Tron Weekly Report: Number of accounts cross 2.7 million

Justin Sun’s Tron [TRX] has been suffering under bearish pressure for some now, with the token being pushed out of the top ten cryptocurrencies list a few weeks back. However, the Tron Foundation has continued to push forward with various developments and remains relevant in the virtual asset ecosystem.

In the latest Tron Report, Tron announced the listing of TRX on the well renowned global exchange, Huobi, along with the other prominent trading platforms such as and PIEXGO. It was also announced that Poloniex had decided to support TRC20 USDT and will convert its current USDT on Omni to Tron.

The report also announced that BTT was now listed on exchanges including, Binance, OKex, Bittrex International, Huobi, HitBTC, Bithumb, and Bitfinex, among several others

In terms of technological developments, the TRX team improved its monitoring service of the ledger and realized seed phrase generation in BitTorrent [BTT].

In the wake of the Tron-USDT tie up, Tron Foundation also announced the launch of “Hundred Day 20 Million Airdrop” incentive plan for USDT holders. The event will be organized from May 7 to August 14; 100 days in total. During the event period, USDT holders will benefit from the airdrop everyday.

Additionally, it was also reported that according to Tron block explorer, Tron’s block height reached over 8.8 million and the number of accounts recorded were over 2.7 million, on April 30.

At press time, TRX token was valued at $0.0235 and the market capitalization was around $1.56 billion. The token also witnessed a minor hike of 1.33 percent over the last 24 hours.

The post Tron Weekly Report: Number of accounts cross 2.7 million appeared first on AMBCrypto.

Post written by our friend Biraajmaan Tamuly and Syndicated from ambcrypto
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