Tron's TVL skyrockets, but is TRX in sync after this latest development?

Tron saw some exciting movement in the market as its TVL managed to surpass every other blockchain other than Ethereum. Additionally, thanks to the SEC-Ripple decision TRX witnessed a significant boost on 13 July.

Timeline of Tron

Tron [TRX] has been in the limelight for quite sometime now and for all the right reasons. With all the development in the ecosystem and indicators favoring a bull run, TRX has managed to prove it mettle in the market.

The Tron (TRX) Network is set to undergo a major upgrade on July 11th, and TRX and other key metrics have seen a steady uptrend as the upgrade approaches. The upcoming Periander upgrade brings significant enhancements to the Tron Network, while TRX experiences a surge in on-chain metrics.

The Tron ecosystem is set to have its first Real World Asset (RWA), with the release of stUSDT today. The primary objective is to incorporate real-time assets into the TRON ecosystem via the establishment of a decentralised RWA investing and management system.

Today marks five years since the launch of the TRON MainNet. To celebrate the milestone, the TRON community has been looking back on the journey so far and making plans for the future.

The Tron blockchain witnessed a significant development as it managed to have 10.2 million transactions since the last three days. However, TRX's performance on the price front failed to impress in comparison to other cryptocurrencies.

Introduction This report provides a comprehensive analysis of TRON's (TRX) price dynamics, covering technical indicators and moving averages. Price and Volume Overview As of 5:31 p.m. UTC on 17 June 2023, on Binance, the price of TRX is $0.07129, which is an increase of $0.00110 (+1.57%) from the previous close.

TRON has partnered with digital asset investment firm DWF Labs, per Bloomberg, with the firm “eager to further support the ecosystem with additional investment in the near future.” Part of the tie-in will see DWF Labs become a liquidity provider to support the growth of the TRON blockchain ecosystem.

Introduction This report provides a comprehensive analysis of TRON (TRX)'s price dynamics on Binance, covering technical indicators, moving averages, pivot points, and more. Price and Volume Snapshot At the time of the report, TRON (TRX) was priced at $0.06931, experiencing an increase of $0.00273 (+4.10%) compared to the previous period.

Over the past few weeks, the price of Tron (TRX) has experienced an upward movement. However, it has struggled to break through a crucial resistance level for a significant period of time.

Tron Price Prediction 2023-2032 TRX, or rather Tronix, is the native crypto asset of the TRON Network.TRON is a Blockchain-based decentralized network targeting an unchained, worldwide digital content entertainment structure using distributed ledger technology and enabling straightforward and cheap data sharing.