{"id":515882,"date":"2023-01-12T09:36:00","date_gmt":"2023-01-12T14:36:00","guid":{"rendered":"https:\/\/wncen.com\/?p=515882"},"modified":"2023-03-08T07:26:33","modified_gmt":"2023-03-08T07:26:33","slug":"tron-no-2-in-tvl","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/tron-no-2-in-tvl\/","title":{"rendered":"TRON Snags No. 2 Spot In TVL As Revenue Spikes Despite Bear Market Pressure"},"content":{"rendered":"<p><span style=\"font-weight: 400\">According to a tweet by <a href=\"https:\/\/twitter.com\/trondao\/status\/39393024?t=WwMgovUOb37YFsTHHDjYfw&amp;s=19\" target=\"_blank\" rel=\"noopener nofollow\">TRON<\/a> (TRX) on January 10, the network has displayed an impressive performance as it is currently ranked second in terms of total value locked (TVL) in the entire crypto space. <\/span><\/p>\n<p><span style=\"font-weight: 400\">TRON&#8217;s TVL has reached $9.2 billion by end of 2022, TRON DAO disclosed.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/avalanche-makes-32-rally\/\" target=\"_blank\" rel=\"noopener \">Avalanche Impresses With 32% Rally \u2013 Will AVAX Sustain This Ascent?<\/a><\/div>\n<ul>\n<li><span style=\"font-weight: 400\">TRON chief executive to extend help to FTX and SBF<\/span><\/li>\n<li><span style=\"font-weight: 400\">TRX price spikes by 1.52%<\/span><\/li>\n<li><span style=\"font-weight: 400\">TRX remains robust in terms of trades <\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">A lot of people are now keeping an eye on TRON, and wondering whether it can hold on to its ranking and recuperate especially following its recent sharp decline.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The network has always championed its quest for further decentralization. In fact, in comparison to other crypto assets, TRX has made significant progress over a short span of time.<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-515889 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/a-34.png?resize=460%2C453\" alt=\"TRON\" width=\"460\" height=\"453\"><\/p>\n<pre style=\"text-align: center\">Image: TRON DAO<\/pre>\n<h2><b>TRX Price In The Green, Up 11% In Last Week<\/b><\/h2>\n<p><span style=\"font-weight: 400\">According to<\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/tron\/\" target=\"_blank\" rel=\"noopener nofollow\"> <span style=\"font-weight: 400\">CoinMarketCap<\/span><\/a><span style=\"font-weight: 400\">, TRX&#8217;s price has increased by 11% in the last seven days, and trading at $0.05744 as of writing.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Noticeably, many investors are worried about their crypto investments, especially with the crypto crash that happened just recently.<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-515890 size-full\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/a-35.png?resize=859%2C379\" alt=\"\" width=\"859\" height=\"379\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/a-35.png?w=859 859w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/a-35.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/a-35.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/a-35.png?w=750 750w\" sizes=\"(max-width: 859px) 100vw, 859px\"><\/p>\n<pre style=\"text-align: center\">Image: CoinMarketCap<\/pre>\n<p><span style=\"font-weight: 400\">TRON CEO,<\/span><a href=\"https:\/\/www.theportugalnews.com\/news\/2023-01-11\/apecoin-ape-and-tron-trx-pump-orbeon-protocol-orbn-is-quickly-selling-out-its-presale\/73724\" target=\"_blank\" rel=\"noopener nofollow\"> <span style=\"font-weight: 400\">Justin Sun<\/span><\/a><span style=\"font-weight: 400\">, disclosed that he would extend some help to both FTX and its former CEO, Sam Bankman-Fried so the crypto exchange can recover. <\/span><\/p>\n<p><span style=\"font-weight: 400\">This recent statement by Sun is quite controversial and has put the network on a bad light. More so, this caused investors to hesitate with the crypto especially as it shows support for the disgraced crypto company.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, TRX is said to lead the crypto space in terms of trustworthiness, being an open network. The year 2022 is said to be the token&#8217;s best year so far with its price shooting to as much as 2,950%, an all-time high.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In fact, even in the face of an ongoing bear market, TRON remains to be as robust as ever in terms of trades with investors generously funding the network.<\/span><\/p>\n<h2><b>FUD Surrounding TRON Still Felt<\/b><\/h2>\n<p>Recent price activity in TRON (TRX) has been influenced by Bitcoin (BTC) and the activity of the US stock market. On the 11th of January, speculators wagered on reduced U.S. inflation, which boosted cryptocurrency markets and led to a rally on U.S. stock markets.<\/p>\n<p>At the time of publication, the fear, uncertainty and doubt\u00a0surrounding TRON&#8217;s founder Sun\u00a0and the Huobi exchange can still be felt, which contributed to the negative weighted sentiment regarding TRX.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/FHYVKhic\/\" width=\"2047\" height=\"979\"><\/p>\n<pre style=\"text-align: center\">TRX total market cap at $5.2 billion on the daily chart | Chart: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/pre>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/polkadot-devt-activity-up\/\" target=\"_blank\" rel=\"noopener \">Polkadot Records New Achievements In Dev\u2019t Activity, Pushes DOT Price Up<\/a><\/div>\n<p>This demonstrates that the investor had a pessimistic view of the asset going into the transaction. However, this was not enough to stop TRX from surging.<\/p>\n<p><span style=\"font-weight: 400\">At this point, TRON\u2019s revenue has shown to spike from $509,942 to $637,526 as seen in the previous month. The increase in revenue is said to be triggered by the padding of the number of active wallet addresses on the network which also shows an increase in users by 4.53%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Overall sentiment for TRON is positive, which could mean that TRX price has the potential to skyrocket in the future.