TRON DAO has announced that the total supply of USDT on the TRON network has surpassed $70 billion, reinforcing its dominance in the stablecoin market.
Key Highlights:
Daily USDT transactions on TRON exceed $19 billion.
TRX price is currently around $0.243, down 0.0189% in the last 24 hours.
Analysts expect a potential move towards $0.255, driven by fresh USDT minting and bullish ETF filings. (Source: Tron Weekly)
Analysis: The massive increase in stablecoin activity further strengthens TRON’s importance in the DeFi ecosystem. This could be a bullish signal for TRX in the coming days.
Reason: ETH is bouncing from key support with bullish RSI divergence and volume confirmation indicating possible upward move. Note: Use proper risk management, adjust leverage smartly, and always follow your strategy.
Another solid trade by ADVISOR_R! +75.64% ROI on $ENJUSDT short with 20x leverage. Strategy, timing, and smart risk management — that’s the key. Stay tuned for more signals!