TRON (TRX) Mainnet Account Ownership Set to Cross the 1 Million Mark by the End of 2018
The crypto markets are starting to look bullish after the long-run bearish trend within the better part of Q3 & Q4. In the past 7 days, digital currencies have been taking a different path with the price action trend as most replicated the BTC pattern. Markets are signalling a probable resistance break as we approach the end of 2018, a very eventful year for the crypto space. In fact, it has been the most unpredictable so far given last year’s Q4 bullish run which spiked a crypto craze!
On goings within the crypto arena have placed some projects as favourites while others have been left to slowly die as investors flee to cash cows. TRON (TRX) is among the fortunate crypto developments to thrive in the harsh market conditions being experienced today. It is joined by fellow peer digital currencies such as ETH, ADA & XRP that also have been resilient to the market purge.
At the beginning of the week, TRON was among the top ten crypto coins in market capitalization. The reason for this success is a couple significant market positioning mile accomplished by TRX in the past few months. Its digital currency transaction volume increased significantly surpassing the $ 3million limit. Furthermore, TRON’s ecosystem enjoys the competitive edge of having a fundamental design that accommodates diverse developer.
Justin Sun, TRON founder, expressed his team’s excitement and goal of working together with more developers via a tweet. Justin also added that the aim for this integration is to provide solutions for faster network transactions at convenient costs.
Just when we though TRON’s success was done for 2018, the team accomplished a new active account holder milestone. The platform’s fairly new mainnet managed to accommodate over 900k accounts within its half year of existence. Justin again celebrated this milestone with his TRX twitter community;
— Justin Sun (@justinsuntron) December 18, 2018
Another highlight for TRON’s digital asset is its new stable coin pair within the Binance crypto exchange platform. TRX users will now be able to trade their crypto coins against the TrueUSD (TUSD) via the exchange services offered by Binance. This is great for the TRX coin stability as it is directly linked to a stable digital asset in one of the world’s leading coin exchanges. TRON crypto enthusiasts appear to be hyped based on the progress made so far and some have already placed their HODL hopes on this project.