Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin at a crossroads: Is this time to go out or save?

2025-05-13

US Banking Authority knew the path for crypto services at National Banks

2025-05-13

Will Deg Price reach $ 1?

2025-05-13
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Tron and Ethereum fight for the USDT top position

    2025-05-13

    Stargate brings Cronos closer to the future of Omnichain

    2025-05-13

    Abu Dhabi launches a large project with Agile Dynamics for quantum -safe blockchain

    2025-05-13

    Zimbabwe is turning into blockchain to breathe new life into the trust of the carbon credit of carbon credit

    2025-05-13

    Atlaspad and Arichain unite to stimulate user-friendly and scalable web3 acceptance

    2025-05-12
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    US Banking Authority knew the path for crypto services at National Banks

    2025-05-13

    SEC chairman atkins repeats himself to overhaul crypto rules, promises to end ‘Regulation by enforcement’

    2025-05-12

    ‘Bond King’ Jeffrey Gundlach calls a catalyst who can cause an interest rate this year

    2025-05-11

    Concern about Trump’s conflict of interest slows down the progress of a broader crypto policy

    2025-05-10

    The German police interrupt $ 38,260,000 in crypto from Exchanges in the midst of allegations. The exchange has been washed bybit funds

    2025-05-10
  • Analysis

    XRP -price recovers profit, but retains its bullish structure

    2025-05-13

    Hyperliquid affects $ 6 billion in open interest while Bitcoin tests $ 105k near price discovery

    2025-05-13

    Cardano (ADA) Dips: Temporary correction or start of deeper movement?

    2025-05-13

    The market capitalization of PI Network jumps $ 7 billion like token skyrockets 110% in a week in the middle of market bending

    2025-05-13

    Can the resistance crush and re -design the rally?

    2025-05-12
  • Learn

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Tron has a new upgrade while TRX…
Altcoins

Tron has a new upgrade while TRX…

2023-05-31No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


  • According to TRONSCAN, total transactions from Tron exceeded 5.7 billion.
  • Market indicators were bearish, suggesting further price decline.

Tron [TRX] has witnessed a drop in key network metrics, which was concerning. According to Artemis data, daily active users of TRX have declined sharply over the past 30 days.

A decrease in the statistic indicates less use of the network. Daily transactions also followed the same trend and fell in recent weeks.

Source: Artemis

The drop in daily transactions was surprising as TRONSCAN pointed to another performance from the network on May 30.

According to TRONSCAN’s latest tweet, the total number of transactions on Tron exceeded 5.7 billion, which is a commendable number.

👏 Congratulations! The total transactions #TRON over 5.7 billion!🎊

🚀#TRON ecosystem is growing steadily with more than 163 million accounts in total and 5.7 billion transactions in total. #TRONSCAN pic.twitter.com/CbZMDwfRGU

— TRONSCAN (@TRONSCAN_ORG) May 30, 2023

Tron is getting a major network upgrade soon

The declining stats may change course soon as Tron waits for a major network update called GreatVoyage-v4.7.2 Periander. The update is expected in June.

According to the official announcement, the content and features are still under discussion and have yet to be determined.

🚀 The next one #TRON Mainnet GreatVoyage-v4.7.2 Periander, with:

✅Stake 2.0 unstake flexibility
✅Improved Resource Delegation API
✅Adapt to Ethereum Shanghai Upgrade
✅Improved energy estimation API
✅P2P network upgrade with Libp2p v2.0.0

👇https://t.co/1urC59fFE1

— TRONDAO (@trondao) May 30, 2023

However, there are plans to make changes according to TIP 541, 542,543 and 544. Stake 2.0 is optimized by TIP-541.

See also  Will Rising Back Pulls on Binance Smart Chain Affect BNB's Pace?

Currently, users must wait 14 days after initiating a Stake 2.0 unstaking transaction via the HTTP API before they can withdraw the corresponding funds. With the update, users get more flexibility.

