When it comes to Ethereum and Tron, nothing comes in mind than the sweet rivalry that has been known to take roots between the founders of the respective cryptocurrencies. However, while speaking recently at Crypto Chick podcast, Justin Sun revealed that a partnership between the two is most likely to go down.
Ethereum (ETH) Likely to Partner Tron (TRX)
What a partnership this will be!
Tron CEO Justin Sun hinted that a partnership with Vitalik Buterin’s Ethereum would happen even this year. That will be received by surprise by many in the crypto space, but then everyone will long to see it unfold.
Besides, it would be a vast collaboration which will surely make the industry even better. Their networks are already doing great and having them combined with their push on dApps it will only mean a massive network for developers.
Both Cryptocurrencies Spike
The hint from Justin Sun may have come merely two days ago, but the prospect of Tron partnering with Ethereum have started to show some signs of an upward trend.
Today, again, both of the cryptocurrencies (Tron and Ethereum) have seen a massive spike. For instance, Ethereum reinstated its position as a top altcoin in the market by shooting up by 7.34%. On the other hand, Tron saw a 7.42% increase in price.
Tron is tasked to get back to its slot in the top 10 cryptos list, and it will have to do whatever it takes to achieve, even if it means collaborating with a close rival.
Tron founder Justin Sun hinted at a possible official partnership with Ethereum in a recent interview. If you can’t beat them, you should join them, right? #JustinSun #Tron #Ethereum #ETH
— Weiss Crypto Ratings (@WeissCrypto) April 8, 2019
Currently, the two close rivals are the only coins which have marked the highest increase among the top-20 coin list. The market is firm at over $180 billion, and the giant crypto bitcoin (BTC) is getting even closer to $5,300 mark.
The coins have increased with Ethereum pushing up by 10% to hit around $180. Since the hint, ETH has received a massive increase of about $2 billion and the current market price is at $18.9 billion – closer to its $20 billion which it hit before the November 2018.
For Tron, the price also increased to $0.030 from a previous $0.0268 within hours. Its market cap also followed suit to reach $2 billion.
Demand for #USDT–#TRON is tremendous across the world! #BTT https://t.co/PjFatxEqBV
— Justin Sun (@justinsuntron) April 6, 2019
Clearly, a partnership will improve the user’s experience as well as build the two technologically and the industry at large. If the partnership does happen, 2019 might be the best year for both cryptos since their creation. Perhaps, also we may see an end to the arguments about which one of them is better, and only then will the rivalry come to an end. But until that happens, let the competition roll.
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.