<\/span><\/p>\n<p><em>-Feature image by MEXC Blog<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a tweet by TRON (TRX) on January 10, the network has displayed an impressive performance as it is currently ranked second in terms of total value locked (TVL) in the entire crypto space. TRON&#8217;s TVL has reached $9.2 billion by end of 2022, TRON DAO disclosed. Related Reading: Avalanche Impresses With 32% Rally \u2013 Will AVAX Sustain This Ascent? TRON chief executive to extend help to FTX and SBF TRX price spikes by 1.52% TRX remains robust in terms of trades A lot of people are now keeping an eye on TRON, and wondering whether it can hold on to its ranking and recuperate especially following its recent sharp decline. The network has always championed its quest for further decentralization. In fact, in comparison to other crypto assets, TRX has made significant progress over a short span of time. Image: TRON DAO TRX Price In The Green, Up 11% In Last Week According to CoinMarketCap, TRX&#8217;s price has increased by 11% in the last seven days, and trading at $0.05744 as of writing. Noticeably, many investors are worried about their crypto investments, especially with the crypto crash that happened just recently. Image: CoinMarketCap TRON CEO, Justin Sun, disclosed that he would extend some help to both FTX and its former CEO, Sam Bankman-Fried so the crypto exchange can recover. This recent statement by Sun is quite controversial and has put the network on a bad light. More so, this caused investors to hesitate with the crypto especially as it shows support for the disgraced crypto company. Meanwhile, TRX is said to lead the crypto space in terms of trustworthiness, being an open network. The year 2022 is said to be the token&#8217;s best year so far with its price shooting to as much as 2,950%, an all-time high. In fact, even in the face of an ongoing bear market, TRON remains to be as robust as ever in terms of trades with investors generously funding the network. FUD Surrounding TRON Still Felt Recent price activity in TRON (TRX) has been influenced by Bitcoin (BTC) and the activity of the US stock market. On the 11th of January, speculators wagered on reduced U.S. inflation, which boosted cryptocurrency markets and led to a rally on U.S. stock markets. At the time of publication, the fear, uncertainty and doubt\u00a0surrounding TRON&#8217;s founder Sun\u00a0and the Huobi exchange can still be felt, which contributed to the negative weighted sentiment regarding TRX. TRX total market cap at $5.2 billion on the daily chart | Chart: TradingView.com Related Reading: Polkadot Records New Achievements In Dev\u2019t Activity, Pushes DOT Price Up This demonstrates that the investor had a pessimistic view of the asset going into the transaction. However, this was not enough to stop TRX from surging. At this point, TRON\u2019s revenue has shown to spike from $509,942 to $637,526 as seen in the previous month. The increase in revenue is said to be triggered by the padding of the number of active wallet addresses on the network which also shows an increase in users by 4.53%. Overall sentiment for TRON is positive, which could mean that TRX price has the potential to skyrocket in the future. -Feature image by MEXC Blog<\/p>\n","protected":false},"author":557,"featured_media":515892,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[1623,12098,11808,14463,87718,11993,86464],"class_list":["post-515882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-dapps","tag-justin-sun","tag-tron","tag-tron-price","tag-tron-tvl","tag-trx","tag-trx-price"],"acf":[],"yoast_head":"\n<title>TRON Snags No. 2 Spot In TVL As Revenue Spikes Despite Bear Market Pressure<\/title>\n<meta name=\"description\" content=\"According to a tweet by TRON (TRX) on January 10, the network has displayed an impressive performance as it is currently ranked second in terms of 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Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. 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Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80","name":"Christian Encila","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","caption":"Christian Encila"},"description":"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"TRON Snags No. 2 Spot In TVL As Revenue Spikes Despite Bear Market Pressure","url":"http:\/\/wncen.com\/news\/tron-no-2-in-tvl\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/tron-no-2-in-tvl\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/TRON.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/TRON.png?fit=648%2C432"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["dapps","justin sun","tron","tron price","tron tvl","trx","trx price"],"dateCreated":"2023-01-12T14:36:00Z","datePublished":"2023-01-12T14:36:00Z","dateModified":"2023-03-08T07:26:33Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"TRON Snags No. 2 Spot In TVL As Revenue Spikes Despite Bear Market Pressure\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/tron-no-2-in-tvl\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/tron-no-2-in-tvl\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/TRON.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/TRON.png?fit=648%2C432\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"dapps\",\"justin sun\",\"tron\",\"tron price\",\"tron tvl\",\"trx\",\"trx price\"],\"dateCreated\":\"2023-01-12T14:36:00Z\",\"datePublished\":\"2023-01-12T14:36:00Z\",\"dateModified\":\"2023-03-08T07:26:33Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/01\/TRON.png?fit=648%2C432","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/515882"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=515882"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/515882\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/515892"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=515882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=515882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=515882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}