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With Tron foundation, you’ll never run short of great news each passing day.

This time around Tron is on its way up breaking every record on its path. If you thought Tron’s daily transactions were to stop at around 3 million, think again.

New Record Set

It all started a few weeks ago when Tron surpassed the daily transactions for its competitors Ethereum and EOS combined. At that time, it was reported that Tron had recorded more transactions daily than both ETH and EOS.

That was showing dust to its rivals. Perhaps, at the moment, it may be just more than showing them some dust. Reason being, yesterday, TRON processed 4.27 million transactions (yes, more than four million in one day). Clearly, that is a new record set for the currently 11th placed crypto.

Everything great ….. but still the price is the same…..

— Luigi 70 Qat (@luigi70Qat) March 27, 2019

Literally, each day marks an opportunity for Tron to grow and extend its chances of becoming one of the best crypto or even at least get into the top ten as fast as possible. Therefore, hitting such a significant milestone is a perfect indication that Tron has got everything in its locker to scale as well as smoothly process large amounts of TRX.

Price is next

We can all agree that Tron is growing powerful as per the developments it’s undertaking. However, one thing which has not been impacted by all these activities going on is the price which remains at merely 2 cents.

You won’t be crucified by saying that the rapid growth of the daily transactions has been as a result of the positive developments with the house of Tron such as forming partnerships as well as getting listed on various exchanges. And of course, as more and more Dapps are being built on Tron now, that’s firing the transactions up too.

Therefore, we can be optimistic also that it’s a matter of time before the price shows an upward graph. However, for now, in terms of transactions per day, Tron has all the bragging rights and still showing no signs of going down.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

A shrine in memory of Ethereum and Vitalik Buterin build by Justin Sun? Who will not want to see that unfold?

The Ethereum-Tron competition is no secret to any crypto enthusiast. Vitalik Buterin and Justin Sun have been on each other’s necks not once since a long time, and it seems the jabs will not come to an end any time soon.

The Sarcastic Monument

So far, the two have attacked each other concerning their crypto ecosystems, and the latest slur is from Sun who claims to build a shrine “in memory of Ethereum and Vitalik Buterin.” According to Sun, if Tron succeeds, a monument will be erected in memory of Ethereum and Vitalik Buterin to remember his contributions to the blockchain industry.

Perhaps, Sun’s remarks sound sarcastic, but who knows maybe Justin is serious. Then again, over and over again we’ve seen him claim that a day a would when Tron will overtake Ethereum. Therefore, Sun may be heating the rivalry to ensure he pushes Tron up rapidly.

Hitting back

Tron and Ethereum are competitors, and such jabs are welcome. Perhaps, Sun’s comments might have been triggered by Buterin’s latest comments whereby he stated that he would lose some specific amount of hope for humanity in case Tron overtakes Ethereum.

The comments were made when he was speaking about ETH losing their rank and stated that the new projects would help it grow.

Furthermore, Buterin made it clear that ETH’s main competitor would definitely be  Ethereum’s “sister network.”

For Justin Sun, Tron is way better that ETH giving reasons that its fees are lower meaning development costs as well are low. Tron also offers bandwidth to users, and it has better tech, too.

Mixed Community Reactions

As expected, people cannot stay out of the picture and not react to this kind of jabs. While some people were enthusiastic, few were not impressed. For instance, crypto analyst Misha Lederman offered his opinion stating that instead the real question should be “when” and not “if” Tron will surpass Ethereum.

https://twitter.com/2ez28u/status/1109925811195277312

Nevertheless, let’s not forget that it was not too long ago when Tron’s daily blockchain operations surpassed those of ETH and EOS combined with even more daily transactions by volume.

So, whether Tron will be better than Ethereum is only something for the future, but for now, we’ll have to continue enjoying the jabs as not any one of them is ready to throw the towel. And yes, the competition is healthy for the crypto space in general.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

The new partnership between Tron and issuer of stablecoin USDT, Tether which saw the introduction of USDT into the Tron network, receives a considerable boost.

The USDT-Tron tokens are interoperable with each Tron-based protocol as well as decentralized applications (Dapps). Also, it allows the exchange and transaction of fiat-pegged coins across the blockchain.

So, we all know there are many advantages of the Tron-based stablecoin, it has now got the support of best Tron wallet, TronLink.

TronLink to Support USDT-TRON

TronLink is an easy way of accessing the Tron blockchain, and because it’s a browser extension, it’s able to connect website content into a secure platform whereby one can receive, send, and sign transactions effortlessly.

Therefore, in ensuring they meet the needs of all users for stablecoin trading, TronLink Chrome Wallet as well as TronLink App Wallet has announced the support of Tron-based USDT tokens.

Besides, in the meantime, the TronLink wallet will, also, support the airdrop plan for USDT-TRON holders as well as the one-click exchange function for the USDT-TRON trading.

#TronLink will support USDT-TRON. Relevant one-click switch and airdrop function are on Roadmap now. @Tronfoundation @justinsuntron $TRX #TRX #USDT https://t.co/WLTLudo7F9

— TronLink (@TronLinkWallet) March 26, 2019

A boost for mass adoption?

