Bullish
TRON's JustLend DAO burns 355M JST, reducing supply by 3.59%
In the past 24 hours, TRON's DeFi platform JustLend DAO executed its largest token buyback and burn, removing 355,021,530.97 JST from circulation, which constitutes 3.59% of the total supply. This deflationary move aims to increase token scarcity and potentially support JST's price. Additionally, Tron Inc. added 151,976 TRX to its treasury, signaling long-term confidence in the network.
Key points
- JustLend DAO burns 355M JST, reducing supply by 3.59%
- Tron Inc. purchases 151,976 TRX, increasing treasury holdings
- TRX gains regulated U.S. market access via Bitnomial listing
Sources
- Latest TRON News - (TRX) Future Outlook, Trends & Market InsightsCoinMarketCap · July 18, 2026
- Tether Freezes USDT In 131 ISIS K Linked Tron WalletsBSC News · July 18, 2026
- Tether Freezes 131 ISIS-K TRON Wallets After OFAC Sanctions UpdateBankless Times · July 2, 2026
- Tron Expands Stablecoin Dominance as USDT Volume Nears $2 Trillion in Q1TokenPost · May 11, 2026
AI-generated from public news sources. Not financial advice.
