Tron · 2297

Analysis: Behind PUMP's monthly doubling, positive ecological feedback is the main driver

Comparing news, PUMP has continued to rebound since hitting a low of $0.001 at the end of June. It has risen about 19% in the past 24 hours and is close to $0.004, up 36% on the 7th, 98% on the 30th, and about 116% on the 90th. The crypto market has picked up in the past two days. Bitcoin once surpassed 79,000 US dollars. Some meme coins, such as PEOPLE, NEIRO, and BOME, are on the Binance rise list, which is in line with the common rhythm of market recovery and memes taking the lead. However, PUMP's rise was significantly earlier than the current market round, starting about two months earlier. PUMP's strong rise this time is driven by its fundamentals: Pump.fun is forming a positive feedback cycle of revenue, buyback, and traffic. On-chain data shows that in the past 30 days, the platform's processing fee was about US$38.15 million and revenue was about US$29.19 million, second only to Tether, Circle, and Canton, surpassing agreements such as Hyperliquid, Polymarket, GMGN, and Tron. The window that appeared in Gold Fork coincided with the re-acceleration of revenue, the continuous repurchase and destruction of PUMP, and the return of users trading on the platform. Pump.fun uses 50% of revenue to buy back and destroy PUMP. The recent weekly fee revenue surpassed $10 million (one of the best levels since the end of January), corresponding to potential buyback pressure of around $5 million. The platform recently launched Callout Rewards and reduced Solana transaction fees to 0% and cross-chain fees to 0.1%, using revenue advantages to subsidize traffic and compete with users of imported products such as GMGN and Fomo. If active weekly and daily active trading users continue to reach new highs, PUMP's market narrative may shift from a simple meme platform coin to a trading portal with high cash flow. Overall, this round of growth was driven by technical signals and positive feedback from fundamentals, with revenue scale and repurchase mechanisms being the core supporting factors.

1d ago

Wavefield TRON plans to launch a TVM compatibility upgrade proposal to advance the implementation of Prague and Osaka features

Comparatively, according to official sources, the TRON community is expected to launch the Prague and Osaka upgrade features introduced in the network parameter #95和 #96的激活提案投票，旨在开启 GreatVoyage - v4. 8.2 (Pyrrho) on the main network on August 25 to further improve the compatibility of TVM with the Ethereum ecosystem. Currently, the Nile Test Network has passed the relevant proposal on August 13. Developers can experience the new features and carry out joint dApp debugging and compatibility testing. Wavefield TRON reminds that nodes that have not completed the upgrade need to be updated to v4.8.2 or v4.8.2.1 before August 25, otherwise they may not be able to sync blocks properly after the relevant parameters are activated. At the same time, the community also welcomes developers to participate in the discussion of the proposal and continues to monitor the progress of subsequent voting and official entry into force.

3d ago

Geosheng Intelligent Robotics Co., Ltd. plans to go to Hong Kong for an IPO, raising up to 300 million US dollars

Comparing news, according to Bloomberg, people familiar with the matter revealed that Alibaba-supported robot manufacturer LimX Dynamics (LiMx Dynamics) has secretly submitted an IPO application in Hong Kong to raise up to 300 million US dollars. The wave of Chinese robotics company listings is once again growing. LimX Dynamics is partnering with CITIC Securities to advance the deal. LimX Dynamics (LimX Dynamics) is a embodied intelligent robotics company headquartered in Shenzhen, China. It was founded in 2022 and focuses on the R&D, manufacturing and commercialization of general-purpose robots. Core products include full-sized humanoid robots LimX Oli and LimX Luna, as well as the TRON series of modular robots, and the in-house development of the humanoid brain system LimX COSA. It is committed to promoting the implementation of AGI in the physical world, with the three major technologies of hardware design and manufacturing, integration of cognitive and motor intelligence, and embodied intelligent operating systems. The products have been used in scientific research, commercial services, and industrial inspection. The company received strategic investments from Alibaba, JD, etc., and recently completed multiple rounds of financing.

