bullish

Solana

Value

SUNDOG

<ul class="wp-block-list news-points">
 <li>Tron remains the second largest blockchain in TVL, while Solana is only in third place.</li>
 <li>The blockchain boasts the highest circulating supply of stablecoins, accounting for about $60 billion.</li>
 <li>Analyst Miles Deutscher remains bullish about Tron, its native token TRX, and its meme coin SUNDOG.</li>
</ul>
Even with all the excitement around Solana, Aussie analyst Miles Deutscher sees potential in Justin Sun’s Tron blockchain. It is worth noting that Tron holds the second spot in terms of Total Value Locked (TVL), right after Ethereum, with Solana in third.
Deutscher shared his thoughts on the X platform, suggesting Tron could overtake Solana. Solana’s been in the spotlight for its big investments, but Tron’s strength as a payments network stands out – it has the largest global circulating supply of stablecoins at roughly $60 billion.
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 It's also the 2nd largest blockchain for TVL, ahead of Solana (this is an significant point which I will expand on later in this thread). <a href="https://t.co/fwLnXczOi8" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/fwLnXczOi8</a>— Miles Deutscher (@milesdeutscher) <a href="https://twitter.com/milesdeutscher/status/1826655972225679787?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 22, 2024</a>
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Elaborating on the bullish perspectives on Tron, the analyst pinpointed that the blockchain’s mindshare is “perpendicul…
The post <a href="https://coinedition.com/analyst-trons-trx-sundog-set-for-bull-run/" rel="noopener noreferrer nofollow">Analyst: Tron’s TRX &amp; SUNDOG Set for Bull Run</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Analyst: Tron’s TRX & SUNDOG Set for Bull Run

Coin Edition

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