Summary
- It was reported that the lending protocol TVL on the TRON network has dropped by about $2 billion over the past few days.
- This phenomenon occurred while the price of Tron is rising, with history showing a similar tendency of Tron rising during TVL decreases.
- Potential causes cited include a decline in interest in lending or possible structural changes within the ecosystem, and it was emphasized that future developments should be watched closely.
It has been observed that the Total Value Locked (TVL) in lending protocols on the Tron (TRX) network has decreased by about $2 billion.
On the 10th (local time), João Wedson, a CryptoQuant contributor, reported, "In the past few days, the lending protocol TVL on the Tron network has dropped by $2 billion," adding, "This has occurred despite the rising price of Tron."
He continued, "Even in the past, when Tron's lending protocol TVL decreased, Tron tended to rise," but also emphasized, "Future developments should be closely monitored." He further added, "This may indicate declining interest in lending or structural changes within the ecosystem."
As of 11:45 PM, based on Binance USDT market, Tron is trading at $0.2932, up 3.86% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Exclusive] KakaoBank meets with global custody heavyweight…possible stablecoin partnership](https://media.bloomingbit.io/PROD/news/a954cd68-58b5-4033-9c8b-39f2c3803242.webp?w=250)
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