Search results for "TRX"

Tron (TRX) saw a significant profit pullback in early June, and the mastermind behind it was actually TA?

Gate News, in the CryptoQuant Quicktake article, analyst Maartunn discussed the recent trend of Tron (TRX)'s Spent Output Profit Ratio (SOPR). The data shows that when TRXToken "dormant" holders break their silence, it is likely for the purpose of selling related assets.
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ZachXBT: Iranian encryption exchange Nobitex suspected of being attacked by a Hacker

ChainCatcher news, on-chain detective ZachXBT revealed that the Iranian exchange Nobitex is suspected of being attacked by a Hacker, with a large amount of suspicious withdrawals appearing on the Tron chain, totaling 48.65 million dollars.
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ZachXBT: Iran exchange Nobitex suspected of being attacked and $48.65 million stolen

Gate News bot news, on-chain detective ZachXBT posted on the TG channel stating that the Iranian crypto assets exchange "Nobitex" is suspected of being attacked, with 48.65 million USD stolen on the Tron chain. Multiple wallets associated with it have shown suspicious fund outflows.
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ZachXBT: Iranian encryption exchange Nobitex suspected of being attacked by a Hacker.

PANews June 18 news, on-chain detective ZachXBT revealed that the Iranian encryption exchange Nobitex is suspected of suffering a hacker attack, with a large amount of suspicious withdrawals appearing on the Tron chain, totaling 48.65 million USD.
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The Trump family's encryption project WLFI launched the USD stablecoin USD1 on the TRON blockchain.

Gate News bot news, the Trump family's encryption project WLFI has launched its USD stablecoin USD1 on the TRON network.
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Justin Sun: USD1 stablecoin has been officially minted on the TRON network.

According to BlockBeats news, on June 11, TRON founder Justin Sun announced that the USD1 stablecoin supported by the Trump family WLFI has been officially minted on the TRON network. It is a small step for USD1, but a huge leap for stablecoins.
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TRON Mainnet plans to reduce block and voting rewards, with the reduction proposal expected to start voting on June 10.

According to TRON's official announcement, core developers have reached a preliminary consensus on the mainnet TRX production reduction plan. The latest proposal proposes to reduce the block reward from 16 TRX to 8 TRX and the voting reward from 160 TRX to 128 TRX, aiming to accelerate the deflation process and optimize the economic model of the network, so as to ensure the long-term sustainable development of the network. The proposal is expected to officially start voting on June 10, 2025, Singapore time. The community can currently participate in the discussion on the proposal through Github, and the final result will depend on the on-chain voting.
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The IXO™ 2025 Annual Forum will open in Seoul in June, with projects such as TRON and Chiliz confirming their attendance.

ChainCatcher news, the well-known Korean encryption media TokenPost announced that the IXO™ 2025 Annual Forum will be held in Seoul, South Korea on June 24-25, 2025. As one of the most influential Web3 industry events in Korea, this forum has already confirmed the participation of representatives from well-known project parties such as TRON, Chiliz, IoTeX, and CertiK.
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Tether has issued an additional 2 billion USDT on the TRON network.

PANews May 21 news, according to Onchain Lens monitoring, Tether has again issued 2 billion USDT on the TRON network. From 2025 to now, Tether has cumulatively issued 18 billion USDT on the TRON network.
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Slow Mist: Over the past 18 months, USDT deposits and withdrawals processed through HuionePay have exceeded $50 billion.

According to Gate News bot, a report from Slow Mist monitoring indicates that over $50 billion in USDT deposits and withdrawals have been processed through the Telegram-based illegal online market HuionePay in the past 18 months.
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Slow Fog: Over the past 18 months, USDT deposits and withdrawals processed through HuionePay have exceeded $50 billion.

HuionePay has processed over $50 billion in USDT deposits and withdrawals in the past 18 months and is under scrutiny by global regulators for suspected Money Laundering. Telegram dark web traders have turned to Tudou Guarantee.
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TRX price prediction: Tether's USDT supply on TRON exceeds $80 billion.

