TRX Holds Strong: Steem/TRX from 3.x to 0.3

justyy (83)in #crypto • yesterday (edited)

In the wake of heightened market turbulence, TRX has shown remarkable resilience, holding steady around $0.31 despite the broader crypto selloff triggered by escalating geopolitical tensions. Yesterday’s shocking announcement from President Donald Trump to impose a 100% tariff on Chinese imports sent ripples through global markets, hitting risk assets and emerging tokens particularly hard. While most altcoins bled heavily, TRX’s steady performance signals strong network fundamentals and investor confidence in its ecosystem’s long-term stability.

In stark contrast, Steem has suffered a steep decline, now trading around $0.09, marking a dramatic fall in the Steem/TRX ratio from above 3.0 to just 0.3. The divergence highlights growing capital flight from smaller, legacy social blockchain projects into more liquid and active ecosystems like TRON. Analysts suggest that without renewed developer activity or ecosystem updates, Steem may continue to underperform its peers. Meanwhile, TRX’s ability to maintain strength amid macroeconomic uncertainty reinforces its position as one of the more stable mid-cap assets in the current crypto landscape.