[TRON surpasses 190 million accounts while TVL extends uptrend](https://www.fxstreet.com/cryptocurrencies/news/tron-surpasses-190-million-accounts-while-tvl-extends-uptrend-202310171148) TRON (TRX), the blockchain platform founded by Justin Sun in 2018, has surpassed 190 million total accounts.The chain has observed a steadily increasing daily user base, reaching its annual peak in June 2023 with 3.8 million active users.Despite a post-June peak decline, the blockchain’s fundamentals and increasing Total Value Locked (TVL) indicate a positive picture for the blockchain.[Here’s what to expect from Bitcoin price after false ETF approval rumors](https://www.fxstreet.com/cryptocurrencies/news/heres-what-to-expect-from-bitcoin-price-after-false-etf-approval-rumors-202310170955) Bitcoin (BTC) price suffered a major pump-and-dump on Monday after false reports of a spot ETF approval.However, a short-term uptrend is in play in the daily time frame, and this could kick-start a pullback.Bitcoin (BTC) price has set up three higher highs in the last 50 days, with the most recent one still in formation.The ETF rumor pushed BTC to retest the $30,000 psychological level and it currently trades around the $28,369 support level.
This is the midpoint of the $24,888 and the 31,850 range, formed between July 13 and September 11.
[The crypto market went uphill](https://www.fxstreet.com/cryptocurrencies/news/the-crypto-market-went-uphill-202310171317) The crypto market cap rose 1.5% over the last 24 hours to $1.091 trillion.Yesterday, the market surged briefly on the false news of Bitcoin spot ETF approval.But interestingly, the ensuing market tide did not derail the short-term upward trend.That said, we continue to see continued elevated trading volumes.We view this as good news, given that the price is not high by historical standards.It is an influx of fresh buyers rather than an active exit from the market.Information on these pages contains forward-looking statements that involve risks and uncertainties.Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
You should do your own thorough research before making any investment decisions.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.It also does not guarantee that this information is of a timely nature.Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress.
All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.The author will not be held responsible for information that is found at the end of links posted on this page.If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned.
The author has not received compensation for writing this article, other than from FXStreet.FXStreet and the author do not provide personalized recommendations.The author makes no representations as to the accuracy, completeness, or suitability of this information.FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use.
Errors and omissions excepted.The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.[Join Telegram](https://t.me/fxstreetcrypto) Follow us on Telegram Stay updated of all the news Recommended Content Editors’ Picks [TRON surpasses 190 million accounts while TVL extends uptrend](https://www.fxstreet.com/cryptocurrencies/news/tron-surpasses-190-million-accounts-while-tvl-extends-uptrend-202310171148) [](https://www.fxstreet.com/cryptocurrencies/news/tron-surpasses-190-million-accounts-while-tvl-extends-uptrend-202310171148) TRON (TRX) has surpassed 190 million total accounts.The chain has observed a steadily increasing daily user base, reaching its annual peak in June 2023 with 3.8 million active users.
[More TRON news](https://www.fxstreet.com/cryptocurrencies/news?q=TRON&hPP=15&idx=FxsIndexPro&p=0) [Here’s what to expect from Bitcoin price after false ETF approval rumors](https://www.fxstreet.com/cryptocurrencies/news/heres-what-to-expect-from-bitcoin-price-after-false-etf-approval-rumors-202310170955) [](https://www.fxstreet.com/cryptocurrencies/news/heres-what-to-expect-from-bitcoin-price-after-false-etf-approval-rumors-202310170955) Bitcoin (BTC) price suffered a major pump-and-dump on Monday after false reports of a spot ETF approval.However, a short-term uptrend is in play in the daily time frame, and this could kick-start a pullback.[More Bitcoin news](https://www.fxstreet.com/cryptocurrencies/news?q=&hPP=15&idx=FxsIndexPro&p=0&dFR%5BTags%5D%5B0%5D=Bitcoin) [Ethereum co-founder moved millions to Gemini around ETF frenzy](https://www.fxstreet.com/cryptocurrencies/news/ethereum-co-founder-moved-millions-to-gemini-around-etf-frenzy-202310170841) [](https://www.fxstreet.com/cryptocurrencies/news/ethereum-co-founder-moved-millions-to-gemini-around-etf-frenzy-202310170841) Ethereum co-founder Vitalik Buterin made a 14.93 million USDC deposit in Gemini on Monday.Buterin’s crypto transfers are part of a broader series of transactions after a deposit made to Coinbase two days before.[More Ethereum news](https://www.fxstreet.com/cryptocurrencies/news?q=&hPP=15&idx=FxsIndexPro&p=0&dFR%5BTags%5D%5B0%5D=Ethereum) [Solana loses $100 million in TVL over 24 hours after Lido bids farewell](https://www.fxstreet.com/cryptocurrencies/news/solana-loses-100-million-in-tvl-over-24-hours-after-lido-bids-farewell-202310170553) [](https://www.fxstreet.com/cryptocurrencies/news/solana-loses-100-million-in-tvl-over-24-hours-after-lido-bids-farewell-202310170553) Solana’s Total Value Locked (TVL) experienced a drop of $100 million in a single day on Tuesday.Lido Finance, a liquid staking provider, announced its intention to discontinue on Solana.[More Solana News](https://www.fxstreet.com/cryptocurrencies/news?q=&hPP=15&idx=FxsIndexPro&p=0&dFR%5BTags%5D%5B0%5D=Solana) [Bitcoin: Can BTC bears challenge crypto’s 2023 bull rally?](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-weekly-forecast-can-btc-bears-challenge-cryptos-2023-bull-rally-202310131112) [](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-weekly-forecast-can-btc-bears-challenge-cryptos-2023-bull-rally-202310131112) Bitcoin (BTC) price is at a critical juncture in the weekly time frame, where bulls and bears are battling for control.However, a multi-time-frame analysis shows that BTC is bullish daily and is likely to rally higher.
[Read full analysis](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-weekly-forecast-can-btc-bears-challenge-cryptos-2023-bull-rally-202310131112).
