TRON Network Promotes Massive TRX Blockchain Performance Jump with Over 2.5 Million TPS Per Day
TRON is making huge waves in the crypto market and it is all for the good reasons. According to its CEO, Justin Sun, TRON broke two records in a row in the same day. The milestones are registering 32,284 address increases each day as well as recording 2.53 MM Txs each day.
Following the achievement, both #ETH and #EOS moved their operations to TRON. TRON is currently holds the 10th spot in the coin charts as per its market capitalization. The new spoils will definitely help TRON leapfrog a few of its competitions as its moves upwards the charts.
How TRON Is Winning It Big In A Fierce Competition
Over a few weeks, TRON has been making it to top news and now its achievements are open for all to see. To come this far, the team has fiercely invested in decentralized application. These applications make it for users to interact with TRON. The relentless investment and around-the-clock monitoring has made sure the virtual currency is visible to the cryptocurrency in its entirety.
A week before the tremendous achievement Sun had made a public declare that his foundation was working hard to raise funds to save ETH and EOS from their dwindling market share and popularity. This announcement also came with a catch. The two financially-strapped coins had to move their Dapps to Tron. This was like a lifeline that the two were waiting for as they immediately took the generous offer.
One of the secrets behind TRON’s stability and steady growth is attributable to its relatively cheaper rates. It is also known to operate faster and take up more transactions at a go.
Tron Foundation Taking The lead
In the course of this week, The Tron Foundation added a new baby to the Tron’s portfolio. TRC20, an exchange platform is using Tron-backed tokens on TRX.market. You can as well access the exchange on Tronscan, which has been the coin’s lead explorer and information source for the entire ecosystem.
This is not the only front that Tron is using to woo traders and investors. The network has launched a number of applications that have kept it performing at the highest level. Despite the plunge in market, activity on TRC20 and TRC10 registered an increase by a whopping 48% in a period of 1 week. At one time in a 24-hour trading duration, the network recorded more than a million transactions. Compared to a week before, this was a 151% increase in transactions.
Projects Keeping Tron In Everyone’s Mouth
SeedIt has been one of the most successful from Tron. It is a decentralized creation that gives to users to make financial contribution as tokens of appreciation to content developer they recognize. Project Atlas, which Tron bought in July, gives incentives to users to rate content using the BitTorrent Protocol. These projects and many more have been of huge impact to the improved performance of the network and defy market trends to register triple-digit growth. With an emphasis to give user’s experience a top priority, Tron will continue to take home huge wins as Sun promises a bright future to the network’s loyal users.