Justin Sun ended his tweeting year recalling how successful it was for his project, as it managed to keep growing when so many other blockchain projects had to shrink because of the bearish market. In that regard, Tron stood up among all others by keeping their growth rate up and delivering in time every announced milestone in good conditions.
Tron will grow strongly in the future because it laid a strong foundation in 2018.
The last year (2018) was cataclysmic for the cryptosphere. Some crypto coins faced such great adversity from traders and investors that they were just bashed in terms of price. But the year, bad as it was for the market, saw a few critical projects develop their fundamentals swimming against the current. Tron was one of those.
Tron had great results along the year. It kept to its plan, and it delivered on every milestone in time, despite the terrible market environment. Looking back on 2018 Mr. Sun had this to tweet:
Mr. Sun’s tweet points out at the key achievement in Tron’s network for last year. Not in terms of the project’s successful development but also thinking about long-term strategic progress.
In 2018 Tron was able to develop its very own network (called MainNet) to become independent from Ethereum. This was just the beginning. It’s worked amazingly well, and the community is not missing Ethereum at all. In only 183 days as a completely independent project, Tron was able to achieve all the following things:
- Higher transaction volume than Ethereum.
- More active accounts than EOS.
- More than a million registered users in barely half a year.
- More than 80 decentralized applications after only two months of launching its Virtual Machine (TVM), which is the dApp development environment.
- A spot in the world’s top ten cryptocurrencies by market capitalization.
Those feats are all very relevant, and they attest the hard work done by team Tron all year long, but Mr. Sun is not ready to rest on his laurels despite that much success. He wants a lot more, and he already published the project’s goals for the new year. Here’s what he wants:
- To get into the top four currencies by market capitalization.
- To make Tron ecosystem’s larger than Ethereum’s.
- To complete Project Atlas (to integrate BitTorrent into Tron’s blockchain).
- To make Tron the largest decentralized environment in the world.
Some of these goals are obviously quite ambitious, but ambition has been Tron’s hallmark since day one. And the way the team has performed for the last twelve months just shows that all those new goals for the new year are within the Tron’s community reach if they keep working as hard (and as smart) as they have for the last year.
Tron is a project with great ambition but also with solid fundamentals, and it’s managed to grow in a highly speculative and adverse environment. Keep an eye out for Tron on the new year, started today. Perhaps you’ll be as surprised as we are.
Image courtesy of PixaBay.