Tron (TRX) 100% Holders Are in Profit:

TRX has showcased good price activity recently, where 100% of holders’ addresses were in green. Also, no addresses were making a loss, per the On-chain research website. Similarly, in the past 7 days, the transactions greater than $100K were $4.12 Billion.

Moreover, the transaction volume surged to 5.87 Billion TRX in mere days. Meanwhile, the total number of addresses with a balance of Tron was 110.65 million.

Additionally, the average time the token was held was 1.4 years before it got transferred from possession. The Whale concentration was higher at 56.46% holding 47.96 Billion TRX.

Per Coincarp, the Rich list highlights that TRX has witnessed amazing user growth and adoption. The ace in the rich list holds 11.06% of the floating supply, and the top 20 holds 22.24% of the supply.

TRX Numbers on the go

The trading volume of spot for the Tron has advanced by 47.22% in the last 24 hours, resulting in a traded value of $927.60 Million. Following the surge, it showed a rise in demand; the market cap also advanced by 4.34% and was valued at $14.590 Billion at press time. This made it the 9th largest cryptocurrency globally.

As per Coincodex, the price sentiment of Tron was bullish and the fear and greed index was at 55. The value of the derivatives traded volume for the Tron advanced by 61.66% in the last 24 hours resulting in $572.24 Million.

Price Action of Tron (TRX)

Since late November 2022, TRX displayed a significant bullish rally. It climbed from a support level of $0.050 within a descending triangle to a peak of $0.1439 by February 2024, marking a 220% gain.

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