TRON is a very ambitious project dedicated to creating a truly decentralized internet. While this sounds like an audacious feat, they’ve done incredibly well this year at hitting major milestones. Despite being one of the youngest blockchain projects, the TRON Network is one of the fastest growing and best performing digital currencies in the market.
While the company has reached many goals, one of the major milestones they’ve accomplished is reaching 1 million accounts as of December 23, 2018; just 184 days after their mainnet launch. TRON managed to reach 1 million accounts at an incredibly fast rate, 3 times faster than Ethereum had in January 2017. Apart from user signups, Sun also Tweeted that TRON had reached over 100 million contract triggers. Contract Triggers are mechanisms that aid in the execution of smart contracts on the network. The latest milestone of hitting 100 million triggers is a great example of the great progress being made on the TRON network.
It was only just last month on November 27, 2018, that TRON had approximately 20 decentralized applications built on the TRON network. Sun however, expected that in December, they will have an additional 80+ more dApps with a 400% growth rate in December 2018. TRON has in fact, also surged past this milestone as they currently have 83 decentralized applications.
These events have helped the TRX token move into a new position as a top ten cryptocurrency by market cap in 2018. Reaching these new milestones are however just another step in Sun’s plan in building the infrastructure for a truly decentralized internet. TRON’s clear plan and progression into 2018, has been a refreshing and a stark contrast to the volatile and uncertain nature of the cryptocurrency industry. As for the TRX token, according to CoinmarketCap, TRON is currently sitting at a $0.019 (Just under 2 cents per token) with a market cap of $1.3 billion dollars. TRON’s value has remained quite steady since July 2018
What are your thoughts on this situation guys?
Do you think that TRON may eventually overtake the EOS and Ethereum network?
Or do you think Sun and the TRON Foundation still have a long way to go?
Let us know in the comments below.
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