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Decentralised internet protocol, the TRON network is set to bolster its payment infrastructure by integrating with AEON, aiming to streamline crypto transactions across its network which will have a huge impact on millions of developers and users. The TRON-AEON partnership will likely enable decentralised applications (dApps) on the TRON Network, resulting in the easy implementation of various payment methods, including tipping and subscriptions. TRON blockchain aims to reduce bottlenecks like barriers to adopting its network by making the payment experience more fast and efficient. As the official blogpost from TRON, the network has more than 4900 dApps at present with 4.8 billion transactions processed so far. This extensive TRON network will be further boosted when AEON integration enhances the payment capabilities, aligning it with the company’s mission to create a decentralized internet infrastructure accessible to all. The founder of TRON, Justin Sun has highlighted the network’s commitment in improving internet infrastructure in his tweets where he mentioned the cost-effectiveness of the TRON network as it achieved new transaction speeds. The collaboration with AEON appears to be a strategic move to further these goals and maintain TRON's competitive edge in the blockchain space. The crypto payment sector has seen substantial growth in recent years with the global cryptocurrency payment gateway market projected to reach $108.35 billion by 2030, growing at a CAGR of 22.8% from 2023 to 2030. This integration positions the TRON Network to capitalize on this growing market. The collaboration between TRON and AEON represents a significant step forward in the evolution of blockchain-based payment systems. By combining TRON's scalable and efficient network with AEON's advanced payment infrastructure, the partnership has the potential to create a more versatile and user-friendly ecosystem for both developers and end-users.

The Tron blockchain network has recorded a surge in trading activity. Last week, it processed almost $100bn in on-chain volume. This spike comes as TRX, the network's native currency, trades near its all-time high. Blockchain analytics firm IntoTheBlock reported the substantial increase in Tron's on-chain activity. The data shows that Tether (USDT) transfers dominated the volume, as Tron has become the preferred network for USDT transfers. Tron currently manages over $61bn of USDT and now handles over 50% of all USDT movements. Users favor Tron for its lower costs and higher scalability compared to Ethereum. This preference persists even despite the rise of Ethereum layer-2 solutions. TRX transfers made up 2.6% of the total on-chain volume last week. Other significant TRC-20 tokens included SUN, BitTorrent, and JUST. These tokens are central to major decentralized finance protocols on Tron. The network has also seen increased meme coin activity. This follows the mid-August launch of SunPump by Tron co-founder Justin Sun. SunPump, a meme coin launchpad, has generated over $5.3m in revenue and has facilitated the launch of more than 86,400 meme coins. Dune Analytics reports that over 1,640 SunPump tokens are now listed on Sunswap. While the initial meme coin frenzy has cooled, both TRX and SunDog have benefited. SunDog, a prominent meme coin from SunPump, has surged over 720% since August 2024. TRX is currently trading about 10% below its all-time high. The overall uptrend remains intact despite recent fluctuations. A break above $0.15 could signal further upward momentum. Market analysts are watching for a potential breakout above August 2024 highs. The daily chart shows a bull flag formation: such a pattern often precedes significant price movements. The recent surge in network activity coincides with shifts in broader crypto market sentiment. Changes in U.S. monetary policy have influenced this trend. Investors are reassessing digital assets in light of these macroeconomic developments. Tron's performance underscores its growing importance in the cryptocurrency ecosystem. Its role in facilitating stablecoin transfers and supporting decentralized finance applications continues to expand. As the network processes unprecedented volumes, all eyes are on TRX's price action in the coming weeks.

Tron, a smart contracts platform, is carving out a unique niche in the blockchain space. An analyst argues it could be one of the most important layer-1 networks. The platform now functions primarily as a transactional layer, similar to Bitcoin. Tron's evolution has been noteworthy. Initially known for hosting gaming dapps, it has shifted focus. Michael Nadeau, founder of The DeFi Report, posting on X, claims Tron now plays a crucial role in banking the unbanked in developing economies. The platform has prioritized processing trustless peer-to-peer (P2P) transactions. This approach diverges from competitors like Solana, Avalanche, and Ethereum. These platforms focus on trading and DeFi. Tron's strategy has yielded results. It now leads in stablecoin transfers and international remittance, especially in emerging markets. The platform dominates USDT transfers. TronScan data from September 18 shows over $61 billion USDT held on Tron. The nature of Tron's transactions sets it apart. Artemis data reveals a stark contrast with other networks. On Ethereum, its layer-2s, Solana, and other layer-1 networks, most stablecoin transactions stem from trading. Tron's stablecoin transfers are primarily P2P. The numbers are striking. Only 5% of stablecoin transfers on Tron over the past year were attributed to MEV bots on exchanges. This means approximately 95% of Tron's USDT and stablecoin transfers were genuine P2P transactions. The scale of Tron's stablecoin activity is significant. As of mid-September 2024, its stablecoin volume exceeds $3.3 trillion. This volume dwarfs that of many competitors. Solana provides a clear contrast. Most of its stablecoin volumes result from trading activities. This difference highlights the distinct use cases and business models of each platform. Tron is not resting on its laurels. Last week, it partnered with Tether and TRM Labs. They formed the T3 Financial Crime Unit. This initiative aims to combat financial crime on the network. The analyst's assessment suggests Tron's model may be more sustainable than some competitors. Its focus on real-world transactions, rather than speculative trading, could provide a stable foundation for growth. As the crypto landscape evolves, Tron's unique approach may position it well for the future.

