Source link

TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), announced today that the number of total accounts on the TRON blockchain has exceeded 400 million. The milestone reflects sustained activity across the network and reinforces TRON’s position as one of the world’s most actively used blockchain networks, with usage powering real-world economic activity on-chain.

The pace of account growth accelerated significantly after TRON reached its first 100 million accounts, a milestone that took four years from the launch of its genesis block on June 25, 2018. The network reached 200 million accounts approximately 17 months later, on December 7, 2023. From there, TRON doubled its total number of accounts in less than three years, surpassing 300 million on April 12, 2025, before crossing 400 million on August 23, 2026. 

TRON’s expanding user base is reflected in the scale and volume of activity taking place on the network. With more than 15.2 billion transactions processed and total transfer volume surpassing $29 trillion, TRON has emerged as critical infrastructure for the movement of digital assets at global scale. Its combination of high throughput, low transaction costs, and deep liquidity has made the network a leading settlement layer for stablecoin payments, cross-border transfers, and an expanding range of on-chain financial activity.

“Reaching 400 million accounts is a meaningful milestone for the TRON ecosystem and a reflection of the growing demand for accessible blockchain infrastructure,” said Justin Sun, founder of TRON. “From payments and stablecoins to decentralized applications and tokenized assets, TRON continues to provide the infrastructure that enables users around the world to participate in the digital economy. As adoption grows, we remain focused on building a network that is efficient, accessible, and capable of supporting the next generation of blockchain use cases.”

The milestone comes as TRON continues to expand its presence across the digital asset ecosystem, with growing applications in institutional asset tokenization. Recent developments include the launch of the S&P Pantera Digital Asset Index, which recognized the TRON blockchain among the top protocols in the benchmark, based on protocol utility, onchain liquidity, and network activity. Collaborations with Anchorage Digital, Securitize, and Bitnomial have also expanded institutional access to the TRON ecosystem.

TRON remains focused on building reliable, efficient infrastructure that supports the continued growth of its user base and the expanding role of blockchain technology in the global digital economy.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017, the TRON blockchain has experienced significant growth since its Mainnet launch in May 2018. TRON currently hosts the largest circulating supply of USD Tether (USDT) stablecoin, which currently exceeds $94 billion. As of August 2026, the TRON blockchain has recorded over 400 million in total user accounts, more than 15 billion in total transactions, and over $28 billion in total value locked (TVL), according to TRONSCAN. Recognized as the global settlement layer for stablecoin transactions and everyday purchases with proven success, TRON is “Moving Trillions, Empowering Billions.”

TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum

The post TRON Surpasses 400 Million Accounts as Total Transfer Volume Nears $30 Trillion appeared first on BeInCrypto.

Source link

Bitcoin’s price initiated another leg up in the past several hours, blasting past $80,000 and $81,000 for the first time since the middle of May.

BTC even outperformed many larger-cap altcoins, which resulted in an uptick in its dominance over the market.

Bitcoin Exceeded $81K

It was just a week ago when we were wondering what would be the new (old) thing that we could write about the crypto market, as bitcoin had stalled below $65,000 for a long, long time. However, Wednesday afternoon changed the trend. Whether it was the US Treasury Department’s announcement, the White House Crypto Summit, or something else, BTC exploded out of the gate with force.

It went to $70,000 within a few hours, dipped back to $68,000, and then skyrocketed once again to $75,000 by Thursday. The bulls took it a step further on Friday, helping BTC climb to almost $80,000 for the first time since mid-May.

After gaining $15,000 in days, the asset was due for a correction, which took place during the weekend with a price slip to $75,500. Nevertheless, the bull returned in full force at the start of the new business week, pushing bitcoin to over $81,000 earlier today to mark a 15-week peak.

It was stopped there and now sits inches below $80,000, but its market cap has risen to $1.6 trillion. Its dominance over the alts has rocketed to 58% on CG and to almost 60% on CMC after its latest run.

