Bitcoin, Mantra and Tron Lead Address Profitability

A new insight from an IntoTheBlock (ITB) chart tracks the number of Bitcoin, Tron and other altcoin holders in profit based on their purchase price. If a high percentage of addresses are in profit, it means the coin has performed well over time. This helps traders and investors understand market trends and a cryptocurrency’s position.

According to the ITB data, Tron (TRX), Mantra (OM), and Bitcoin (BTC) are the crypto with the highest address profitability. This means that traders who own these tokens are likely in profit. 

The Mantra Ecosystem Potential

Based on the ITB data on X, Mantra (OM) is showing great potential as one of the best-performing cryptocurrencies. ITB data shows that the token has over 91.93% of its holders in profit. This is largely due to its focus on staking, real-world asset (RWA) tokenization, and decentralized finance (DeFi). 

In addition, Mantra grants people trading the token the opportunity to earn rewards by staking their assets. It also offers services that connect traditional finance with blockchain. OM is currently trading $7.04 atop a market capitalization of $6.88 Billion. 

It is important to add that as more investors look for ways to digitize real-world assets, Mantra’s ecosystem could continue to grow as an important player in Web3.

The Tron Stablecoin Advantage

Tron (TRX) has the highest percentage of profitable addresses at 93.9%, which shows how well it has held value. One of the main reasons behind this is Tron’s strong presence in the stablecoin market. USDT transactions on Tron have surpassed those on Ethereum because Tron’s network offers lower fees and faster transactions. Many users consider it a preferred choice for stablecoin transfers.

According to market data, Tron is trading at $0.2438, with close to a 1% increase in the last 24 hours. Meanwhile, its current price is stable despite market fluctuations. Since stablecoins are widely used for payments and trading, Tron’s role in crypto is expected to remain strong in the coming years.

Last January, Howard Lutnick, Donald Trump’s Commerce Secretary, advocated for stablecoin regulations in the US. This might favor Tron much more in the long term.

Bitcoin and Crypto Reserve Hype

In addition, Bitcoin (BTC) remains one of the most profitable assets, with 88.59% of its addresses in profit. 

Notably, this is driven by institutional interest, Bitcoin ETF, and its reputation as a digital store of value. Many companies and investors are considering Bitcoin a reserve asset, similar to gold, which increases its long-term appeal.

More importantly, President Donald Trump’s recent announcement regarding the inclusion of Bitcoin in the national crypto reserve has also fueled the coin’s rally. For now, market cap data shows that BTC is currently trading at $90,090.70, up 6% in the last 24 hours.

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Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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