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Tag: Tron

  • You’ll Be Able to Not Watch ‘Tron: Ares’ From the Comfort of Your Own Home Next Week

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    Didn’t watch Tron: Ares in theaters last month? Well, count yourself among a lot of people, considering that the film turned out to be one of Disney’s biggest box office flops in a while. But there’s good(?) news: if you were simply waiting long enough to be disinterested in watching the latest (and potentially final, for a very long while) Tron movie at home, the time is nigh.

    This morning Disney confirmed that Tron: Ares would begin its home release next week, with a digital release set for the first week of December, followed by a physical release in early January 2026.

    As well as the film itself, the home releases will come with a raft of behind-the-scenes bonus content, including featurettes about the history of Tron, developing the film’s lightcycle sequences, and one that is described as a “personal journey with Jared Leto” looking at Ares‘ creation, fitting given that Leto played a hugely significant role in reviving Tron after a planned sequel to Tron: Legacy stalled out at Disney. Whether that was ultimately for better or worse? Still kinda TBD.

    Beyond the featurettes, the home releases will include a trio of deleted scenes from the film, including one simply credited as “Lisberger Cameo”—indicating that original Tron writer and director Steven Lisberger was going to make a cameo in the film at some point. Lisberger did make a brief appearance in Tron: Legacy as Shaddix, one of the bartenders at the End of the Line Club, so it’s a shame his continuation of that legacy, for want of a better word, didn’t continue in the theatrical cut of Ares. At least it’ll live on as a deleted scene!

    Here’s the full list of bonus features:

    Deleted Scenes:
    – Seth’s Date
    – Burning Man
    – Lisberger Cameo

    Featurettes:
    – The Journey To Tron: Ares: Go on a personal journey with Jared Leto, director Joachim Rønning and other cast and crew members for an in-depth making-of look showcasing the stunning visuals, incredible stunts, cool (but heavy) costumes, and next-level sets of Tron: Ares.
    – Lightcycles On The Loose: Join director Joachim Rønning as he peels back the layers of one of the most action-packed sequences in the film. Discover what ILM and the artists who grew up loving the franchise contributed, and what other iconic film the sequence pays homage to.
    – The Artistry Of Tron: Ares: Director Joachim Rønning and actor-producer Jared Leto sit down to discuss their journey creating Tron: Ares. The pair unpack key moments and the striking visual, sonic and artistic philosophies that drive the storytelling both in and out of the Grid.
    – Cast Conversations: Join the cast in candid conversations as they reflect on stepping into character, memorable on-set experiences, funny anecdotes and personal insights. Get a glimpse of the off-screen camaraderie that shines in their electric on-screen synergy.
    – The Legacy Of Tron: Decades after Tron first took the world by storm, and with Tron: Legacy in between, there’s loads of nostalgia to mine for Tron: Ares. Catch some clever easter eggs and noteworthy cameos as this enduring franchise continues to leave its mark.

    Tron: Ares releases digitally on December 2, with a Blu-ray and DVD release set for January 6, 2026.

    Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.

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    James Whitbrook

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  • All the Questions We Still Have After ‘Tron: Ares’

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    Tron: Ares ends with a couple of big questions about what could come next on the Grid and beyond. Unfortunately, the biggest of those after opening weekend is whether any of them will ever get answered. The film experienced a tepid opening, failing to outgross its 2010 predecessor, meaning the world of Tron may be officially dead. And yet it took almost three decades for a second Tron to come out and almost another two for the third one. Over the years, the franchise has shown an incredible ability to reboot, so let’s do that too.

    Below are 12 questions and some attempts at answers we have after seeing Tron: Ares. Major spoilers follow.

    Tron Ares Lightcycle Poster
    Image: Disney

    What does Ares want with Quorra?

    Tron: Ares ends with Ares (Jared Leto), now able to exist permanently in the real world, looking for the Iso named Quorra (Olivia Wilde), the digital being Sam Flynn (Garrett Hedlund) moved off the Grid at the end of Tron: Legacy. That Ares, created by Dillinger Corp., would want to find Quorra, created naturally in the Grid, makes sense. He certainly has a lot of questions she could potentially answer. But what does he think will happen beyond that? Is there a method to his madness? And also…

    What have Sam and Quorra been up to?

    While Tron: Legacy ended with some big questions about what it meant for a digital being to now exist in the real world, Tron: Ares largely pushes those events to the side. We learn that Sam Flynn did take over Encom for a while before leaving for personal reasons. And, we see that there were at least discussions or rumors about Quorra in the press. But what have they been up to in the 15 years since that film? What did Sam do at Encom when he was there? We don’t know.

    Why did Sam Flynn leave Encom?

    An offshoot of the last question is the specific nature of Sam’s leaving Encom. Did he have a new project planned with Quorra? Did he reconnect with a digital version of his father? You almost get the sense that whatever story is happening with Sam and Quorra off-screen is just, kind of, whatever that original version of Tron 3, Tron: Ascension, may have been. Speaking of…

    Could Tron 4 use elements of Tron: Ascension?

    Last week, we spoke to Tron: Ares writer Jesse Wigutow, who also worked extensively on Tron: Ascension before it was shelved. Since Tron: Ascension focused on Sam and Quorra’s journey and presumably was a pretty good script after years of development, we asked about that. “That’s a great question,” he said. “I don’t know that I have thought about it quite in that way, other than the fact that Ascension…. I don’t know, is the answer. We’ll find out if there’s an opportunity or a conversation around doing another one of these at one point. It’s kind of above my pay grade. But I do think it’s an exciting idea anyway, potentially, that Ares and Quorra find each other.”

    Tron Ares Evan Peters
    Evan Peters as Julian Dillinger in Tron: Ares – Disney

    What is happening with Julian Dillinger?

    To avoid prosecution and almost certainly prison time, at the end of Tron: Ares, Julian Dillinger sends himself to the Grid. There, we see that he sort of starts to become Sark, the digital double of his grandfather, Ed Dillinger Sr., from the original film. How is that happening? Why is that happening? And if Julian does become Sark and works to gain control of the Dillinger Grid, what kind of damage will he do? We, of course, can’t answer any of those, but they’re fun to think about.

    Where the hell is Tron?

    One major character that’s not a part of Tron: Ares is Tron himself, the original hero program from the first film. We asked Wigutow about his absence from the movie. “I think there was a conversation at one point [about bringing him back],” Wigutow said. “At a certain point in the development, it just wanted to make this its own thing. And it wasn’t that there was a choice to say, ‘We don’t need Tron.’ There just wasn’t a role in this story that was obvious. And to kind of shoehorn it in felt, I don’t know, like it wasn’t necessary.”

    Then why is it called Tron?

    Simple. Most people know Tron as a movie, not as a character in that movie or a game that exists in the world of the movie. You kind of have to call it that for the name recognition.

    Is Athena really gone?

    Athena, played by Jodie Turner-Smith, is clearly one of the best parts of Tron: Ares. But, when Encom hacks and destroys the Dillinger grid while she’s still in the real world, it seems as if she has nowhere to go and dies for real. Could she really have been permanently deleted? It’s certainly possible. But, with the Permanence Code now out there, you do have to think she might find a way to get revenge on Ares at some point.