4d ago#financing

Moscow Exchange plans to launch Bitcoin and Ethereum perpetual futures for professional investors

In comparison, according to bits.media, Maria Patrikeeva, managing director of the Moscow Exchange derivatives market, said that the exchange plans to launch Bitcoin and Ethereum perpetual futures contracts for professional investors, and plans to expand the number of tradable currencies to ten. Perpetual futures are daily rollover contracts with no fixed expiration date, providing flexibility in position management. The exchange launched crypto derivatives in the summer of 2025, and professional investors can currently trade quarterly and monthly futures for Bitcoin, Ethereum, Solana, Ripple, and Tron.

4d ago

Data: TRON Eco released the 2026 Q2 Value Deflation Ecology Report. The quarterly buyback destroyed more than US$34.75 million

Comparatively, TRON Eco released the value deflation ecology report for the second quarter of 2026. The cumulative amount of repurchases and destruction during the quarter exceeded US$34.75 million, and the four core projects were promoted collaboratively. JST has completed the largest repurchase and destruction to date, destroying more than 355 million pieces at one time (worth US$34.59 million), a record high. The cumulative amount destroyed has reached 17.29% of the initial maximum supply, with a cumulative value of over US$94.62 million. SUN completed the 51st phase of buyback and destruction. More than 9.02 million pieces of SUN were destroyed in a single quarter, and the cumulative amount destroyed exceeded 678 million pieces. BTT and WIN announced a mechanism upgrade, using all revenue from the decentralized business and all revenue from the oracle service for repurchase, respectively. The new mechanism will be implemented on a regular basis starting in the third quarter. With the launch of the new mechanism in the third quarter, all four major projects have been incorporated into the sustainable deflation framework, achieving an upgrade from “phased incentives” to “institutionalized deflation.” TRON Eco will continue to use real revenue to drive repurchases and destruction to give back to the community.

8d ago

The amount of USDT issued on the Bochang TRON chain surpassed Ethereum and then entered the world's largest USDT distribution network

