BREAKING
291d 10h ago

Tron Stablecoins Surge by $623 Million While Arbitrum Sees $178 Million Decline: Latest Market Insights

TRX

TRX/USDT

$0.2811
-2.23%
24h Volume

$167,072,351.71

24h H/L

$0.2875 / $0.2805

Change: $0.007000 (2.50%)

Funding Rate

-0.0390%

Shorts pay

Data provided by COINOTAG DATALive data
Tron
Tron
Daily

$0.2810

-0.85%

Volume (24h): -

Resistance Levels
Resistance 3$0.2895
Resistance 2$0.2852
Resistance 1$0.2817
Price$0.2810
Support 1$0.2800
Support 2$0.2766
Support 3$0.2706
Pivot (PP):$0.281767
Trend:Downtrend
RSI (14):35.2

According to the latest data from LookIntoChain, Tron’s stablecoins have experienced a significant surge, increasing their market cap by $623 million within the past week. This growth primarily involves the highly utilized USDT and USDC. In contrast, the stablecoins associated with Arbitrum have seen a notable decline, with a reduction of $178.26 million in the same timeframe. These fluctuations reflect the ongoing shifts in the crypto market dynamics, highlighting the resilience of Tron’s ecosystem amid broader market volatility. Investors and analysts are closely monitoring these developments, as stablecoin performance often indicates overarching trends in cryptocurrency liquidity and user sentiment.

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