    Tron Ares Jeff Bridges
    Jeff Bridges is back in Tron: Ares. – Disney

    What exactly was that version of Kevin Flynn?

    To acquire the Permanence Code, Ares goes into an old copy of the Grid from the original film. There, he encounters Kevin Flynn. But not any Kevin Flynn. An older Kevin Flynn. This Flynn makes it clear you can’t jump between Grids without going into the real world, so is this a Flynn that existed here since the 1980s? Does he have any knowledge of Clu, Sam, and everything in Legacy? We aren’t sure and, frankly, are a little mad it’s left so vague.

    What, exactly, is Ares?

    If you are a computer program that is given a code that lets you exist in the real world, what exactly are you? Do you have human organs? Are you just wires? We asked Wigutow what he thinks Ares actually is now that he’s in the real world. “I think that there is this kind of unspoken, natural resource that’s probably quite valuable that is fueling those lasers,” he said. “And there’s something about the kind of genetic binding that can’t live beyond the time limit that we put on it, that the Permanence Code then makes binding. So in a way, if you were to kind of slice them in half and do a diagnostic or autopsy, yeah, I’d like to believe that you would find human biology. But I don’t know that that’s the correct answer.”

    Are the endings of Legacy and Ares similar on purpose?

    And so in the end, our hero brings the digital being off the Grid to live like a human in the real world. It’s the ending of Tron: Legacy as well as Tron: Ares. Was that done on purpose? “It’s part of the kind of genetic mapping of the franchise,” Wigutow said. “I love the kind of ellipsis that the movie leaves itself off on. [Ares] is out there. He’s learning. He’s growing. He’s developing. And who knows where we may find him next and what he looks like and what, you know, what he’s grown into?” So, it wasn’t done on purpose; it just made sense.

    Where is Cillian Murphy in all this?

    You may have forgotten, but in Tron: Legacy, the Dillinger family was represented by Ed Dillinger Jr., played by eventual Oscar winner Cillian Murphy. Ed Jr. was the son of the villainous character from the first movie and was planned to have a larger role if a sequel had happened closer to the previous movie. Murphy got a little too big for a bit part by the time Ares was released so he’s not here. But Julian Dillinger is Ed Sr.’s grandson. So, either he’s Ed Jr.’s son, or Ed Jr. is his uncle. We don’t know. But we can safely assume he’s out there.

    What other questions do you have about Tron: Ares? Let us know below.

    Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.

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    Germain Lussier

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  • Open Channel: Tell Us Your Thoughts on ‘Tron: Ares’

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    Disney’s got a lot of IP it doesn’t always know what to do with, and Tron has to be high up on that list. After 15 years, the company delivered a sequel to the cult classic Tron: Legacy in the form of Tron: Ares, a third installment that for a long time seemed more like a pipe dream until fairly recently.

    To say franchise fans and general moviegoers have been placed in an awkward spot with Ares might undersell it. On one hand, the film’s marketing makes it look like a solid-looking cyber-adventure backed by a rad score courtesy of Nine Inch Nails, who Disney’s been sure to promote as part of this almost as much as the film itself. On the other hand, the titular Ares is played by one Jared Leto, who folks have…mixed feelings about, let’s say, either as an actor or a person more generally.

    And speaking of mixed feelings, that sure describes the reception to Tron: Ares itself, yeah? Some love it, some detest it, others think it basically gets the job done. Tron’s never been a super popular franchise, but the reactions to this new one aren’t abnormal for the series, and there’s been consensus reached on some things, like its visuals and Greta Lee doing a lot with a little as Eve Kim. (And the soundtrack being great, but you already knew that.)

    Time will tell if Tron: Ares gets a warmer reception after its initial release, but until then? Let us know what you thought about the film in the comments below.

    Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.

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    Justin Carter

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  • ‘Tron: Ares’ Wants to Gaslight You About the Future of AI

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    Ares, named after the Greek god of war, was built to be an AI super-soldier. Then he found out about Frankenstein, started listening to Depeche Mode, and realized the tech bro who made him might be a hack. So he takes matters into his own hands on a quest for freedom from his suicide mission. I wish I were joking, but I’m not. That’s the premise of Tron: Ares.

    AI bots awakening to the realities of human messiness are a trope almost as old as movies themselves. Even Metropolis’ metallic maschinenmensch questioned her creators, and that was 1927. In the decades since, most sci-fi involving AI has reinforced the idea that giving computers people-like intelligence ends poorly for people themselves. Skynet takes over. Scarlett Johansson’s disembodied voice never really loved you. I’m sorry, Dave.

    Tron: Ares’ take is hotter: What if AI-powered machines evolved into benevolent loners? (Be warned: There are spoilers ahead.) Tech CEO Julian Dillinger (Evan Peters), grandson of original Tron villain Ed Dillinger, has created artificially intelligent soldiers (and tanks and such) to secure military contracts. The soldiers are hard to kill, but, as he says, they’re “expendable.” He can just build more. Ares (Jared Leto) leads these bots but after a few days of taking orders from his petulant boss decides to go rogue.

    There’s just one problem: Dillinger’s droids aren’t perfect. All of his creations fall apart after 29 minutes. What he needs is a MacGuffin called the Permanence Code, which was (surprise!) actually developed by original Tron hero Kevin Flynn forever ago. When Eve Kim (Greta Lee), now the head of Flynn’s old company Encon, finds the code on an old floppy disk, Dillinger sends Ares to retrieve it. But when Ares finds her, all Ares really wants is to keep the code for himself so that he can be a normal dude, not destroy things, and maybe make a friend.

    Once more, for those unclear on Tron: Ares’ message: The AI droid, made specifically to win on the battlefield, has gained sentience and gotten a little sentimental. Like all AI creations in sci-fi, Ares wants to be free. But unlike nearly all of them, Ares doesn’t want to end humanity to do it. Maybe he heard Mark Zuckerberg talking about AI filling the gaps in people’s social circles and found his calling.

    For years sci-fi has been warning that thinking machines will eventually turn on their makers. In 2025, we no longer have to imagine what that technology would look like. Almost anyone can have an AI chatbot in their pocket, and everyone who makes those chatbots is promising they’re going to improve life on Earth, despite the environmental, economic, and mental health issues they raise. But Tron: Ares’ main takeaway seems to be that fears about AI are unfounded. They’ll probably just be super chill.

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    Angela Watercutter

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  • This Retro Trailer Shows the Love ‘Tron: Ares’ Has for the ’80s

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    Jared Leto visits a very familiar-looking Grid in this new trailer for the film, out Friday.

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    Germain Lussier

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  • Cardano Founder Says Chainlink Quoted Them An ‘Absurd Price’, Here’s Why

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    Cardano’s founder, Charles Hoskinson, has clarified why the blockchain platform was excluded from a prominent US government initiative meant to publish official economic data on public blockchains. Blockchain networks like Ethereum, Solana, Avalanche, and Optimism made the cut; Cardano didn’t. Hoskinson revealed during a YouTube AMA that the reason wasn’t technical or regulatory, but it was grounded in economics. Specifically, he said the integration fee quoted by Oracle specialist Chainlink was absurd, which made Cardano’s participation really unfeasible.

