TRON drops 1.19%, holding up better than the broader market amid widespread declines.
Across the entire network, 115,000 people were liquidated, and market funds began looking for safe havens. As a result, TRX’s defensive characteristics have drawn attention. On-chain stablecoin settlement demand forms the fundamental base for TRON’s continued existence.
Bullish: Stablecoin settlement is driven by real-world usage needs and is not entirely affected by short-term market conditions; even in a weak market environment, it can still provide some support. #TRX
Across the entire network, 115,000 people were liquidated, and market funds began looking for safe havens. As a result, TRX’s defensive characteristics have drawn attention. On-chain stablecoin settlement demand forms the fundamental base for TRON’s continued existence.
Bullish: Stablecoin settlement is driven by real-world usage needs and is not entirely affected by short-term market conditions; even in a weak market environment, it can still provide some support. #TRX
