Tron [TRX]: Will new upgrade foster stagnant staking activity? Gauging…

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Due to the USDC depegging and SEC investigation, the Tron [TRX] ecosystem had a wild March. Network traffic on the system grew steadily, but development activity fell 36%. This was a concerning indication that the ecosystem intended to force a significant upgrade on its users. Stake 2.0 is a proposal to simplify staking and resource management in the current system, but it has encountered opposition due to infrastructure readiness issues and a lack of testnet time.

There are now 359,011 stakers on the network, and the network’s overall staking rate is 48%. At the time of writing, TRX was trading for $0.06568, and 19.92 million TRX tokens were removed from circulation in the last 24 hours.

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Tron [TRX]: Will new upgrade foster stagnant staking activity? Gauging…

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Name	Price	24H (%)
Bitcoin(BTC)	$61,008.54	3.36%
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