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Tron Transactions Outpaces Major Networks; What’s Next For TRX Price
In a shocking turn of events, the Tron network has recorded increased transaction volumes compared to rival networks in recent months. This trend is expected to impact the price of TRX and investors are eagerly waiting to see what this means for their investments.
Recent events have led to this unexpected outcome as the TON network witnessed a decline in inflows, leaving Tron to take the top spot. The surge can also be attributed to Tether’s increased activity on the platform. In the past, Telegram-based games had taken over the ecosystem and had a significant impact on the market. However, as momentum shifted to other networks, inflow to the ecosystem started to decline.
The data shows that Tron’s USDT volume has been another major driver of this bullish activity, with retail crypto traders aggressively buying into the market surge. As a result, TRX has witnessed substantial gains in recent times.
As investors continue to keep a close eye on the market, they are keenly waiting for what comes next.
Source: zycrypto.com
