The price of Ethereum (ETH) and Tron (TRX) has reacted to the latest cryptocurrency news today that Justin Sun, the CEO of TRON expects his blockchain to collaborate with Ethereum founded by Vitalik Buterin. In cryptocurrency news today analysis, we discuss how a potential partnership between Ethereum and Tron will impact the price of ETH and TRX.
Justin Sun Says TRON (TRX) will collaborate With Ethereum (ETH)
During a podcast with The Crypto Chick on April 6, the enigmatic Justin Sun said that Tron and Ethereum developers could collaborate in the future in a bid to make the industry better. Sun, who has consistently bashed ethereum in the past and earned the enmity of Buterin suggested that he was open to working with Ethereum developers and platforms built on the ethereum blockchain.
“I think in the future we will even collaborate with lots of Ethereum developers and also the enterprises built on Ethereum before to make the industry better.”
The rivalry between Justin Sun of TRON (TRX) and Vitalik Buterin of Ethereum (ETH)
If Justin Sun actually means a TRON-Ethereum collaboration, then that would a sharp deviation from his stance and that of his rival Buterin. In the past, these cryptocurrency influencers have made the cryptocurrency news headlines for attacking one another’s platform.
While Sun is fond of criticizing Ethereum’s scaling challenges, Buterin has told anyone that cares to listen that Tron is not decentralized as a public blockchain should be. Only recently, Buterin pulled a mischievous April Fool’s Day prank that mocked the TRON network. Interestingly, the prank was about Buterin joining the TRON family.
Ethereum’s Vitalik Buterin Now Preaches Crytpo Collaborations
Recently, Justin Sun who has accepted a leadership role in the wider cryptocurrency community has recently spoken of the benefits of a united cryptocurrency ecosystem rather than an “individualistic mindset” chosen by many cryptocurrency pioneers. At an event RadicalxChange, the ethereum co-creator enjoined cryptocurrency proponents to work together with existing systems to increase adoption of cryptocurrencies and not to insist on the annihilation of existing centralized systems.
Ethereum (ETH) and Tron (TRX) Spike After Justin Sun’s Remark
After Sun’s remark over the weekend, the price of Ethereum (ETH) went up by almost 9 percent helping it above the $170 mark and a yearly high for 2019. Tron (TRX) also progressed with about 6 percent gains compared to the previous day.
Tron (TRX) Price Today / USD
According to Live Tron Chart from CoinmarketCap, TRX to USD is currently $0.0305 which is over 8 percent better than it traded by this time yesterday. Its total coin market cap stayed above $2 billion while daily trading volume has almost doubled from the last 2 days.
Ethereum Price Today / USD
At the time of writing, ethereum EHT to USD is trading at about $178 and is up by about 5 percent from the same time yesterday. Trading volume has equally increased to $9.4 billion in the same period. Ethereum is one of the altcoins that has continued to increase since last week when the sudden bitcoin surge lifted the cryptocurrency market.
Ethereum Price Prediction 2019
With Scaling solutions underway—helped by the successful launch of ethereum Constantinople hardfork earlier this year—Ethereum is poised to become a winning cryptocurrency in 2019 and beyond. As Smartereum reported, ConsenSys founder Joesph Lubin predicted that Ethereum will form the layer that will power decentralized applications that will replace systems like VISA and PayPal.