TRON Blockchain Transfer Volume Surpasses $27 Trillion
- Transfer Volume Milestone: According to the latest data from TRONSCAN, the total transfer volume on the TRON blockchain has surpassed $27 trillion, indicating sustained growth in both user numbers and transaction volume, highlighting TRON's significance in the global digital asset ecosystem.
- Accelerating Transaction Activity: The total number of transactions on the TRON network has exceeded 14 billion, with accounts surpassing 382 million and a peak of 13.17 million transactions in a single day, while the average daily transaction volume over the last 30 days has stabilized at 11.33 million, showcasing significant user engagement and app adoption.
- Stablecoin Transfers Dominate: The surge in activity is primarily driven by the popularity of stablecoin transfers on TRON, as users favor the network for its low-cost and fast transactions for international remittances and online payments, further boosting blockchain adoption.
- Industry Leadership: The latest metrics from TRONSCAN continue to position TRON among the industry's leaders in terms of users, transaction counts, and transfer volume, indicating its expanding influence in global digital payments and transfer networks.
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Technical Analysis for STABLE
Technical Sentiment Analysis for (STABLE). As of , (STABLE) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 4 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for STABLE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, STABLE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
(STABLE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0211 | 0.0258 | 0.0305 | 0.0352 | 0.0398 | 0.0445 | 0.0491 |
| Fibonacci | 0.0258 | 0.0294 | 0.0316 | 0.0352 | 0.0387 | 0.0409 | 0.0445 |
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