Other notable changes include adding a proposal to optimize the resource delegation API, adding a proposal to allow adaptation to the Ethereum Shanghai Upgrade, upgrading the p2p network module to Libp2p v2.0.0 , etc.

Tron bears are here

TRXThe price action also turned bearish after witnessing an increase in the previous week. According to CoinMarketCapthe price of TRX is down more than 1.5% in the past 24 hours.

At the time of writing, it was trading at $0.07542, with a market cap of over $6.8 billion.

The decline was accompanied by an increase in volume, which emphasized bearish pressure.

Despite the price action, it was interesting to see the sentiment around TRX improve as weighted sentiment rose. TRX’s social volume was also high, reflecting its popularity.

Source: Sentiment


Realistic or not, here it is The market cap of TRX in BTC conditions


The price of TRX will fall further

A look at Tron’s daily chart gave more cause for concern. The MACD showed a bearish crossover. TRXThe Relative Strength Index registered a decline and moved towards the neutral border.

However, the Exponential Moving Average (EMA) ribbon was still bullish as the 20-day EMA moved above the 55-day EMA.

Source: TradingView



Source link

#TRX Tron Upgrade
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Will Deg Price reach $ 1?

2025-05-13

Tron and Ethereum fight for the USDT top position

2025-05-13

Sui surpasses Solana with $ 11.7 million inflow – more upside down?

2025-05-13

Bitcoin is confronted with key resistance after 10% rally

2025-05-13
Add A Comment
Leave A Reply Cancel Reply

Top Posts

MicroStrategy announces $ 563,400,000 shares of stocks, says that part of the proceeds will be used to acquire more Bitcoin

2025-02-01

Bitcoin: Short-term holders cash out

2023-11-08

Top trader predicts ‘slow bleed’ for Bitcoin unless big buyers step in – here’s his outlook

2024-09-02
Editors Picks

US Stablecoin Regulation can be postponed if pro-Crypto Democrats attract support

2025-05-07

Why staying above $1,600 is a bullish indicator for Ethereum: here is the next resistance for ETH price

2023-09-13

OKX CEO Warns Users of Tornado Cash Compliance Risks

2024-08-09

Cardano: What a high developer. activity tells us about the network

2023-12-27

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin at a crossroads: Is this time to go out or save?

US Banking Authority knew the path for crypto services at National Banks

Will Deg Price reach $ 1?