According to Gate, after rebounding 3.5% the previous day, on Tuesday (June 24) during the Asian afternoon, TRON (TRX) stabilized around $0.270. This rebound is attributed to TRX reaching an important milestone on the network, with the supply of Tether's USDT stablecoin on the TRON blockchain exceeding $80 billion, reflecting its rapid growth and popularity. As bullish momentum strengthens, technical prospects indicate a further rebound in the coming days, with a target price of $0.29.
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The total supply of USDT on the Tron network has surpassed 80 billion USD.

PANews, June 24, news According to Lookonchain monitoring, the total supply of USDT on the Tron network has exceeded 80 billion USD, more than twice the 39.2 billion USD customer funds balance recently disclosed by PayPal.
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Tron and Arbitrum are catalyzing a short-term rise, while BlockDAG is building momentum for long-term growth.

Gate News bot message, Tron (TRX) is steadily rising, driven by political news and increasing investor interest, and is gaining attention. Arbitrum (ARB) has also quietly returned, with its price movement breaking through key resistance levels. Although these two tokens are driven by short-term catalysts, BlockDAG (BDAG) is building long-term growth momentum with strong data.
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Tether froze $12.3 million USDT assets on the Tron blockchain.

According to Gate News bot, FinanceFeeds reports that the blockchain data platform Tronscan shows that Tether executed a freezing operation on the Tron blockchain at 9:15 AM (UTC) on Sunday, involving an amount exceeding 12.3 million USDT. As of now, Tether has not made any public statement regarding this incident. This freezing action is related to the U.S. Treasury's sanctions list and AML regulatory measures.
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The voting for the TRON Mainnet TRX reduction proposal has officially begun, with the annual deflation rate of TRX proposed to rise to 1.29%.

TRON has launched a vote on the TRX reduction proposal, planning to decrease the block rewards from 16 TRX to 8 TRX, with the annual inflation rate expected to increase from 0.85% to 1.29%. This move will reduce new supply and enhance the scarcity and value of TRX, positively impacting holders. The voting will take place from June 10 to 13, 2025.
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Rumble has reached a strategic cooperation with TRON DAO to provide cloud infrastructure support.

According to the Gate News bot, Rumble has officially announced a strategic partnership with TRON DAO. As part of the collaboration, Rumble Cloud will provide cloud infrastructure support to TRON in the first phase. Specifically, Rumble Cloud will provide services such as virtual machines, Kubernetes container orchestration, block and object storage, and load balancing for the TRON network, thereby strengthening the operational stability and anti-censorship capabilities of the TRON network, while enhancing the level of decentralization and system resilience.
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Placeholder Partner: The GENIUS Act first brings Favourable Information to ETH, followed by SOL and TRX.

Golden Finance reports that Placeholder partner Chris Burniske stated that among all encryption assets, the GENIUS Act may be most beneficial to Ethereum (ETH), mainly due to its strong stablecoin base, sound Decentralized Finance infrastructure, and long-established institutional relationships. Analysts believe Solana (SOL) will follow closely behind, while TRON (TRX) may become an overlooked dark horse in the market.
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Voting for the TRON Mainnet 4.8.0 version upgrade proposal has officially begun.

According to ChainCatcher news and TRON community reports, the Super Representative (SR) initiated the voting request No. 103 at 13:14:54 Singapore time on June 23, proposing to enable the new Virtual Machine instructions added in version 4.8.0 and to optimize the Consensus layer verification mechanism. The voting will close at 14:00:00 Singapore time on June 26. If the voting results support the proposal, the TRON mainnet will be compatible with the Ethereum Cancun upgrade's Virtual Machine instructions, further enhancing the consistency and effectiveness of the transaction execution process. The voting is currently underway, and community members can view the voting progress in real-time through TRON SCAN.
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Voting for the TRON Mainnet version 4.8.0 upgrade proposal is officially open.

