Market Cap: $2.6335T -7.920%
Volume(24h): $157.9335B -1.700%
  • Market Cap: $2.6335T -7.920%
  • Volume(24h): $157.9335B -1.700%
  • Fear & Greed Index:
  • Market Cap: $2.6335T -7.920%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$79785.470194 USD

-7.56%

ethereum
ethereum

$2122.537481 USD

-9.79%

tether
tether

$0.998851 USD

-0.02%

xrp
xrp

$2.021993 USD

-9.16%

bnb
bnb

$572.731267 USD

-7.29%

solana
solana

$128.910116 USD

-8.92%

usd-coin
usd-coin

$0.999878 USD

-0.01%

dogecoin
dogecoin

$0.186129 USD

-11.09%

cardano
cardano

$0.593669 USD

-11.26%

tron
tron

$0.219233 USD

-4.14%

litecoin
litecoin

$118.062717 USD

-8.03%

chainlink
chainlink

$13.719065 USD

-11.45%

avalanche
avalanche

$20.643703 USD

-9.63%

unus-sed-leo
unus-sed-leo

$9.125602 USD

0.41%

stellar
stellar

$0.261312 USD

-10.63%

Cryptocurrency News Articles

Despite the Recent Volatility in the Crypto Market, TRON (TRX) Has Remained Resilient

Feb 28, 2025 at 11:30 am

This price action signals growing strength in TRON's ecosystem as it continues to lead in altcoin transactions.

Despite the Recent Volatility in the Crypto Market, TRON (TRX) Has Remained Resilient

Despite the recent volatility in the crypto market, TRON (TRX) has remained resilient, showing strong recovery potential. While many altcoins faced sharp declines, TRX held its ground, recently dipping to $0.22 before swiftly rebounding.

TRON Leads Altcoin Transactions with 41.6% Market Share

According to CryptoQuant, TRON has solidified its position as the most active altcoin network, commanding a 41.6% transaction share, excluding Solana (SOL) and Binance Coin (BNB). This dominance is fueled primarily by Tether (USDT) transfers and DeFi growth, as TRON serves as a key infrastructure for stablecoin transactions.

Over the past few months, TRON has maintained its lead, consistently holding around 40% of total altcoin transactions. Its ability to process high-volume, low-cost transactions makes it a preferred choice for stablecoin transfers, especially in emerging markets where USDT adoption is surging.

TRON’s Uptrend Signals +444% Potential Upside

Market optimism around TRX remains high. Crypto expert JAVON MARKS pointed out that TRX has been on an upward trajectory since its breakout and could still be positioned for significant gains.

His analysis suggests that TRX could rally toward $1.11, representing a +444% potential upside from current levels.

Why TRON Remains a Strong Contender

TRON’s network plays a crucial role in the crypto economy by processing billions in USDT transactions, reinforcing its dominance in the stablecoin market. Additionally, its DeFi ecosystem continues to expand, attracting liquidity and new projects that further strengthen its position in decentralized finance.

With high-speed, low-cost transactions, TRON also stands out as an efficient alternative to Ethereum, making it a preferred choice for stablecoin users seeking scalability and affordability.

With on-chain activity surging and institutional interest growing, TRX’s resilience in a volatile market could set the stage for its next major breakout. If momentum continues, TRX could be one of the strongest altcoin performers in the coming months.

Read More : XRP Eyes $3 as Market Rebounds, Can It Sustain the Momentum?

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Feb 28, 2025