Tron is enjoying the greens of over 9% while adding liquidity through various exchange listings and getting into partnerships. Moreover, Tron network and its founder and CEO Justin Sun are also achieving milestones.
Tron (TRX) in green while adding liquidity
From September beginning when its price was at $0.0266 before dropping down to the $0.0094 level, Tron lost 35% of its value. However, after days of crypto street running red, the market is again enjoying the greens.
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Though it is currently down over 90% from its all-time high (ATH), at the time of writing, Tron has been trading at $0.0189 with a jump of 9.27% as shown in the 1-day chart below. At 13th rank, it has a market cap of $1.2 billion while managing the daily trading volume of over $105 million.
Tron price is making a lot of positive moves even when its price was in the negative, this cryptocurrency has been constantly active in the crypto market.
The recent news is of TRX/USD trading pairing going live on the US crypto exchange Bittrex that will be coming on September 17, What’s interesting here is this will be the first fiat trading pair in the US as put by the Tron founder and CEO Justin Sun:
Bittrex has made the announcement with:
“We’re rolling out more USD pairs. On Sep 17 we’re launching US dollar (USD) markets for TRON (TRX) and Litecoin (LTC). Eligible #Bittrex accounts created before Sep 4 are already enabled for USD trading.”
Moreover, Cobinhood announced the mainnet swap completion stating:
“The TRX mainnet tokens will be available to deposit, withdraw, and trade on 13th September 00:00 (UTC+0).”
Furthermore, Satowallet, a multi-currency wallet provider and exchange has partnered up with Tron. Though it has only 60 cryptocurrencies listed, it provides “staking ability, auto swap feature, instant trade on the exchange, superb speed, and amazing security.”
Satowallet has shared on Twitter,
“We are glad to have TRON as one of our partners. Tron @Tronfoundation will be integrated into Satowallet new Android, IOS and PC App on 11th Sept.”
Meanwhile, Tron & Justin creating milestones
In the meantime, Intergalactic Gaming (IG) announced a partnership with the fourth esports organization to join IGGalaxy stating “another non-endemic organization to the Tron blockchain adopts the IG tokenized esports ecosystem.”
“We will support our new partner’s integration into our ecosystem as well as the Tron Network,” further mentions IG that have created 100 million Demise Esports Gold (DEG) tokens on Tron network.
Tron has been making a lot of headway, another one comes into the form of daily transactions and registered accounts. At the end of last month only, it has been announced that the transaction rate has surged to 206,000.
In just two months of its mainnet launch, the network is growing at such a rapid pace. Tron has already reached a third of transaction rate of Ethereum.
Also, a couple of days back, Justin Sun also achieved success by exceeding 1 million followers on Facebook.
With growing development, liquidity, exposure, and adoption, Tron is constantly moving forward.
Source: coingape.com | Original Link