The TRON community initiated vote number 103 on June 23, proposing to enable version 4.8.0 of the Virtual Machine instructions and optimize the Consensus layer verification mechanism. The voting deadline is June 26, and if passed, it will make the Mainnet compatible with the Ethereum Cancun upgrade, improving transaction consistency and efficiency.
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Tether Treasury issued 2 billion USDT on the Tron blockchain 10 hours ago.

According to Gate News bot, Whale Alert monitored that approximately 10 hours ago, Tether Treasury issued a total of 2 billion USDT in two batches on the Tron链上.
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Affected by the reverse merger listing of Tron, SRM Entertainment's stock price has risen by 200%.

Odaily News The US stock market shows that the stock price of SRM Entertainment (SRM) has risen significantly due to the news that "SRM Entertainment receives a $100 million investment from Tron and plans to rename itself as Tron Inc". The current price is reported at $4.6, with an increase of 217.3%.
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In the past 7 days, stablecoins on the Tron chain increased by $1.38 billion, while those on the Avalanche chain decreased by $768.6 million.

PANews June 16 news, according to Lookonchain monitoring, in the past 7 days, the on-chain stablecoins (USDT & USDC) on the Tron chain increased by $1.38 billion, while the stablecoins (USDT & USDC) on the Avalanche chain decreased by $768.6 million.
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The listed company SRM Entertainment will launch a TRX reserve strategy and rename itself to Tron Inc.

SRM Entertainment, Inc. (NASDAQ: SRM), a toy and souvenir design and development company, announced today that it has entered into a securities purchase agreement (SPA) with a private investor to receive a $100 million equity investment to launch its TRON Token (TRX) reserve strategy, Globenewswire reported on June 16. At the same time, TRON blockchain founder Justin SUN was appointed as the company's advisor. Under the terms of the agreement, the Company will issue an aggregate of 100,000 Series B convertible preferred shares, which may be converted into 200,000,000 shares of common stock at a conversion price of $0.50 per share, accompanied by 220,000,000 warrants, also at a subscription price of $0.50 per share (collectively, the "Books.").
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TRON Group goes public through a Reverse merger, US regulators suspend investigation.

Gate News bot message, the Financial Times reports that the TRON Group will go public through a reverse merger with Nasdaq-listed SRM Entertainment. US regulators have suspended the investigation into TRON's digital asset platform founded by Sun Yuchen. According to informed sources, this transaction was orchestrated by the New York boutique investment bank Dominari Securities, which is associated with Donald Trump Jr. and Eric Trump. The newly formed joint venture plans to purchase and hold TRX, using the same operational model as Strategy. Source: Financial Times
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Market news: TRON plans to establish a company similar to MSTR with Eric Trump.

PANews June 16 news, according to market news, in addition to the listing plan, TRON also plans to establish a company similar to MSTR with Eric Trump. The new company plans to purchase and hold TRON.
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TRX rose nearly 8% in a short time.

BlockBeats news, on June 16, influenced by the news of "TRON about to be listed", TRX briefly rose nearly 8%.
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Tron or collaborate with Eric Trump to establish a company similar to Strategy.

Odaily News According to market news: Tron may collaborate with Eric Trump, the second son of Trump, to establish a company similar to Strategy.
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Market news: Tron plans to seek a listing in the United States.

Odaily News According to market news: After the U.S. regulators paused their investigation, Tron plans to seek a listing in the United States.
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Tether freezes 12.3 million USDT on-chain of Tron, possibly for compliance reasons.

Gate News bot news, the issuer of the world's largest stablecoin USDT, Tether, has frozen over 12.3 million USDT on the Tron network, continuing to combat illegal activities in the Crypto Assets sector. Tronscan data shows that Tether froze these USDT on the Tron network at 9:15 AM UTC on June 15. Although Tether has not made a public statement, this freeze is likely due to concerns over potential sanction violations or Money Laundering (AML) risks.
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Tether Treasury issued an additional 1 billion USDT on the Tron chain.

