There has been a lot in the news for Tron Foundation in the past few days. The most recent news was the resumption of deposits, withdrawals and trading of TRX token on Bitforex, and an update that has increased the speed of the network. Bitforex completed the migration on to the main network on the 26th of June.
TRON (TRX) Price Today / USD
The SR candidate of the community, Team Tonics, uploaded a post and a video concerning the increased transaction speed of Tron with transactions being completed in split seconds. This shows that the website has been made faster and more user friendly.
The Tweet is as follows:
“If you’re wondering how fast the Tron network is, watch this video created by @SnearK6 who is a technical member for the @team_tronics group. @TronFoundation @justinsuntron, you’re doing an excellent job.”
The Cobo Wallet Has Been Upgraded Successfully Ready to Resume Services Related to the TRX Token and More Good News
Tron was recently listed by CoinFalcon, an exchange that was created with the aim of empowering the people. It has listed the TRX token as one of its tradable coins.
The tweet from the official handle states:
“Our customers who deposited their coins into our platform before the migration can now trade the new TRON20 coins.”
The market capitalization for Tron is $2.3 billion and the price is $0.035. Within the last 24 hours, the token has dropped by 7.2%. However, it was on a positive trend after the company announced that Pornhub subscriptions can be made with TRX and the news about Binance TRX competition broke out.
While the TRX token is still facing bearish pressure, there is hope that things will look up in the coming weeks. The downward slope is all thanks to the general bearish sentiment in the market. When the tide settles, the benefits of the partnerships will be noticed.