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,247.501.30%
  • ethereumEthereum(ETH)$2,590.503.75%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.56-0.47%
  • binancecoinBNB(BNB)$659.98-0.83%
  • solanaSolana(SOL)$176.860.91%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2395492.43%
  • cardanoCardano(ADA)$0.82-0.65%
  • tronTRON(TRX)$0.269571-1.93%
  • suiSui(SUI)$4.041.94%
  • chainlinkChainlink(LINK)$17.091.04%
  • avalanche-2Avalanche(AVAX)$25.191.64%
  • stellarStellar(XLM)$0.312272-2.51%
  • shiba-inuShiba Inu(SHIB)$0.000016-0.18%
  • hedera-hashgraphHedera(HBAR)$0.213464-2.92%
  • piPi(PI)$1.236.92%
  • hyperliquidHyperliquid(HYPE)$25.464.02%
  • the-open-networkToncoin(TON)$3.34-2.53%
  • bitcoin-cashBitcoin Cash(BCH)$407.16-0.75%
  • polkadotPolkadot(DOT)$5.11-0.19%
  • unus-sed-leoUNUS SED LEO(LEO)$8.631.58%
  • litecoinLitecoin(LTC)$102.201.74%
  • moneroMonero(XMR)$339.271.03%
  • pepePepe(PEPE)$0.0000143.90%
  • bitget-tokenBitget Token(BGB)$4.760.51%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.05%
  • uniswapUniswap(UNI)$6.950.15%
  • bittensorBittensor(TAO)$460.921.49%
  • nearNEAR Protocol(NEAR)$3.180.89%
  • aptosAptos(APT)$5.961.14%
  • aaveAave(AAVE)$228.664.03%
  • ondo-financeOndo(ONDO)$1.03-0.24%
  • kaspaKaspa(KAS)$0.1245905.06%
  • okbOKB(OKB)$54.21-0.27%
  • internet-computerInternet Computer(ICP)$5.76-0.90%
  • ethereum-classicEthereum Classic(ETC)$20.131.66%
  • render-tokenRender(RENDER)$5.250.76%
  • mantleMantle(MNT)$0.800.20%
  • gatechain-tokenGateToken(GT)$21.820.04%
  • crypto-com-chainCronos(CRO)$0.1007421.44%
  • vechainVeChain(VET)$0.031006-1.82%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.253860-2.75%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.13-0.23%
  • ethenaEthena(ENA)$0.4138013.15%
  • usd1World Liberty Financial USD(USD1)$1.00-0.21%
  • algorandAlgorand(ALGO)$0.242387-2.01%
  • filecoinFilecoin(FIL)$3.13-0.68%
  • arbitrumArbitrum(ARB)$0.436538-1.16%
  • bitcoinBitcoin(BTC)$104,247.501.30%
  • ethereumEthereum(ETH)$2,590.503.75%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.56-0.47%
  • binancecoinBNB(BNB)$659.98-0.83%
  • solanaSolana(SOL)$176.860.91%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2395492.43%
  • cardanoCardano(ADA)$0.82-0.65%
  • tronTRON(TRX)$0.269571-1.93%
  • suiSui(SUI)$4.041.94%
  • chainlinkChainlink(LINK)$17.091.04%
  • avalanche-2Avalanche(AVAX)$25.191.64%
  • stellarStellar(XLM)$0.312272-2.51%
  • shiba-inuShiba Inu(SHIB)$0.000016-0.18%
  • hedera-hashgraphHedera(HBAR)$0.213464-2.92%
  • piPi(PI)$1.236.92%
  • hyperliquidHyperliquid(HYPE)$25.464.02%
  • the-open-networkToncoin(TON)$3.34-2.53%
  • bitcoin-cashBitcoin Cash(BCH)$407.16-0.75%
  • polkadotPolkadot(DOT)$5.11-0.19%
  • unus-sed-leoUNUS SED LEO(LEO)$8.631.58%
  • litecoinLitecoin(LTC)$102.201.74%
  • moneroMonero(XMR)$339.271.03%
  • pepePepe(PEPE)$0.0000143.90%
  • bitget-tokenBitget Token(BGB)$4.760.51%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.05%
  • uniswapUniswap(UNI)$6.950.15%
  • bittensorBittensor(TAO)$460.921.49%
  • nearNEAR Protocol(NEAR)$3.180.89%
  • aptosAptos(APT)$5.961.14%
  • aaveAave(AAVE)$228.664.03%
  • ondo-financeOndo(ONDO)$1.03-0.24%
  • kaspaKaspa(KAS)$0.1245905.06%
  • okbOKB(OKB)$54.21-0.27%
  • internet-computerInternet Computer(ICP)$5.76-0.90%
  • ethereum-classicEthereum Classic(ETC)$20.131.66%
  • render-tokenRender(RENDER)$5.250.76%
  • mantleMantle(MNT)$0.800.20%
  • gatechain-tokenGateToken(GT)$21.820.04%
  • crypto-com-chainCronos(CRO)$0.1007421.44%
  • vechainVeChain(VET)$0.031006-1.82%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.253860-2.75%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.13-0.23%
  • ethenaEthena(ENA)$0.4138013.15%
  • usd1World Liberty Financial USD(USD1)$1.00-0.21%
  • algorandAlgorand(ALGO)$0.242387-2.01%
  • filecoinFilecoin(FIL)$3.13-0.68%
  • arbitrumArbitrum(ARB)$0.436538-1.16%