Why TRON Can Rival, and Surpass Ripple (XRP) 

zcash rises as bitcoin slums on news of Gemini listing

Ripple has aimed to become the cryptocurrency of choice for institutions like banks and other financial entities. TRON came with a similar goal in the digital entertainment industry sphere. It appears more expected of TRON in the long-term.

TRON Price Today: Current Price of TRX

Crypto Currency Price24H Changes
Bitcoin (BTC)

Why Should We Expect Much More From TRON than Ripple in the Future?

Market Utility

The first and probably the most viable reason for this is TRON’s market utility. The digital currency has managed to include just little fees for transactions on its platform. Its simplicity makes it more cost-effective, and it will continue to improve, mainly as the MainNet is now live. TRON provides over a thousand transactions per second, which will likely become arguably the essential feature of the crypto token after prices stabilise, and we can go beyond the issue. Added to that point is the fact that transactions on the platform are free. Hence TRON will become one of the most efficient methods of sending money with stress.

SEE ALSO:   Ripple can be the dark horse cryptocurrency of 2018: Ripple Price Predictions - XRP Price Today-Sat Jun 23


The second reason for the rise of TRON in the digital currency space is because it has discovered its industry where it dominates. While Ripple has concentrated on banks, TRON chose to stick to digital entertainment which was a smart decision, when you consider the growing popularity of gaming globally. Gaming has been rising in popularity for decades, now. TRON was smart by choosing the industry and staying in it, instead of attempting to tackle many sectors at the same time.

Strong Backing

The third reason is the confidence that TRON is getting from its founder or parent company. Justin Sun, the founder of TRON and the TRON Foundation have been invaluable assets to the digital currency with the later, directly responsible for TRON’s growth. Sun has managed to get the attention of investors and keep them focused in his crypto. It wouldn’t be a fallacy to assert that TRON wouldn’t have been as close to its present position if not for the efforts of its founder.

SEE ALSO:   TRON Price Prediction: TRON's (TRX) Price is Predicted to Rise After 1 Billion Token (50 Million USD Equivalent) Burn - Tron News Today



Legal Disclaimer: The content of this website (smartereum.com) is intended to convey general information only. This website does not provide legal, investment, tax, etc advice. You should not treat any information on smartereum.com as a call to make any particular decision regarding cryptocurrency usage, legal matters, investments, taxes, cryptocurrency mining, exchange usage, wallet usage, initial coin offerings (ICO), etc. We strongly suggest seeking advice from your own financial, investment, tax, or legal adviser. Neither smartereum.com nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from smartereum.com.

SEE ALSO:   Keep An Eye On Ripple (XRP) From SEC About Whether XRP Is A Security Or Not-Sat Jun 23

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Get Smart About Crypto!

Promise we won’t spam you!

We Are Hiring

Click here if you would like to join one of the fastest growing blockchain news companies in the world!