According to official Tether data, as of August 13, 2026, USDT on the Bochang TRON network chain once again increased by 1 billion US dollars, reaching 91.2 billion US dollars. The circulation volume once again surpassed the amount of USDT issued by the Ethereum network (90.3 billion US dollars), ranking first among blockchain networks. This historic milestone marks the further consolidation of Wavefield TRON's dominant position in the stablecoin field, and once again confirms the continued appeal of low-fee, high-efficiency settlement networks to global stablecoin funds. From trading assets to settlement tools, TRC20-USDT usage scenarios continue to expand the growth of USDT on the TRON chain, starting with sustainable real usage requirements. As of August 2026, the distribution volume of TRC20-USDT on the Bochang TRON network officially exceeded 91.2 billion US dollars, setting a new historical record. During the year, a total of about 10 billion copies were added, and the number of accounts held reached about 75.47 million. This size has enabled Wavefield TRON to carry half of the world's USDT issuance for a long time, accounting for about 50%. Judging from the usage structure, the actual payment attributes of Wavefield TRON are becoming more and more clear. According to CoinDesk Research data, in the first quarter of 2026, the average quarterly daily active account value of Bochang TRON rose to about 3.2 million, a new quarterly high. Meanwhile, in retail USDT transfers under $1,000, Bochang TRON's share is about 50%. It still maintains a dominant position in the $1,000 to $100,000 range, and continues to strengthen its “friendly” public chain position for retail and small to medium value settlement. This means that one of the main uses of USDT on Wave Field TRON is always the actual transfer of value between wallets. Looking at a longer period of time, the scale of on-chain transfers and settlements confirms this judgment. According to a research report released by Messari, in the first quarter of 2026, the amount of USDT transfers processed by the Bochang TRON network reached about 2.04 trillion US dollars, and the total number of transactions across the network was about 950 million. The average daily transactions rose from about 10.2 million in the previous quarter to about 10.9 million, which also set a new quarterly record; since 2026, Bochang TRON has led all public chains with annual USDT transfers of about 4.2 trillion US dollars. It depicts not a ledger within a single trading platform, but rather a scenario where multiple wallets directly transfer value on a public blockchain. Specifically, an overseas worker can send USDT to a family's wallet, and the payee can exchange it for local currency; cross-border e-commerce merchants can use USDT to settle with suppliers to reduce the impact of bank business hours and intermediary processes; freelancers can receive rewards from overseas customers and confirm on-chain payments within minutes; and digital asset service providers can transfer liquidity between exchanges, custodian wallets, and market-making accounts. The amount and purpose of the different cases are not the same, but the common requirements are fast payment, transparent fees, and 24/7 operation. Furthermore, cost stability is particularly important in a market environment where network fees fluctuate drastically. Since August 2025, Bochang TRON passed Governance Proposal No. 104 and lowered the unit price of energy by about 60%, on-chain transfer costs have been further reduced. Ecological access and secure collaboration go hand in hand. Whether the stablecoin infrastructure continues to improve and the stablecoin network can develop over the long term depends not only on circulation volume, but also on entry coverage, depth of liquidity, developer support, and risk management capabilities. Wavefield TRON is simultaneously constructing infrastructure in these directions. In terms of application entry, wallets, trading platforms, payment service providers, and DeFi protocols have extensive support for TRC20-USDT, enabling users to deposit, withdraw, transfer, exchange, and interact on the chain relatively easily. As new stablecoins such as USDD are integrated into the TRON ecosystem, stablecoin asset types have been further enriched; agreements such as JustLend DAO have extended the use of stablecoins to collateral and loan scenarios. Stablecoins are gradually shifting from a single transfer tool to the underlying asset for on-chain financial activities. In terms of user experience, mechanisms such as GasFree try to solve a common pain point: although new users hold USDT in their wallets, they may not be able to initiate transactions because there are no native tokens. By supporting stablecoins to pay associated network fees, these solutions help simplify the first-time usage process. For merchants, wallets, and payment applications, reducing the cost of user understanding bandwidth, energy, and native Gas tokens will also help stablecoin services enter a wider range of consumer scenarios. More importantly, scaling up needs to be synchronized with security governance capabilities. In September 2024, Wavefield TRON, Tether and TRM Labs joined forces...

9d agoburnking

The amount of USDT issued on the TRON chain surpassed Ethereum and became number one in the entire network

Comparing news, Tether's latest data shows that the total circulation of USDT on the TRON network has risen to about 91.2 billion, surpassing Ethereum's approximately 90.3 billion, making it currently the largest blockchain network with USDT issuance volume in the world. This means that in the USDT global distribution chart of nearly $200 billion, Wavefield TRON already has the largest share of a single chain. As demand for stablecoin payments, transfers, and transactions continues to grow, the focus of USDT's on-chain issuance is further concentrated on the TRON market.

9d ago

Robinhood Chain is hot, but is it profitable?