The relentless push by Tron foundation for mass adoption is no secret. Hence, an announcement of such a magnitude of TronLink supporting the newly formed USDT must sound like a significant boost with the objective of mass adoption.

The presence of USDT-TRON tokens on the platform is meant to make the transactions faster as well as free-of-cost (almost), and at the same time improve the use-cases of the stablecoin. There has been good news all around surrounding Sun-led blockchain project, and as many of them keep coming, we can expect to see some significant impact on its price soon.

When will the price go up? We hear you ask. We do not know. Knowbody knows. But the only thing we are optimistic about is, it will go up. Good things take time; adoption takes time. Let’s stay positive and keep in touch with daily Tron news.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Are blockchain and cryptocurrency finally getting the recognition required?

Blockchain may not be a new concept, or perhaps it can be for some. However, the big question has to be whether folks understand what it means or even what it entails. Slowly but steadily blockchain technology is getting more integrated into the society, and it’s a no brainer that it has to be understood what it’s capable of doing.

Tron to the Rescue

We can agree that the world is moving into blockchain. Therefore, it’s for this reason that Tron is implementing the Educational Events Series.

The main agenda of Tron is to act as an educational leader by sharing knowledge of cryptocurrency and blockchain to the general public via several channels such as conferences, events, social media and many more.

The First One Already Done

Tron has wasted no time with their educational event series as they have already carried out the first event. The event took place on March 7, 2019, in San Francisco and was attended by over 40 people. The primary purpose of this event was to spread awareness as well as educating individuals on the potential of the technology.

Education is the path to mass adoption 💪

— Andre de Villiers (@AndredeVillier) March 26, 2019

The best way for people to make use of the technology is when they fully understand it, and hence Tron aims to break that barrier so that people can make use of the blockchain in their daily activities.

Nevertheless, through the process, Tron is sure to gain mass adoption as it will be almost certain that much of the teachings will involve Tron itself.

Tron’s speaker panel includes veterans Chris Eberle, Chief Operating Officer of Swarm who had also held leadership in Media as well as Marketing at Facebook.

Another veteran is Cecilia Li, communications and Investment Director at OKCOIN U.S. Finally there is Kevin Ding, Managing Director at DHVC (Danhua Capital). Evidently, the team is composed of not only capable individuals but also people with experience.

Highlights of the Panel and the First Industry to Adopt and Embrace Blockchain

Several misconceptions of blockchain do exist. The most significant is the believe most people have that Bitcoin is actually blockchain to the extent that the terms are used interchangeably. To the contrary, cryptocurrency or bitcoin is merely an application of blockchain technology.

Also, people want to get rich overnight and believe that buying cryptocurrency is the way to go. The fact that blockchain is the next big thing doesn’t mean getting rich overnight but similarly will have to take some time to achieve.

In field after field, #TRON is leading the way for others to follow:

🎮 Gaming – @TRONArcade $100M game fund
📚 Education – Event series on blockchain & partners w/ San Jose Uni
💰Institutional investors – Implementing multi-signature & partners w/ @BitGohttps://t.co/OtjUMZ6CqH

— Misha Lederman (@mishalederman) March 26, 2019

Finance Industry to Get its Foot Deeper First

Over the past years, we’ve seen big players like PayPal and Square process significant volumes of crypto payments. Therefore, the finance industry has been tipped already to adopt as well as embrace blockchain entirely.

Nonetheless, blockchain is here to stay, and with the world realizing its importance chronologically, everything is getting in place to make it known to everyone. Furthermore, universities are now offering blockchain classes such as New York University, the University of California and many others.

Also, the fact that Tron has already partnered with the San Jose State University for enhancing the educational events, sooner or later blockchain will not be a new name.

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Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Down but not out. The 10th position might have been taken already, but it seems like it will not be long enough before the previous owner reclaims it.

eToro Lists Tron

The United Kingdom-headquartered and leading social trading platform, eToro has announced support for Tron (TRX). By being listed on eToro, it means that now Tron (TRX) will become available for trading to more than 10 million users who are present on the platform. Previously, the platform had announced that it would provide crypto trading services to users across 32 states in the US.

Besides, the addition of Tron to the company’s platform means that now eToro has a total of 15 crypto assets available for trading. The other assets include bitcoin, bitcoin cash, Ethereum, XRP, Ethereum classic, Litecoin, Stellar, Dash, Cardano, NEO, EOS, BNB, IOTA, and ZCASH.

So now, the users will be able to sell and buy TRX easily with fiat through the likes of PayPal, VISA, UnionPay, MasterCard, Yandex Wallet, and Webmoney among other significant payment platforms available.

Moreover, there’ll be an addendum for TRX as it will be added to eToro’s Crypto Portfolio which then will enable the investors to diversify crypto holdings across other available crypto assets in the platform.

The Ambitious Tron

Apparently, the reason for adding Tron to their trading platform is because the team behind eToro believes that Tron is an ambitious multi-faceted project which is striving to ensure a decentralized internet.

