Recently, Justin S, the Founder and CEO of the Tron Foundation talked about the upcoming Odyssey 3.1 upgrade and its repercussions. The main point of Justin Sun’s discussion was the fact that the upgrade will result in Tron overtaking Ethereum and EOS when it comes to speed as well as cost effectiveness. He stated on Twitter:
“The TRON Committee function & TVM will go live, marking the start of the Smart Contract Era. TRON will be 200x faster vs. ETH, 100x cheaper vs. EOS. dApp developers & users, this one is for you! $TRX”
The talk about the upgrade comes in the wake of TRX being supported by multiple exchanges with the latest example being that of Bitfinex who has agreed to support TRX trading pairs with three popular fiat currency namely, the Pound, the Euro and the Japanese Yen.
Tron was languishing in the 13th position in the cryptocurrency charts but multiple developments and market disrupting ideas boosted TRX on the 11th place.