{"id":295517,"date":"2023-03-06T20:00:11","date_gmt":"2023-03-06T14:30:11","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=295517"},"modified":"2023-03-06T14:23:35","modified_gmt":"2023-03-06T08:53:35","slug":"tron-trx-growing-deflation-increasing-transactions-other-key-highlights","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/tron-trx-growing-deflation-increasing-transactions-other-key-highlights\/","title":{"rendered":"Tron [TRX]: Growing deflation, increasing transactions, other key highlights"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\"><em>TRX has experienced deflation for 70 consecutive weeks.<\/em><\/li>\n<li style=\"font-weight: 400;\"><em>The total number of transactions on the network went past five billion.<\/em><\/li>\n<\/ul>\n<p>TRON [TRX] shared a report on the network\u2019s notable developments that took place in the last week. One of the highlights was the significant increase in the deflationary pressure exerted on the native coin.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83e\uddd0Check out <a href=\"https:\/\/twitter.com\/hashtag\/TRON?src=hash&amp;ref_src=twsrc%5Etfw\">#TRON<\/a>\u00a0Highlights from last week (Feb 25, 2023 &#8211; Mar 3, 2023).<\/p>\n<p>\ud83d\ude4cWe&#39;ll update you on the main news about <a href=\"https:\/\/twitter.com\/hashtag\/TRON?src=hash&amp;ref_src=twsrc%5Etfw\">#TRON<\/a>\u00a0and <a href=\"https:\/\/twitter.com\/hashtag\/TRON?src=hash&amp;ref_src=twsrc%5Etfw\">#TRON<\/a>\u00a0<a href=\"https:\/\/twitter.com\/hashtag\/Ecosystem?src=hash&amp;ref_src=twsrc%5Etfw\">#Ecosystem<\/a>. So stay tuned, <a href=\"https:\/\/twitter.com\/hashtag\/TRONICS?src=hash&amp;ref_src=twsrc%5Etfw\">#TRONICS<\/a>! <a href=\"https:\/\/t.co\/FfqR8ySHUj\">pic.twitter.com\/FfqR8ySHUj<\/a><\/p>\n<p>&mdash; TRON DAO (@trondao) <a href=\"https:\/\/twitter.com\/trondao\/status\/1632574066250125312?ref_src=twsrc%5Etfw\">March 6, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>According to TRON, TRX has experienced deflation for 70 consecutive weeks starting from 28 October 2021 until 2 March 2023. During this time, its circulating supply fell by 10.57 billion. Data from Tronscan validated this assertion.<\/p>\n<figure id=\"attachment_295527\" aria-describedby=\"caption-attachment-295527\" style=\"width: 785px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/TRX.jpg\"><img decoding=\"async\" class=\"size-full wp-image-295527\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/TRX.jpg\" alt=\"\" width=\"785\" height=\"468\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/TRX.jpg 785w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/TRX-300x179.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/TRX-768x458.jpg 768w\" sizes=\"(max-width: 785px) 100vw, 785px\" \/><\/a><figcaption id=\"caption-attachment-295527\" class=\"wp-caption-text\">Source: Tronscan<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<hr \/>\n<p style=\"text-align: center;\">How much are\u00a01,10,100 TRXs\u00a0worth today?<\/p>\n<hr \/>\n<h3>Tron reaches key milestone in transactions<\/h3>\n<p>The other major talking point was Justin Sun&#8217;s views on the regulation of crypto markets around the world. In an interview with CNBC. the Tron founder stressed the need for a unified blockchain standard for global payments and settlements.<\/p>\n<p>The other major development was Tron&#8217;s integration with Uphold, a multi-asset crypto trading platform. The tie-up was expected to enable TRX holders to self-custody their assets and have more control over them.<\/p>\n<p>At the same time, TRON got one more reason to cheer as the total number of transactions on the network went past five billion.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/TRON?src=hash&amp;ref_src=twsrc%5Etfw\">#TRON<\/a> just reached a huge milestone, with over 5 billion total transactions!\ud83d\udd25<\/p>\n<p>Let\u2019s keep <a href=\"https:\/\/twitter.com\/hashtag\/BUIDLing?src=hash&amp;ref_src=twsrc%5Etfw\">#BUIDLing<\/a> the future of <a href=\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#crypto<\/a> together!