    Chainlink’s Absurd Fee

    As one of the biggest blockchain ecosystems, Cardano’s inability to participate in the US government’s recent blockchain initiative to bring macroeconomic data onto the blockchain took many crypto participants by surprise. However, while speaking at a recent surprise AMA on his YouTube channel, Cardano founder Charles Hoskinson says the reason boils down to money. 

    Related Reading

    According to Hoskinson, the main reason was due to its pending partnership with Chainlink’s oracle integration, which is yet to be finalised because of the absurd fee charged by Chainlink. Hoskinson did not shy away from strong language: “They gave us an absurd number for integration. I said ‘f– it, we’ll handle it. We’ll figure it out,’” he said.

    Despite the frustration, he tempered his critique with respect. He described Chainlink co-founder Sergey Nazarov as “extremely smart” and “a very good businessman”, someone who “sees the future” and, in Hoskinson’s words, is “sitting on a golden egg”. 

    Chainlink’s oracle solutions are very important for connecting smart contracts to real-world data. As such, Hoskinson’s metaphor acknowledges Chainlink’s powerful position in the blockchain ecosystem. 

    How It Stalls Cardano’s DeFi Growth

    Without a cost-effective oracle integration, Cardano’s decentralized finance landscape has struggled to keep pace with other blockchain ecosystems. To put this into perspective, Ethereum’s integration with Chainlink has allowed large inflows into its DeFi ecosystem, with about $13.4 billion in Total Value Locked (TVL) added from between August 2 ($78.222 billion) and August 31 ($91.595 billion), according to data from DeFiLlama.

    Related Reading

    Meanwhile, Cardano’s TVL broke below $400 million in August, and daily active addresses have also fallen massively. At the time of writing, Cardano’s TVL is sitting at $367.91 million. The result is a disconnect between Cardano’s on-chain activity and ADA’s price action, which witnessed a steady increase in August alongside the rest of the crypto market.

    Nonetheless, Hoskinson is still optimistic. Talks with Chainlink are ongoing, and he’s determined to find common ground with Chainlink. He also revealed discussions with the team behind the USD1 stablecoin and hinted at potential collaboration with Aave, which he described as part of a bundle. If USD1 (already launched on Ethereum, BNB, and Tron) comes to Cardano, it could become the ecosystem’s largest stablecoin. Combine that with oracle access and lending support from Chainlink, and Cardano could strengthen its DeFi foundations significantly.

    At the time of writing, Cardano is trading at $0.8307, up by 1.1% in the past 24 hours.

    ADA trading at $0.83 on the 1D chart | Source: ADAUSDT on Tradingview.com

    Featured image from Adobe Stock, chart from Tradingview.com

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    Scott Matherson

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  • The First ‘Tron’ Movies are Finally Getting Modern Releases

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    If Tron: Ares has you wanting to watch the first two movies again, you’re in luck: they’re getting new and improved versions on September 16.

    During its Destination 23 showcase, Disney announced full remasters of the original Tron and its 2010 sequel Legacy are coming to Ultra 4K HD and digital. (It’s been a long time since either had physical versions, the last edition was a two-movie Blu-Ray bundle back in 2014.) Physical versions of the two films will come with fancy new steelbook editions seen below and are expected to have the special features at the time of their respective DVD releases back in the day. At time of writing, there’s no word on a price point, and it seems Disney’s got no inclination to re-releasing either film in theaters ahead of October’s Tron: Ares.

    Speaking of Ares, Disney also used its Destination showcase to reveal Nine Inch Nails’ music from the film will be used in the Tron Lightcycle Attractions at Walt Disney World Resort and Shanghai World Resort, beginning September 15 and 16, respectively. The score and red overlay seen throughout Ares’ marketing will be featured at the attractions for a “limited time.” There’s also a new promo for Ares hyping up its titular hero and the incoming invasion of digital beings to the human world he’ll play a key role in.

    Pre-orders for the Tron and Legacy steelbooks aren’t up yet at time of writing, but should be soon. Meanwhile, Tron: Ares hits theaters October 10.

    Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.

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    Justin Carter

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  • Important Binance Announcement Concerning Tron (TRX) Holders: Details

    Important Binance Announcement Concerning Tron (TRX) Holders: Details

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    TL;DR

    • Binance will pause deposits and withdrawals on the Tron Network on October 10 for scheduled maintenance.
    • TRX is up 60% this year, with most holders in profit.

    Announcement for TRX Traders

    The world’s largest crypto exchange will perform wallet maintenance for the Tron Network on October 10. The effort is supposed to take approximately one hour, during which TRX deposits and withdrawals will be unavailable. Binance assured that services will be resumed once the process is wrapped up:

    The trading of token(s) on the aforementioned network will not be impacted. Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the network is deemed to be stable.”

    It also said there will be no further announcement on the matter, meaning users should take any information they came across on the Internet with a grain of salt. 

    The company conducted multiple similar initiatives this year. In September, it performed wallet maintenance for BNB Smart Chain (BEP20), temporarily halting deposits and withdrawals on the network. Prior to that, it briefly ceased some services with TON due to carrying out an upgrade on The Open Network.

    TRX’s Impressive Performance This Year

    Tron’s native token has experienced a rapid price increase in the past several months and is up 60% year-to-date (YTD). Moreover, it hit a three-year high of almost $0.17 at the end of August before slightly retracing to its current $0.16 (per CoinGecko’s data).

    TRX Price
    TRX Price, Source: CoinGecko

    TRX is among the most-profitable cryptocurrencies for holders. According to IntoTheBlock, nearly 99% of its total investors are currently sitting on some paper profits. A little over 1% are break even, while nobody is underwater.

    Additionally, Tron’s ecosystem witnessed a general resurgence, with thousands of meme coins launched on SunPump (a platform associated with Justin Sun that enables users to create memes in minutes). The largest such tokens in terms of market capitalization are Sundog (SUNDOG) and Tron Bull (BULL). 

    Earlier this summer, they experienced a substantial rally. However, SUNDOG and BULL have lost momentum in the past several weeks and are currently trading far below their peaks. 

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    Dimitar Dzhondzhorov

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  • Is This Why Tron (TRX) Tapped 3-Year Peak Above $0.165?

    Is This Why Tron (TRX) Tapped 3-Year Peak Above $0.165?

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    Tron is currently seeing historic levels of trader interest on the backdrop of a newly launched meme coin deployer and price pump.

    According to Santiment, TRX has emerged as the top trending asset in the crypto market, fueled by the debut of – SunPump – on August 12th.

    Tron’s Meme Coin Boom

    Since the launch, over 7,000 new coins have been created, helping to fuel the interest in the blockchain’s native token. As a result, TRX’s market price soared by 22%, which briefly neared $0.17. This surge has sparked long-term optimism, with analysts predicting mid-term bullish momentum despite short-term volatility, as per Santiment’s latest analysis.

    The spike in Tron network activity, particularly in meme coin launches, has led to increased TRX burns, reflecting heightened demand and a shrinking supply. The platform’s growing status as a hub for meme coins, exemplified by the popularity of tokens like SUNDOG, has drawn parallels to past meme seasons that saw massive price rallies.

    Additionally, ongoing developments and partnerships, including collaborations with hedge funds, are expected to boost visibility and trading volume for Tron-based tokens. Santiment also pointed out that Tron founder Justin Sun’s influence and reputation further boost investor confidence, driving the project’s potential for growth.

