Tron’s Sunpump Transactions Spike also acquires the activity of Mimi Mimi

There was a return in transactions for every symbol on the TRON platform for the launch and trading of Meme, Sunpump currencies.

The last trend indicates a renewed interest in coins in the TON network, as this controversial group has witnessed the increase in adoption and even the official recognition of prominent figures, including political leaders and public figures.

The activity of the sun’s pump rises

According to Data The volume of transactions on the Sunpump, which was assembled by Cryptoquant, which historically indicates a transformation in the market morale.

When the transactions of each symbol decrease, they often correspond to the investor’s enthusiasm and the formation of local bottoms in TRX.

On the other hand, the bullish trend of transactions for each symbol indicates the growing activity in the market, although it also provides higher volatility risks. Cryptoquant urges investors to be careful, as previous nails have preceded sharp price fluctuations.

Since August 2024, more than 95,000 symbols have been launched on Sunpump, with more than 2.84 million registered transactions. The most important activity has been observed between August and September, but the recent increase may indicate the brutal recovery of the market. Analysts suggest that if the volume of transactions continues to rise, TRX and the relevant assets may face increasing momentum in the short term.

Zoom: the growth of the Tron network

In a previous review, Cryptoquant stated that the TON network has evolved from a USDT platform to an increased central financing center (DEFI) in 2024. Historically, USD transactions are the vast majority of activity on TRO 62 billion dollars throughout the year.

The transferred value increased, reaching $ 576 billion by December 2024. TON, in cooperation with Tether and TRM LABS, has taken steps to combat financial crimes, and freezing more than $ 100 million of illegal assets.

Besides Stablecoin, TRON’s DeFi activity with platforms such as Sunswap as well as Sunpump. Sunswap, for one, facilitated symbolic, decentralized symbolism, processing four million monthly transactions in August 2024.

In addition, WTRX, a wrapped version of TRX, has become one of the main assets that contributed to the growth of Sunswap swap size. This increase in the activity has strengthened the monthly network fees of TON to $ 236 million by the end of the year.