This discussion about TRX's upcoming reduction in production is worth paying attention to! Will TRX enter a halving cycle like Bitcoin?
I would like to share my personal views. As we all know, TRX has been in a deflationary situation of 1% per year, making it the only deflationary cryptocurrency among all mainstream ones.
However, due to the gradual increase in TRX's price, the rewards for block production across the network have risen too much and can be moderately reduced.
The Bitcoin network developed in a similar way; as the network grew, the rewards for block producers decreased. In the early stages, it was understandable to have higher block rewards for cold starts, but after the price of Bitcoin surged significantly, the block rewards decreased. The halving has greatly helped Bitcoin's cycle. This aligns with the original spirit of Satoshi Nakamoto's design for Bitcoin.
From the example of TRX, even assuming a daily reduction of 1 million TRX in rewards, the deflation of TRX could increase by 50%, reaching 1.5% per year. If the reduction is 2 million TRX, the deflation could reach 2% per year, a 100% increase in deflation, which would have a cyclical impact on TRX comparable to Bitcoin's halving.
Even with the reduction in TRX, the current rewards are still very attractive for nodes across the network.
The real decision is left to the TRX community to make.
TRX will be soon on solana. Ready to buy and collaborate 🤝
shadow_13
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$TRX is now unstoppable 🔥🔥 It's high time to join $TRX 🚀🚀 see what's going on$TRX .. 📢📢Recent Developments👇👇
🚨Integration with Solana: Justin Sun, founder of TRON, announced plans to introduce wrapped TRON (TRX) tokens on the Solana blockchain. This integration aims to enhance liquidity and tap into Solana's decentralized finance (DeFi) ecosystem, potentially increasing TRX's utility and demand.
🚨Market Performance: Over the past year, TRX has demonstrated significant growth, with its price increasing by approximately 82.5%. This upward trend reflects TRON's expanding influence in the cryptocurrency market.
📢📢Technical Analysis👇👇
👉Price Movement: As of March 16, 2025, TRX is trading at approximately $0.2265, with an intraday high of $0.2265 and a low of $0.2192.
👉Support and Resistance Levels: TRX maintains strong support around the $0.20 mark. However, resistance levels at $0.23 and $0.24, where many holders are at a loss, could stall further gains.
📢📢Technical Indicators:
👉Relative Strength Index (RSI): The RSI is at 35.71, indicating neutral market sentiment.
👉Moving Averages: Short-term analyses suggest a strong bearish trend, with approximately 92.86% of signals from moving averages pointing downward.
🚨Market Sentiment
The integration with Solana has generated optimism among investors, anticipating increased utility for TRX. However, technical indicators present a mixed outlook, with short-term bearish trends contrasting with long-term growth. #TRX #Tron #Binance #crypto #BinanceSquareFamily
Meme is so popular, Brother Sun should also be featured. Brother Sun's meme is just missing the east wind! I'm thinking about the best way to approach this, and the TRON meme is definitely a core focus.
TRX will be soon on Solana. Ready to buy and collaborate 🤝
🚨 NEW: @justinsuntron Announces $TRX Expansion to Solana 🔥
The move will provide more exposure and accessibility to Tron and give $TRX holders new opportunities to engage with Solana-based applications. @TRON DAO #TRX #solana