The Impact of the U.S. Election on Crypto: The Biggest Winner Suspected of Chipping As we all know, this US election has brought a lot of volatility to the crypto market. Today, we're going to take a look at the performance of the mainstream currencies TRX, SOL, ETH, and BNB. TRX has significantly outperformed the market in this election cycle. Looking at the data, TRX has risen by about 7% so far this year, while SOL, ETH and BNB have fallen by about 24%, 28% and 7%, respectively Why can TRX buck the trend? The key to TRX's rise against the trend is its clear compliance layout and deep binding of USDT payment business. With the tightening of regulations, the market is leaning towards a stable and secure on-chain payment infrastructure, and more than 50% of the total USDT is currently carried on the TRON chain, and this real demand gives $TRX strong market support. In addition, the positive impact of the U.S. election on TRON is also closely related to Brother Sun's All in USA. He maintains a close relationship with the Trump family, and the Trump family's trust in Brother Sun has also helped TRON smoothly move towards compliance to a certain extent. Although the ETH ecosystem is huge, its high cost and TPS, as well as other factors, limit its room for expansion. SOL is more susceptible to market sentiment and falls significantly when venture capital sentiment declines. The trend of BNB depends on the future development and compliance status of the Binance exchange. Taken together, the impact of this US election on the crypto market finally highlights their respective development paths and intrinsic values. With its robust payments business and clear compliance strategy, TRX stood out from the market uncertainty and emerged as the biggest winner in this election cycle. @justinsuntron @trondao #TRONEcoStar
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