    SunPump Growth Trajectory

    Data compiled by Dune Analytics revealed that SunPump has generated over $1.14 million in revenue since its launch. On August 20, Sun shared on X that the platform went offline due to overwhelming traffic, prompting developers to scale up their operations to restore service quickly. The platform was back online within an hour.

    That same day, SunPump recorded its highest revenue yet, earning nearly 2.78 million TRX.

    Despite the backlash of meme coin resurgence this year and the subsequent scams and rug pulls, Sun remains optimistic on meme coins and said that he believes the success of these tokens “isn’t by chance.”

    “When every dev can build a community through a fair launch, gain everyone’s support, and foster enthusiasm and loyalty, the community can share in the success of the cryptocurrency. Who would still pay for tokens with absurd valuations pumped up by VCs to billions of USD? Even the smallest growth of a meme token brings joy and satisfaction to everyone because, with a community and decentralization, you have everything.”

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    Chayanika Deka

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  • Tron Network Outpaces Ethereum in Revenue Over the Past 90 Days

    Tron Network Outpaces Ethereum in Revenue Over the Past 90 Days

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    According to recent data from Token Terminal, the Tron network has overtaken Ethereum in terms of revenue generation.

    Over the past 90 days, the blockchain network has accrued approximately $435 million in fees, outpacing Ethereum’s $364 million.

    Tron’s Revenue Surpasses Ethereum by 50%

    Tron’s founder, Justin Sun, took to X on August 15 to highlight this achievement, stating that in the last 30 days, Tron’s protocol revenue exceeded Ethereum’s by 50%.

    He also projected that if the current trend continues, Tron’s protocol revenue could surpass $2 billion by the end of 2024, making it “the most profitable blockchain on Earth.”

    In response to an inquiry from his original post, Sun clarified that 100% of its revenue is distributed to TRX holders.

    In addition to this revenue growth, the network recorded $1.25 trillion in USDT settlement volumes in the second quarter of 2024. According to Token Terminal, this represents nearly a third of Visa’s annual settlement figures.

    A major contributor to Tron’s revenue growth is its dominance in the stablecoin market, particularly with Tether (USDT). Currently, half of all USDT in circulation operates on the network.

    Given that USDT represents about 70% of the entire stablecoin market, this concentration is a major revenue driver for it.

    Upcoming Innovations

    Meanwhile, Tron will be introducing a new feature by the end of the year that could further boost its market position. The network is developing a solution that will allow users to pay transaction fees with stablecoins, such as USDT, eliminating the need to hold TRX for transfers.

    Sun believes this will simplify blockchain transactions, particularly for large companies, and could drive broader adoption of blockchain technology.

    This feature is expected to launch first on the Tron network, with plans to expand to Ethereum and other Ethereum Virtual Machine (EVM)-compatible chains.

    Despite Tron’s revenue figures, the network faces challenges in other key metrics. According to data from DefiLlama, the blockchain platform’s total value locked (TVL) fell to a six-month low of approximately $7.6 billion in June 2024.

    Although there was a moderate recovery in July, with TVL rising to $8.7 billion, it has since returned to around $7.4 billion.

    Interestingly, this decline in TVL coincided with a significant rise in the price of TRX, which saw a 9.5% gain in June 2024.

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    Wayne Jones

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  • Disney Made It More Difficult to Ride What You Want, Just in Time for Tiana’s Bayou Adventure

    Disney Made It More Difficult to Ride What You Want, Just in Time for Tiana’s Bayou Adventure

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    If you’re going down the bayou to ride Walt Disney World’s Tiana’s Bayou Adventure, there’s a few things you need to know to make sure you’ll be able to experience the Magic Kingdom’s newest exciting attraction. It won’t have a traditional “wake up early and rush to the line” queue, but rather an online virtual queue you’ll have to wake up early to enter on the MyDisneyExperience app (with a second shot in the afternoon)—or as a pay-as-you go Lightning Lane, which has replaced Genie+ just in time for the in-demand ride’s opening.

    When Does Tiana’s Bayou Adventure open?

    Disney’s Orlando theme park has officially opened the long-needed replacement for the dated and problematic Splash Mountain with a property that fans love. The Princess and the Frog universe expands with a continuation in ride form following Tiana’s adventures through the swampy, magical land of New Orleans with the bones of Disney World’s iconic log flume ride. Soft previews in the past few weeks and first-day reactions are flooding the internet with praise celebrating the incredible animatronic work, sets, and music with Disney Animation’s original cast—including Tiana herself, Anika Noni Rose, singing the ride’s finale song. So if you’re heading to Disney World this summer, it’s not to be missed if you want to keep cool on a water ride and see Princess Tiana’s fairytale continue before her Disney+ animated series Tiana arrives.

    Image: Sabina Graves/Gizmodo

    How to Ride Tiana’s Bayou Adventure

    Here’s the spice: in order to ride without any additional costs beyond park admission, make sure you have the MyDisneyExperience app downloaded before your trip. On the app, ensure that your entire party’s tickets are saved under the trip planner’s profile (pick the most tech-savvy person in your group to handle this)—but multiple people can try to book on the Virtual Queue for the entire group at the same time; you just have to make sure they select all party guests for your boarding group lottery.

    Walt Disney World’s Virtual Queue is available twice a day, once at 7 a.m.(which can be done at your leisure from anywhere on property) and then at 1 p.m.—the catch at Magic Kingdom is that TRON Lightcycle/Run currently still only has virtual boarding groups, so you have to choose between Tiana and Tron. If you want to do both, you can try for Tiana in the morning but not get it, and then have a hard choice at 1 p.m. to try to secure the free boarding group pass for Tiana’s again (not guaranteed) or Tron (also not guaranteed). It’s worth noting that in order to try for a second time at 1 p.m., your party has to be inside of Magic Kingdom to be eligible—and you can only hold a boarding group once per day during the park’s operating hours.

    It feels tricky—it is tricky!—but there’s another way to make sure you’ll get to ride Tiana’s Bayou Adventure and Tron, or any high demand ride like Guardians of the Galaxy: Cosmic Rewind which is restricted to the Virtual Queue and does not have standby lines currently available.

    What is the new Lighting Lane option at Walt Disney World?

    Genie+ is gone! Poof! Disney Experiences’ pay-as-you-go option has streamlined the process by rebranding as simply Lightning Lane, the line that used to contain the free fastpass (RIP to that feature). It’s had multiple names since becoming a financial add-on at both Disney World and Disneyland but will now be known as Lightning Lane, broken down into Lightning Lane Multi Pass (a three-ride package) or Lightning Lane Single Pass for an individual ride.

    Purchasing a Lightning Lane Multi Pass allows you to make up to three Lightning Lane selections in a theme park. If you’re staying at a Disney hotel or a participating neighbor hotel, you will be able to access this up to seven days before your trip to make selections, and you’ll be able choose available times as you make your ride choices. If you’re purchasing the Multi Pass the day of your visit, your selections will vary on availability. Your three ride selections will come from three levels: one from rides that have the highest demands like an E-ticket new attraction (think Tiana or Tron), and two that will be lower in demand level (think classics, i.e. Haunted Mansion). The cost of a Lightning Lane Multi Pass will vary depending on when you go, scaled between peak vacation days and the off-season.

