HTX and WTRX Control 75% of SunSwap Trading on TRON
HTX and WTRX now drive 75% of SunSwap's trading activity on TRON, signaling a major shift in user interest and market momentum.
- HTX and WTRX dominate SunSwap trading volume on TRON.
- WTRX has been the long-time leader; HTX recently surged.
- Both tokens now control about 75% of the platform’s activity.
SunSwap, a key decentralized exchange (DEX) on the TRON blockchain, has recently seen a major shift in trading patterns. Two tokens—WTRX and HTX—are now responsible for nearly 75% of all activity on the platform. This dominance highlights changing trader preferences and a potential new direction for liquidity flow within the TRON ecosystem.
WTRX (Wrapped TRX) has long been the primary driver of activity on SunSwap. Its deep liquidity and consistent user demand have made it a preferred choice for traders. However, the emergence of HTX (formerly Huobi Token) as a dominant force marks a significant development in SunSwap’s trading landscape.
WTRX Holds Steady While HTX Rises
While WTRX’s influence is not new, HTX’s recent rise is particularly noteworthy. According to on-chain analyst @JA_Maartun, HTX has quickly gained ground, joining WTRX at the top of the activity chart. This suggests increased confidence and interest in HTX, possibly due to exchange-related incentives or broader support across TRON-based platforms.
The two tokens now collectively account for three-fourths of SunSwap’s total volume, crowding out other tokens that once had more visibility on the DEX. This consolidation of trading into fewer pairs may affect how liquidity is distributed across the TRON network going forward.
What This Means for TRON and DeFi Users
For DeFi users and TRON supporters, the dominance of HTX and WTRX could have mixed implications. On one hand, it signals strong demand and possibly more reliable trading pairs. On the other, it could limit variety and decentralization, which are key values in the DeFi ecosystem.
This trend will be important to watch, especially if HTX continues to rise or new tokens start to challenge the top positions. For now, WTRX and HTX have established themselves as the core of SunSwap trading
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