TRX burn was on the rise, and total accounts exceeded 143 million. Metrics remained positive, but stochastic was concerning. TRON [TRX] has been stepping up its game in terms of burn activity, which proves its deflationary characteristic. The figure has increased considerably since 2022, and over 600 TRX tokens have been removed from the circulating […]
has also gained popularity in Hong Kong and has collaborated with several publicly listed companies in Hong Kong in the recent past. Interestingly, Huobi recently announced that it was applying for a crypto trading license in Hong Kong, and Sun mentioned that its partnership with Huobi will help drive adoption of digital assets in Hong Kong and China.
Like many other cryptos, 2023 brought good news for TRON, as its price increased considerably, thanks to the bullish market trend. According to, TRX was up by 8% in the last week, and at the time of writing, it was trading at $0.07198 with a market capitalization of over $6.5 billion. Santiment’s chart revealed that a few other metrics were also positive for TRX for the last 30 days.
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