In a surprise turn of events, the new dark horse of the crypto world, Intel Markets (INTL) has started drawing elite analysts and investors to itself. It’s not an entrant to play ball but one that’s gonna change the rules of the game with its dual-chain strategy.
Meanwhile, blockchain heavyweights Tron (TRX) and Avalanche (AVAX) continue making waves with their current ongoing developments. At this point, investors are wondering if these two will be able to hang on to the limelight or if Intel Markets (INTL) and its innovative approach will snatch it away from under their noses. Let’s dive into the details!
Record-Breaking Revenue Drives Tron’s (TRX) Growth
Tron (TRX) has had a spectacular year, increasing 113% in price. This surge has propelled TRX beyond a crypto behemoth, Cardano (ADA), in the cryptocurrency rankings.
There are many reasons behind Tron’s (TRX) rise. The Tron (TRX) blockchain has gained the second biggest stablecoin market share, after only Ethereum. Tron (TRX) now accounts for 38% of the overall stablecoin market, with a stablecoin supply of $61 billion, up from $46.6 billion the previous year.
Additionally, meme coins’ widespread use on the Tron (TRX) network has aided in the network’s expansion. These memecoins boost investor trust in TRX while simultaneously promoting the use of the Tron blockchain.
On August 21, Tron (TRX) achieved a new all-time high since the introduction of its mainnet in 2018, with $5.33 million in single-day revenue. The TRON ecosystem has grown tremendously, especially after the debut of SunPump, the network’s first MemeCoin launch platform.
Important indicators like average daily transactions and daily active users have been growing at an incredible pace, with daily transactions surpassing 8 million and active users getting close to 3 million, respectively.
Avalanche (AVAX) Rallies After Massive Token Unlock Event
Avalanche (AVAX), the 12th largest cryptocurrency, surged for the sixth day in a row following a substantial token unlock. On August 21, the Avalanche (AVAX) token peaked at $23.25, its highest level since August 3 and 32% higher than its August low.
The increase took place one day after the network released 9.5 million AVAX tokens with a total value of more than $202 million. The next unlock is scheduled for November 18 of this year.
Avalanche (AVAX) holders could expect additional unlocks in the coming years, as just 64% of all tokens have been unlocked. By August 2029, more than 255 million tokens will be unlocked.
Avalanche’s (AVAX) token also climbed as Santiment statistics revealed that intraday volume increased to more than 309 million, the highest level since August 7.
Intel Markets (INTL): The Dual-Chain Revolution
Intel Markets (INTL), an AI-powered trading platform, is quickly gaining traction in the crypto world. It has established itself as a credible competitor thanks to its innovative approach, solid team, and financial backing.
One of Intel Markets’ (INTL) most distinguishing characteristics is its dual-chain infrastructure. By providing trading on both Ethereum and Solana, the platform broadens investment alternatives and increases its appeal. Furthermore, Intel Markets (INTL) is constructing its proprietary blockchain, strengthening its market position.
Intel Markets (INTL) is the first enterprise-grade AI platform for trading analysis and automation. This cutting-edge technology, based on a proprietary L1 blockchain, offers the level of complexity traditionally reserved for institutional investors. Retail traders may now make use of these cutting-edge instruments and tactics as well.
Intel Markets (INTL) has already garnered substantial support, having raised more than $550,000 from investors in the Fortune 500 and a sovereign wealth fund. This highlights the platform’s enormous potential and the confidence it has earned from top industry players.
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