    If you only want to secure a single new Lightning Lane for Tiana’s Bayou Adventure or other in-demand rides or attractions, the same booking rules apply—and day of availability will vary, with the stipulation that you’ll only be able to buy into two single Lightning Lane options for your party.

    This is what the options look like on Day 1 in the afternoon at Walt Disney World.

    Image for article titled Disney Made It More Difficult to Ride What You Want, Just in Time for Tiana’s Bayou Adventure

    Image: Sabina Graves/Gizmodo

    Don’t miss out on Tiana’s Bayou Adventure by not being in the know—and make sure you plan your Disney World vacation with the above in mind. And if you miss out or have a Disneyland trip planned this year instead, Tiana’s Bayou Adventure will also open on the West Coast soon in Walt Disney’s original park in Anaheim, CA.


    Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.

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    Sabina Graves

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  • Tether on TRON Network Surpasses Visa’s Average Daily Volume Hitting $53B

    Tether on TRON Network Surpasses Visa’s Average Daily Volume Hitting $53B

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    The 24-hour trading volume of Tether (USDT) reached $53 billion on the TRON network, surpassing payment giant Visa’s average daily trading volume of $42 billion for Q1, 2024.

    This comparison is particularly important given Visa’s stature as one of the world’s largest payment processors, managing billions of transactions across more than 200 countries and regions.

    USDT on TRON Outpaces Visa’s Daily Trading Volume

    The rapid growth in the value and usage of TRON-based USDT is highlighted in the latest statistics by Lookonchain’s latest tweet, which read,

    “The 24-hour trading volume of $USDT on #TronNetwork is $53B, exceeding Visa’s average daily trading volume. Visa’s trading volume in Q1 2024 was $3.78T and the average daily trading volume was $42B.”

    It is important to note that USDT on the TRON network recorded over 45.5 million holders, according to the data from TronScan, which also revealed a total transfer count exceeding 1.8 billion during the same period. Interestingly, the top ten holders of USDT on TRON possess 27.69% of the total supply on the network, holding 16.56 billion USDT.

    The latest development reflects a broader trend of increased demand for stablecoins such as USDT amidst a downturn in the crypto market.

    Meanwhile, the USDT transaction volume on the TRON network has been steadily rising since January 2023. Averaging around two million transactions almost daily since February, this uptrend has continued into 2024 as well.

    For instance, TRIN’s weekly volume for USDT hit a whopping $110 billion in the first week of April alone. This figure was double the amount settled on rival blockchain giant Ethereum, thereby highlighting investor inclination towards TRON.

    Tether’s aUSDT, a Gold-Backed Stablecoin

    On June 17, Tether CEO Paolo Ardoino introduced aUSDT, a new synthetic dollar backed by Tether’s gold-backed digital asset XAUt. This move was lauded by industry analyst and stock-to-flow model creator Willi Woo, who called it a “genius business idea” by the stablecoin issuer.

    As explained by Ardoino, while USDT currently earns returns on U.S. Treasury Bills, the new stablecoin will benefit from gold gains.

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  • Superman and Fantastic Four Lead 2025’s Amazing IMAX Slate

    Superman and Fantastic Four Lead 2025’s Amazing IMAX Slate

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    This year is already off to a very good start at the movies but 2025 is looking even bigger, in more ways than one. Fresh off the huge success of last year’s Oppenheimer and this year’s Dune: Part Two, IMAX just revealed 14 titles in 2025 that will not only be released in IMAX, but are being filmed specifically for the format.

    The list, so far, is as follows:

    • Captain America: Brave New World – February 15, 2025
    • Untitled Ryan Coogler/Michael B. Jordan – March 7, 2025
    • Thunderbolts – May 2, 2025
    • Flowervale Street – May 16, 2025
    • Mission: Impossible 8 – May 23, 2025
    • How To Train Your Dragon – June 13, 2025
    • Untitled Formula One – June 27, 2025
    • Superman – July 11, 2025
    • The Fantastic Four – July 25, 2025
    • Mercy – August 15, 2025
    • The Bride! – October 3, 2025
    • Tron: Ares – October 10, 2025
    • Blade – November 7, 2025
    • Chinese New Year, title TBC – January 29, 2025

    Of course, as these films are all so far out, release dates are subject to change and there will probably be more films using IMAX cameras in the coming months. (Also, why isn’t Avatar 3 on this list? Did Cameron not use IMAX cameras? What about Gareth Edwards and Jurassic World?)

    Now, for real film nerds, you all have one question right now. Since all of these films are being “filmed in IMAX,” will they just be released in normal, bigger, 1.9:1 IMAX? Or will any of them be full-frame, Christopher Nolan/Denis Villeneuve 1.43:1 IMAX? io9 reached out to IMAX for clarity and was told since most of these films are still in production, they couldn’t confirm what each film is using or what format each will be released in. It’s simply too early to be sure.

    But let’s have some fun and guess anyway.

    As none of the Marvel movies have ever gone 1.43, you can probably cross all those off the list. Same for the other Disney movie, Tron. Coogler/Jordan is rumored to be a period vampire movie, which sounds amazing, but maybe not “1.43 IMAX” amazing. Flowervale Street is rumored to be about dinosaurs and David Robert Mitchell is an exciting filmmaker, but I’m still thinking “No” there. Mission: Impossible 8 is a real possibility since the format has been used in the franchise, plus this is rumored to be the end of the saga so it would be a nice boost. I doubt How to Train Your Dragon would as it’s a family film but, you never know. The Joseph Kosinski-Brad Pitt Formula One movie, with its rumored $300 million budget, feels like the most obvious one to use the 1.43 aspect ratio, followed closely by James Gunn’s Superman. That would set an exciting precedent for the start of the DC Universe, if true. Mercy is an Amazon movie so, probably not that, and then there’s The Bride!, which we’re of course excited about but seems a bit more personal than epic. But again, that’s all just speculation.

    No matter what the case though, even if none of the films go the full Nolan, just filming for IMAX does give the screen a significant jump in size, not to mention the incredible sound. Out of all of the premium formats out there, it’s certainly my favorite, and one of the most profitable for studios too.

    Head to the Hollywood Reporter for more on these 2025 IMAX releases.


    Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.

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    Germain Lussier

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  • USDT Transaction Volume Soars on TRON DAO, Hits 2 Million Daily

    USDT Transaction Volume Soars on TRON DAO, Hits 2 Million Daily

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    There has been a remarkable surge in USDT transactions within the TRON ecosystem via TronDAO, showing a substantial increase since early February, now averaging over two million transactions daily.

    According to the latest data compiled by IntotheBlock, the surge brings the transaction volume close to the peak observed in January 2023.

    USDT Transaction Volume Soars on TRON DAO

    For the uninitiated, TRON DAO is a decentralized autonomous organization connected to a blockchain ecosystem. USDT, complying with the TRC-20 token standard on TRON, allows transfers using various non-custodial wallets like TronLink, Trust Wallet, and MetaMask.

    TRON’s popularity for stablecoin transfers, particularly with USDT TRC-20 tokens, stems from its scalability advantage over Ethereum, resulting in comparatively lower on-chain fees.