Odaily News According to Whale Alert monitoring, Tether Treasury has issued 1 billion USDT on the Tron chain.
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Tether Treasury issued an additional 1 billion USDT on the Tron chain.

Gate News bot reported that according to Whale Alert monitoring, Tether Treasury issued an additional 1,000,000,000 USDT on the Tron chain (, totaling 1,000,799,999 USD.
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The TRON energy rental platform CatFee has surpassed 70,000 daily orders, with a month-on-month rise of 90%.

Recently, the daily average order volume of the CatFee.io platform has exceeded 70,000 orders, showing a rise of about 90% compared to last month, indicating an increase in the activity of the TRC20 TRON energy rental market. The platform provides efficient and low-cost energy rental services through self-built Nodes, supports API access, and ensures service stability.
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In the past 7 days, TRON network stablecoin increased by 913 million dollars, while Solana network stablecoin decreased by 267 million dollars.

BlockBeats news, on May 27, according to lookonchain monitoring, in the past 7 days, TRON network stablecoins (USDT&USDC) increased by 913 million USD, while Solana network stablecoins (USDT&USDC) decreased by 267 million USD.
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In the past 7 days, TRON network stablecoins increased by $913 million, while Solana network stablecoins decreased by $267 million.

According to BlockBeats news on May 27, monitoring by lookonchain shows that in the past 7 days, the TRON network stablecoins (USDT&USDC) increased by 913 million USD, while the Solana network stablecoins (USDT&USDC) decreased by 267 million USD.
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Tether froze approximately 4.04 million USDT across 6 addresses on the TRON network.

PANews May 26 news, according to MistTrack monitoring, Tether has frozen about 4.04 million USDT across 6 addresses on the TRON network. These addresses have been associated with multiple platforms.
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Tethe froze 4.04 million USD in USDT, involving 6 TRON addresses.

According to Jinse Finance, on-chain monitoring platform MistTrack (@MistTrackio) has reported that Tether has frozen approximately 4.04 million USDT across 6 addresses on the TRON network.
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In the past week, the circulating supply of stablecoins on TRON increased by $2.12 billion, while it decreased by $2.44 billion on Ethereum.

PANews May 19th news, according to Lookonchain monitoring, in the past 7 days, the circulating supply of stablecoins (USDT and USDC) on the TRON network increased by 2.12 billion USD, while the circulating supply of stablecoins (USDT and USDC) on the Ethereum network decreased by 2.44 billion USD.
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Tron chain stablecoin increased by $1.74 billion, Solana chain decreased by $1.38 billion.

Gate.io News bot message, according to on-chain data, in the past 7 days, the total amount of stablecoins (USDT and USDC) on the Tron chain increased by $1.74 billion. During the same period, the total amount of stablecoins (USDT and USDC) on the Solana chain decreased by $1.38 billion. Data source: Lookonchain
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Tether has added a minting of 1 billion USDT on the Tron network.

BlockBeats news, on June 22, according to Whale Alert monitoring, Tether Treasury minted 1 billion USDT on the Tron network 2 minutes ago. Tether CEO Paolo Ardoino stated that this is an authorized but unissued transaction, meaning it will be used as inventory for the next issuance request and on-chain swaps.
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An Address holding 12,369,162 USDT has been frozen.

Odaily News According to Whale Alert monitoring, an Address on the Tron chain holding 12,369,162 USDT has been frozen.
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24-hour Spot Fund Inflow/Outflow Ranking: TRX, UNI, TRUMP Top Inflows

In the cryptocurrency market inflow rankings, TRX leads, followed by UNI and TRUMP; while in the outflow rankings, BTC and ETH have the highest net outflows. BTC has a net outflow of 82.47 million USD, and ETH has a net outflow of 80.30 million USD.
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Discussion on the TRON Mainnet 4.8.0 version upgrade proposal has been initiated, aiming to support the Ethereum Cancun upgrade.

