BREAKING
314d 23h ago

Tron Network Sees $1.21 Billion Jump in Stablecoins USDT and USDC Amid Decline on Arbitrum

TRX

TRX/USDT

$0.2788
+1.12%
24h Volume

$115,098,670.07

24h H/L

$0.2794 / $0.2751

Change: $0.004300 (1.56%)

Funding Rate

+0.0047%

Longs pay

Data provided by COINOTAG DATALive data
Tron
Tron
Daily

$0.2788

0.18%

Volume (24h): -

Resistance Levels
Resistance 3$0.2946
Resistance 2$0.2883
Resistance 1$0.2813
Price$0.2788
Support 1$0.2767
Support 2$0.2724
Support 3$0.2683
Pivot (PP):$0.278133
Trend:Downtrend
RSI (14):39.3

According to recent insights from LookIntoChain, the on-chain stablecoin dynamics reveal significant shifts across various platforms. Over the past week, stablecoins, particularly USDT and USDC, on the Tron network experienced an impressive uptick, expanding by 1.21 billion. This notable increase underscores the sustained interest and liquidity within the Tron ecosystem, signaling a robust inflow of capital.

In contrast, the Arbitrum network faced a decline, with USDT and USDC shrinking by 438.4 million. This reduction may reflect shifts in user sentiment or trading preferences, highlighting the competitive landscape of blockchain networks. As the stablecoin market continues to evolve, monitoring these trends becomes crucial for investors seeking to navigate the complex dynamics of digital assets.

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