmark.
  • At the same time, the original code price appears to be stuck between the walls of buying and selling two main, with a little reference to the next step.

Although he is still behind the leader, Ethereum, the Tron’s USDT share has increased in the past few years. According to To the transparency page in Tether, approximately $ 72 billion is located from the world’s largest stablecoin (out of the total amount of money), while ETHEREUM is 74.5 billion dollars.

The numbers are closer when you look at the net blood circulation – $ 73 billion for ETAREUM and $ 71 billion for Tron. Solana, Ton and Avalanche Trail behind, with about $ 2 billion each.

Perhaps this is one of the biggest reasons behind the teacher. Cryptoquant Advocated Earlier this week, “TON grew to be one of the most active Blockchain networks in the world” with a total of $ 10 billion.

The report claims that the number of daily transactions is much higher than 8 million dollars, which puts Tron among leaders in space.

The number of transactions you see. Source: Cryptoquant

Although the current average daily numbers are far from the peak of 2023, they are still close to the bull runs in mid -2021 and in late 2024.

The price of TRX exploded late last year, as it rose to the highest new level ever for more than $ 0.43. However, it failed to maintain its operation and lost more than 40 % of its value since then. The past few months have witnessed the trading of assets mostly in a narrow range of $ 0.2 and $ 0.26.

According to For the famous market observer and data analyst, TRX has built an almost current price -to -win wall, which works as support in the event of a violent enemy. However, it also contains a wall of sale at about $ 0.3, which may mean that the original will remain within this range for a period of time.

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