A project is only as good as the community that backs it. Tron has always lived by its motto to bring out new developments and strengthen the community. TRON’s charismatic leader Justin sun and the Tron Foundation complement each other updating their supporters whenever there is a partnership or whenever the platform registers new milestone. That is the spirit of decentralization and an embodiment of blockchain mantra.
Warding off Bear attacks
Tron [TRX]’s week has been something of a roller coaster with several updates and developments coming in the wake of a bear market. The current market atmosphere which has destroyed a lot of prices supports held by cryptocurrencies still has not stopped the Justin Sun-led company’s rampage to push Tron into the realm of mainstream adoption.
Furthermore, since the native currency TRX now has the support of Scatter meaning supporters can easily import their TRX wallets without a sweat while receiving the same support from Huobi multi-currency wallet, traders and newcomers have several free and trusted avenues for storing and managing their stash.
On the development front, Tron developers are doing everything they can to improve the user experience. After review, the developer document API Reference Page was upgraded and new transaction guide added. At the same time, the $1 million Tron Accelerator Program seeks to empower developers and accelerate innovation—via dApp creation–within the platform.
Growing number of transactions
Tron had also made news recently when it was revealed that Tron and EOS contributed 82% of all cryptocurrency transactions. In lights of the report, Tron boasts almost 78.543 million transaction which is the highest number of on-chain transactions that the cryptocurrency’s blockchain had witnessed.
Tron also has 21,211 active addresses on the blockchain, a number far greater than most of the members of the top ten cryptocurrency club. So, even though, TRX is bleeding red alongside the whole market, Tron is still surging regarding developments. As in case of any other cryptocurrency, you should consider the developments in its ecosystem more important than the short term prices. The price would follow eventually.