The cryptocurrency market is constantly evolving and three of the cryptos that are attracting the attention of investors are Tron (TRX), Shiba Inu (SHIB), and Cardano (ADA).
In this article, we will examine the current prices and market statistics of these cryptocurrencies, followed by the latest news concerning them.
Prices and news of the crypto Tron, Shiba Inu, and Cardano
Tron is a blockchain platform founded by Justin Sun with the goal of decentralizing the web through blockchain technology. TRX is the native cryptocurrency of this network. At the time of writing this article, the price of Tron (TRX) is around $0.11.
Tron has a market capitalization of approximately $10.8 billion and a daily trading volume that exceeds $280 million. The total supply of TRX is about 100 billion tokens, with a circulating supply close to 89 billion.
Shiba Inu is a meme cryptocurrency that has gained popularity due to its similarity to Dogecoin, but with an expanding ecosystem that includes ShibaSwap, a decentralized exchange. Currently, the price of Shiba Inu (SHIB) is around $0.000017.
The market capitalization of SHIB is about $10 billion, with a daily trading volume hovering around $200 million. The total supply of SHIB is astronomical, with one quadrillion tokens, of which about 549 trillion are in circulation.
Cardano is an open-source blockchain platform that uses a research-based approach to develop advanced technologies. Founded by Charles Hoskinson, one of the co-founders of Ethereum, Cardano aims to create a scalable and secure blockchain network.
At the moment, the price of Cardano (ADA) is around $0.38. The market capitalization of ADA is about $13.5 billion, with a daily trading volume approaching $260 million. The total supply of ADA is 45 billion tokens, of which about 35 billion are in circulation.
Recent news on Tron, Shiba Inu, and Cardano
Recently, Tron has made headlines due to its growing adoption in decentralized finance (DeFi).
The platform has seen a significant increase in the total value locked (TVL) in its DeFi protocols, surpassing $10 billion. This increase has been partly attributed to the integration with several popular DeFi platforms and the increased support for TRC-20 tokens.
Additionally, Tron has announced a series of strategic partnerships, including one with a major streaming platform that aims to leverage Tron’s blockchain to decentralize content distribution.
Regarding Shiba Inu, one of the most relevant news was the introduction of Shibarium, a layer 2 solution that aims to improve scalability and reduce transaction fees on the Ethereum network.
Shibarium promises to make transactions with SHIB more efficient and less costly, which could incentivize greater use of the cryptocurrency.
Additionally, the Shiba Inu community has been actively involved in charity initiatives and fundraising, increasing visibility and support for the project. Recently, Shiba Inu also announced collaboration with various NFT marketplaces, further expanding its ecosystem.
Cardano has continued to progress with its roadmap, with a particular focus on the Hydra upgrade, which aims to significantly improve the scalability of the network. Hydra is a layer 2 protocol designed to increase transaction speed and reduce costs, making Cardano an even more competitive platform.
Additionally, Cardano has formed partnerships with various governmental and non-governmental organizations in Africa to implement blockchain solutions that address digital identity and financial inclusion issues.
Recently, Cardano has also announced the launch of new tools for developers, facilitating the creation of decentralized applications (dApp) on its platform.
Conclusions
Tron, Shiba Inu e Cardano sono tre cryptocurrencies con caratteristiche e obiettivi molto diversi, ma tutte stanno facendo passi significativi nel loro sviluppo.
Tron continues to expand in the DeFi sector, Shiba Inu is improving its scalability and efficiency, while Cardano progresses with technological updates and strategic partnerships.
The future of these cryptocurrencies seems promising, with developments that could lead to greater adoption and market value. Investors and enthusiasts should keep an eye on these cryptocurrencies to see how they will evolve in the coming months.
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