Tron has gained 3% in the past day as the crypto market opens lower.
The network’s surging transactions are partly the cause of the uptick.
The token, however, remains vulnerable to the overall market sentiment.
TRON TRX/USD is up 3% in the past 24 hours and 4% in the past week. The token is trading for $0.064, the highest gain among the top 15 cryptos. Could it be readying for better gains when crypto hits full recovery?
Several factors are putting the smart contract platform on the winning side. One of them is the surge in transaction volumes. According to data from Tronscan, Tron’s transactions surpassed 4 billion on October 10.
Besides, its total value locked (TVL) is up 2% in the past day at $5.71 billion. Similarly, the number of accounts opened on the dApps network is rising. The figure has reached 115 million in the p
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