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Tron’s TRX Skyrockets 253% in Whale Moves Amid $359 Million Liquidation
In a shocking turn of events, Tron’s TRX has experienced an unprecedented surge of 253% in just a short period. This massive increase is attributed to whale moves and significant liquidations, reaching a staggering $359 million.
According to recent data, the total value locked (TVL) on Tron increased from $48 billion in December 2023 to $62 billion in December 2024. Simultaneously, the number of monthly transfers rose from 55 million to 62 million, indicating an upward trend in user engagement and adoption.
Furthermore, it is worth noting that USDT remains the most transferred token on TRON, accounting for over 99% of all tokens exchanged.
Source: u.today