SOL Touches $100

Solana’s native token is the top performer among the larger-cap alts today, surging by 7% to over $100 for the first time in months. HYPE has neared its all-time high of $83, marked a few days ago, once again, as it now sits close to $82. ZEC has surpassed DOGE as the 10th-largest cryptocurrency by market cap.

XMR and RAIN are the other top performers from this cohort of assets, while MORPHO, AAVE, and LTC have dropped the most. Meanwhile, ETH remains inches below $2,500, XRP is stuck at $1.50, and BNB is back above $700.

The total crypto market cap has added nearly $100 billion since yesterday and is up to $2.770 trillion on CG.

The post Bitcoin Dominance on the Rise Again as BTC Tapped 15-Week Peak Above $81K: Market Watch appeared first on CryptoPotato.

Source link

Source link

Bitcoin completed a remarkable turnaround in the past week, surging from under $65,000 on Wednesday to a three-month high above $81,000 earlier this morning.

The move began abruptly on August 19, accelerated in the following days, and, unlike the previous breakout attempts, was not halted painfully in its tracks. Obviously, something changed in the market, but the question is what precisely.

Who Lit the Fuse

The most talked-about reason behind the initial leg up was the US Treasury Department’s announcement last Wednesday that the government would at least double buybacks of longer-dated Treasury securities. This meant an increase in 10- to 30-year debt from $2 billion to at least $4 billion per operation.

At its core, the move was aimed at improving liquidity and easing pressure in the long end of the bond market, where borrowing costs had skyrocketed. Risk-on assets like BTC, alongside gold, reacted immediately with a surge from $64,000 to $70,000, while Treasury yields declined initially.

Here’s where this narrative breaks down. Long-term yields rebounded almost immediately, while BTC’s price rocketed by another $10,000-$11,000. According to analysts from the Kobeissi Letter, this suggested that investors were interpreting the Treasury intervention not merely as lower-yield support but as evidence of growing pressure surrounding the US’s fiscal policy.

As previously reported, US federal debt recently surpassed $40 trillion, while persistent deficits and massive refinancing requirements intensified uncertainty about how the government will manage the situation.

Debasement Trade Returns

The US dollar is the second macro piece in this equation. Treasury intervention pressured the greenback and revived Wall Street calls for the debasement trade: capital moving toward scarce assets, like BTC and gold, when investors fear that fiscal and monetary policies could gradually erode fiat purchasing power.

The precious metal exceeded $4,600 per ounce during bitcoin’s rally past $81,000. This synchronized move strengthened the argument that investors are treating both assets as alternatives to government-issued money.

Ray Dalio added fuel to that fire a few days ago, warning of a potential US debt crisis and recommending investors own gold and a ‘bit of bitcoin,’ while the dollar fell to a multi-month low.

Changes in Liquidity Expectations

The Treasury Department’s move led to another important change as markets are increasingly debating whether the government could use its enormous Treasury General Account more aggressively to support the bond market. The account recently stood at around $950 billion, and speculation that some of this liquidity could effectively be deployed through expanded Treasury operations has gained significant attention.

Although this is not quantitative easing, in fact, it’s very far away from it, if Treasury actions reduce pressure on long-term borrowing costs, weaken the dollar, or inject additional liquidity into financial markets, the broader environment becomes considerably more favorable for scarce and risk-sensitive assets such as BTC.

Who Amplified the Move

Appetite for BTC through the spot Bitcoin ETFs returned with vengeance last week as the figures showed a massive resurgence: almost $2 billion entered the funds in just five days, hitting a ten-month record. Expectedly, the demand accelerated after Wednesday.

Separately, the rapid move from under $65,000 to $70,000 first and $75,000 a day later forced heavily leveraged bearish trades to close positions. More than $4 billion in shorts were liquidated in less than two days, which helps explain the extreme nature of the reaction.

The Treasury announcement was the initial spark, followed by falling confidence in the dollar, which, alongside America’s fiscal trajectory, strengthened demand for scarce assets. ETF inflows added genuine spot demand, while short liquidations accelerated an already powerful surge.

