Prix de Sun [New]SUN

With all the recent perturbations in the cryptocurrency market, the price charts of digital assets look confusing, to say the least. One of the most baffling scenarios is XRP’s performance against Bitcoin . Advertisement Right now, the price of the altcoin is estimated at 0.0000262 BTC. Worth mentioning, three months ago, the market was giving 0.000009 BTC for 1 XRP. At that time, XRP was trading at around $0.6, and no one, except the community of enthusiasts around the coin, was paying attention to it. Ripple v. SEC: XRP, ADA, and SOL Prices Skyrocket Following Crypto Strategic Reserve Announcement DOGE to $4? New Dogecoin Price Prediction Reveals Way 14,372,556 SHIB in Minutes: What's Going On? Saylor’s Strategy Delivers $2.6 Billion Bitcoin Gain As 2025 Begins But after a 500% rally, the situation has changed. then, on a 12-hour time frame, XRP was trading below its 200-day moving average against Bitcoin. It then broke out in a sharp upward move, traded above the average for a while, and eventually dropped back to the moving average.Currently, on the four-hour chart, XRP is trading below its 200-day moving average, which is bearish.On the daily time frame, it is below the 23-day moving average and formed a death cross two weeks ago after colliding with the 50-day moving average. The 200-day moving average is 34.24% lower on the daily time frame at 0.0000173 BTC for XRP. Related Sun, 03/02/2025 - 13:22 500,000,000 XRP Lands in Ripple Account: What's Endgame? Gamza Khanzadaev So, as you may see — the situation is extensive. There is strong support on the 12-hour time frame, but the outlook on the other time frames is less favorable. Adding to the complexity is the fact that spring is traditionally a prosperous period for cryptocurrencies, including XRP and Bitcoin.This leaves the market with a critical question: Is XRP on the verge of another golden bull rally, or is the altcoin about to take a miserable tumble? Related Sun, 03/02/2025 - 10:25 XRP Loses 60% On-Chain, but Price Is Up: What's Deal Here? Technical indicators present a mixed picture, with both bullish and bearish signals in play. Traders and investors must weigh the potential for a breakout against the risk of further downside.As the market watches closely, XRP's next moves against Bitcoin could set the tone for the broader altcoin market in the coming weeks.$BTC $XRP

The Tron network’s stablecoin market is witnessing a clear leader. USDT has established itself as the primary asset for value transfers and trading. In fact, CryptoQuant’s latest analysis revealed the overwhelming dominance of USDT on the Tron network, which accounts for 98.5% of the total stablecoin supply. USDT’s Market Share on Tron With a circulating supply of $62.76 billion out of nearly $64 billion in stablecoins on the network, USDT has established itself as the cornerstone of Tron’s stablecoin ecosystem. Competing stablecoins hold only marginal shares, with USDC representing 0.06%, USDD at 1.15%, TUSD at 0.26%, and USDJ making up just 0.01% of the supply, as per the on-chain analytic platform’s findings. Notably, the supply of other stablecoins has remained stagnant since March 2024. The same cannot be said for USDT which continued to expand while solidifying its market dominance. Beyond supply, USDT also plays a crucial role in Tron’s liquidity. Its daily on-chain volume from centralized exchanges ranges between $4 billion and $5 billion, spiking during periods of high TRX price volatility. This indicates that USDT not only dominates the network’s stablecoin supply but also serves as a critical pillar for trading activity and value transfers across the Tron blockchain. Data from IntoTheBlock further revealed that the Tron network currently processes over 14 million USDT transactions per week, which represents 69% of all USDT activity. This figure is a notable increase from 61% in late January. Zero-Fee USDT Transactions on Tron Tether’s USDT stablecoin is set to introduce commission-free transactions on the Tron blockchain, according to Tron founder Justin Sun’s recent post on X. The Gas Free feature will allow USDT transfers without requiring TRX tokens for gas fees, making transactions more accessible. Sun invited wallets and projects to integrate the feature through JustLend, which happens to be Tron’s official lending platform. Tron has been known for its low-cost USDT transfers compared to Ethereum, but recent data shows it has become one of the most expensive networks for USDT, with gas fees ranging between $3.06 and $6.22 – significantly higher than Ethereum’s $0.14 fees. As such, the new Gas Free feature aims to restore Tron’s position as a cost-effective stablecoin network by eliminating the need for users to hold TRX for transactions. The post USDT Dominates Tron Network with 98.5% Share of Stablecoin Supply appeared first on CryptoPotato.

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Announcement Alert! $SCIHUB Alexandra, the founder of Sci-Hub, announced on the official Sci-Hub channel that they are about to launch Sci-Net. It is reported that Sci-Net is a new platform where anyone can upload scientific papers and receive SCIHUB token rewards. Sci-Net will create a mutual aid network to reward knowledge sharing. $SNEK $WIF $BIZA $VELODROME $MANTA $RON $ZEN $JUP $CLORE $PEOPLE $DEFI $SUN $MDT $PSTAKE $X $MOODENGETH $CLANKER $SHOGGOTH

Too many people think it's good to go into the house of the US President and get into a pissing match with him. If that's you do yourself a favor and go read The Art of War by Sun Tzu.