Source: Blockworks Research Authors: Ryan Graham and Sam Schubert Compiled and organized: BitPushNews highlights The crypto business is getting cold: Although Robinhood's overall performance hit a record high, its crypto business is shrinking. Q2 Crypto business revenue fell 38% year over year to $100 million, accounting for only 8% of total revenue; retail crypto trading volume fell 36% year over year, and the share of crypto assets in total custodian assets (AUC) also fell to a record low of 7%. Robinhood Chain (Robinhood Chain) started strongly: Robinhood Chain had one of the strongest starts of the L2 expansion network in recent years, generating $3.6 million in real economic value (REV) in July, accounting for 38% of all L2 chain revenues counted by growthepie, surpassing mature networks such as Polygon and Base. Meme coins dominated early activity: Meme coins, not real world assets (RWA), drove Robinhood Chain's early activity. Meme coins accounted for 51% of July spot trading volume, while RWA only accounted for 5%; and 48% of RWA trading volume occurred in the “Meme Coin + RWA” liquidity pool. Monetization opportunities lie in the application layer: Robinhood's clearest monetization opportunities lie above the infrastructure layer. USDG has generated around $10.5 million in annualized interest income; Morpho has proven the great value of direct distribution of Robinhood's main app; while Lighter only uses the Robinhood Wallet (Robinhood Wallet) partnership, accounting for only 0.2% of its total perpetual contract trading volume. The company's overall performance has yet to be boosted: Robinhood Chain is currently unable to substantially improve Robinhood's underlying performance. Its total known annualized revenue is only $54.8 million, which is equivalent to only 14% of Robinhood's annualized crypto revenue. For the Robinhood Chain to have a real impact, Robinhood needs to scale up USDG, monetize access to main apps, or use the chain as a traffic entry point to introduce high-value products. Robinhood's crypto business at the crossroads is probably no company that has managed to capture the rise of retail investors as successfully as Robinhood. It has become synonymous with retail investment, and its underlying business is booming as a result. In the second quarter of 2026, Robinhood reported quarterly revenue of $1.31 billion (a record high), up 32% year over year and 92% from Q2 2024. This strong momentum comes not only from its core stock and options trading business, but also from its ever-expanding product matrix. Robinhood now has 13 different lines of business, each generating more than $100 million in annualized revenue. In fact, almost all transaction-based business lines experienced double-digit year-on-year growth in the second quarter... well, with one exception: cryptocurrencies. The crypto business, which once accounted for more than one-third of Robinhood's revenue, has now shrunk to the point where it's almost negligible for the company. In the second quarter of 2026, only 8% of Robinhood's quarterly revenue came from cryptocurrencies, the lowest share since the third quarter of 2023. The crypto business's share of Robinhood's revenue pie has declined so much that event contracts (event contracts), which were only launched last year, generated more revenue in the second quarter ($156 million) than the crypto business ($100 million). This weakness goes far beyond the crypto business's declining share of Robinhood's revenue. Overall, its core user base is losing interest in cryptocurrencies. While the reason behind it isn't unique to Robinhood, the extent of its weakness is shocking. This is particularly evident in trading activities. In the second quarter of 2026, retail crypto trading volume on the Robinhood App was just $182 billion, down 36% year over year, to record...

9d agoWendy#Robinhood #Robinhood Chain #RWA #Robin Hood chain

B.AI officially launched the ability to recharge on behalf of others, supporting multiple chain addresses and multiple payment methods

According to Twitter, the B.AI platform officially launched the “recharge for others” function on August 12. Users can add platform points to team members or friends with one click, and support entering each other's email or on-chain address (compatible with TRON, EVM and Solana networks) to complete accurate positioning and real-time payment. In terms of payment channels, the function is fully integrated into fiat channels such as WeChat, Alipay, UnionPay, Visa, Mastercard, Google Pay, and Apple Pay, and simultaneously supports mainstream cryptocurrency payments. In order to motivate users to use it, the platform simultaneously launched a recharge rebate campaign: recharge through BNB Chain to enjoy 1:1 equal points, 1:0.5 rebates for other payment methods, and a single user can receive up to $100 in additional rewards.

10d ago

TRON DeFi Summer S2 Community Voting Opens to Determine $1.2 Million TRX Incentive Pool Allocation

According to Twitter news, JUST officially launched TRON DeFi Summer S2 user voting. From now until August 17, all TRX holders can participate in voting to determine the final distribution plan for the $1.2 million TRX incentive pool this season. The voting results will directly influence the coverage and distribution weight of Boosted APR for the S2 season. TRON DeFi Summer S2 was launched on August 5. For a period of 60 days, Boosted APR's exclusive incentives cover core asset pools such as TRX, USDD, JST, and SUN. Users can participate in JustLend DAO in one stop through the DeFi section of the Binance wallet. This vote is an important move by Wavefield Ecosystems at the DeFi governance level, and community participation will influence the formulation of incentive strategies for the next quarter. Holders can participate in voting through the JUST official account.

12d ago