The cryptocurrency space is abuzz as Tron (TRX) has taken a commanding position, experiencing its highest dominance among top cryptocurrencies. With Bitcoin’s dominance dipping below 60%, TRX saw a significant spike in its market share. This surge reflects growing interest in the platform, specifically within DeFi. Analysts attribute this to the expanding decentralized finance ecosystem and increased institutional involvement. TRX’s dominance has seen a remarkable jump from a weekly low of 0.76% on Tuesday to 0.81% at time of observation, marking a significant increase of roughly 12%. TRX price rallied more than 5%, reaching $0.29, while still down almost 2% compared to its opening price.