New milestone for Tron [TRX], but will that really be enough

TRON's latest announcement is evidence of its efforts to increase TRX's global adoption and usage. TRON has announced a partnership with the Commonwealth of Dominica to usher in a new era of Web 3.0.

Timeline of Tron

TRON [TRX] burned over 18.74 million tokens over 24 hours until 3 March, as per data from Tronscan. With the number of new tokens generated being flat, the net issuance rate, or the difference in the number of tokens generated and the number of tokens burnt, fell further.

The price action of TRON [TRX] had strong bullishness behind it. The rally that began in January has not yet stopped on the higher timeframes, as TRX continued to make higher highs and higher lows.

TRON [TRX] published its weekly highlights on 25 February, in which it mentioned all the notable developments in its ecosystem over the past seven days. The most significant update was related to its earlier-announced AI development fund.

TRON [TRX] has been stepping up its game in terms of burn activity, which proves its deflationary characteristic. The figure has increased considerably since 2022, and over 600 TRX tokens have been removed from the circulating supply in the last three months.

TRON [TRX] shared a report on the network's notable developments that took place in the last week. One of the highlights was the sharp increase in the number of burnt tokens, which surpassed 15 billion.

On 10 February, TRON [TRX] announced that the total amount of TRX burned had surpassed 15 billion. With this, the circulating supply of TRX had been reduced by 10.3 billion, which was worth $950, further establishing its deflationary nature.

Binance News: The largest cryptocurrency exchange in terms of trading volume, announced on Saturday that it had reset the withdrawal limits on the Tron network to their previous levels in response to community feedback. Earlier, Binance had stated that it would be hiking fees following a vote by the Tron DAO to alter the energy The post Binance News: Crypto Exchange Has Good News For TRON Users appeared first on CoinGape.

In recent years, AI (artificial intelligence) has emerged as one of the most intriguing and quickly expanding technological narratives. The growing interest in artificial intelligence is fueled by its potential to change industries and improve the quality of life for people all around the world.

Tron [TRX] has presented itself as a viable alternative to Ethereum's [ETH] blockchain, as it is speedier and more cost-effective. On 7 February, Messari released a report that evaluated the state of the blockchain as of the fourth quarter of 2022 (Q4).

As the interest in artificial intelligence (AI) is witnessing revival, both in the mainstream as well as in the cryptocurrency sector, the decentralized autonomous organization behind the TRON (TRX) ecosystem has announced the establishment of a $100 million Artificial Intelligence Development Fund.