📊 This week in US stocks, expectations for AI provided support, but at the end, caution about interest rates took the lead.
🇺🇸 The S&P 500 rose +0.49% for the week, NASDAQ was up +0.85%, and the NY Dow gained +0.53% 📈
However, on Friday, Chairman Warsh reiterated the importance of the 2% inflation target, and there were moments when expectations for rate hikes strengthened ⚠️
What I want to focus on here is TRON 🔺
In Q2, TRON reported:
🌐 1.1 billion transactions
👥 16.4 million active users
💵 Stablecoin supply of about $89.0 billion
💰 Stablecoin settlement volume of about $2.08 trillion
📊 TVL of about $28.15 billion
It also expanded further. In addition, network revenue increased 18% quarter-over-quarter to about $722 million, and development activity grew by 82%.
What’s interesting is that you don’t have to judge TRON’s growth purely by user numbers.
Usage increases
↓
Transactions increase
↓
It leads to higher network revenue
↓
Development becomes more active
That kind of virtuous cycle is starting to show up in the numbers 🔄🌏
When the market is swayed by AI and interest rates, I want to check not just the TRX price, but the growth of the network itself 👀🔺
@Justin Sun孙宇晨 @TRON DAO #TRONGlobalFriends #TGF #TRON
🇺🇸 The S&P 500 rose +0.49% for the week, NASDAQ was up +0.85%, and the NY Dow gained +0.53% 📈
However, on Friday, Chairman Warsh reiterated the importance of the 2% inflation target, and there were moments when expectations for rate hikes strengthened ⚠️
What I want to focus on here is TRON 🔺
In Q2, TRON reported:
🌐 1.1 billion transactions
👥 16.4 million active users
💵 Stablecoin supply of about $89.0 billion
💰 Stablecoin settlement volume of about $2.08 trillion
📊 TVL of about $28.15 billion
It also expanded further. In addition, network revenue increased 18% quarter-over-quarter to about $722 million, and development activity grew by 82%.
What’s interesting is that you don’t have to judge TRON’s growth purely by user numbers.
Usage increases
↓
Transactions increase
↓
It leads to higher network revenue
↓
Development becomes more active
That kind of virtuous cycle is starting to show up in the numbers 🔄🌏
When the market is swayed by AI and interest rates, I want to check not just the TRX price, but the growth of the network itself 👀🔺
@Justin Sun孙宇晨 @TRON DAO #TRONGlobalFriends #TGF #TRON