Really, Tron (TRX) in the blockchain sphere is a round egg in a round hole. The Cryptocurrency is leveling up to be what people actually clamour for. The altcoin has since its mainnet launch been getting things right as it continues to release developments and updates into the sphere, making it a more sophisticated coin than numerous.
On several occasions, Tron’s daily transaction has been recorded to be higher than that of some coins, especially the world second largest Cryptocurrency, Ethereum (ETH). This time, the daily transaction volume of the altcoin is being compared with the top three coins or the three most dominant Cryptocurrencies in the market.
Compare to Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP), the transaction volume of Tron (TRX) on October 24 was higher.
While Tron recorded 795,834 transaction yesterday, Bitcoin, Ethereum, and Ripple were said to have clinched 254,091, 532,709, and 389,701 transaction volume respectively on October 24.
Of the four coins, Bitcoin which is the market trailblazer and the largest Cryptocurrency in the space had the lowest transaction volume that day.
The most interesting thing about the update is that today marks the fourth month after the MainNet launch of Tron, which initiated the independence of the crypto coin from the ERC 20 Ethereum ecosystem.
Many have been of the opinion that if Tron could be able to achieve development like BitTorrent, Project Atlas, numerous deals and partnerships, spike in daily transaction volume and account in just four months after MainNet, then, there would no limit for the altcoin if it continues to grow at this rate.
Tron (TRX) Intraday Price Analysis.
After a high price of $0.02365 at the beginning of the last 24 hours, the 11th ranked Cryptocurrency in the space began to plunge.
After trending up a little from a previous dip, trade pair TRX/USD began plunging since the North American trading session yesterday, according to Coinranking.
As at the press time, after adding 1.47% to its value negatively in the last 24 hours, the trade pair, is valued $0.02326.