\ud83d\ude80 <a href=\"https:\/\/twitter.com\/hashtag\/TRONStrong?src=hash&amp;ref_src=twsrc%5Etfw\">#TRONStrong<\/a> <a href=\"https:\/\/t.co\/l2oAE5e8VZ\">pic.twitter.com\/l2oAE5e8VZ<\/a><\/p>\n<p>&mdash; TRON DAO (@trondao) <a href=\"https:\/\/twitter.com\/trondao\/status\/1632608217984532480?ref_src=twsrc%5Etfw\">March 6, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h3>Strong growth in NFT trading<\/h3>\n<p>The boost in the number of transactions could be due to increased activity on the NFT front. As per Santiment, the total NFT trade volume hit $730.5K, an increase of more than six times over the previous week.<\/p>\n<p>On the flip side, development activity fell sharply in the last week. This could cast doubts in the mind of investors regarding upcoming upgrades.<\/p>\n<figure id=\"attachment_295548\" aria-describedby=\"caption-attachment-295548\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/TRON-TRX-12.25.22-06-Mar-2023.png\"><img decoding=\"async\" class=\"size-full wp-image-295548\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/TRON-TRX-12.25.22-06-Mar-2023.png\" alt=\"\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/TRON-TRX-12.25.22-06-Mar-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/TRON-TRX-12.25.22-06-Mar-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/TRON-TRX-12.25.22-06-Mar-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/TRON-TRX-12.25.22-06-Mar-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/TRON-TRX-12.25.22-06-Mar-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/TRON-TRX-12.25.22-06-Mar-2023-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-295548\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p>On the other hand, the total value locked (TVL) on Tron&#8217;s smart contracts dipped below $5 billion, registering a drop of more than 6% in the last seven days, data from DeFiLlama revealed.<\/p>\n<p>The gains made in TVL since mid-February were reversed, at the time of writing.<\/p>\n<figure id=\"attachment_295556\" aria-describedby=\"caption-attachment-295556\" style=\"width: 1079px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Tron-2-1.jpg\"><img decoding=\"async\" class=\"size-full wp-image-295556\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Tron-2-1.jpg\" alt=\"\" width=\"1079\" height=\"383\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Tron-2-1.jpg 1079w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Tron-2-1-300x106.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Tron-2-1-1024x363.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/Tron-2-1-768x273.jpg 768w\" sizes=\"(max-width: 1079px) 100vw, 1079px\" \/><\/a><figcaption id=\"caption-attachment-295556\" class=\"wp-caption-text\">Source: DeFiLlama<\/figcaption><\/figure>\n<hr \/>\n<p style=\"text-align: center;\">Read<a href=\"http:\/\/ambcrypto.com\/predictions\/tron-price-prediction\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">\u00a0TRON\u2019s [TRX] Price Prediction<\/a>\u00a02023-24<\/p>\n<hr \/>\n<p style=\"text-align: left;\">At press time, TRX exchanged hands at $0.06691 with a marginal drop from the previous day, as per <a href=\"https:\/\/coinmarketcap.com\/currencies\/tron\/\" target=\"_blank\" rel=\"noopener\">CoinMarketCap<\/a>. It logged gains of about 4% in the month-over-month period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TRX has experienced deflation for 70 consecutive weeks. The total number of transactions on the network went past five billion. TRON [TRX] shared a report on the network\u2019s notable developments that took place in the last week. One of the highlights was the significant increase in the deflationary pressure exerted on the native coin. &nbsp;<a href=\"https:\/\/ambcrypto.com\/tron-trx-growing-deflation-increasing-transactions-other-key-highlights\/\">Continue reading <span class=\"sr-only\">&#8220;Tron [TRX]: Growing deflation, increasing transactions, other key highlights&#8221;<\/span><\/a><\/p>\n","protected":false},"author":70,"featured_media":295518,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-295517","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tron [TRX]: Growing deflation, increasing transactions, other key highlights - AMBCrypto<\/title>\n<meta name=\"description\" content=\"TRON [TRX] shared a report on the network\u2019s notable developments that took place in the last week. 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