In the first days of his presidency, Donald Trump signed an executive order creating a cryptocurrency working group. The goal is to draft a new, pro-crypto regulatory framework and explore the possibility of a national cryptocurrency reserve.
Tron (TRX) and Toncoin (TON) are set to benefit immensely from this shift in climate, as both projects have revealed a flurry of crucial updates, creating a perfect storm scenario for massive growth in the upcoming months. Meanwhile, a newcomer, Elluminex is also making waves with its innovative DeFi framework that could soon challenge established protocols. Let’s dive deeper.
Elluminex — The Toncoin DeFi Gem
Elluminex is a Toncoin-based DeFi platform that leverages the 950-million Telegram user base. Elluminex aims to solve the typical inefficiencies of old-guard DEX protocols such as Uniswap with its cross-chain framework designed to empower users and provide a next-level trading experience. Elluminex is intermediary-free, meaning that users retain full custody over their own assets. Simultaneously, their sensitive data will remain off-limits, as no KYC is required to join the platform and access Elluminex’s full suite of services.
With a focus on interoperability and liquidity concentration, Elluminex will allow for near-instantaneous transactions across all major blockchains. This approach also reduces waiting times, fees, and slippage while relieving users from the need to cycle between different single-chain DEXs to find the best opportunities.
At the heart of the Elluminex ecosystem is the $ELX token which users can stake and do their part in sustaining the network and promoting its growth. In return, they will receive recurring rewards of up to 18%. Additionally, holders will be granted access to an over-the-counter platform, where they will be able to invest in new TON-based projects before they are available to the general public.
Activity On Tron Explodes With Record Numbers
The Tron blockchain hit a major milestone in January 2025, surpassing 2 million active users and achieving a record-breaking $3.6 trillion in daily transaction volume. Despite this growth, however, the Tron price has remained range-bound between $0.22 and $0.27, following a sharp correction after its Q4 2024 rally. At the time of writing Tron trades for $0.25 following a 5% intraday increase and a 14% surge in daily volume with roughly $1.09 billion worth of TRX traded in the last 24 hours.
Tron founder Justin Sun has announced plans to reduce stablecoin transaction fees on the blockchain to zero, a move aimed at bolstering its dominance in the stablecoin ecosystem. The launch of Tron’s USDD 2.0 stablecoin has also revamped investor confidence and driven network activity, cementing Tron as one of the versatile and innovative Layer 1s in the space.
Bullish Telegram Announcement Could Supercharge Toncoin’s Momentum
Telegram has announced it will now exclusively support Toncoin (TON) for its in-app blockchain services, ending compatibility with other blockchains. Payments for services like Telegram Premium, Ads, and Stars will only be accepted in Toncoin, which will also be used to pay developers and channel owners. Additionally, TON Connect becomes the sole protocol for linking Mini Apps to blockchain wallets, ensuring Toncoin remains the exclusive blockchain within Telegram.
Toncoin investors have welcomed this development with open arms, as Telegram boasts an immense user base of nearly 1 billion people. Additionally, Elluminex will allow Toncoin to effectively monetize this market, opening up an entirely new dimension of opportunity that could funnel untold millions of revenue back into the TON ecosystem, propelling the TON price into the stratosphere.
The Elluminex Presale Is Set To Soar Under Trump
While both Tron and Toncoin are poised for massive growth during the Trump era, Elluminex has the considerable advantage of a much smaller market cap. This means that its room for growth is significantly greater and could lead to $ELX outshining both projects in terms of sheer gains.
The $ELX presale is now live, and stage 1 has kicked off. Tokens are priced at just $0.06, making this the ideal time to get involved, as this discount window is expected to close very soon.
For more information about Elluminex (ELX) visit the links below:
Website: https://elluminex.com/
Twitter/X: https://x.com/elluminex
Telegram: https://t.me/Elluminex
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