    With its higher throughput capacity, the TRON network supports intensive projects without the significant “gas” requirements associated with Ethereum, making it an increasingly favored platform for such transactions.

    However, Tether, being a controversial entity in the eyes of several law enforcement agencies, has also brought its stablecoin, USDT, under scrutiny.

    Recent reports, including a United Nations study earlier this year, suggest a rising trend of money laundering and fraudulent activities in Southeast Asia utilizing USDT for payments and fund transfers, particularly via its TRC-20 protocol.

    However, Justin Sun and TRON DAO have refuted these allegations, with the latter stating active collaboration with on-chain forensic partners to share transaction-related information and dismiss such claims.

    USDT Expansion

    Despite the intense scrutiny and backlash, USDT has grown significantly in tandem with market recovery. The stablecoin broke above a milestone of $100 billion market cap earlier this month.

    In terms of expansion, Tether recently announced the launch of USDT on the Celo blockchain, making it the 15 network to accommodate the leading stablecoin, after Ethereum, TRON, Polygon, Avalanche, and Algorand, among others.

    Meanwhile, Tether has intensified its efforts to focus on artificial intelligence (AI) this year. Key areas of focus include the development of open-source, multimodal AI products to establish new industry benchmarks. Additionally, the crypto firm intends to collaborate with various entities to integrate AI solutions into market-oriented products, addressing real-world challenges.

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  • Tether minted another $1b USDT on Tron, here’s why

    Tether minted another $1b USDT on Tron, here’s why

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    Stablecoin operator Tether again minted a trove of USDT tokens on Tron’s network, but there’s a catch: the coins aren’t yet available for swaps or transactions. 

    According to LookOnChain, Tether has minted $13 billion in new USDT tokens on Ethereum and Tron blockchains since October last year. The latest addition to Justin Sun’s Tron decentralized network is $1 billion in USDT.

    While the tokens have been minted, on-chain data showed that the USDT added to Tron on Jan. 29 has not been issued yet. This means that the massive mint was intended for future purposes, as confirmed by Tether CEO Paolo Ardoino.

    Ardoino’s clarification, however, has not dispelled speculation that Tether’s mint may foreshadow price increases across a swathe of cryptocurrencies. An uptick in the creation of new USDT is usually tied with bullish sentiment and is sometimes employed as an indicator to signal rising demand. 

    Tether’s total market capitalization, a staggering $96 billion at press time, has been in an uptrend since January last year following multiple marquee crypto bankruptcies and collapses like Terraform, Three Arrows Capital, and FTX.

    USDT market cap | Source: CoinGecko

    In those 12 months, USDT’s cap map grew by nearly $30 billion and solidified its position as the dominant stablecoin on the market, but former Bitmex CEO Arthur Hayes believes legacy financial institutions could challenge this trend.

    During an interview, Hayes said banks like JPMorgan are positioned to overtake Tether and rivals like Circle if and when regulators permit fiat-backed stablecoin issuance.

    Hayes did not surmise when this shift might occur but the 2024 U.S. presidential election may be pivotal in shaping America’s whole-of-government approach to blockchain adoption and crypto assets. Galaxy Digital CEO Mike Novogratz said crypto regulations before an election outcome are unlikely. Some lawmakers foresee friendlier digital asset rules depending on who eventually wins.

    Recently, GOP candidate Donald J. Trump bashed CBDCs and independent runner Robert F. Kennedy labeled them a threat to civil liberties.


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  • How To Buy, Sell, And Trade Crypto Tokens On The Tron Network

    How To Buy, Sell, And Trade Crypto Tokens On The Tron Network

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    The Tron network is a decentralized blockchain platform that aspires to create an expansive and interconnected global digital content ecosystem. At its core, Tron leverages its native cryptocurrency, TRX, to facilitate seamless transactions and interactions within the network.

    An outstanding advantage of the Tron (TRX) network lies in its exceptional scalability and impressive transaction processing capacity. This remarkable feature enables Tron to process a substantial number of transactions swiftly, ensuring the smooth execution of smart contracts and decentralized applications (DApps). The network’s scalability is of utmost importance as it plays a vital role in supporting the expansion of its ecosystem and meeting the growing needs of both users and developers.

    Tron (TRX) empowers developers to create and launch decentralized applications (DApps) through the integration of smart contracts into its framework. These versatile DApps span across diverse sectors, including finance, gaming, social media, and more. Tron equips developers with essential tools, resources, and support, enabling them to craft cutting-edge and fully operational applications. This fosters a dynamic developer community, driving ongoing expansion and diversification within the Tron ecosystem.

    Tron’s emphasis on digital content is a distinguishing feature of the network. It aims to revolutionize the entertainment industry by directly connecting content creators and consumers without the need for intermediaries. The platform empowers creators by enabling them to distribute their content and monetize it through direct interactions with their audience.

    The network (TRON) relies on a delegated proof-of-stake consensus mechanism for its security. Validators in the network are rotated every six hours, chosen by users who stake their TRX tokens.

    To combat software bugs, Tron involves its community through the Bug Bounty Program. Users can contribute to development and earn rewards by reporting bugs and vulnerabilities. The Tron Foundation generously provides TRX rewards as an incentive, fostering a collaborative environment for network security.

    This article delves into the fundamental features of the TRON network and explores its significant potential within the TRON ecosystem while also providing guides on how to buy, sell and trade on the network.

    Features Of The TRON Network

    Delegated Proof-of-Stake (DPoS) Consensus: The DPoS is a consensus mechanism utilized by the TRON network to enable its users to vote for representatives responsible for validating transactions and securing the network. This system guarantees swift transaction confirmation and streamlined network operations, enabling scalability and suitability for high-demand applications.

    Smart Contracts and DApps: TRON offers a platform for the creation and implementation of smart contracts, which are self-executing agreements governed by predetermined rules. These smart contracts serve as the foundation for developing decentralized applications (DApps) that automate processes, enhance peer-to-peer interactions, and introduce trailblazing functionalities in sectors including finance, gaming, social media, and more.

    Developer-Friendly Environment: TRON fosters a developer-friendly ecosystem by equipping developers with essential tools, resources, and support to build innovative and functional DApps. It offers user-friendly programming languages, software development kits (SDKs), and comprehensive documentation to optimize the development process. This commitment to developers encourages a vibrant community, promotes collaboration, and fuels ongoing growth and diversification within the TRON ecosystem.

    Scalability and Throughput: One of the main purposes of the TRON network is that it is purposefully built to efficiently process a substantial number of transactions with exceptional throughput. Its infrastructure facilitates swift transaction execution, ensuring seamless operations for smart contracts and decentralized applications (DApps). This scalability plays a vital role in meeting the increasing adoption and requirements of users and developers.

    Global Accessibility: TRON’s decentralized architecture guarantees worldwide accessibility, enabling individuals from across the globe to engage with the network. The platform’s infrastructure is intentionally designed to be accessible to anyone with an internet connection, promoting inclusivity and fostering a digital ecosystem without any geographical boundaries.

    Direct Creator-Consumer Interaction: TRON enables content creators to engage directly with their audience without intermediaries. This direct connection fosters a more intimate and transparent relationship, allowing creators to better understand their audience’s preferences and tailor their content accordingly.

