- Positive fundamental developments have little effect on TRX.
- TRX/USD is locked in a tight range.
In the second quarter of 2019, TRON developers plan to introduce several major updates and new instruments to enhance network functionality, according to Misha Lederman, co-founder of IAmDecentralized.org project.
He shared for critical updates that are supposed to be realized within TRON’s ecosystem.
That’s what he wrote in his Twitter account:
Four major developments for #TRON in coming weeks & months of Q2: 1. BitTorrent Speed, $BTT 2. Institutional-friendly multi-signature & account management 3. USDT-TRON stablecoin launch on #TRX blockchain 4. Implementing privacy option for transactions#IAmDecentralized$TRX
Among other developments, cryptocurrency exchange OKEx announced TTRX support citing growing users’ demand.
“Dear valued customers, In order to meet users’ demand for stablecoin trading, OKEx will support USDT-TRON, the TRC-20 based USDT token co-developed by TRON and Tether, as well as the airdrop for US customers.”
Meanwhile, TRX/USD is changing hands at $0.02242, down 2.4% since this time on Thursday. The coin has been oscillating in a range limited by $0.0220 on the downside and $0.0244 on the upside. A sustainable move in either direction will create a strong momentum and help define a near-term trend.