- Tron’s network now hums and whirs with a suspicious number of transactions, all at the speed of a runaway governor’s carriage—cheap, too, like yesterday’s turnip soup.
- Meanwhile, the native coin, TRX, seems to have achieved that rare feat: motionless oscillation, heroically wedged between grandiose buy and sell walls. Is it up? Is it down? clairvoyants and humble peasants are equally baffled.
Our tale begins in a world where Ethereum, the mighty bureaucrat, sits heavily atop his ledger, while young Tron sinisterly nips at his coattails. Glance at the sacred volumes of Tether’s transparency—if you dare!—and you shall see Tron clutching nearly $72 billion in stablecoin, his fingers sweating, his brow furrowed. Still, Ethereum, with $74.5 billion, puffs on a pipe and whistles a smug tune.
The contest narrows further when one considers the “net circulation,” a phrase that tastes of dusty offices and tepid tea. Here, Ethereum clings to $73 billion; Tron, practically breathing onion-heavy sighs onto his rival’s neck, manages $71 billion. Solana, Ton, and Avalanche meander in the background, distracted by the promise of cake at a neighboring banquet, holding barely $2 billion each.
This swelling of Tron’s coffers, then, is no accident! CryptoQuant—known for counting things nobody else understands—crowed just this week that Tron is, quote, “one of the most active blockchain networks in the world,” having tripped over the $10 billion total transaction milestone. We did not check, but it is possible the network celebrated with vodka and folk music.
Daily transactions are reported to be well above 8 million. Yes, eight million. Whether these be the sweat of real men with muddy boots or the ciphers of idle algorithms, who can say? But it places Tron among the blockchain nobility, beside Ethereum’s stately mustache.
Let us not weep for the numbers of yesteryear—2023 brought a feverish peak, but these days, the merry crowds are nearly as raucous as during the great asset parades of mid-2021 and late 2024.
TRX’s price, alas, is the punchline of this satirical epic. It soared, as legends do, above $0.43 in the last winter festival, before a sudden fall that left more bruises than dignity: a loss of 40% and now, a most unflinching price corridor between $0.2 and $0.26.
Now comes the soothsayer—probably wearing a tattered coat—who reports that TRX has assembled a mighty buy wall around current values. “Fear not!” he cries, “Should chaos come, this wall shall hold!” But just yonder, a sell wall of no less formidable stone stands around $0.3, daring any price to breach it. So the token shall dawdle here, held in stasis, like a bureaucrat’s paperwork awaiting the tsar’s signature forevermore.
Fin.
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2025-05-03 15:46