Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Tron (TRON): Recent Developments, Community, Future Events

CryptocurrencyJun 27, 2021 12:30AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
Tron (TRON): Recent Developments, Community, Future Events

  • In recent weeks, Tron has had an impressive showing thanks to the recent developments around the network.
  • Tron processes more transactions per second than Bitcoin, Ethereum, and even Cardano.
  • The network has gained a new milestone of over 5.26 million active users with the daily transaction count reaching new highs.
  • Tron is trading at $0.07266 and looks to gain more in the face of impressive developments.

Tron, one of the largest blockchain operating systems in the Cryptoverse, has gathered a lot of momentum in recent weeks. The project has the innovations of the development team and loyal community around it to thank for the steam that it has gathered.

The Tron community showed why it has been described as one of the fastest-growing communities in the space after it crossed a new milestone of having over 5.26 million active users.

The sheer increase in active users had an impact on daily transactions as a new all-time high was set. Technically, the team has made significant strides after it was discovered that the network processes more transactions than Bitcoin and Ethereum.

Strong Community and Recent Development

Utility-wise, Tron has several interesting capabilities which have endeared it to its community. This has resulted in the meteoric growth of the network in recent months with the network notching another milestone in the bag.

Less than a week ago, it was announced that the network’s daily active users reached an all-time high of over 5.26 million. Similarly, the unique address count has broken through the 40 million mark.

The rise in active user count was directly proportional in reaching yet another accolade for the network as daily transactions reached a staggering high of over 6,224 million.

In more technical development, the Tron community on Twitter has disclosed that the network is ahead of the pack in terms of the number of transactions carried out per second.

Tron surpasses Bitcoin, Ethereum, Cardan, and even XRP. It is interesting to note that Tron has processed more transactions per second than XRP since the start of the year.

On the Flipside

  • CEO of TRON, Justin Sun has come out to clear the air on issues related to the governance of TRON.
  • Sun stated that TRON is a “decentralized network” and neither the TRON Foundation nor any director controls the network.
  • Sun has been accused in the past of lying to Holders about the governance of TRON

The Future of Tron

After putting up a strong performance with the recent developments, the future holds great promise for the network.

Following the announcement by the President of El Salvador that the country will be embracing cryptocurrencies, Tron has already taken the first steps to make the transition seamless.

Justin Sun, Tron’s CEO, revealed in a tweet that Tron is going to “become the first crypto organization to establish an office in El Salvador,”

Tron (TRON): Recent Developments, Community, Future Events
 

Related Articles

DailyCoin’s Crypto Memes of the Week #9
DailyCoin’s Crypto Memes of the Week #9 By DailyCoin - Sep 17, 2021

There’s a grain of truth to every joke, and crypto memes are a distilled form of the grain. You probably know the meme “Keep Calm and Carry On.” This one...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email