Tron (TRX) price has surged by over 20% in the past 24 hours following the integration of its protocol with Samsung’s new Blockchain Keystore SDK. Justin Sun’s, TRX project, will now support transactions by Decentralized projects within Samsung’s store that are TRC10 or 20 compliant.
The South Korean Tech giant, Samsung, released a note on the 29th of October which highlighted the advancements in its new SDK v1.2.0 mean for the DApp oriented projects within its keystore. Most notably was the integration of Tron’s transactions by designing compatible API’s. In addition, the recent SDK by Samsung will focus on enhancing security features as well as the creation of DApps suitable for modern gadgets.
TRON’s Increase in China’s Market Share
Justin’s approach of creating possibilities for building DApps seems to be gaining clientele in the East. China’s blockchain and the crypto market has reacted well to Xi Jinping blockchain endorsement hence the cryptocurrency market uptrend. However, some coins like TRX have surged with better stats compared to its competitors like Ether whose blockchain platform is also DApp oriented. According to the Center for Information and Industry Development, a state-funded tech organization, TRX is now more popular than Ether within China’s crypto space.
TRX Odyssey V3.6.5 Protocol Update Success
The hype around Tron’s projects is well known by the crypto stakeholders given Justin’s strong marketing on social media platforms like twitter. One might even argue that they contribute to the largest share of reactions hence significantly affecting the TRX price. The most recent development by Tron is a smooth transition to its Odyssey v3.6.5.
A post on Tron’s medium page highlights that the most significant milestone in this upgrade is achieving full decentralization. The new ecosystem runs on an incentive mechanism which allows access and tracing of rewarded data by anyone within the TRX blockchain.