The post Why Did Bitcoin Explode Past $81K? 4 Macro Factors Behind the Rally appeared first on CryptoPotato.

Source link

Anthropic will tell IPO investors it is chasing a market above $30 trillion, the Wall Street Journal reported Tuesday. That tops SpaceX’s $28.5 trillion pitch, the largest market claim in IPO history.

The Claude maker could file its prospectus before the end of August. Bankers have floated a raise above $100 billion at a valuation near $2 trillion. Both would be records.

A $30 Trillion Dream Sold on Future AI Work

A total addressable market (TAM) is the revenue a company could earn if it won every possible customer. Anthropic’s version counts the value of work AI models could one day perform, according to the WSJ report.

In plain terms, the pitch prices the automation of much of human labor. The dream carries the weight, because today’s sales sit nowhere near that scale.

The goalposts have moved fast as Saudi Aramco’s $25.6 billion raise in 2019 stood as the IPO record until June. Then SpaceX raised $85.7 billion while claiming a $28.5 trillion market, most of it tied to AI.

Now compare Anthropic’s claim with reality. The 191 technology companies in the S&P 1500 earned about $2.4 trillion last year. The pitched market is 12 times what the entire listed US tech sector brings in.

NYU professor Aswath Damodaran, widely known as the dean of valuation, said SpaceX’s AI math already pushed past the plausible.

Anthropic’s own forecast of up to $200 billion in revenue by 2028 would capture under 1% of the claimed market.

Anthropic IPO Rests on Record Revenue and Thin Profits

The growth is real, after Anthropic’s annualized $65 billion run rate at the end of July compared with roughly $9 billion in late 2025. That is a sevenfold jump in seven months.

Preliminary second-quarter revenue topped $11.5 billion, a 14-fold rise from a year earlier, according to figures first reported by Bloomberg. The quarter also produced positive adjusted operating income, reportedly a first among frontier AI labs.

However, the fine print matters. The numbers are unaudited and could be revised before the filing lands, per Bloomberg. Adjusted profit also typically strips out costs such as stock pay.

Heavy compute bills could push later quarters back into losses. Meanwhile, the private market’s $965 billion price from May would need to roughly double within months, on one adjusted-profit quarter.

That gap defines the offering. Investors would fund years of infrastructure spending long before sustained profits arrive, hoping the raise can top SpaceX’s record haul.

Political Backlash and Rising Yields Test the Timing

Venture investor Chamath Palihapitiya sees three threats to the AI buildout:

• A spreading anti-AI mood
• Political pushback against data centers, and
• Treasury yields at multi-year highs.

The pushback is no longer talk. Texas froze new data center projects in August pending state audits. Pennsylvania Governor Josh Shapiro signed an order ending their fast-track permits, and New York imposed a one-year moratorium.

Meanwhile, borrowing costs keep climbing. The Treasury boosted bond buybacks to hold down long-term yields, partly because heavy AI-linked debt issuance weighs on the market.

Anthropic knows the risk, which explains their reported plans to list negative sentiment toward AI as a risk factor in its own prospectus. The firm also leans on Amazon and Google for compute and holds no investment-grade credit rating.

The filing, which is likely due within days, will show how much of the $30 trillion story survives full disclosure. With OpenAI’s 2027 listing timeline trailing behind, Anthropic’s reception could shape every AI debut that follows.

The post $30 Trillion Dream: Can Anthropic Sell the Biggest IPO Ever? appeared first on BeInCrypto.

Source link

Source link

It was less than a week ago when we last wrote a major Ripple (XRP) update, and the landscape was entirely different. Not that the company behind the token hadn’t made some major moves, because it frequently does, but because the underlying asset was stuck at $1.00 and analysts were wondering whether that support would hold or we were in for another major leg down.

The environment is entirely different now, and we will take a look at what has taken place in the Ripple ecosystem over the past week, especially on the XRP price front.

FedNow, Gemini, XRPL

Multiple reports emerged online in the past few days that FedNow Payments has enabled payments through Ripple’s tokens after the company’s integration with Volante. FedNow is an instant payments rail in fiat USD that settles on central bank reserves, while Volante provides platform connectivity to the former for domestic payments in the US and to Ripple for cross-border services.

