- Justin Sun Hints On Possible Partnership With Samsung
- TRX Price Surges Following Announcement
- Tron Price Has Gained More Stability In Recent Times
TRON News Today – Tron has been in the spotlight recently for positive news and the latest is a possible partnership with a big firm. The crypto community believes that a Tron-Samsung partnership may be happening soon. This news was triggered by a statement by Justin Sun, Founder of Tron. Sun was provoked by a Tron community member on Twitter to reveal that a big announcement is coming soon.
TRON (TRX) Price Today – TRX / USD
Tron Community Hopes for a Samsung-Tron Partnership
There have been rumors that Samsung and Tron are in talks for a possible collaboration. The possible project is still unknown and the Tron community members hope that the announcement would be centered around this information.
Sun hasn’t been in the limelight since his delayed lunch with billionaire Warren Buffet. It was reported that he suffered some health complications which led to delay. His resurfacing now probably means that he’s back for good.
Close to two weeks ago, Sun went against his promise of announcing partnerships prematurely. He responded to a Twitter user who asked about when the big news is coming saying that it should be expected at the end of the month.
TRX Price Surges Following The News
This news was taken well by the Tron community and this reflected in the price of TRX this morning. Some took to Twitter to share all signs of the possible collaboration, but there is still no official announcement to that effect. However, the announcement should be made in a couple of days.
All through the weekend, the crypto assets of china dominated the market at 25%. Bitcoin was the leader of the rally, but the Chinese cryptocurrency rose with Tron as well.
Chinese crypto rankings, as well as TRX price ranking, were released recently and the Chinese project leads the pack. EOS has been at the top with Ethereum which dropped by one spot.
TRX’s upward movement allowed its price to become more stable. At the moment, the altcoin is leading the market with approximately 30% growth. Tron was able to also claim a spot in the top ten after Stellar (XLM) was flipped from number ten spot.
The token’s daily volume has also surged to more than $2 billion. A crypto analyst, Luke Martin observed the breakout saying that an announcement could push the price even higher.
Technical breakout for $TRX today.
— Luke Martin (@VentureCoinist) October 28, 2019
Tron Partners with Beijing University
Tron recently partnered with the Beijing University of Posts and Telecommunication. The goal of the partnership is to participate in research efforts. The partnership is geared towards the development of the Tron Chain.
The partner university will also benefit from all the Tron network’s cutting-edge technology. The academic sector and the crypto industry at large will also be beneficiaries in the scheme.