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âïž TRON ($TRX ) Price Watch: Steady Climb or Sudden Slide Ahead? While the crypto market has reached $3.24 trillion after slipping by over2.79%, the fear and greed index has stepped into the neutral zone with the value holding at 55. The assets are riding the bearish waves. Among the altcoins, TRON (TRX) has posted a brief loss of over 1.07% in the last 24 hours. In the early hours, the asset traded within the high range of $0.2732. Instead of breaking out, with the bearish command, the asset has slipped to the lowest price of $0.2732. At the time of writing, TRON traded at around the $0.2691 level, with its daily trading volume spiked by 9.31%, reaching $757 million, as per CMC data. Notably, the assetâs weekly trading chart was in red and the monthly price chart has reported a gain of over 8%. The mixed momentum of the TRON price trajectory could only reverse after a solid gain. đž Can #TRON Break Free or is a Dip Looming? TRONâs Moving Average Convergence Divergence (MACD) line and signal line are below the zero line. This crossover likely indicates a potent negative sentiment, and the weakness or the bearish phase might continue within the market. Besides, the Chaikin Money Flow indicator at 0.00 suggests a neutral market sentiment â neither buying nor selling pressure is currently dominant. The inflow and outflow of the money are balanced. Assuming the assetâs support at the range of $0.2650 fails to hold, the price could likely plummet toward the $0.25 mark. The sustained bearish pressure in the market might push the assetâs price even down to its former lows. Contrarily, if TRON bulls take charge for an upside correction, the price might break above the $0.2737 resistance level. In the case of the potent bulls gaining enough strength to push the price to kickstart a rally toward $0.2770 or above. In addition, the Bull Bear Power (BBP) reading of -0.0043 hints at a slight bearish pressure in the market, and the momentum may be tilting slightly downward. TRONâs daily relative strength index (RSI) is found at 60.43.
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đ $NEAR to Hit 1 Million TPS This Year: Bold Statement NEAR Protocol (NEAR), a high-performance smart contract platform, might be the first L1 blockchain to achieve 1 million transactions per second bandwidth as soon as this year. As explained by its R&D unit lead Bowen Wang, NEAR Protocol will accomplish this numbers thanks to dynamic resharding architecture. đž #NEAR is ready to hit 1 million TPS by end of 2025, here's how NEAR Protocol (NEAR), a popular programmable Layer-1 blockchain, might reach 1 million transactions per second (TPS) as soon as this year, points out Bowen Wang, founder of NEAR One, R&D unit overseeing the tech development of the NEAR blockchain. Weâre aiming for @NearProtocol to process 1 million transactions per second within this year, starting in a testing network. The goal is to prove how NEARâs sharding design can support the massive influx of volume our industry will likely see from AI agentsâ Bowen Wang (@BowenWang18) May 30, 2025 This development, with 1 million TPS, will be first released on the testnet, Wang explains. Such developments are inevitable for mainstream blockchains to fuel the new Web3 use cases associated with artificial intelligence (AI) and machine learning (ML): The goal is to prove how NEARâs sharding design can support the massive influx of volume our industry will likely see from AI agents Meanwhile, Nightshade 2.0, the current approach NEAR Protocol leverages for its sharding design, is already able to process this amount of transaction workload. Sharding refers to network architecture design when the blockchain relies on an ecosystem of interconnected sub-blockchains (shards). At the same time, NEAR Blockchain might migrate to the "dynamic resharding" model where shards automatically split and merge according to network load. NEAR Protocol will also change the design of its validation instruments. When zero-knowledge proving becomes fast enough, NEAR is expected to replace the merkle-proof based state witness with ZK proofs. #NEAR #NEARProtocol
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đ What to Expect in Bitcoin in June? Expert Analysts Share Their Predictions Bitcoin enters June with bullish expectations, supported by institutional investor interest and strong ETF inflows. In May, the balance between both macroeconomic uncertainty and crypto adoption was tipped in favor of Bitcoin by blockchain-based institutional moves. BTC closed the month up nearly 10%, posting its second consecutive monthly gain. This performance was largely driven by Bitcoin ETF inflows totaling $5.6 billion and corporate treasuries purchasing Bitcoin. According to Bitcoin Treasuries data, the amount of Bitcoin held by public companies increased by 4% in May, reaching a total of $85.6 billion. This trend is expected to continue in June. Experts say that uncertainties, especially regarding customs duties brought back to the agenda by US President Donald Trump, may pose a short-term risk for Bitcoin, but this situation may increase interest in cryptocurrencies in the long