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You are here: Home / News / Tron News / TRON developments ramp again as total accounts cross another milestone
Tron

TRON developments ramp again as total accounts cross another milestone

November 4, 2019 by Ketaki Dixit

Tron and its Chief Executive Officer [CEO] Justin Sun, have made it a routine to ensure that the cryptocurrency world knows about its technical developments and updates. The main focus of the organization has been to “democratize the internet,” which has, in turn, been dedicated to empower and create new leaps on the Tron blockchain.

Sun recently took to Twitter to announce another milestone on the Tron blockchain, tweeting:

“According to @TRONSCAN_ORG, #TRON total accounts have exceeded 4,000,000.👏🎉🎊 #TRON onwards. #TRX $TRX”

Tronscan reported that the total number of accounts on the blockchain amounted to 4,015,527. At press time, the number of accounts was 4.019 million, a marked increase in the timeframe. The number of nodes was holding at 948, with the total number of transactions on the Tron blockchain at 1.83 million. The cryptocurrency community adheres to the notion that the increase in account numbers directly translates into blockchain engagement.

The news was met with great joy by the Tron community, with the majority saying that Tron’s technical developments were going hand in hand with the steep increase in the number of partnerships undertaken by the organization. While Tron had a significant jump in the number of accounts, the number of addresses on the Bitcoin blockchain was at 463,000. This comes after a recent bull run that resulted in almost all the cryptos spiking in value.

Tron and Samsung

Tron also received a boost from South Korean tech giant Samsung, after a partnership that now allows users to access Tron on its decentralized application store. Justin Sun described the deal as a 100 billion ‘megacorporation,’ with a focus on significant cryptocurrency adoption. He had hinted at the move a few weeks back, saying:

“TRON will partner with a hundred billion USD megacorporation next week. It will not only benefit $TRX but all TRC10&20 tokens including $BTT & $WIN etc. It will broadly distribute TRON Dapps and tokens to billions of customers. TBA. Make a guess?”

Despite the new reveals, Tron’s position on the cryptocurrency charts was still stagnant, currently holding at number 11. At press time, the Sun-led cryptocurrency trades for $0.019, with a total market cap of $1.28 billion. TRX holds a 24-hour market volume of $899.5, a slight increase obtained after the recent bull run.

Disclaimer: The presented information is subjected to market conditions 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.

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Filed Under: Tron News Tagged With: Justin Sun, TRON (TRX)

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