The Tron network is seeing a disconnect between smart contract activity and TRX’s rising market value. The underlying asset, for its part, has climbed by more than 12% in the past month amidst a broader market recovery, and is currently trading at $0.275. As token prices surge, questions are surfacing about whether on-chain fundamentals still matter – or if market sentiment has taken the driver’s seat. Smart Contract Growth Stalls From 2017 to 2025, Tron’s ecosystem has undergone significant transformation, as reflected in the trajectory of its smart contract activity and the market price of its native token. In its early years (2017-2019), Tron experienced rapid growth. Both smart contract creation and TRX price surged, driven by strong investor interest and network excitement. However, this early phase was followed by a period of stabilization, where contract deployment and price action flattened. A second wave of growth began in 2019, as the rise of DeFi sparked increased use of smart contracts across the ecosystem. TRX price responded positively, which, according to CryptoQuant, suggested a healthy relationship between on-chain activity and market valuation. From 2022 onward, this alignment began to break down. While smart contract deployment showed signs of stagnation, as it became “sporadic and less sustained,” TRX’s price continued to rise, particularly through 2023 and 2024. Such a divergence indicates that off-chain factors, including speculative sentiment or macro market conditions, have become stronger drivers of TRX’s value. Sharp but brief spikes in contract activity during this period are likely tied to isolated technical events or short-lived projects, rather than sustained ecosystem growth. The ongoing decoupling between developer activity and price raises important questions about the network’s long-term health. While TRX maintains market momentum, the flat trend in smart contract creation could reflect declining developer interest or a maturing ecosystem with fewer novel deployments. The report further stated, “Sustainable growth in both metrics likely depends on real-world utility and ongoing developer innovation. If the downward trend in contract deployment persists, it may be necessary to investigate what’s driving TRX’s price separation from core on-chain activity.” While smart contract creation has shown signs of stagnation since 2022, user-level activity on the Tron network continues to rise. User Activity Surges on Tron The network now averages over 8 million daily transactions. This figure was up more than 30% in the past four months and was largely driven by increased participation in existing services and decentralized applications. This divergence further indicates that while innovation may have slowed, demand for current offerings remains strong. Additionally, TRX’s monthly transfer volume surged to an all-time high in May this year, reaching a whopping $132.4 billion. The post Decoupling Trend Emerges in Tron Network: TRX Rises, Smart Contract Creation Flattens appeared first on CryptoPotato .
Ripple’s recent massive transfer of $498 million worth of XRP tokens to an unknown wallet has sparked significant attention within the crypto community. This transaction follows a prior unlocking of
Crypto ETF issuers are urging the SEC to reinstate the “first-to-file, first-to-approve” rule, emphasizing fairness and innovation in the approval process for exchange-traded products. Leading asset managers VanEck, 21Shares, and
Digital asset industry advocates supported congressional candidates in Florida’s special elections in April, and now New Jersey prepares to elect its next governor.
Coinbase is set to delist four crypto tokens in June following protocol upgrades, reflecting its commitment to maintaining a secure and compliant trading environment. The affected tokens—Helium Mobile (MOBILE), Render
CLARITY Act aims to enhance transparency in the crypto market with bipartisan support. GENIUS Act is essential for CLARITY's progress, addressing technological impacts on finance. Continue Reading: The U.S. House Committee Tackles Crucial Crypto Legislation with CLARITY Act The post The U.S. House Committee Tackles Crucial Crypto Legislation with CLARITY Act appeared first on COINTURK NEWS .
The U.S. Securities and Exchange Commission (SEC) is intensifying its focus on decentralized finance (DeFi) with a dedicated roundtable scheduled for June 9th, signaling a pivotal moment in crypto regulation.
