TRON Fees Decrease by 50%
TRON project founder Justin Sun announced that transfer fees on the TRON (TRX) blockchain will be reduced by 50%. The current fee for a transaction is 0.75 TRX, equivalent to $0.1125. Justin Sun pointed out that such low fees make TRON one of the leaders in transaction usability within the industry. As a result, the TRON blockchain remains a popular platform for USDT stablecoin transfers, with a market capitalization of nearly $120 billion, accounting for about 75% of the total supply of all stablecoins.
Circle to Launch USDC on Sui Network
Circle, the second-largest USDC stablecoin issuer by market capitalization, is currently integrating with the high-performance Sui blockchain. During transfers, the CCTP system will burn a user-specified amount of USDC on the source network and generate the same amount of tokens on the target blockchain.
In the near future, developers on the Sui platform will be able to create cross-chain flows directly from Arbitrum, Base, Ethereum, Solana, and other networks. Circle CEO Jeremy Allaire has announced the launch of a testnet, opening new horizons for decentralized applications.
Ethereum Developers Decide to Split Pectra into Two Parts
In a recent all-core developers meeting, Ethereum developers discussed the idea of splitting the significant upgrade of Pectra into two independent phases. The first phase is expected to launch in early 2025, which could significantly accelerate the rollout of the first priority upgrade, potentially as early as February next year. The final decision will be made at the next all-core developers meeting.
Developers emphasized that dividing the upgrade into several smaller parts would provide higher security. This approach will allow for smaller changes to be implemented at each stage, thereby reducing risk and streamlining the process.
BTC Exchange Rate Exceeds $63,000
The first cryptocurrency continues to rise, breaking through the psychological barrier of $63,000. However, this growth is accompanied by a decrease in trading volume, and the RSI index has entered the overbought zone. This may indicate potential risks of a short-term correction.
Kingdom of Bhutan Stores Over 13,000 Bitcoins
The Bhutanese government holds 13,036 bitcoins, equivalent to about $770 million. This data was obtained by analysts from the Arkham platform. Thanks to the mining operations conducted by the national fund Druk Holdings, the country has been able to accumulate such a large amount of digital gold, nearly one-third of its GDP. In terms of the number of bitcoins held by the government, Bhutan ranks fourth in the world.
To mine cryptocurrencies, dedicated mining facilities have been established at multiple locations, with the largest being a farm located on the territory of the closed Education City project. Experts have been able to detect its presence through satellite photography.
Previously, Forbes conducted a study that found the Kingdom of Bhutan has become a "crypto Shangri-La," thanks to the authorities' active assistance in land allocation, financing, and providing energy for bitcoin mining.
Solana Launches Brand New Crypto Smartphone Seeker
The Solana Mobile team has released an upgraded version of its Web3 smartphone, called Solana Seeker (formerly known as Chapter 2). The device was developed in collaboration with the Solflare wallet.
Pre-sales have exceeded 140,000 units across 57 countries, indicating high interest in the product. Like its predecessor, the Saga, the Solana Seeker includes a Seed Vault wallet, but now also offers AI agent functionality and an improved Solana Mobile Dapp Store.
Each smartphone comes with a unique soul-bound Seeker Genesis token, which allows access to exclusive rewards, offers, and content within the Solana ecosystem. The current discounted price for the device is $450, but it will increase to $500 after September 21. This smartphone is planned to be available for sale in mid-2025.