Tron (TRX) is experiencing a remarkable boost as one of the most progressive networks in the crypto spare, attracting more committed users towards the end of February 2019. It was reported in a tweet that there are presently 1,978,032 registered users on Tron network, needing just 21,968 to reach 2 million accounts milestone.
Its growth has actually attracted a lot of users on Ethereum and some developers have been migrating to Tron (TRX) with their Dapps.
#TRON witnessing massive growth in new accounts over the past 2 days, adding a record 77,105 new wallets on Feb 27-28
This puts the total number of accounts on the TRON blockchain at 1,978,032
We're less than 22,000 accounts away from 2 million #TRX wallets#IAmDecentralized🖖🏽 pic.twitter.com/UuYcQCWGfj
— Misha Lederman (@mishalederman) March 1, 2019
Bittorrent(BTT) Introduction To Tron(TRX) Platform
The introduction of BitTorrent(BTT) to Tron(TRX) platform has aided the increase of its features and network development. Tron platform has made file sharing (hallmark of internet communication) easy on its network.
Tronis able to reach its highest number of wallets and users thanks to its zealous partners. This happened in a space of two days as Tron (TRX) network increased by 77,105 wallets between 27th and 28th of February 2019.
A report released in February regarding the supply of BTT token disclosed that the circulating supply of BTT token would be upped from 11 percent to 12 percent by giving out about 11.88 billion BTT to TRX holders.
“To reward TRON’s long-time TRX holders, the BitTorrent Foundation also plans to airdrop additional 99,990,000,000 BTT, during online and offline events, corresponding to 10.1% of the total circulating supply,” the report stated.
By mid-February, Tron (TRX)Â had already completed the airdrop transfer to TRX account holders. This is part of the initiatives to open more Tron wallets, which increases TRX wallets as new account holders expect more give away from BitTorrent foundation.
What Next For Tron (TRX): A Possible Position 6?
Before the launch of Tron (TRX) MainNet, Justin Sun made it known to the community of the altcoin that the path to be amongst the top 6 coins is already paved for Tron. So, why then would Tron (TRX) not reach position 6 after the loads of development on deck?
Although, Tron once attained the 6th position in January 2018, but the entertainment focused cryptocurrency was displaced from the sit in no time. Nevertheless, the CEO stressed that the charge Tron is stimulating at the moment will make the coin assemble permanently in the top six sphere if attained.
“Expectations for the future are even higher. Our next goal is to become one of the top 6 cryptocurrencies in the world. We have actually achieved top 6 briefly on January 5, 2018 during TRON’s astounding sprint out the gate. In 2018, we will reclaim and secure this title, which will mark TRON’s global status as a mainstream public blockchain and lay a solid foundation for competition with Ethereum”, Sun noted.
Living up to its billings, Tron (TRX) looks to be a bull lowering its head for a bullish charge. Tron blockchain technology has so far released series of developmental updates into the crypto space.
After the acquisition of BitTorrent, Tron has been performing beautifully in the space especially with the release of the BitTorrent (BTT) – the fastest/biggest crypto sale in the space.
While Tron (TRX) continues to cook up more propelling forces to be amongst the top 6 coin, the blockchain project recently released its hardfork which consist of myriads of elevating developments.
The TronGrid 2.0 designed purposely for developers is yet another massive one for the blockchain technology. Since mainnet Tron (TRX) network has been a hospital realm for developers. The TronGrid would kindle developer’s effort in building dApp by offering a fully operational node across the globe and APIs into the Tron network.
In line with this, there have been several reports that Tron (TRX) dApp has been outstandingly well in the space, topping the likes of EOS and Ethereum’s.
Tron (TRX) is at the moment the 10th largest coin by marketcap. It is the youngest of the ten, nevertheless the most professional, and it has a well structured team that “brings experience from mainstream Internet companies like Alibaba.”
While the top six position contest is still a main focus, Tron (TRX) is showing to the world that it has more proficiency than thought and all its takes to be amongst the top six coins.
Will Tron (TRX) move to top six soon? A penny for your thought.