Separately, Gemini’s co-founder, Tyler Winklevoss, announced some “big news for the Ripple Army in Asia.” In a tweet from today, he said users of the cryptocurrency exchange he co-founded with his twin brother in Singapore can deposit and withdraw XRP through the native XRP Ledger network.

Speaking of XRPL, Ali Martinez cited data from Santiment and highlighted a major surge in activity. The number of active addresses skyrocketed by over 650% in the past several days, going from 47,180 to just over 356,000. The popular analyst concluded that such a major spike “typically signals a sharp increase in network participation and is often accompanied by higher price volatility.”

XRP ETFs Are Back, CEO Speaks Out

The major market shift is evident in institutional appetite as well. The spot XRP ETFs, which struggled for weeks with insignificant inflows, picked up the pace last week, especially after Wednesday. In total, they attracted almost $40 million in net inflows, which became the best weekly performance since May.

Moreover, the total cumulative flows hit a new all-time high of just over $1.55 billion, while Bitwise’s XRP fund extended its lead as the largest of the bunch.

Meanwhile, Ripple’s CEO Brad Garlinghouse spoke on Saturday for the first time after attending two major Washington meetings last week – the Crypto Summit at the White House hosted by the POTUS and CFTC’s Innovation Advisory Committee. He noted that the conclusion from both meetings is that all parties involved, including TradFi, want clear regulation on the crypto industry, which is likely to come from the highly anticipated CLARITY Act.

XRP Price Revival

As promised above, we will dedicate a major part of this update to the native token’s recent performance. Recall that it was less than seven days ago when the asset struggled to remain above the psychological $1.00 support and dipped below it on a few occasions as the overall sentiment had quickly deteriorated.

However, then came the Wednesday afternoon resurrection of the crypto market, led initially by BTC. Although XRP was a little late to the party, it eventually joined in full force. It skyrocketed from $1.00 to $1.70 by Saturday morning, posting a massive 70% surge in less than 72 hours.

Most of the ‘blame’ was put on whales, as on-chain data showed that they had accumulated roughly 400 million tokens in several days. However, XRP was quickly halted at $1.70 and is now back to around $1.50. Most analysts are now convinced that the asset has to reclaim the $1.65-$1.70 resistance before we can call it a bull phase again.

Popular trader CasiTrades doubled down earlier today on the importance of that level, indicating that it was “incredible to see XRP rally all the way back up to test the macro .618 resistance,” but admitted that it was met with “heavy resistance and instant rejection.”

“So now XRP needs to prove it can actually sustain this rally. We need [the] price to break above the macro 0.618 and then come back to successfully test that level as support. THAT is the structural shift that would signal beginning a new trend.”

The post Important Ripple News and XRP Price Update: August 25 appeared first on CryptoPotato.

Source link

President Donald Trump praised Space Force on Truth Social on Tuesday. SpaceX (SPCX) stock rose 2.79% the same morning. The two facts look connected, but are they?

SpaceX depends on Space Force contracts worth billions of dollars. That link led traders to ask whether a single post could move the stock.

Why Trump’s Post Put SpaceX Stock in the Spotlight

Trump said in a Truth Social post that the US Navy had cleared every mine from the Strait of Hormuz. He warned Iran against placing new ones. Then he named the agency that pays SpaceX billions.

“Through Space Force, we are watching every square inch of the Strait, as we are, also, with Pickaxe Mountain and the already destroyed three other Nuclear sites,” Donald Trump, President of the United States, in the statement.

The money trail behind that name is real, because in May, Space Systems Command gave SpaceX a $2.29 billion contract to build a military data network. In July, it added a $1.6 billion order for 18 Falcon 9 launches.

Trump’s words have moved defense stocks before. In December 2016, one Trump tweet about F-35 costs erased about $3.5 billion of Lockheed Martin’s value almost immediately.

Last month, CNN found Trump had praised stocks he owned in 21 companies on Truth Social.