    Ownership Rights: TRON acknowledges the significance of content ownership for creators and leverages the immutability and transparency of blockchain technology to safeguard their intellectual property rights. By doing so, TRON empowers creators to retain control over their content and ensures they are duly compensated for its utilization.

    Monetization Opportunities: TRON empowers content creators by enabling them to directly monetize their content. By leveraging smart contracts and digital tokens, creators can receive payments directly from their audience, bypassing the need for third-party payment processors. This direct monetization approach allows creators to retain a greater share of their earnings and exert more control over their revenue streams.

    How To Get Started On The Tron Network

    To buy and sell tokens on the TRON network, you will first need to get a TRON-compatible wallet like  Tronlink. In this article, we will give examples using Tronlink. It is a popular TRON wallet extension and is readily accessible on leading browsers such as Google Chrome. 

    Related Reading: How To Buy, Sell, And Trade Tokens On The Optimism Network

    With TronLink, users can effortlessly create and oversee TRON wallets, securely store TRX, as well as other TRC-10/TRC-20 tokens, and seamlessly engage with TRON DApps, all within the convenience of their browser interface.

    To add your TronLink Wallet as a browser extension, simply click on the “Add to Chrome” icon located in the top right corner, as demonstrated below. This step will ensure that your TronLink Wallet becomes seamlessly accessible within your browser.

    Once installed and set up, Open the TronLink extension in your browser. You will be prompted to either create a new wallet or import an existing one. If you’re new to TronLink, select the option to create a new wallet and follow the instructions to set up a password.                                 

    It is imperative to back up your wallet to ensure you can recover your funds in case of any unforeseen circumstances. TronLink will provide you with a unique set of recovery phrases during the wallet creation process. Write down and securely store these phrases in a safe place. (Do not store it on your device).

    Trading On The TRON Network

    The Tron network is capable of supporting various decentralized applications. Tron is often used to transact, as TRX transactions come with very low fees.

    In order to engage in trading activities on the TRON network, it is essential to have TRX tokens in your wallet. TRX serves as the native cryptocurrency of the TRON network and is indispensable for executing trades, interacting with decentralized exchanges, and participating in decentralized finance (DeFi) protocols. 

    Hence, prior to initiating any trading or transactions on the TRON network, it is crucial to ensure that your wallet is adequately supplied with TRX tokens.

    The next step is to fund your wallet. You can add TRX or other TRC-10/TRC-20 tokens to your TronLink wallet. Click on the “Receive” button in your Tronlink wallet to generate a wallet address; tokens will be available in your wallet almost immediately.                                         

    Tron Wallet

    You can obtain TRX using popular cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) from cryptocurrency exchanges like Binance and transfer it to your TronLink wallet address.

    Note that users can also access various DEXs interfaces like SunSwap through their Tronlink wallet by clicking on the “More” button in the same row as the “Receive” button.

    How To Buy and Sell Tokens Using SunSwap

    SunSwap is a decentralized trading protocol built on the TRON network, with the objective of facilitating automated liquidity provision and establishing an inclusive financial market accessible to all users. By utilizing the decentralized nature of blockchain, SunSwap enables users to participate in liquidity provision by depositing their TRON-based tokens into liquidity pools. 

    To protect your wallet from malicious activity, ensure that you are on the correct SunSwap website. To get started, visit the correct SunSwap website and click on the “Connect Wallet” option at the top left corner, as in the image below:

    Sunswap Tron

    Then, select your preferred wallet (In this case, Tronlink):

    Sunswap trading

    Once connected, Users can commence trading activities as SunSwap is automatically linked to the TRON networks because it is a TRON-based DEX. 

    After accessing the SunSwap interface, the next step is to select the tokens you want to trade. SunSwap operates on a system where you can exchange your TRON-based tokens directly with other tokens.

    Click on the “Select token” button to select the trading pair you want to trade against.

    For example, if you want to buy USDT using TRX,  select  TRX – USDT, enter the amount, then click on “swap” or “trade now” and then you can go to your Tronlink wallet to confirm the transaction.

    Tron wallet

    Tracking Token Prices on The TRON Network

    Avedex is a powerful on-chain tool for TRON network users, offering comprehensive market insights for specific tokens. It provides valuable information such as price data, contract details, and advanced analytics tools. Traders can analyze price trends, liquidity, and token fundamentals to make informed trading decisions. 

    Additionally, Avedex allows for token comparison, user reviews, and rating systems, enhancing the decision-making process. With integration to TRON wallets and notification features, Avedex streamlines the trading experience, enabling users to stay updated and act promptly. 

    Related Reading: Celestia Network: How To Stake TIA And Position For 5-Figure Airdrops

    Overall, Avedex empowers TRON traders with reliable information and tools to navigate the market effectively and make well-informed trading choices.

    Charts

    Conclusion

    In conclusion, the TRON (TRX) network offers a decentralized blockchain platform that prioritizes the creation of a global digital content ecosystem. With its scalable infrastructure and high transaction processing capacity, TRON enables the swift execution of smart contracts and decentralized applications (DApps) across various sectors. The network’s developer-friendly environment provides essential resources and support for developers to build innovative DApps, fostering a vibrant community within the TRON ecosystem.

    To engage with the TRON network, users need a TRON-compatible wallet like TronLink. They can obtain TRX tokens from various popular exchanges, transfer them to their TronLink wallet, and then trade on platforms like SunSwap for decentralized trading.

    Overall, the TRON network offers a robust ecosystem for buying, selling, and trading tokens, while its focus on digital content and developer support makes it an attractive platform for creators and users alike.

    Featured image from X.com

    Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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    Scott Matherson

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  • Is Tron Toast? Network Activity Crumbles As Crypto Cools Off

    Is Tron Toast? Network Activity Crumbles As Crypto Cools Off

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    The Q4 report from Tron reveals a significant contrast between its thriving DeFi sector and subdued core network activity. Despite a remarkable 41% increase in Total Value Locked (TVL) in Tron’s DeFi space, securing the second position after Ethereum, the network experienced a slowdown in user growth.

    At the time of writing, TRX was trading at $0.1108 up 0.9% in the last 24 hours, and tallying a 3.6% increase in the last seven days, data from Coingecko shows.

    Tron User Engagement Stalls Amid Market Upturn

    In contrast to the broader crypto market rally, Tron faced a peculiar deceleration in user expansion. Daily active addresses and new user creations both declined by 2%, raising concerns about Tron’s ability to attract and retain users during favorable market conditions. The number of new addresses created on Tron also fell by 2% to 185,000, intensifying worries about user engagement.

    Transaction Decline

    The decrease in user activity resulted in a 2.4% drop in transactions, averaging at 4.9 million daily. Messari, the on-chain analytics firm behind the report, attributed this decline to reduced “staking/unstaking” and “other” activities, indicating a slowdown in core network operations. Consequently, transaction fees experienced a 6% decrease compared to Q3.

    Source: Messari

    DeFi Flourishes

    Despite the subdued user activity, Tron’s DeFi sector witnessed substantial growth. The Total Value Locked (TVL) surged by 20%, solidifying Tron’s status as a major DeFi hub. This remarkable leap positioned Tron with more than double the TVL of its closest competitor, BNB Chain.

