TRON (TRX)

1/
@trondao just crossed 389 million user accounts, $4.6B in DeFi TVL, and nearly $90B in stablecoin market cap.

The Institutional money is starting to follow. 🏦🧵👇 https://t.co/2HYN3Yts7V

Top 10 Layer 1 Blockchains by Trailing 12-Month Revenue

1- Tron: $3.12B
2- Ethereum: $121.9M
3- Solana: $38.5M
4- BNB Chain: $22.3M
5- Polygon: $11.4M
6- Avalanche: $6.7M
7- Sui: $5.5M
8- NEAR Protocol: $5.1M
9- Internet Computer: $3.35M
10- Injective: $3.34M

- @trondao continues to crush it, generating over 25x more revenue than @ethereum.

- Ethereum holds strong at #2, while @solana and @BNBCHAIN show solid performance.

- @injective makes a strong entry into the Top 10 with $3.34M.. impressive momentum and a clear sign of growing adoption in the derivatives and DeFi space.

Revenue remains one of the best indicators of real product-market fit in crypto.

Which Layer 1 do you think will climb the ranks fastest in the coming months?

$TRX
I think the bounce that was expected from the yellow box for TRX is done with.

Now if you want to build shorts on this till the next yellow zone, you want some confirmations, and the first one is that there are couple of daily candle closes below 0.3186, do that, and the retracement after that is your entry for short.

Overall, the brush is valid.

#CRYPTO #TRADING #BTC #ETH #TRX #MARKETUPDATE