A recent report by Cointrend_JP revealed that TRON is the most mentioned cryptocurrency on Twitter in the last 12 hours. Surprisingly, it surpassed Bitcoin and Ethereum. Taking a look at the report, it is evident that crypto enthusiasts are more interested in TRON than any other cryptocurrency.
The report comes a few days after TRON achieved the 2 million accounts milestone on its network. According to the report, TRX had 466 tweets, BTC had 172 tweets, Ethereum had 101 tweets, XRP had 75 tweets, and USDT had just 21 tweets in the last 12 hours.
The main reasons for this are believed to be the TRON’s 2 million account milestone and the newly formed partnership between TRON Foundation and Tether to add USDT as TRC20 token on TRON’s network.
— COINTREND (@cointrend_jp) March 4, 2019
Tron is unstoppable
At the moment, TRON has become the top choice for Dapps developers in no time, and everyone is talking about it (no one can’t hide this truth). The blockchain achieved the 2 million account milestone just in 252 days after the launch of its mainNet last year.
It was also recorded that that TRON managed to get 70,000 new accounts interacting with TRX Dapps in the past two weeks, according to Ratingdapp. Other cryptocurrencies such as Ethereum just has 25,887 new accounts in the same time frame. Additionally, the two most popular Dapps games: Epic Dragon and Crazy Live Dogs in the crypto space run on TRON’s network.
TRON’s Partnership with Tether to Add USDT as TRC20 Token
TRON Foundation’s partnership with the Tether to issue a stable coin on TRON’s network allegedly rose the amount of TRON mentions on Twitter.
This partnership was first announced on March 4th; it was aimed to bring Tether’s USDT, which is valued at a single USD, to TRON’s network during the Q2 of 2019. It is important to note that this is one of the vital switches to TRON’s blockchain.
With the addition of USDT as TRC20 token, Tether (which is the 7th cryptocurrency by market capitalization) will become compatible with TRON decentralized applications and other stuff.
No doubt, this partnership is one of the biggest trends in the cryptocurrency space due to the fact that TRX and USDT users will be able to trade successfully on TRON’s network without no issues, thus, allowing the access to stable cryptocurrency when it comes to price volatility.
Given the fact that the price volatility of the crypto space is severe, the addition of a stable coin to TRON’s network is a welcome development which will surely give Dapps developers and traders some assurance when they transact on TRON’s network.
According to the press release, the main aim of the partnership is to boost the experience of “enterprise level partners and institutional investors,” allowing more flexibility and showcasing more ways on how to use the existing protocols on TRON’s network.
TRON is moving up to turn into one of the significant trends in the cryptocurrency space, its recent achievements: 2 million account milestone and Tether partnership are top ones that would go down in history.
Image courtesy of PixaBay.
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