The TRON community is discussing the Mainnet 4.8.0 version upgrade proposal, which will support the Ethereum Cancun upgrade and optimize the consensus layer validation mechanism, expected to enter the voting process on June 23, 2025. This upgrade aims to improve the consistency and effectiveness of transaction execution.
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TRON Mainnet TRX reduction proposal was passed with a high vote: block rewards reduced by 50%, voting rewards reduced by 20%.

On June 13, TRON announced that the proposal No. 102 on the main network on TRX production reduction had been successfully voted on at 14:00 Singapore time on the same day, and was passed with 25 votes in favor (a total of 27 votes), which reflects the community's strong support for the strategy of accelerating deflation and optimizing the economic model, and also means that TRX production reduction has entered the official implementation stage. The entry into force of the proposal will reduce the block reward from 16 TRX to 8 TRX (a 50% reduction), the voting reward from 160 TRX to 128 TRX (a 20% reduction), and the expected annualized deflation rate of TRX will increase from 0.85% to 1.29%. The purpose of this production cut is to accelerate the deflationary process of TRX and optimize TRON's economic model to ensure the long-term sustainability of the network
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The encryption card issuer Rain has expanded its stablecoin Visa card service to the Solana, Tron, and Stellar networks.

The encryption card issuer Rain has expanded support for Solana, Tron, and Stellar networks, allowing users to make payments with stablecoins at Visa-supported locations. Businesses can more easily launch their own payment cards, supporting various payment scenarios, facilitating cross-border transactions and daily consumption.
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The encryption card issuer Rain has expanded its stablecoin Visa card service to the Solana, Tron, and Stellar networks.

BlockBeats news, on May 29, according to CoinDesk, the crypto card issuer Rain has added support for Solana, Tron, and Stellar networks, allowing users to make payments with stablecoins anywhere Visa is accepted. This update will make it easier for businesses building projects on these chains to launch their own branded payment cards, supporting both custodial and non-custodial Wallets, suitable for cross-border and various payment scenarios. Users will then be able to use stablecoins for real-life consumption, such as purchasing daily necessities, distribution of corporate payments, or receiving overseas funds.
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The report shows that Tether and Tron dominate the rapidly rising stablecoin payment sector.

Gate News bot, analyst firm Artemis noted in a report titled "Stablecoin Payments from Scratch" that Tether's USDT token and the Tron blockchain network dominate the fast-growing stablecoin payments industry. The report, which analyzed data from 31 stablecoin payment companies with the assistance of venture capital firms Dragonfly and Castle Island Ventures, found that USDT, the leading stablecoin, accounted for 90% of payment transactions, followed by Circle's USDC, in second place. Tron is the preferred settlement network, accounting for about 60% of the transaction volume, followed by Ethereum and Polygon, among others.
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The SEC has delayed the review of multiple encryption ETFs while accepting the application for the Staked TRX ETF.

According to Gate News bot, Bloomberg analyst James Seyffart reported that the U.S. Securities and Exchange Commission ( SEC ) has postponed the review of multiple Crypto Assets ETF applications, involving the XRP ETF and Litecoin ETF submitted by Bitwise and CoinShares, as well as Fidelity's physical Bitcoin ETF application. At the same time, the SEC has officially accepted the Staked TRX ETF application submitted by Canary Funds. Source: Wu Says
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Tether Treasury minted 1 billion USDT on the Tron chain as inventory reserves.

According to the Gate.io News bot, data monitored by WhaleAlert shows that Tether Treasury completed the minting of 1 billion USDT on the Tron chain at 19:17 UTC+8. Tether's Chief Technology Officer Paolo Ardoino provided an explanation, emphasizing that this batch of USDT is currently in an "authorized but not issued" state, which will be used to meet future issuance needs and on-chain conversions, as part of routine inventory management. This batch of newly minted USDT has not yet entered actual circulation. Source: Wu Says
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Data: Tether has issued 75.7 billion USDT on Tron, surpassing Ethereum.

ChainCatcher news, Tether minted 16 billion USDT on Tron in 2025. Overall, Tether has issued 75.7 billion USDT on Tron, surpassing Ethereum.
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