The Recent Price Trend of XRP Signifies Institutional Interest, Says the CEO of Tron (TRX)

Recently, the founder and CEO of Tron (TRX) – Justin Sun – published a post on Twitter saying that due to the excitement around the products of Ripple Inc. and the recent price trend of XRP (XRP), he believes that financial institutions will adopt blockchain technology. Sun tweeted this a couple of days after XRP – the native currency of Ripple Inc. – saw an increase of about 100 percent in just a few days.

XRP has drawn a lot of attention to itself lately, and a lot of investors and institutions are now looking into it. In a space of four days – from the 18th to 21st of Sept. – the value of the digital currency increased by more than 180 percent. It even took over the position of Ethereum (ETH) as the second largest digital currency by market cap on the 21st of September, and it repeated the same trend yesterday, September 26th.

SEE ALSO:   Justin Sun Updates the Tron (TRX) Community on the Atlas Project- Sun Oct 21

TRON (TRX) Price Today – TRX / USD

Name Price24H (%)
Bitcoin (BTC)
$6,534.43
0.74%
TRON (TRX)
$0.024639
1.82%

Justin Sun Calls for More Adoption by Financial Institutions

According to the recent post of Justin Sun, he is very excited about this situation. He also added that as a result of what Ripple Inc. is doing, blockchain technology would be massively adopted by financial institutions. Tron (TRX) is solidly behind Ripple Inc. and their products.

On the other hand, the Tron (TRX) Foundation and Justin Sun are also working hard to promote the blockchain project as well as its benefits. The blockchain project has had a lot going for it, and it has achieved some significant milestones over the past months.

Accounts on the Tron (TRX) Network Exceeds 400,000

The community and ecosystem of Tron (TRX) are on a continuous rise, and the accounts on the network can attest to that. Recently, Smartereum.com reported the enormous growth on the Mainnet of Tron (TRX), surpassing that of EOS. Nevertheless, there is no slowing down for the blockchain project as it recently passed the 400,000 mark on the number of accounts on the network. At the moment, the total number of accounts on the network is 407,848.


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