TRON (TRX) Network Reaches Impressive Milestone, with 100% of Its Addresses in Profit

The TRON (TRX) network has reached an impressive milestone, with 100% of its addresses in profit. This positive indicator shows that there has been a significant increase in network activity and strong optimism from its founder, Justin Sun.

The TRON (TRX) network has achieved a significant milestone, with 100% of its addresses now showing a profit. This positive indicator suggests a substantial increase in network activity and strong optimism from its founder, Justin Sun. In total, 153.24 million addresses have reported gains, creating a favorable climate for investors and users of the network.

Beyond profitability metrics, TRON has also seen remarkable infrastructure development in recent months. The network's "energy," which measures the capacity to execute smart contract transactions, has doubled over the last quarter. This increase in energy capability is crucial for the operational efficiency of the network. It helps prevent spikes in transaction costs during periods of high demand, making TRON a more attractive platform for developers and users.

I think Tron memecoins are about to have a 2nd wave of growth. With continuous building & community dev, Tron has been progressing steadily. Once TRX breaks its previous high, the FOMO for Tron memecoins won’t be far behind. ?https://t.co/ksa5GsznMv

— H.E. Justin Sun?(hiering) (@justinsuntron) October 25, 2024

The performance of the TRX token has also been positive. According to CoinMarketCap data, TRX has seen a 1% increase in value over the last 24 hours, a 4.3% increase in the last week, and over a 10% increase in the last 30 days. The token is currently trading at $0.1662, only 27.9% away from its all-time high of $0.2317, which was set in January 2018.

TRON May Surpass Its All-Time High

Justin Sun has shared his optimistic vision for the future of TRX, suggesting that the token could surpass its previous all-time high in the near future. He highlighted that the current price rally is distinct from previous ones, which were largely driven by speculative trends related to meme coins and stablecoin adoption. This time, the growth appears to be more organic and sustainable, indicating a genuine interest from users in the ecosystem.

Moreover, Sun anticipates a new wave of growth for TRON-associated meme coins, fueled by the network's development and community growth. Currently, the market capitalization of meme coins on the network is approximately $319 million, with UNDOG leading the pack at $205 million, followed by Tron Bull with a market capitalization of $82 million,

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