카지노역사；바카라사이트,카지노사이트,온라인카지노사이트 Bitcoin & Cryptocurrency News Today Thu, 24 Oct 2024 14:33:16 +0000 en-US hourly 1 //wordpress.org/?v=6.6.2 //uniquehot.com/wp-content/uploads/2024/05/cropped-favicon-2.png?fit=32%2C32 슬롯사이트 ；온라인 카지노 사이트 | 온카패스- 온라인 카지노 사이트 32 32 221170450 슬롯머신；카지노사이트, 카지노, 바카라사이트 //uniquehot.com/news/tron-trx/tron-energy-needs-rise-100-in-3-months-new-all-time-high-incoming/ Fri, 25 Oct 2024 04:00:57 +0000 //uniquehot.com/?p=649679 Tron Energy Demand Doubles In 3 Months

At spot rates, is TRX likely to print fresh all-time highs, and the mainnet is also thriving. According to IntoTheBlock, the Tron energy requirements have expanded 100% in the past three months.

Experts say the rapid increase in Tron energy indicates growing network activity and rapid adoption. Like Ethereum and other modern chains, Tron is energy efficient and relies on validators for transaction processing. Tron energy doubles in 3 months | Source: @intotheblock via X However, in Tron’s case, energy is useful when executing smart contracts on the mainnet. As more people deploy meme coins or launch DeFi dapps, the mainnet’s “fuel” demand also increases. Rising resource needs push Tron energy to fresh levels. By how Tron is designed, more energy is needed during periods of high demand to prevent gas fees from spiking in case transactions are congested.  That energy has been rising in the past few months is not surprising. Not only does Tron boast of a thriving DeFi ecosystem, but it also has a vibrant meme coin scene.

Ecosystem Boom Driven By Meme Coins: TRX Priming For New All-Time Highs?

DeFiLlama shows that all Tron DeFi dapps manage over $7 billion of assets. On the other hand, the recent launch of SunPump, a meme coin launchpad in August, has seen over 91,000 meme coins deploy on the network. Looking at Dune, over 1,700 tokens have been listed on Sunswap.

Tron TVL | Source: DeFiLlama

Coincidentally, the spike came with the activation of SunPump in August. As of October 24, SunPump has helped Tron generate over $5.4 million in revenue, looking at Dune data. Others came from smart contract deployments via gaming, DeFi, and other diverse dapps on the platform.

TRX price moving upward on the daily chart | Source: TRXUSDT on Binance, TradingView

TRX is trading at around October 2024 highs at press time, defying gravity. Interestingly, despite the momentum challenges Ethereum faces, TRX, on the other hand, is less than 4% away from all-time highs. If bulls build on October 24 gains, the coin may easily break August highs, printing a new all-time high in Q4 2024.

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