Tether’s $1 Billion USDT Mint Boosts Tron Activity
- TRX price is near $0.24, with a slight 0.91% decline over the last day.
- TRX has been consolidating between $0.21 and $0.2551 for several weeks.
- Tether minted an additional $1 billion USDT on the Tron blockchain recently.
- Tron accounts have surpassed 304 million, with a total value locked exceeding $20 billion.
- Tron’s network revenue is now higher than Ethereum’s at nearly 25% of total network revenue.
The recent minting of $1 billion USDT on Tron suggests increased market activity, with TRX maintaining stability around key support levels and potentially poised for a breakout above its current range.
Source (2.6)https://www.newsbtc.com/news/tether-1-billion-boost-fuels-tron-surge-0-40-in-the-crosshairs/?rand=52377
