TRON has enabled post-quantum signature functionality on the Nile testnet for developer testing. According to Committee Proposal #20628, the FN_DSA_512 algorithm is now active on the Nile testnet. Post-quantum cryptography is a key technology to address the threats posed by quantum computing. This move by TRON demonstrates a forward-looking approach to long-term blockchain security and provides ecosystem developers with an opportunity to explore new cryptographic solutions.

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TRX Price Trend

24-Hour High

$0.3377

24-Hour Volume

$4.52M

All-Time High

$0.4312

All-Time Low

$0.001804

Market Cap / FDV

100%

FDV

$31.70B

24-Hour Low

$0.3324

Market Cap

$31.70B

Circulating Supply

94.89B TRX

Total Supply

94.77B TRX

Max Supply

-- TRX

Market Sentiment

Positive

1H	24H	7D	30D	1Y
0.27%	1.32%	2.56%	2.03%	2.44%

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#GoldBreaks4400USD Gold Surpasses $4,400: Dynamics Behind the Rise and Ahead Risks Gold prices have reached the $4,400 level again after two months, gaining over 7% since the beginning of August. XAUUSD is currently trading around $4,376, while XAUT (Tether Gold) is at $4,359. This rise was triggered by weak non-farm payroll data and decreasing expectations of interest rate hikes. Key Factors Behind the Rise 1. Weak Employment Data and Interest Rate Expectations Last week's non-farm payroll data fell below expectations, raising questions about whether the Fed will continue raising interest rates. The decrease in expectations of interest rate hikes has made gold, which does not offer yield, more attractive. 2. Record Purchases by the People's Bank of China (PBoC) The PBoC purchased 640,000 ounces (approximately 19.9 tons) of gold in July, marking its highest monthly purchase in this cycle. This marks the 21st consecutive month of increased gold reserves in China. Central bank purchases demonstrate the institutional and strategic dimension of demand for gold. 3. Geopolitical Risks and Dollar Weakness Tensions in the Middle East and uncertainties surrounding the Strait of Hormuz have increased demand for safe-haven assets. Additionally, recent weakness in the dollar index has supported the upward trend in the price of gold in dollar terms. Technical Outlook XAUUSD (Gold): • Current price: $4,376 • Intraday high: $4,378 - Low: $4,368 • MA5: 4,166 - MA10: 4,159 - MA30: 4,572 The price is trading well above the short-term moving averages (MA5 and MA10). However, the fact that MA30 (4,572) is still above indicates that the long-term trend has not fully reversed. The MACD indicator is still in the negative zone (-20.49), and although the difference between DIF and DEA has started to narrow, a full technical confirmation of the uptrend can be expected when the MACD moves into the positive zone. XAUT (Tether Gold): • Current price: $4,359 • 24-hour range: $4,340 - $4,411 XAUT, as a product providing digital access to physical gold, moves in parallel with the price of gold. A 9.5% increase in Tether Gold reserves (612,823 XAUT) indicates increased demand for the asset. Expert Opinions and Upcoming Catalysts While some analysts believe gold has bottomed out at current levels, overbought conditions and upcoming data releases could increase volatility in the near term. 1. Near-Term Risk: Wednesday's Inflation Data The upcoming inflation data is critical for the direction of gold. A higher-than-expected figure could revive concerns about interest rate hikes, putting pressure on gold. A lower figure, however, could support an upward move. 2. Overbought Conditions The rapid rise increases the likelihood of a correction or profit-taking in the short term. Holding above 4,400 is particularly important for establishing this level as support. 3. Geopolitical Developments Tensions with Iran and news flow regarding the Strait of Hormuz will continue to affect safe-haven demand. Critical Levels 🔎 Resistances: 4,400 (psychological), 4,572 (MA30), 4,650 (previous peak area) Supports: 4,340 (recent low), 4,166 (MA5), 4,000 (psychological) Gold reached a two-month high, driven by weak US data, record Chinese buying, and geopolitical risks. Whether the rally will continue depends on Wednesday's inflation data and geopolitical developments. Overbought conditions and the MA30 still being higher indicate a risk of a correction in the short term. This post is not investment advice; it is for informational purposes only regarding market conditions.

TRON to Launch Post-Quantum Signature Testing on Nile Testnet on July 6

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TRON to Launch Post-Quantum Signature Testing on Nile Testnet on July 6

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TRX Price Trend

TRX Related Topics

TRX FAQ

How to buy TRX?

What determines the price movement of TRX (TRX)?

What is the all-time high price of TRX?

What is the all-time low price of TRX?

What is the current market cap of TRX?

How many TRX tokens are there in the market?

What is the maximum supply of TRX?

What is the fully diluted market cap of TRX?

What is the price prediction for TRX?

Is TRX a good investment?