We are pleased to announce that we’ve added another cryptocurrency to our ever-growing selection of crypto assets: Tron.#TRON #TRX $trx

— eToro (@eToro) March 25, 2019

According to the CEO of eToro, Yoni Assia, Tron has already an evident success behind and that it’s making rapid progress towards lofty ambitions as well as already garnered the crypto community’s attention.

The Salient Reason to Reclaim Its Position

Over the past months, Tron has not failed to hit the headlines with a development. Rightly, there have been many partnerships flowing in. However, the asset also witnessed a setback in its ranking. Tron was outstripped 10th position by Cardano (ADA).

Interestingly, the contest seems not to be over yet.

Tron CEO Justin Sun knows well like everyone that gibbering more moves is the only way of getting back their position or even moving further up. At the moment, the contest is close as Tron has a market cap of $1.537 billion while Cardano is at $1.54 billion. Currently, Tron trades at $0.023 which is up by 1.3% over the last seven days. Things are within reach of Tron.

The listing by eToro means Tron is open to new users who are over 10 million on the platform and given that Cardano had been enjoying that advantage, Tron matching it as well gives it an extra push for mass adoption.

Furthermore, Tron planning to add 1 billion BitTorrent users to its network is a massive potential boost that will plainly see it overtake Cardano soon (again). Tron Founder and CEO, Justin Sun is not concerned about the drop in ranking as he points that trading on eToro platform gives investors a reason to Hodl TRX and hence help in its growth as well as expansion.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

Whale alert! Several factors can draw the attention of crypto users, but nothing gets that more attention than the cases when some considerable amount of crypto gets transferred between addresses. This time around the big fish has gone for Tron (TRX).

The whale buys 30,000,000 TRX first and then 50,000,000 more

Yesterday, some crypto-watch pointed out that a big fish purchased a significant amount of Tron’s TRX. According to reports, 30,000,000 TRX (equaling about 719,554 USD) were transferred from Binance to an unknown wallet.

30,000,000 #TRX (719,554 USD) transferred from #Binance to Unknown wallet

Tx: https://t.co/Ldnhu0K62Z

— Whale Alert (@whale_alert) March 24, 2019

It remains in the dark as to who owns that Binance wallet as well as the address to which the TRX was transferred. What is most interesting is the timing at which the event occurred. At the moment it will be difficult to deny the fact that Tron is keeping a pace upwards with the cryptocurrency managing to see the price rise to around $0.025 mark.

50,000,000 #TRX (1,199,257 USD) transferred from #Binance to Unknown wallet

Tx: https://t.co/6451tGk4tj

— Whale Alert (@whale_alert) March 24, 2019

Tron ecosystem FOMO – But What Might Have Attracted the Whale?

So, it all pretty much points to the fact that Tron ecosystem FOMO might be ahead. If you’re a crypto enthusiast, then you must be aware that the Tron foundation has been a foot ahead with various significant developments each passing day. Therefore, the recent Tron eye-catching events might have been the reason behind the whale taking the significant step.

The Promising Rank

First, Tron being ranked among the top 10 most valued cryptocurrencies without a doubt has to be an investor’s consideration. It means that it’s relatively not an unknown cryptocurrency, and its volumes steadily are on the rise hence making it easier for investors to pick.

Tron Partnerships

Is there any crypto that beats Tron in making partnerships in such a short space of time? Maybe there’s none, yet. Cryptocurrencies grow through the number of significant partnerships they develop with various companies.

For Tron, the numbers are ticking and growing as every day passes. We all saw it unfold as they launched the main net and now adding a plethora of partnerships chronologically. It’s getting more rooted in the entertainment industry with different alliances. For instance, the Sun-led blockchain has partnered with Bitmain and Game.com.

Furthermore, it has stretched into the sports industry by partnering with vSports. Speaking for the prime use cases, the Tron Foundation is creating a platform for content developers where they easily share the content. Other partnerships that the coin has made include Shiftmarkets partnership, OTCBTC partnership, BitForex partnership, and D2F partnerships.

The Listing on Various Exchanges

Evidently, Tron is differentiating itself from the rest as well as setting a milestone almost every week. We see the coin getting listed in a particular exchange each day nearly every day for some time now. In fact, up to now, it has been listed on more than 70 exchanges which imply that the coin is well received and probably the next big thing.

Moreover, Tron Foundation is looking to implement some other major developments to their Tron Network in the next quarter. BitTorrent speed is one of them whereby BitTorrent Token (BTT) will be implemented. Also, there’s the institutional-friendly multi-signature and account management for attracting giant investors.

Furthermore, the new privacy feature that will be implemented for transactions might have been a significant attraction point for the whale as well. That certainly can be a good Tron ecosystem FOMO reason ahead.

Nevertheless, much has happened with Tron and for now, it seems the positive news within the platform will continue to surge even if the price doesn’t for some time. So, the whale probably has followed all the developments closely, and the pointer head is in one direction-upwards. Whether Tron is the next big thing or not only the time will tell, though. We can just see solid fundamentals.

Image courtesy of Pixabay.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.