Prices and news of the crypto assets Tron, Algorand and Litecoin

Welcome to our latest article delving into the dynamic crypto world, where prices and news collide to shape the landscape of digital assets, in this piece, we turn our attention to three prominent crypto projects Tron, Algorand and Litecoin.

Timeline of Algorand, Litecoin, Tron

One week after the highly anticipated Litecoin halving event on August 2, on-chain data reveals that the network's hash rate, a key measure of computing power channeled to the network, is steady but erratic. As of August 9, trackers indicate that the Litecoin network's hash rate is hovering around 760 TH/s, a notable decrease from the all-time peak of 816 TH/s recorded in late July 2023.

Tron's latest bearish moves were seen giving way to the bulls considering TRX's sideways action. Additionally, Tron also announced that it would embrace Huawei's Node Engine Service.

Litecoin (LTC) is reaping the dividends of its halving as more mega marketplaces are now showing their support for one of the tokens built on the protocol as LTC20, LITE, through a timely listing. LITE Goes Live on Gate.io For the first time since its halving event, Litecoin's LITE token has tapped a mega listing

The blockchain platform, Algorand (ALGO) is partnering with global philanthropist Clinton Foundation to fight climate challenges. The collaboration will explore inventive approaches to address environmental changes. Leveraging blockchain to solve Climate Change The Clinton Foundation and Algorand will join forces to leverage blockchain to address one of the most pressing issues – climate change.

It was observed that most long-term holders are still holding on to their LTC. While this confirms that the long-term market sentiment remains bullish, it has certainly not been the case for the short-term outlook.

Data shows that Litecoin long-term holders exited the asset before the halving, while short-term holders were left to panic on the halving day. The “halving” here refers to an event where the block rewards of Litecoin are permanently cut in half.

Since their debut on August 1, perpetual futures contracts for XRP and Litecoin (LTC) have seen a staggering $43.7 million in trading volume on Coinbase International, according to recent data shared by the exchanges.

Bitwage is pleased to announce the integration of Tether USDT via TRON network, marking another significant milestone in their journey “to deliver seamless cross-border and multi-currency services.

Algorand (ALGO) is on a bullish rampage today after soaring as high as $0.1185 upon gaining a total of 6.83% over the past 24 hours. Algorand has managed to sustain its growth trend in the trailing seven-day period after printing a total gain of 10.2%.

Bitcoin (CRYPTO: BTC) traded higher, with the cryptocurrency prices trading above the key $29,500 level on Tuesday. Ethereum (CRYPTO: ETH) also moved higher, trading above the key $1,800 mark this morning.