Tron Network Growth Surges Amidst TRX's Sideways Price Structure

Total MarketCap:$3,384.08B-0.38%

24H Vol:$175.65B

BTC:

sat/vB

API

Light

Install App

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research

Updated 2 hours ago

SoSo Daily May 10 | Coinbase announces the launch of 24/7 Bitcoin and Ethereum futures trading, following the $2.90 billion acquisition of Deribit.

00:00 / 00:00

Al-Driven Crypto Investment Research Revolution

Scan QR Code to Explore more key information

https://sosovalue.com/chat

To pick up a draggable item, press the space bar. While dragging, use the arrow keys to move the item. Press space again to drop the item in its new position, or press escape to cancel.

#Layer1

$TRX

AmbCrypto

392Words

Jan 24, 2025

Tron ($TRX) has experienced significant network growth, with users surpassing 2 million, attributed to increased investor confidence following the launch of its high-yield stablecoin, USDD 2.0. Despite this growth, $TRX's price has been stuck in a sideways structure between $0.22 and $0.27 since January 2025, influenced by cautious market sentiment and technical indicators like low capital inflows and muted demand. The upcoming FOMC meeting may further impact this trend. A notable $3.6 trillion transfer on January 15 highlights Tron's robust network activity, although short-term price movements remain tightly consolidated.

All You Need to Know in 10s

Coinbase announces the launch of 24/7 Bitcoin and Ethereum futures trading, following the $2.90 billion acquisition of Deribit.

Vice President Vance to Deliver Keynote Speech at Bitcoin 2025 Conference, Focusing on Bitcoin and the Future of the United States

Senate Democrats Demand Answers on Trump's Cryptocurrency Ties with Binance

BlackRock Meets with SEC Cryptocurrency Working Group, Focusing on Cryptocurrency ETF Collateral and Options Regulation

Coinbase once considered adopting Michael Saylor's Bitcoin investment strategy

A giant whale transferred 500 billion PEPE to Binance, making nearly 2 million USD in arbitrage in a single day.

Bitcoin mining company TeraWulf's net loss expanded to 61.40 million USD in the first quarter

Analysts have mixed opinions on Coinbase's acquisition of Deribit: derivative product expansion is welcomed, but retail user growth is doubtful.

ZachXBT: Law enforcement mistakenly arrested a former Yuga researcher involved in the 2022 BAYC NFT theft case

EigenLayer Launches "Redistribution" Mechanism to Support AVS in Reallocating Forfeited Funds

BTC:$103,003.2+0.28%ETH:$2,338.08+6.43%ssiMAG7:$20.96+3.45%ssiMeme:$19.53+6.38%

BTC:$103,003.2+0.28%ETH:$2,338.08+6.43%XRP:$2.3603+2.46%BNB:$671.41+7.56%

SOL:$171.8+5.79%DOGE:$0.20611+5.60%ADA:$0.7812+1.36%TRX:$0.2639+3.05%

02:28Michael Saylor: Bitcoin is undergoing an investor rotation, with a new batch of long-term investors entering the market

02:15Established Meme coins experience widespread price increase, PNUT rises nearly 60% in 24 hours

TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog

Hi, I'm your crypto AI assistant Socatis. Ask me anything about crypto.