Uber’s CEO Dara Khosrowshahi has revealed the company’s strategic interest in leveraging stablecoins to streamline global financial settlements, aiming to reduce foreign exchange costs and accelerate cross-border transactions. This initiative
This week in crypto regulation, U.S. lawmakers and state officials drew attention across the digital asset sector with developments ranging from delayed disclosures and enforcement criticisms to landmark crypto-friendly legislation in California. The regulatory environment continues to evolve, sometimes sharply divided between federal hesitations and state-level innovation. Texas Congressman Slammed for Delayed Bitcoin Disclosure In a striking development, Texas Congressman Brandon Gill (R-TX) came under fire for failing to disclose his Bitcoin purchases in a timely manner . Congressman Brandon Gill (R-TX) is under fire for allegedly improperly disclosing recent Bitcoin transactions. #BrandonGill #DonaldTrump https://t.co/JbID89ntiW — Cryptonews.com (@cryptonews) June 3, 2025 According to a report from Open Secrets, Gill bought between $100,001 and $250,000 worth of Bitcoin on January 29 and February 27. However, the disclosures didn’t appear until May 30—well beyond the 45-day window mandated by the STOCK Act, which is designed to prevent insider trading by public officials. The freshman congressman’s failure to comply with basic transparency protocols has sparked criticism, particularly as lawmakers increasingly shape crypto policy. The delayed filings raise questions about oversight and ethical conduct amid the sector’s surging political relevance. Crypto advocates may see Gill’s holdings as a sign of growing interest within Congress, but his misstep shows the need for stricter accountability when digital assets enter the halls of power. SEC Chair Paul Atkins Calls Out Enforcement-First Approach Over in Washington, SEC Chair Paul Atkins delivered pointed remarks before the Senate Appropriations Subcommittee this week, criticizing the agency’s previous stance of “regulation-by-enforcement” toward crypto. BREAKING SEC Chairman Paul Atkins says his top priority is a clear, rational crypto regulatory framework —….. especially around custody & $XRP Clarity is coming. pic.twitter.com/30eyZLdwEg — 𝕏aif | (@Xaif_Crypto) June 3, 2025 Atkins argued that the former approach stifled innovation and inadvertently opened the door for fraudulent behavior to flourish. “Enforcement without clear rules sends the wrong message,” Atkins said, emphasizing the need for proactive, rules-based regulation. He also praised the SEC’s revamped Crypto Task Force, describing it as a key player in developing a more nuanced and transparent regulatory framework for digital assets. This shift in rhetoric from the SEC’s highest office marks a potential turning point in crypto regulation. For years, the agency’s ambiguous stance has frustrated industry players. Atkins’ testimony could pave the way for more constructive engagement with blockchain projects—if it results in real policy changes and not just regulatory lip service. California Leads With Progressive Crypto Legislation While federal agencies wrestle with regulatory philosophy and enforcement, California is pushing ahead with bold legislative moves that could redefine state-level crypto governance. The State Assembly passed Assembly Bill 1180 with unanimous support on June 2. The bill authorizes the Department of Financial Protection and Innovation (DFPI) to create a pilot program allowing state fees to be paid using digital financial assets. Assembly member Avelino Valencia, the bill’s sponsor, called the move “a turning point for public sector adoption of financial technologies.” This marks one of the most concrete steps by any U.S. state toward integrating crypto into official government operations. Should the bill progress into law, California could serve as a testing ground for broader crypto utility in public finance, potentially setting a template for others to follow. Hot on the heels of AB 1180, another bill —Assembly Bill 1052—also cleared the State Assembly in a 78-0 vote. AB 1052 seeks to modernize unclaimed property laws, particularly how dormant digital assets are handled. JUST IN : California Assembly passes bill to regulate Digital Assets under 'Unclaimed Property' law. The bill now moves to the Senate. Law explained: Assets left on an exchange for 3 years will transferred to the state, and can then be claimed by the owner. pic.twitter.com/u9XftO0XRy — Bitcoin Laws (@Bitcoin_Laws) June 4, 2025 If passed by the Senate, the law would prevent dormant crypto held by custodians (like exchanges) from being automatically liquidated. Instead, these assets would be safeguarded in their native form by a licensed custodian. This legislation specifically excludes self-custodied wallets from its reach, a key detail for privacy advocates and decentralization purists. Together, these two bills reflect a state legislature that understands the nuances of crypto and is willing to embrace its potential while mitigating risk. SEC Secures $1.1M Judgment in Crypto Fraud Case Elsewhere, the SEC notched a courtroom win against bad actors in the crypto space. A federal judge in Georgia issued a default judgment on June 3 against Keith Crews, who was accused of orchestrating a fraudulent crypto investment scheme. Crews failed to respond to the SEC’s lawsuit, resulting in a $1.1 million penalty that includes disgorged profits and civil fines. This case reinforces the agency’s ongoing commitment to enforcement, especially against blatant scams and fraudulent offerings. While Atkins may be steering the SEC away from broad, punitive enforcement as a policy default, this judgment shows that the agency won’t hesitate to act decisively against clear misconduct. State vs. Federal—A Diverging Path? This week’s developments present a revealing contrast. On one hand, California is emerging as a trailblazer in creating thoughtful crypto legislation, focusing on utility and protection. On the other, federal lawmakers continue to grapple with oversight lapses and internal tensions on how best to regulate the space. Congressman Gill’s disclosure mishap illustrates the regulatory gaps in the nation’s capital, while SEC Chair Atkins’ comments suggest a changing of the guard in federal crypto policy. Meanwhile, the SEC’s ongoing enforcement actions indicate that investor protection remains a top priority, even as the agency explores more collaborative approaches. The post Crypto Regulation Shake-Up: SEC Wins $1.1M Fraud Case as California Trials Bitcoin Fees appeared first on Cryptonews .
