The latest crypto news for Tron (TRX), Solana (SOL) and Sandbox (SAND).
Here is a brief description of how the three projects are advancing, along with their price performance.
Summary
Tron (TRX): what happened to the crypto over the weekend?
The crypto created by Justin Sun, Tron, seems to have seen a significant price pump over the weekend, which came soon after the news that TRX is live on the Ethereum blockchain, thanks to the BitTorrent bridge.
And indeed, last Saturday, the price of TRX rose from $0.076 to $0.085, only to fall back to $0.081 at the time of writing.
This episode is significant for the Tron community, as TRX crossed the $0.08 threshold, something that has not happened since June 2022.
Recently, the 11th largest crypto by market capitalization announced a partnership between Tron DAO and Nansen, a leading provider of blockchain data and research. Users will now be able to get data and analysis on the crypto and its ecosystem.Â
Tron (TRX), Solana (SOL) and Sandbox (SAND): the performance of the three crypto assets
In addition to Tron (TRX), also Solana (SOL) and Sandbox (SAND) have seen a bullish price trend this past week.
And indeed, SAND is up 10%, with the price rising from $0.54 to $0.60. The 41st crypto by market capitalization has also seen a 6.5% pump in the last 24 hours alone.
However, unlike TRX, SAND has not yet returned to last year’s price, and is instead still bearish. Indeed, $1.29 is the price it touched at the height of “crypto winter,” precisely in June 2022, now it is still at -53% from that level.
Looking at SOL‘s chart, the ninth-largest crypto by market capitalization is experiencing a price pump of 3.60% in the last seven days, although it has seen a drop in the last 24 hours.
And indeed, SOL has gone from last week’s price of $20.73 to the current $21.48, even touching $22.15 at one point. SOL is also still far from last year’s $38.5, in June 2022.
Sandbox (SAND) and Solana (SOL): news about crypto projects
Solana has been called a “resilient” crypto directly by leading crypto analyst company Messari.
And indeed, in a roundup of tweets, Messari pointed out that Solana is experiencing declines in TVL for both NFTs and DeFi, although apparently, the blockchain continues to recover thanks to the active participation of developers.
Not only that, Messari explained that the Solana crypto project is successfully attracting new users, but long-term retention remains a challenge.
Recently, the Solana Foundation announced the release of a plugin for ChatGPT that integrates Artificial Intelligence (AI) with the layer 1 blockchain. Â
Turning to The Sandbox (SAND), the metaverse and Play-to-Earn crypto continues to remain in pole position when it comes to its VIP collaborations. Such as the one involving Paris Hilton and her Avatar Revolution on Sandbox.
Recently, co-founder of The Sandbox, Sebastien Borget, gave his opinion on Artificial Intelligence, saying that AI makes the metaverse safer.
