Tron (TRX) has captured investor attention once again with major developments surrounding its future. On Monday, Nasdaq-listed SRM Entertainment (SRM.O) confirmed a strategic agreement with Tron founder Justin Sun. The deal will see SRM acquire Tron tokens, rebrand itself as “Tron Inc.,” and onboard Sun as an adviser, effectively bringing Tron closer to becoming a…
Tag: tron price
Analyst Explains Reason Behind Tron Price Sluggishness — Are TRX Bears Now In Control?
The Tron price has continued on its recovery path since reaching a bottom in mid-March, steadily climbing almost every week. Mirroring the improving crypto market sentiment, the price of TRX maintained a level of stability in its bullish momentum throughout the month of May as it slowly ascended to a local high above $0.28. However,…
Tron Energy Needs Rise 100% In 3 Months: New All-Time High Incoming?
Tron is now in the top 10 blockchains by market cap, flipping Toncoin and Cardano. While there were initial doubts about the network dying a natural death due to the then “superior” competitor Ethereum in the first few years, the smart contracts platform has surpassed expectations. Tron Energy Demand Doubles In 3 Months At spot…
Tron (TRX) Holds Green as Markets Fall: Can It Keep Going?
Tron price is holding gains above the $0.1560 zone against the US Dollar. TRX is outperforming Bitcoin and could start a fresh increase above $0.1600. Tron is stable and holding gains above $0.1560 against the US dollar. The price is trading below $0.1580 and the 100-hourly simple moving average. There is a key bullish trend…