In crypto, timing often beats patience. Bitcoin Cash (BCH) continues its slow rise with peer-to-peer payment utility. Hedera (HBAR) is attracting attention due to possible integration with national infrastructure. Both projects promise long-term potential but rely on steady adoption and years of development. Meanwhile, BlockDAG is moving at full speed. Its X1 miner app now has over 1.5 million users, showing massive engagement ahead of mainnet. Anyone can earn BDAG on their phone with no hardware needed. This growth signals strong demand based on utility, not just market chatter. BlockDAG’s presale is what’s turning heads. The price is frozen at $0.0018 until June 13, offering a potential 2,678% profit. With over $289 million raised and 22 billion coins already sold, this project is seeing real traction. Unlike BCH and HBAR, which are building for the long term, BlockDAG is giving users a near-term window for major gains. BlockDAG’s Final Days of Double Up: Ends June 13 The countdown has begun. BlockDAG’s Double Up event ends on June 13, and this could be the most rewarding entry point of the year. With Batch 28 priced at $0.0262, this deal offers coins at $0.0018 and gives 50% more with each buy. That means if you buy $500 worth, you’ll receive an additional $250 in BDAG, doubling your total. More than $289 million has already come in, with 22 billion coins sold. Users are acting fast as the GO LIVE reveal nears. And the 2,520% gain since Batch 1 makes this presale one of 2025’s most discussed. BlockDAG’s miner app has passed 1.5 million downloads, with users mining directly from their phones. This makes it one of the largest mobile mining networks today. With over 20 exchanges coming soon, early users are not only entering at the lowest price but also gaining more BDAG before listings. The GO LIVE reveal is pushing momentum further. Bitcoin Cash Eyes Steady Gains Through 2030 Bitcoin Cash (BCH) continues to attract interest with its focus on usability for everyday payments. Its long-term strategy is built around speed and scalability, which analysts believe will support slow but steady growth. Projections for BCH suggest a price of $320 to $500 by 2025. By 2030, some forecasts predict prices above $1,000. These figures depend on adoption levels and ongoing improvements to the network. BCH offers value for those who want gradual growth. While short-term volatility exists, the use case around peer payments supports its outlook. The crypto’s slow rise aligns with users who prefer stability and functionality. Hedera Could Rise on Government Use Cases Hedera (HBAR) is gaining ground for its appeal to governments. Its fast speed, low power use, and secure framework make it ideal for identity systems, voting, and land records. Government use could create real demand, as HBAR would be needed for each transaction. Some nations might also hold HBAR in their reserves, which would cut supply and increase scarcity. This could boost HBAR’s appeal further. After its collaboration with Saudi Arabia, HBAR’s price jumped by 15%. If more nations follow, long-term demand could rise sharply. HBAR has potential if governments commit to using its tech for public services. Key Insights BCH and HBAR both show promise over the years, but they don’t match the short-term strength BlockDAG is showing now. The Double Up deal, ending June 13, gives buyers a rare chance to get extra coins at a very low price. With $289 million raised and the GO LIVE reveal approaching, BlockDAG is delivering progress in real time. The clear entry terms, price lock at $0.0018, and 50% bonus stand out in a space where delays are common. BCH and HBAR may shine later. But for anyone looking to act quickly, BlockDAG offers a real-time edge with high activity and real adoption already in motion. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post BlockDAG Hits $289M Presale as Bitcoin Cash and Hedera Focus on 2030 Gains with Slower Price Growth appeared first on TheCoinrise.com .