With every passing day, Tron, the 11th largest cryptocurrency at the moment keeps on establishing itself as one of the most reliable projects in the market with its continuous exciting updates and developments popping up on the sphere. The Sun-led cryptocurrency has managed to succeed in developing many partnerships throughout the year, the fact that tells us about the growing popularity of the foundation and its influence on the crypto-mania.
Being a blockchain project that has had tremendous success in the Dapps sector in recent times with the influx of tremendous amount of top-notch developers, Tron, is considered as the crypto of the near future. Just last week, Binance, the leading crypto exchange in the mania, published its in-depth Institutional-Grade report on Tron in which it acknowledged the fact that Tron’s TRX has a lot of potential for growth in the future.
It made this opinion by witnessing the company’s success in attracting top-tier developers to the platform, in the result of which 407 Dapps have been deployed on the company’s blockchain in no time (to be specific, in 200 days only).
That being said, Justin Sun and his team are working tirelessly in forging associations and collaborations with other companies and businesses to enlarge its scope and yield innovations in various sectors. For instance, it got enlisted on one of the largest crypto-exchange from Europe, Bitpanda, a couple of days ago.
The cryptocurrency making it to the exchange upon getting the highest votes in favor of the decision by the exchange’s huge user-base speaks about the influence and popularity the crypto has managed to add to its name in the crypto-sphere.
News of the Day for Tron Enthusiasts
Yesterday, Justin Sun, the creator and CEO of Tron announced on its official Twitter handle that TRX is now available for trade on a renowned Chinese crypto wallet, RenrenBit.
The CEO’s tweets read:
#TRX is available on RenrenBit. A wallet that supports multiple cryptos including #BTC, #ETH, #USDT etc. #TRON $TRX pic.twitter.com/ifguTYDeXh
— Justin Sun (@justinsuntron) May 2, 2019
As one can imagine, the news brought a leap of smile amongst the community as it strengthened their beliefs over their beloved crypto and its authority’s capabilities in fulfilling their promise of providing the community a reliable and efficient experience of trading.
One Tron believer who uses the @abdurhmangamil handle on Twitter appreciated the news-bearer as follows:
This is amazing! Great job 👏
— Gameel (@itsGameel) May 2, 2019
Tron at the moment
With Bitcoin, the mother of all cryptos, reaching to its highest 2019 price mark ($5,5,841) after waiting patiently for 7 months, the crypto market looks good today for all the cryptos.
Besides few (lesser known) cryptos, almost all the significant cryptocurrencies in the market are trending in green. Sun-led Tron after gaining 2.36% hike in the past 24 hours, is available for trade at 0.02426. It is important to note that the current price mark is attained by the crypto after struggling for almost 10-12 days. As the crypto is predicted to be good for short-term investors in the ongoing month, the present signs of the trends are definitely in favor of the Tron.
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.