Tron(TRX) News: HTX Supports USDD 2.0 Upgrade, Enhancing Security and Stability

HTX has announced its support for the successful upgrade of the USDD 2.0 contract, marking a significant milestone for the decentralized stablecoin. This upgrade, now implemented on the TRON network, introduces enhanced security features, a more decentralized governance structure, and increased stability, particularly beneficial in volatile market conditions.

HTX Supports USDD 2.0 Upgrade, Enhancing Security

HTX has announced its support for the successful upgrade of the USDD 2.0 contract. The launch of USDD 2.0 marks a major milestone for the decentralized stablecoin, which has now been implemented on the TRON network. This upgrade is poised to bring several improvements, including enhanced security features, a more decentralized governance structure, and increased stability for users, especially in volatile market conditions. The upgrade to USDD 2.0 is a crucial step in the evolution of the USDD stablecoin. As the cryptocurrency market continues to experience price volatility, maintaining a stable 1:1 peg to the US dollar is essential for users.

Solana Stablecoin Market Cap Surpasses $10B Milestone

Solana, the second-largest blockchain by Total Value Locked (TVL), has seen its ecosystem grow exponentially, driven by a rapid increase in the market value of its stablecoins. Data from the decentralized finance (DeFi) analytics platform DefiLlama shows that the network’s stablecoin market cap had reached $10.7 billion at the time of writing. Previously, the highest collective value of all the stablecoins on Solana was about $6.259 billion, achieved in June 2022. Between December 2022 and January 2024, the metric stayed below the $2 billion level, as the blockchain’s biggest rival, Ethereum, enjoyed figures as high as $101 billion. In that period, Justin Sun’s TRON also registered a higher market cap for its stablecoins, going from $31 billion in June 2022 to nearly $50 billion at the beginning of 2024.

Top 10 Gainers in Crypto Market Today Jan 26, 2025

On Sunday, the global virtual currency market saw a mild upsurge, with a 0.54% rise in total market valuation. However, market volume declined by 29.43% to $80.28 billion. Most digital currencies experienced moderate price increases, with BTC and ETH up by 0.05% and 0.15% respectively. Other notable cryptocurrencies like XRP, Solana, BNB, and Cardano also saw gains, while TRON decreased by 1.21%. The top gainers included upcoming altcoins, with Dogecoin being the only top 10 cryptocurrency to appear on the list.