TRON Fees Drop by 50%
The founder of the TRON project, Justin Sun, announced a 50% reduction in the fee for transfers on the TRON (TRX) blockchain. Now the cost of one transaction is 0.75 TRX, which is equivalent to $0.1125. Sun noted that such a low fee makes TRON one of the leaders in the availability of transactions in the industry. Thanks to this, the TRON blockchain remains a popular platform for transfers of the USDT stablecoin, whose market capitalization is approaching $120 billion, which is about 75% of the total volume of all stablecoins.
Circle to Launch USDC on Sui Network
Circle, the second-largest issuer of the USDC stablecoin by market cap, is launching an integration with the high-performance Sui blockchain. When a transfer is made, the CCTP system burns the user-specified amount of USDC on the source network and generates the same amount of tokens on the destination blockchain.
In the near future, developers on the Sui platform will be able to create cross-chain streams directly from the Arbitrum, Base, Ethereum, Solana and other networks. Circle CEO Jeremy Allaire has already announced the launch of a testnet, which opens up new horizons for decentralized applications.
Ethereum Developers Decide to Split Pectra into Two Parts
At a recent All Core Developers meeting, Ethereum developers discussed the idea of breaking the major Pectra upgrade into two separate phases. The first of these is expected to be activated in early 2025, which could significantly speed up the rollout of the first-priority upgrade, possibly as early as February next year. A final decision will be made at the next All Core Developers meeting.
Dividing the upgrade into smaller parts, as the developers emphasized, will provide greater security. This approach will allow for smaller changes to be implemented at each stage, which will reduce risks and simplify the process.
BTC Rate Surpasses $63,000
The first cryptocurrency continued its upward path, breaking the psychological mark of $63,000. However, this growth is accompanied by a decrease in trading volumes, and the RSI index has already entered the overbought zone. This may signal potential risks of a short-term correction.
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Kingdom of Bhutan Stores Over 13,000 Bitcoin
The Bhutanese government owns 13,036 BTC, which is equivalent to about $770 million. This data was obtained by analysts from the Arkham platform. The country was able to accumulate such an amount of digital gold, which is almost a third of its GDP, thanks to mining operations carried out by the state fund Druk Holdings. Bhutan ranks fourth in the world in terms of the amount of bitcoins held by the government.
Special mining facilities were created in several locations to mine the cryptocurrency, the largest of which is a farm located on the territory of the closed Education City project. Experts were able to detect its presence using satellite photography.
Earlier, Forbes conducted a study, during which it was found that the Kingdom of Bhutan has become a kind of "crypto-Shangri-La", thanks to the active assistance of the authorities in the allocation of land, financing and providing energy for bitcoin mining.
New Crypto Smartphone Seeker by Solana
The Solana Mobile team has unveiled an updated version of its Web3 smartphone, dubbed the Solana Seeker (previously known as Chapter 2). This device was created in collaboration with the Solflare wallet.
Pre-sales have already exceeded 140,000 units in 57 countries, indicating high interest in the product. Solana Seeker, like its predecessor Saga, includes the Seed Vault wallet, but now also offers an AI agent feature and an improved Solana Mobile Dapp Store.
Each smartphone comes with a unique soulbound Seeker Genesis token, which grants access to exclusive rewards, offers, and content in the Solana ecosystem. The device is currently priced at $450 with a discount, but will increase to $500 after September 21. The smartphone is scheduled to go on sale in mid-2025.
