Since this month of May began, Tron Foundation, creator of the namesake crypto which is, at the moment, the 11th favorite asset of the crypto market (in terms of market capitalization), has been in the limelight of crypto-mania announcing staggering achievements landed by the blockchain company.
According to the recent news officiated by the Foundation, previous week Tron saw its smart contracts to increase by 100 reaching the mark of total 877. It’s not a piece of surprising news since it’s MainNet launched (last June), Tron’s smart contracts are gradually increasing in numbers because of the networks’ growing popularity.
The astonishing achievement of the rapidly growing blockchain does not just halt there, according to the weekly Dapp report published by the foundation, the past week has seen a sharp increase in its Dapps sector. Along with three new games, the total number of Dapps deployed on the blockchain is 39 (since the previous week).
Because of this sharp growth in the Dapp division of the platform, reportedly 33% growth has been witnessed in the 24-hour trading volume of the crypto which stood at 505,000 at the moment the report was made public.
Justin Sun also proclaimed recently that while other blockchain companies are cutting off their staff because of the increasing pressure and intimidation of the bear hugs, Tron, on the other hand, enjoys considerable success. He declared that instead of following the suit (unnecessary), Tron has been employing a new talent in every two days.
Tron’s Block Height reaches the 9M Mark
It seems that the Tron-backed crypto’s notable achievements are not over for the week. According to Misha Lederman, Tron’s Advisor to the Dapp Evolution Ecosystem, the crypto’s block height has exceeded 9 million already. He informed the crypto mania about the news a couple of days ago via his Twitter handle.
According to his tweet, the 11th largest cryptocurrency on which more than 400 decentralized applications are running (415 to be exact), has had a phenomenal day on May 6. Tron recorded 2.2 million transactions on May 6 along with the continuous addition in the crypto’s user accounts hit the 2.78M mark.
Will Tron reach 10th spot this month? Justin bets on It
Yesterday, Justin Sun, founder and the remarkable marketer of the crypto, used his Twitter handle to predict that Tron will be back in the top 10 list of the market by next month, June. He didn’t just stop there, the founder also predicted that BitTorrent Token (BTT) will also become one among the top 30 assets as 2019 Q2 ends.
If we look at the overall trends of the famously regarded unpredictable crypto-mania, Justin’s prediction seems achievable. Recent impressive strides of Tron put it pretty close to the 10th spot (just shy of approximately 60M), many crypto-maniac are therefore in favor of the Sun’s prediction.
BitTorrent Token (BTT), on the other hand, also has had a remarkable journey since its inception. In its first week’s trading only, the token gained 500% and continuously growing among the top performing digital assets in the market.
At the time of writing this piece, Tron is the only cryptocurrency that’s in the green out of all top 15. After gaining 2.36% in the last 24 hours, TRX stands at $0.02468 accumulating the market cap of $1,645,832,539.
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.