Solana's decentralized finance (DeFi) scene is buzzing. Raydium, a leading decentralized exchange (DEX), has grabbed a whopping 60% market share. This comes as overall DeFi activity cools off and meme coins start fleeing towards Tron. DeFiLlama data shows total value locked across major blockchains sits at $77 billion. Ethereum still leads the pack, but Solana's making waves. Raydium's user base is exploding. An analyst on X shared Artemis data showing the DEX attracts over 200,000 active users daily. It's simply leaving other competing protocols in the dust. Solana's daily active addresses have hit an all-time high. The blockchain now boasts 5.5 million daily active users on average. That's huge. Ethereum and its layer-2 solutions can't keep up. Solana's base layer scalability is giving it an edge. No need for sequencers or fault-proof systems here. "Solana's throughput is off the charts," says a crypto analyst who preferred to stay anonymous. "It's no wonder users are flocking to it." But here's where things get weird. Despite the user base growth gas fees are tanking. As of September 7, fee revenue hit a six-month low of $414,000. That's peanuts compared to the $5 million seen on March 18. What's behind the fee drop? Pump.fun, a popular meme coin launchpad, is losing steam. Its fees have nosedived by over 80% since late July. But don't you worry, meme coin enthusiasts aren't disappearing. They're just moving house. Tron, another speedy blockchain, is seeing a surge in activity. Its new launchpad, SunPump, is picking up where Pump.fun left off. "It's like musical chairs for meme coins," jokes a Solana developer. "First Solana, now Tron. Who knows where they'll go next?" Despite the fee slump, Solana's user activity remains red-hot. It's a mixed bag of signals for the blockchain. High engagement but lower revenue – a puzzle for analysts to unravel. As the DeFi landscape evolves, Solana's position remains strong. Raydium's dominance and record user numbers paint a rosy picture. But the exodus of meme coin activity and plummeting fees add a note of caution. One thing's for sure: the DeFi world never stays still for long. Solana's next moves will be closely watched by investors and enthusiasts alike.

TRON DAO Reserve's USDD stablecoin has lost its Bitcoin backing. The move was spotted on social media Tuesday. It's left USDD relying mainly on TRX, Tron's native token. A whopping 12,000 BTC vanished from USDD's collateral address. That's about $726 million gone. No official announcement came from TRON DAO. Tron founder Justin Sun brushed it off on X. "Not mysterious," he said. Sun compared it to MakerDAO's operations. He claimed USDD wasn't capital efficient. "Any collateral holder can withdraw any amount freely," Sun wrote. He boasted of USDD's "long-term collateralization rate" exceeding 300%. USDD started life as an algorithmic stablecoin. It was similar to Terra's ill-fated UST. After UST's epic crash in May 2022, USDD switched to a hybrid model. It was backed by Bitcoin, TRX, USDT, and USDC. Sun hinted at future upgrades. He wants USDD to be "more competitive" in the market. But he didn't address the DAO's role in the recent change. USDD's market cap sits around $744 million, per CoinGecko. It's barely clinging to a top 100 spot. PayPal's new PYUSD stablecoin recently overtook it. TRX is now USDD's main backer. It's more volatile but holds a top 10 spot, excluding stablecoins. TRX is trading at $0.15, more than double its value a year ago. Its market cap? A cool $13.5 billion. Tron's been riding the meme coin wave lately. Sun's been pushing TRX hard as a meme coin marketplace. It's paid off big time. The Tron ecosystem's total value locked (TVL) just surpassed Solana's. It's now the second-largest blockchain by TVL. We're talking $8.2 billion across 30+ DeFi protocols, according to DeFi Llama. This USDD shake-up is a big gamble. Sun's betting on TRX's meme coin momentum. But ditching Bitcoin backing? That's a bold move, Cotton. Let's see if it pays off for them.