Premarket Timing and Rival Catalysts Weaken the Link

The clock clears the post. Data shows SPCX was already up more than 1% in premarket trading. The post appeared mid-morning in New York, an hour after the open. The stock had also dropped 1.4% to $135 on Monday, so part of Tuesday’s gain may have been simple recovery.

A stronger catalyst was already public because a financial disclosure released on August 22 showed that Trump bought $15,001 to $50,000 worth of SPCX on June 23.

That was less than two weeks after the company’s $1.77 trillion initial public offering (IPO). The White House says independent institutions manage his portfolio.

Wall Street supplied another driver on Tuesday. JPMorgan repeated its $240 target, a call implying nearly 80% upside on the company’s artificial intelligence (AI) bets.

TipRanks data shows 33 analysts rate SPCX a Moderate Buy. Their average target is $228.59.

The contrast with 2016 is telling, as a Lockheed tweet named a company and threatened its biggest program.

Tuesday’s post named no company, no cost, and no contract. No analyst tied the gain to it.

SPCX gained 24% in August after reclaiming its IPO price earlier this month. Roughly 370 million insider shares unlock in September. That supply wave, not one presidential post, is the number for shareholders to watch.

The post Did Trump Just Move SpaceX Stock With One Truth Social Post? appeared first on BeInCrypto.

Source link

Copper futures settled at $6.71 per pound on Comex on Tuesday, the highest closing price in the metal’s history. The debasement trade is lifting metals and crypto together.

The trade describes investors rotating into scarce assets on bets that US debt management will erode the dollar. Gold, silver, and Bitcoin (BTC) are all climbing on the same fear.

Treasury Buybacks Revive the Debasement Trade

September copper futures ended the day at $6.71, up roughly 1.6%, according to Trading Economics. Market data firm Barchart had flagged the contract as on course for its strongest closing price in history during the session.

Supply strain explains part of the move, with reports indicating that London Metal Exchange stockpiles fell 14% since late July to 214,550 tonnes. Chile also trimmed its output forecast for a second straight quarter, and an outage at Indonesia’s giant Gresik smelter tightened the market further.

Those shortages powered copper’s record-breaking run earlier in August. The monetary backdrop has since taken over as the main driver.

The US Treasury last week doubled its maximum bond buyback size to at least $4 billion from $2 billion. Critics read the expanded buyback program as stealth easing that shifts pressure onto the currency.

The dollar index sits near three-month lows after its third losing week in four. Gold, meanwhile, traded around $4,666 an ounce and is tracking its best month since 1999. The metal has risen for five straight weeks, gaining more than 5% last week alone, while silver held near $69.

Deutsche Bank analyst Michael Hsueh sees room for a push to $4,800, which would extend gold’s three-month high.

“The government’s financial condition is at an inflection point,” Bridgewater Associates founder Ray Dalio indicated.

Follow us on X to get the latest news as it happens

Bitcoin Rides the Same Wave Toward $80,000

Bitcoin has moved in lockstep with the metals. BTC trades near $78,900, up about 0.23% in 24 hours, according to BeInCrypto Markets data.

The largest cryptocurrency briefly topped $81,000 earlier on Tuesday, its strongest level since May. Its 22% jump last week ranked as its sharpest three-day rally in years.

The Treasury announcement also caught bearish traders off guard. CoinGlass data showed more than $4 billion in short positions liquidated during the breakout.

Stephen Coltman, head of macro at asset manager 21Shares, told CNBC the buyback mattered more for its message than its size.

“The [signaling] effect was very powerful.”

Therefore, one policy decision now anchors three separate rallies. Copper adds a supply squeeze, gold adds central bank credibility fears, and Bitcoin adds a short squeeze on top.

Whether the run continues may depend on the dollar’s next move. Traders will watch upcoming Treasury buyback operations for any sign the pressure on the currency deepens or fades.

The post Copper Hits Highest Close in History as Debasement Trade Lifts Metals and Crypto Alike appeared first on BeInCrypto.

Source link