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Tron (TRX) claims three new listings, one exchange announces 100K prize in crypto

Published

6 years ago

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Tron TRX

Tron (TRX) started its new DAap journey yesterday with its TVM (TRON Virtual Machine) launch, and guess what, it has already scored two new listings by today.

Of course, these new crypto-exchanges listings will spread-out the TRX adoption in cryptosphere (it’s already catching fire). The two new exchanges listing Tron (TRX) are BTCAlpha exchange and CoinDeal (I love this name more) respectively.

Tron BTCAlpha Listing

BTCAlpha tweeted on August 29th:

There are two Tron trading pairs available as of now on BTCAlpha being TRX/BTC and TRX/USD.

Tron (TRX) gets listed on Exrates.me

The crypto exchange announced Tron addition to its platform via its official Twitter page, earlier today:

Exrates is one crypto exchange that’s known for its stealthy security and minimum commision for crypto transactions, and now Tron (TRX) making it on this crypto exchange means more adoption (that’s the case in scoring a spot on any exchange though, but here we’re talking about a well-trusted one so more adoption/userbase expected).

Unlike BTCAlpha who offers only two pairs for Tron (TRX), users can trade and exchange the cryptocurrency in three pairs on Exrates. The pairs include TRX/USD, TRX/ETH, and TRX/BTC (here yet again, it’s evident any altcoin cannot get started without BTC pair on any crypto exchange, not anytime soon).

Tron (TRX) makes it to CoinDeal

Good things come late, that’s why CoinDeal is the last one on this list of new exchanges listing Tron (TRX). Here comes that ‘extra’ we all keep wishing for.

Why extra? Because on top of adding TRX to its platform, CoinDeal has presented a pleasant surprise to the Tronix traders. Justin Sun announced the listing on its Twitter page, himself,

Even though the platform has made only one trading pair, TRX/BTC, as of now, but announced an exciting TRX prize for the users. The prizes will be distributed after a contest.

The total contest prize money is 200K TRX tokens, 100K being the first prize. You must be thinking ‘how can I take part in and win the CoinDeal Tron contest?’, right? Well, all you have to do is follow both, CoinDeal and Tron, on social media.

Your first step would be signing up for an account on CoinDeal and then follow its and Tron’s Twitter accounts. You also need to become a member of their (both of them) Telegram channels.

Given that you’ve taken all those steps and now wish to win the first prize, 100K TRX, you will be taking part in a quiz named ‘Game of Tron.’

Interestingly, there is a way out for a user if their scores get tied to being the highest alongside another user. That’s is, in case of a tie, the winner will be selected based on the trading volume of TRX/BTC of a user. The one with highest trading volume wins.

Alongside 100K TRX first prize there will be four other. 50K being the second, 30K third, and 15K and 5K being 4th and 5th respectively.

So clearly, Tron (TRX) hasn’t just entered the decentralized applications era, it has started receiving more recognization already, which suggests good days ahead for Tronix community. But you never know the crypto world, nevertheless, Tron user can see off August while smiling now, thanks to the three good news.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Konstantin Planinski on Unsplash

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Solana Price Surges Beyond $100, Dethroning Ripple and BNB To Secure Fourth Place

Published

4 months ago

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December 27, 2023

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Solana price performance in recent times has been remarkable, surpassing Ripple and Binance Coin to become the fourth-largest cryptocurrency by market cap. The SOL price breached the critical level of $100 for the first time since April 2022 over the weekend to imbue optimism among investors. However, the altcoin has corrected by 7%, suggesting that the market is overheated. At the time of writing, the ‘Ethereum killer’ was trading slightly lower at $111.60.

SOL Outlook

Solana price has made a significant recovery over the past few weeks, climbing above the psychological level of $100. The altcoin has been one of the best-performing assets this year, extending its year-to-date gains to more than 1,025%, with more gains recorded in the past month alone. However, even with such growth, analysts have noted that Solana has a bleak chance of topping its ATH of $260.

The reason behind this is the increase in supply relative to its value. In November 2021, when the Solana price hit its all-time high of $260, its total market capitalization was around $78 billion. Despite the value of the crypto asset being less than half of what it was at the top, its market cap is currently hovering near $50 billion.

This has been brought about by the increase in the Solana supply by more than 100 million SOL over the past two years. According to some analysts, for the altcoin to retest $260, its…

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Solana Price Skyrockets to 20-Month Peak Amidst Memecoin Frenzy

Published

4 months ago

on

December 22, 2023

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Solana price has noted significant gains over the past few weeks, climbing to its highest level since April 2022. The ‘Ethereum Killer’ almost topped the crucial level of $100 on Friday, before pulling back slightly. The asset’s recent surge has catapulted Solana’s total market cap to $39.6 billion, ranking 5th after and above BNB and XRP, respectively. Solana has jumped by more than 22% in the past week and more than 80% in the month to date. At the time of writing, SOL price was trading 0.90% lower at $93.10.

Catalysts Behind SOL’s Rally

Solana price has been on a strong bull run over the past few days, rocketing to its highest level in 20 months as the network benefits from the substantial activity and strong interest in memecoins. The SOL token, the native digital asset of the high-performance blockchain platform Solana, has shown some serious strength over the past few weeks, outperforming all the altcoins in the market.

The recent surge in the Solana price has been linked to heightened on-chain activities on the Solana blockchain. Notably, the ongoing hype for the blockchain’s speedy transactions, cheap fees, and a lottery of meme coin issuances has buoyed SOL’s on-chain activity. Metrics have revealed that Solana has been the strongest draw among on-chain traders, with trading volumes and network fees outperforming Ethereum- the largest altcoin by market cap.

Cited figures provided by DeFi aggregator DeFiLlama…

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Solana Price Breaches $60 Amid a Symphony of Bullish Indicators

Published

5 months ago

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December 1, 2023

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Solana price has jumped more than 8% over the past week, breaching the important level of $60. At the time of writing, Solana was trading 3% higher at $61.07. The asset’s total market cap has climbed to $25.9 billion over the past week, ranking it the 6th largest cryptocurrency after XRP. The total volume of SOL traded over the last day has declined by 8%.

SOL’s Bullish Cues

Solana’s price has been among the best-performing cryptocurrencies this year amid continuous growth. The “Ethereum killer” has consistently impressed investors throughout the year on the back of a resurgence in bullishness, which saw SOL’s price climb more than 513% in the year to date. Institutional investors have also shared the bullish sentiment, making Solana their most preferred altcoin.

In the week ending November 24, Solana recorded inflows worth nearly $3.5 million, significantly more than the other altcoins’ inflows combined. The asset’s monthly inflows were higher at $40.2 million, lower than Ethereum’s $99.6 million inflows in the same period. Other altcoins, including Litecoin and Ethereum, noted significant outflows, making Solana nearly half of the home for DeFi. This implies that when it comes to institutions, Solana is currently the best-performing altcoin with the potential of a long-term rally much higher than other digital assets.

Notably, the Solana DeFi ecosystem accomplished a significant milestone earlier this week. Its Total Value Locked (TVL) hit a new yearly peak of over $655 million,…

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