term. âThe ability to make sudden policy changes on things like customs duties makes short-term pricing very difficult,â said Chris Rhine, head of liquid assets strategies at Galaxy Digital. Rhine also said that such uncertainties could cause a slowdown in economic activity, which could increase the likelihood of monetary support such as rate cuts. In May, Bitcoinâs tendency to diverge from stocks also drew attention. It was observed that Bitcoin gained value both in periods when risk appetite increased and in times when the search for safe havens in the markets came to the fore. 21Shares USA President Federico Brokate stated that âThe macro situation is still very importantâ and that whether this divergence is sustainable will be more clearly understood in June. Bitcoin hit an all-time high of $111,999 on May 22 before falling to $104,000 amid Trumpâs comments about a trade war with China. The president has taken to social media to suggest that China is violating the existing trade agreement. #BTC #Bitcoin
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đ What Whales Are Buying For Potential Gains in June In the last week of May, the cryptocurrency market experienced a slowdown in trading activity as participants took profits following recent rallies. Despite this brief lull, several altcoins have caught the attention of large investors, commonly known as whales. đž Dogecoin (#DOGE ) The leading meme coin, DOGE, is among the assets crypto whales are accumulating for potential gains in June. This trend is reflected in the recent surge in DOGE accumulation among whale wallets holding between 1 million and 10 million tokens. According to Santiment, this group of DOGE whales added 30 million tokens to their wallets over the past week. Such buying activity by whales often serves as a strong signal to retail traders. Seeing large investors confidently increase their positions can encourage retail participation. This could drive up DOGEâs value as buying momentum builds across the market. If buying pressure subsists, the token could resume its rally and climb to $0.206. However, if whale accumulation stalls and selloffs strengthen, DOGEâs value could fall to $0.175. đž Avalanche (#AVAX ) Layer-1 (L1) coin AVAX is another asset crypto whales are holding for gains in June. This is reflected by the 474% uptick in the coinâs large holdersâ netflow in the past seven days. Large holders are whale addresses that hold more than 0.1% of an assetâs circulating supply. Their netflow tracks the difference between the coins they buy and the amount they sell over a specific period. When an assetâs large holdersâ netflow increases, more of its tokens are flowing into the wallets of these major investors than are flowing out. This trend indicates that AVAX whales are accumulating the asset, signaling confidence in its future value. AVAX could witness a rebound and surge to $24.28 if whale accumulation continues. On the other hand, the altcoinâs price could extend its decline to $14.66 if the whales begin to sell for profit.
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đ” Cardano Dips to $0.666: What's Next for $ADA ? Cryptocurrencies began the weekend in the red, with Cardano (ADA), the 10th-largest cryptocurrency by market capitalization, marking significant losses. At the time of writing, #ADA was down 4.08% in the last 24 hours to $0.677 following an earlier drop to $0.666, with intraday lows of $0.6567. Cardano has declined since May 26 and will mark the fifth day of losses if today closes in the red. The drop caused ADA to drop below the 50-day SMA at $0.714, a key level that will determine whether ADA will extend its consolidation or fall further. If the ADA price remains below the 50-day SMA, it indicates that the bulls may be racing to the exit. ADA might fall to $0.60, where buyers are likely to come in. A bounce off $0.60 could indicate potential range trading in the short term. To show strength, bulls might need to push and sustain the ADA price over $0.74. ADA could rise to the overhead resistance of $0.826, which coincides with the 200-day SMA and is a crucial level to monitor. A break and close over $0.826 and then $0.86 could send ADA to $1.01. đž #Cardano hits fresh milestones Cardano has reached a significant milestone, now supporting a total of 2,002 projects building on its network. Bitcoin Ordinals have been bridged to Cardano for the first time using BitVMX, marking a new interoperability milestone. According to the most recent development report by Input Output, the number of delegated wallets held steady at 1.33 million, reflecting a slight weekly increase of 0.02% and indicating continued user engagement. On the asset side, 10.81 million native tokens have been issued through 215,713 token policies. Development activity is increasing, with 134,286 Plutus scripts and 6,817 Aiken scripts deployed. Governance engagement has also increased, with 1,331 delegated representatives (DReps), including 963 active DReps, a 1.14% rise from the previous week. Developer contributions remain significant, with 305 GitHub commits, representing a 23.73% increase in weekly activity.
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