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TRON Selected By US Department Of Commerce To Publish Economic Data Onchain
GameFi Guides

TRON Selected By US Department Of Commerce To Publish Economic Data Onchain

by admin September 3, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In the midst of heightened market volatility, Tron has once again captured global attention by securing a landmark partnership with the US Department of Commerce. The agency announced today that it has selected the blockchain as one of the primary networks for posting official economic data, beginning with the release of the second quarter gross domestic product (GDP) figures.

This marks the first time that official US GDP data has been published on a public blockchain, a move that underscores the growing role of decentralized technology in enhancing transparency and global accessibility of critical economic indicators.

For Tron, this partnership is more than symbolic—it highlights the network’s ability to deliver scalability, speed, and trust at a time when blockchain use cases are expanding rapidly. Processing billions in daily settlement volume and millions of transactions, Tron has steadily built a reputation as one of the most active and reliable chains in the industry.

By becoming an infrastructure partner for one of the world’s largest economies, Tron strengthens its position as a critical player in the future of data security and blockchain adoption. This development comes as the broader crypto market heats up, adding momentum to its long-term growth narrative.

US GDP Data Anchored on TRON Blockchain

In its latest press release, TRON confirmed a historic milestone for blockchain adoption: for the first time, a US federal agency has published official GDP data on public blockchains. The Bureau of Economic Analysis (BEA) reported a Q2 2025 GDP growth rate of 3.3 percent on an annualized basis, with the corresponding data hash permanently recorded on TRON.

The transaction hash — 3f05633fb894aa6d6610c980975cca732a051edbbf5d8667799782cf2ae04040 — now serves as an immutable record, ensuring that the information remains transparent and accessible to the public.

The US Department of Commerce selected TRON to record the SHA256 hash of the official GDP release, recognizing the network’s ability to deliver unparalleled scalability, speed, and efficiency.

TRON’s performance metrics underscore its readiness for this role. With more than $22 billion in daily settlement volume and over 8.8 million daily transactions, the network has established itself as one of the busiest and most reliable blockchains globally. Beyond serving as a financial settlement layer, TRON is now positioned as infrastructure for governments and institutions.

This partnership highlights a turning point for blockchain’s utility. TRON is proving that decentralized networks can safeguard sensitive data while granting global, open access. As markets continue to evolve, the integration of TRON into official economic reporting sets a precedent for how blockchain can reshape transparency, trust, and access to critical information worldwide.

TRX Testing Strength Amid Consolidation

TRON (TRX) continues to trade in a strong uptrend despite recent volatility, holding above the $0.33 level. The chart shows that TRX has maintained its bullish momentum since early 2025, supported by consistent higher lows and strong buying interest. After peaking near $0.36, the price has entered a short-term consolidation phase, with bulls working to defend key support levels around the 50-day moving average at $0.29.

TRX testing previous resistance as support | Source: TRXUSDT chart on TradingView

The moving averages reflect a healthy structure, with the 50-day positioned above the 100-day and 200-day, signaling that the broader trend remains intact. TRX’s ability to hold above these moving averages highlights the resilience of buyers, even as the broader market faces heightened volatility. If momentum strengthens, a breakout above $0.36 could open the door toward retesting higher levels around $0.40.

However, risks remain if TRX loses its $0.33–$0.32 support zone, which could trigger a deeper correction back toward the $0.29 demand level. With TRON recently making headlines for its adoption by the US Department of Commerce, fundamentals continue to support long-term growth. For now, the market is watching closely as TRX consolidates, with the next move likely to define its direction in September.

Featured image from Dall-E, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 3, 2025 0 comments
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US Commerce Dept. Puts GDP Data on Bitcoin, Ethereum and Solana Blockchains

by admin August 31, 2025



The Department of Commerce announced Thursday it has begun uploading its GDP data onto nine blockchain networks, and will also enter partnerships with decentralized oracle networks Chainlink and Pyth to integrate U.S. macroeconomic data within the decentralized finance (DeFi) ecosystem and the broader crypto economy. 

The department’s GDP data release for Q2 2025 has already been uploaded to Bitcoin, Ethereum, Solana, and six other blockchains: Tron, Avalanche, Stellar, and Ethereum layer-2 networks Polygon, Arbitrum, and Optimism. They were aided in that effort by crypto exchanges Coinbase, Gemini, and Kraken, the department announced.

Chainlink confirmed to Decrypt that the company was not involved in the effort to upload the GDP data directly onto those networks.

Going forward, the partnerships with Chainlink and Pyth will enable the dissemination of verified U.S. government data—including GDP statistics, the inflation-tracking Personal Consumption Expenditures (PCE) Price Index, and Real Final Sales to Private Domestic Purchasers, a key measure of economic demand—across the DeFi ecosystem.

The initiative marks the first time that a federal government agency has ever published economic data on-chain. Commerce Secretary Howard Lutnick—whose Wall Street firm, Cantor Fitzgerald, is deeply involved in the crypto economy—teased the move at a White House cabinet meeting earlier this week.

What is the purpose of such an integration? Answers vary. Pyth, in announcing the partnership with the U.S. government, hailed it as a step towards “increas[ing] confidence in public information systems” through data transparency.

Chainlink more specifically celebrated the ways in which U.S. government data will now be able to be used to fuel and support DeFi activity. The company said Thursday the verified data will soon support related prediction markets, encourage the development of new types of crypto assets, and increase the adaptability of tokenized assets, among other use cases.



