Justin Sun Touts Tronscan DEX, Says Tron (TRX) is Ready to Take on More Tokens and Crypto Projects
The Tron community positions itself as the keenest community in the crypto world. As such, it comes as no surprise that a seemingly simple discovery of an exchange platform on Tron’s website would lead to an all-out frenzy of trading activities.
— Justin Sun (@justinsuntron) November 13, 2018
A Long Overdue Feature
The Tron community discovered the token, TRX on the Decentralized Exchange (DEX) platform on the Tronscan.org platform at the beginning of November. The discovery quickly became popular news and members of the Tron community were quick to take advantage of the platform.
The ensuing activity was so vibrant that Justin Sun, the platform’s developer, took note and even commented on it.
A Quick, Exponential Growth
The Tron platform was not as popular as it is today a few days ago. Its popularity spiked a few days ago when it featured in a news article on the Ethereum World News platform.
Since then, more people have taken notice of the TRX token and decided to invest in it. To this end, the number of tokens that can be traded for Tron has increased to 6 over several days. They include:
It is also important to note that all six pairs have been making significant gains over the past few days, including the last 24 hours. It is also expected that Tron’s value will grow rapidly over the coming future – this, however, will depend on its performance and future prospects.
The Present and Future of Tron
Tron is one of the world’s largest operating systems based on the Blockchain platform. It is essentially an open-source, Blockchain-based protocol for the digital entertainment industry. It often emphasizes one thing – the need to decentralize the World Wide Web.
The Tron network is already performing well at the moment – the platform is capable of processing up to 2,000 transactions per second. The company has also been making headline in the industry – most recently, the company made headlines for processing over 1 million transactions in a single day. Since then, the company has been handling just as many transactions every business day with a few variations.
The Tron network is also looking forward to a great future ahead especially now that the TRX token is growing in popularity, utility, and value. Most recently, Justin Sun, the platform’s founder and president, urged the TRX community to come up with more projects that they can develop on the platform.
He has also promised to make arrangements to enable more users to launch their own projects and tokens. The company is also looking into other money-making and expansion options. To this end, it expects the value of the Tron token to grow gradually with time.
The Tron community has elicited great optimism for the future of the Tron token following the explosion of activities on the Decentralized Exchange platform. The token’s value has been rising consistently over the past week and is expected to maintain this trajectory.
In the meantime, the company is looking into more ways to generate more income and attract more users as it seeks to expand.