    TRON TVL. Source: Defillama

    DEXes Gain Momentum

    In addition to the DeFi success, decentralized exchange (DEX) trading volume within Tron saw a remarkable 42% increase, breaking a trend of three consecutive quarters of decline. This surge suggests a rising adoption of Tron’s native DEXes, potentially fueled by the DeFi boom.

    Total crypto market cap is currently at $1.6 trillion. Chart: TradingView.com

    Assessing Tron’s Q4

    Tron’s Q4 presents a puzzling scenario with the coexistence of a thriving DeFi sector and sluggish user activity. The reasons behind this user apathy, along with the decline in new address creations, warrant further investigation as they may hold the key to unlocking Tron’s full potential.

    Tron’s Q4 reflects a dual narrative – a flourishing DeFi metropolis alongside a less active user environment. The network’s ability to bridge this gap and leverage its DeFi momentum to rekindle user engagement remains uncertain.

    The upcoming quarters will reveal whether Tron can overcome this disparity and establish a unified narrative of success.

    Featured image from Pexels

    Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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    Christian Encila

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  • Tron takes throne in daily active addresses

    Tron takes throne in daily active addresses

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    Tron just took the throne, beating Ethereum and Bitcoin with the most daily active addresses, with 1.4 million addresses active on Jan. 8.

    According to Token Terminal data, Tron (TRX) is followed by BNB Chain (BNB) with its 1.36 million, Polygon (MATIC) with under 600,000 Bitcoin (BTC) with just under 400,000 and Ethereum (ETH) with 362,000.

    Tron, Polygon, Bitcoin, and Ethereum daily active addresses chart | Source: Token Terminal

    The significance of daily active addresses (DAAs) as a metric extends beyond mere numbers; it offers a multifaceted insight into the vitality and user engagement within a blockchain network. When discussing Tron’s recent achievement in surpassing Ethereum and Bitcoin in terms of DAAs, it’s crucial to understand the implications of this metric.

    Daily active addresses represent the number of unique addresses actively conducting transactions on a network within a 24-hour period. A high number of DAAs could suggest robust network utilization but also imply that the blockchain is experiencing growth and adoption.

    Still, it is hard to judge how much of this activity is automated since bots sending transactions and single users controlling many addresses also count as daily active addresses — this is why referring to this metric as “daily active users” is not entirely correct.

    Still, the DAAs reflect the engagement level of users with the blockchain. An increasing count signals that more people consistently find value in the network’s services. This engagement is critical for the blockchain’s long-term viability and growth.

    The health and stability of a network can also be gauged through DAAs. A network that consistently handles a high volume of transactions efficiently demonstrates its capability and reliability, crucial factors for retaining and attracting new users.


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    Adrian Zmudzinski

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  • Tron's Balancing Acts: USDT Dominance Peaks as DeFi Experiences a Renaissance: Report

    Tron's Balancing Acts: USDT Dominance Peaks as DeFi Experiences a Renaissance: Report

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    Stablecoin total value locked (TVL) on the Tron blockchain experienced a slight decline in the early part of the second half of 2023 but ultimately surged to reach record highs of approximately $48 billion.

    This is according to a recent report by Reflexivity, which revealed that around 94% of this total value belonged to USDT.

    Tron Emerges as Top Choice for USDT

    Reflexivity Research stated that Tron has maintained its position as the leading blockchain for USDT, surpassing the Ethereum mainnet by approximately 8% in terms of TVL.

    Tether, among the earliest fiat-backed stablecoins in the crypto market, initially launched on Bitcoin’s Omni chain, later expanded to Ethereum, and is currently predominantly present on Tron and Ethereum.

    A noteworthy distinction lies in the composition of stablecoins on Ethereum, which exhibits a more balanced mix of USDT and USDC on-chain, while the former overwhelmingly dominates the Tron ecosystem.

    This dominance is further evident in Tron contracts, where the USDT Token contract consumes the majority of on-chain “energy,” accounting for approximately 95.6% of all contracts. This suggests that Tron is primarily utilized for USDT transactions with limited diversification.

    Despite a moderate increase in USDT volume throughout 2023, a particularly intriguing trend is the 130% growth in the number of USDT holders over the same period, according to data compiled by TronScan.

    Tron’s DeFi Renaissance

    The Tron ecosystem witnessed back-to-back exploits. Justin Sun-acquired crypto exchange Poloniex was hacked in November last year. Attackers reportedly stole nearly $125 million after breaching the hot wallets.

    Weeks later, crypto exchange HTX and blockchain protocol Heco Chain were compromised for a cumulative $97 million in different digital assets.

    Despite this, Tron’s decentralized finance side of things remained stable.

    Citing data from DeFiLlama, Reflexivity observed that the TVL in DeFi on the Tron blockchain witnessed a growth of approximately 43% throughout the second half of 2023, reaching a total of around $8.1 billion.

    This increase solidified Tron’s position as the second-highest protocol in terms of TVL, trailing behind Ethereum with approximately $29 billion and surpassing Binance Smart Chain (BSC) with $3.1 billion. The ascent was primarily led by the leading DeFi protocol, JustLend, which contributes to approximately 80% of the total TVL on the Tron network.

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    Chayanika Deka

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  • New Call Of Duty Gun Has A Delightfully Annoying Easter Egg

    New Call Of Duty Gun Has A Delightfully Annoying Easter Egg

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    The newest Call of Duty: Modern Warfare III and Warzone bundle includes an SMG that features a silly animation that references the annoying “Update Requires Restart” message players commonly encounter when trying to boot up either game. Just be prepared to spend $20 to get this new gun.

    Call of Duty games released in the last few years have frustrated fans with a prompt asking them to restart the game due to an update. This message often appears before jumping into the main menu. While on console this restart might only take a few seconds, PC players might have to wait a minute or more before they can start playing. It’s been a problem since at least 2020 and is still a thing in MWIII and battle royale spin-off Warzone. The message has become so ubiquitous over the years that it has become a meme within the CoD community. And Activision is ready to laugh at itself while taking some money from you, too.

    On January 5, the “Insert Coin Mastercraft” cosmetic bundle appeared in MW III and Warzone’s in-game stores. While the bundle includes a bevy of cosmetics—including a new ‘80s-themed outfit, loading screen, and player emblem—The Arcade Rhythm submachine gun is the coolest part of the pricey pack.

    That’s because if you inspect the weapon, you’ll be treated to your soldier bringing the SMG up to their face, trying to log into Call of Duty by mashing a button, and then being greeted with the annoying update prompt. This leads to the soldier bashing the gun in frustration, which likely mimics how many CoD players have reacted to the prompt.

    I’m not a Call of Duty player anymore these days, but I’ll admit that it’s nice to see this franchise, which is usually so damn serious, make fun of itself. Plus, the Arcade Rhythm SMG comes with a neat pixel-death effect that basically de-rezzes everyone you kill, Tron style. And it even features pixelated muzzle smoke, which is a nice touch.

    Once again Call of Duty keeps tempting me with cool retro video game skins and weapons, like that Doom shotgun from last year. And once again I have to hold strong. I’m already spending too much money on Fortnite. I can’t afford another battle royale in my life.

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    Zack Zwiezen

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