Tron Price raises following BitTorrent Acquisition

Every Day 2 New Dapps are Launched on Tron (TRX)

Tron continues to gain popularity not only in the world of trading but also among developers. The blockchain which motto is to “decentralize the web” seems to be slowly but surely approaching its goal, becoming a strong rival to the alternative projects.

A clear sign of Tron’s success is the collection of DApps using this blockchain. According to a tweet published by Misha Lederman, co-founder of Iamdecentralized.org and expert in Dapps, Justin Sun’s blockchain has a remarkable acceptance in the ecosystem. His comment revealed that on average, developers add two new Dapps to the Tron (TRX) ecosystem every day.

ps

The ease of programming, and the ability to process a high numeber of TPS give Tron a competitive advantage over the rest of the blockchains, to the point that some DApps have entirely migrated to this new platform.

Likewise, Mr. Lederman’s observation shows to be true. He published the tweet on March 22, and by today, March 24, 2018, the number of DApps running on the Tron (TRX) blockchain is 282 and counting.

screenshot: Dapp.review

Tron (TRX) Succeeding Not Only Just in Terms of Marketcap

Technicals are not the only indicators to measure Tron‘s appeal. Justin Sun, the founder of this popular blockchain has likewise played a key role in driving this project, making several critical decisions that have positively impacted the reputation of this blockchain.

Justin Sun, Founder of Tron

Mr. Sun’s PR campaign seems to resemble a marketing/advertising strategy. The constant promotions and announcements have earned Justin Sun a high acceptance in the public who is enthusiastic about the price movements of TRX, which is currently fighting with ADA for the 10th spot in the global marketcap.

After purchasing BitTorrent and securing a potential user base of over 100 million people, Justin Sun worked hard to develop a token for BitTorrent, which runs on the Tron network.

The BTT token sold out in 15 minutes in Binance Launchpad, showing that users not only share a collective hype around this coin but are confident that an investment in such a blockchain is a wise decision, especially in a market that comes from seeing red candles throughout the past year.

The development of DApps is a crucial factor in evaluating the usability of a platform like Tron; however, it is also important to note that it is possible that very soon this will no longer be a problem. As reported by Ethereum World News, the Loom Network team could soon provide a solution allowing Ethereum, EOS and Tron to mutually communicate, making it possible for developers to launch their apps simultaneously on these three blockchains and users to use any token to carry out their transactions.

Leave a Reply