EddieJayonCrypto

 6 Dec 24

tl;dr

Tron blockchain's total value locked (TVL) surged to $36.2 billion, marking a new all-time high on December 4. Tron's TRX token reached a record-high price of $0.44 before pulling back to $0.33, with potential inclusion in Grayscale's portfolio and Justin Sun's involvement driving the rally. The sta...

The Tron blockchain has achieved a new all-time high with a total value locked (TVL) of $36.2 billion, showcasing its growing appeal within the decentralized finance (DeFi) space. Additionally, Tron's TRX token reached a record-high price of $0.44, driven by speculation around its potential inclusion in Grayscale's investment portfolio and Justin Sun's involvement. The stablecoin market cap on Tron has also been on a consistent rise, with USDT dominating at 98% market share. This surge in Tron's TVL and the TRX token's performance reflect the network's increasing adoption for DeFi applications and stablecoin transactions, making it a prominent player in the crypto market.

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