JustLend DAO, the largest DeFi protocol on the TRON blockchain, recently received inflows of over 3 billion TRX, valued at $465.2 million, from a series of whale transactions. In four transactions, unidentified wallets transferred a total of 3,037,916,172 TRX, two of which exceeded 1 billion TRX. These tokens can be used as lending collateral, allowing the whales to access stablecoins for further investments.

This activity coincides with the broader recovery of the TRON ecosystem and TRX price increases, though it is unrelated to any governance proposals. JustLend now holds 14.31 billion TRX as collateral, generating up to 12.74% in passive income for users. TRX’s recent price resurgence, now at $0.1544, shows promise for continued growth, with potential to hit $0.2.

TRON’s DeFi ecosystem remains robust, currently hosting $7.73 billion in total value locked. Show Less