TRON (TRX) is all over the news as it prepares to migrate from its current Ethereum based platform. TRON MainNet launch which is scheduled for May 31 could go either ways and TRON Foundation is trying to create a rather soft landing for the asset.
According to TRON Foundation, at least 20 startup teams are working to Develop a TRON DApp Ecosystem. While TRON migrates on May 31, CEO, Justin Sun has announced that the first batch of TRON’s recommended Dapps would launch on June 5.
Justin Sun remains very optimistic about the migration, and the future of TRON. TRON’s MainNet launch could be the propelling force TRON need to outshine its competitors in the market. Ahead of the MainNet launch, a lot has been happening in the TRON ecosystem.
More Support Ahead of MainNet Launch
TRON’s MainNet Launch and token swap is only 11 days away, and the euphoria is already building. There was great joy in the TRON Community when the first exchange platform announced its support for the upcoming MainNet Launch and Token Swap of TRON.
TRON’s MainNet Launch and Token swap is just 11 days away and a good number of exchange platforms have announced their support. In the last 24 hours, two exchange platforms; RightBTC; the first digital trading platform in Dubai and Bixin would support TRON’s MainNet launch and Token swap.
The increasing number of digital exchange platforms that would support TRON’s blockchain upgrade and Token swap, is a good sign for TRON. Coinnest, Binance, Coinrail, Bittrex, Bitfinex, Zebpay, Gate.io, and Bibox have already announced their support. How many more to come?
TRON (TRX) Gets New Open Source Wallet
TRON pioneered the Project Genesis in March to motivate community engagement, and 2 billion USD was given away in bonus pool. The project brought to light some interesting development from the TRON community, however, in May, a more interesting development has been made.
Today, May 19, TRON has announced the development of an open source DApp wallet by a 19 years old German developer. The DApp wallet by 19-year-old Marius Gill combines cold, hot and watch only setups on TRON protocol.
The New TRON Wallet by the young developer is now available on Google Play, and Marius who embarked on the project not for the money, has been given a 100,000 USD TRON Loan to complete an iOS Version of his open source wallet.
Trade Performance of TRON (TRX)
As the TRON community and the entire crypto space await the TRON MainNet launch, a lot of great news have started surfacing, and the market agrees with TRON. This week has not been the most convincing for TRON, as the token has faltered in the market all week.
Over the last 24 hours, Tron (TRX) is up by 4.30% which gives the token a trade value of $0.0700 USD. TRON is now the 10th largest cryptocurrency with a market capitalization of $4.6 billion USD. TRON MainNet is only 11 days away, with the pieces falling into place for TRON, what price is TRON expected to hit after migration?