Tron’s TRX Cryptocurrency Remains A Top 10 Coin But Has Over 2 Million User Accounts
Tron Remains At The Bottom Of The Top 10 Cryptos But Reaches 2 Million Accounts
Tron (TRX) has seen some mixed times lately. While the token has definitely seen some important growth, it has fallen from the 9th to the 10th position by market cap, according to CoinMarketCap (CMC). Despite falling from the 9th place, Tron has some great news as the Tron Foundation is working to achieve several milestones.
For instance, the company now has 2 million accounts, which is an incredible and very important number. This is one of the major milestones that the company has achieved in quite a long time and certainly one of its biggest victories in 2019.
However, some people on social media are claiming that at least half of these accounts are empty escrow wallets, so the numbers are highly inflated. The Tron Foundation did not answer to these commenters specifically.
Another important milestone for the company is that it has recently released one of its major updates in a while, Odyssey 3.5. This upgrade was made on the same day that Ethereum made its Constantinople upgrade, which was a coincidence. In a weird move, the price of Tron tokens actually decreased a bit when the upgrade was officially launched.
Justin Sun has recently talked about an important milestone for the Tron Foundation, the fact that the number of smart contracts on the network has reached 449. This is, according to him, an increase of 5.9% in the total number of contracts after a single week.
The creator of the Tron Foundation has now more followers than the co-creator of Ethereum, Vitalik Buterin. Sun has grown to 911,000 followers while Buterin only has 837,000 for the moment. The number of followers that Justin Sun has surpasses even John McAfee, which stands with 899,000 of them at the moment.
Despite followers not being a very “serious” metric, it can be used to talk about how influent someone is. Justin Sun had a lot fewer followers than Buterin some time ago, but it looks like he is getting more and more famous now, which may be related to how successful the Tron network has been in recent months.
Tron’s future plans are to start to get the BitTorrent users to its own network. Since the company had a billion users across the world, this can actually a gold mine for the Tron Foundation and Justin Sun and was basically the reason why the company was acquired in the first place.
Tron is a decentralized network which is focused on dapp development. At the moment, Tron (TRX) remains in the top 10 of cryptos, right at the edge, with the 10th place. The token was able to get to the 9th place recently but it was pushed back by the mighty Binance Coin (BNB), which is increasing its ranking a lot recently.
Tron is worth $0.0214 USD at the moment and its price is currently falling down, being 6% down in the last 24 hours at the time of this report.