Tron Rises 24% Amid New Developments – Will The Uptrend Continue?

Tron Rises 24% Amid New Developments – Will The Uptrend Continue?
Tron (TRX) investors continue to feel bullish even as the market dips after certain on-chain developments help investor sentiment remain high. According to CoinGecko, the token has increased more than 24% since last week, a sign that investors on the platform have held TRX and accumulated to capture more gains.  Related Reading: Cardano (ADA) Nears Key Level As Analyst Eyes Over 100% Upside – Details Tron’s developments will help TRX hold against the downward trajectory the market has taken today. However, questions remain about whether the token will continue to go against the broader market or follow the dip.  Tron On-chain Developments Drive TRX Sky High With Tron’s focus on stablecoin development made apparent by Tron founder Justin Sun last month, yesterday saw a big win for the platform as Tether minted over $1 billion USDT without paying any gas fees on the platform. This placed Tron in the crosshairs of critics as they questioned the “no gas fee” transaction with an individual pointing out that they are charged a dollar for a simple swap approval.  Our team is devel ..

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