The giant of payments and stablecoins has just connected directly to the main artery of Coinbase, and the market is reacting with a force that we cannot ignore. 🚀
Look, family, what is happening with TRON (TRX) is not a coincidence. While many are distracted, Justin Sun and his team have just built a bridge to the Base network (the Layer 2 of Ethereum that handles Coinbase). Why is this a big deal? Because we are talking about connecting an ocean of liquidity of $81,000 million dollars in stablecoins that live on TRON with the DeFi ecosystem of Base. It's like they built a high-speed highway for money to flow frictionlessly between networks. 🛣️💰
But the thing doesn't stop there. Here I bring you the breakdown so you can understand why the price of TRX has risen by almost 3% in 24 hours and remains strong:
Mining with steroids: At JustLendDAO, they changed the rules of the game. Now, if you mine the stablecoin USDD, you not only receive that but also get TRX. This creates a massive incentive for people to accumulate and hold the token, looking for that juicy yield from staking that is around 47.1%. It's a profitability madness! 📈
House cleaning: One of the weak points that TRON was always criticized for was security. Well, they put on their big pants and, along with cybersecurity experts, managed to freeze 130 million USDT that were stolen. This is not just about recovering money; it's sending a message to institutions that TRON is a serious and regulated place to move large capital. 🛡️
Now, pay attention to the technical data: the derivatives market is a bit cautious, with a 15% drop in open interest. This means that people are not leveraging wildly, which is healthy for real growth and not inflated by pure speculation.
The million-dollar question now is whether TRX will be able to break the resistance of $0.285. If it manages to consolidate there, the next target is $0.295, approaching all-time highs. With this new interoperability and the focus on institutional security, TRON is no longer just "the cheap network to send USDT" but is becoming a pillar of the global DeFi ecosystem. 🌐🔥
Are we witnessing the definitive transformation of TRON into an institutional-grade network, or do you think the competition from other Layer 2s will hinder its expansion into the Ethereum ecosystem? $ETH $TRX