The Department of Commerce did not immediately respond when asked by Decrypt what tangible benefits its new on-chain initiative will offer the federal government, versus other means of data publication.

“It’s only fitting that the Commerce Department and President Donald Trump, the ‘crypto-president,’ publicly release economic statistical data on the blockchain,” Commerce Secretary Lutnick said today in a statement. “We are making America’s economic truth immutable and globally accessible like never before, cementing our role as the blockchain capital of the world.”

The companies involved in today’s announcement have already benefited mightily from it. Pyth’s native token, PYTH, exploded by some 69% in value within minutes of the news breaking—a gain worth nearly $1 billion, in terms of the token’s fully diluted valuation.

Chainlink (LINK) popped a more modest 7.6% to $25.82, before settling back down to $24.76 at writing. The price gain was still, given LINK’s value, worth over $1.8 billion. The token notably, however, has surged over 40% in the last month—a pump worth over $7 billion.

Chainlink co-founder Sergey Nazarov has been a vocal supporter of the Trump administration’s crypto embrace this year, and attended both a White House crypto summit in March as well as President Donald Trump’s signing of the stablecoin-focused GENIUS Act there last month. 

“I just want to express my deep gratitude,” Nazarov told Trump at the crypto summit, “for the seriousness with which you are approaching our industry.” 

Editor’s note: This story was updated with additional details after publication.

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August 31, 2025 0 comments
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U.s. Commerce Dept To Publish Gdp On Blockchain
GameFi Guides

U.S. Commerce Dept to Publish GDP on Blockchain

by admin August 26, 2025



The U.S. Commerce Department will start posting important economic data, including GDP reports, on the blockchain directly. Commerce Secretary Howard Lutnick made the announcement at a White House cabinet meeting, describing it as a move toward greater efficiency and transparency.

Lutnick indicated the change begins with GDP but potentially could go across agencies, providing markets and the public quicker, tamper-evident access to federal data. 

“The Department of Commerce is going to begin publishing its stats on the blockchain because you are the crypto president,” he informed President Trump.

By putting data on the blockchain, the government seeks to lower the risk of fraud, increase confidence, and offer real-time figures verified in real-time. 

The action comes after recent U.S. initiatives incorporating blockchain technology into economic infrastructure, such as the GENIUS Act endorsing stablecoins.

According to analysts, blockchain-reporting can increase investor confidence and represents one of the largest government endorsements of the tech.

Also Read: Indian Govt to Adopt Blockchain for Digital Commerce, Land Records



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August 26, 2025 0 comments
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US Commerce to publish GDP data on blockchain, says Lutnick
Crypto Trends

US Commerce to publish GDP data on blockchain, says Lutnick

by admin August 26, 2025



US Commerce Secretary Howard Lutnick said the Department of Commerce will begin publishing economic statistics, including gross domestic product (GDP) data, on the blockchain.

Lutnick made the announcement during a White House cabinet meeting on Tuesday, describing the effort as a move to expand blockchain-based data distribution across government agencies. Speaking to US President Donald Trump and other government officials, he said:

“The Department of Commerce is going to start issuing its statistics on the blockchain, because you are the crypto president, and we are going to put our GDP on the blockchain so people can use it for data and distribution.”

Lutnick said the initiative will begin with GDP figures and could expand across federal departments after the Commerce Department finishes “ironing out all of the details” for the implementation.

Related: US Treasury’s DeFi ID plan is ‘like putting cameras in every living room’ 

Global adoption shows blockchain’s potential for governments

Other governments have already adopted the technology in public administration.

In 2016, Estonia’s government integrated Guardtime’s KSI blockchain into its e-Health system to secure over a million patient records. The same infrastructure now underpins parts of its digital ID network, making the Baltic nation an early pioneer.

In 2018, the European Commission and the European Blockchain Partnership launched the European Blockchain Services Infrastructure (EBSI), a permissioned network built on Hyperledger Besu. Member states such as France, Slovenia and Denmark host validator nodes, giving it a decentralized structure designed to deliver cross-border public services that are verifiable and trustworthy.

In 2021, Singapore and Australia trialed a blockchain system to issue and verify cross-border trade documents, reducing paperwork and cutting costs. And in 2024, California’s Department of Motor Vehicles digitized 42 million car titles on a permissioned Avalanche blockchain to curb lien fraud and streamline vehicle transfers.

Before his fallout with US President Donald Trump, Elon Musk floated the idea of running parts of the US government on the blockchain, a proposal that drew comparisons to Europe’s EBSI project.

Related: GENIUS Act to spark wave of ‘killer apps’ and new payment services: Sygnum

Blockchain can record data, but can’t control its accuracy

The plan comes as Trump has repeatedly questioned the reliability of US economic data. 

In April, he downplayed a 0.3% first-quarter GDP contraction as a tariff-driven blip, and in May, he dismissed a Congressional Budget Office forecast of 1.8% growth as biased while predicting the economy could expand by as much as 9%.

On Aug. 1, Trump fired Bureau of Labor Statistics Commissioner Erika McEntarfer after a July jobs report showed only 73,000 new positions and sharp downward revisions to earlier months, accusing her of releasing “rigged” data and sparking alarm among economists.

As Cointelegraph has reported, blockchain offers governments advantages for handling data, from tamper-proof recordkeeping and secure digital identities to transparent information sharing and auditable transactions. 

However, while the technology can secure how data is stored and shared, it does not address the accuracy of the data itself.

Trade Secrets: Elon Musk Dogecoin pump incoming? SOL tipped to hit $300 in 2025



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August 26, 2025 0 comments
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