The price of TRON (TRX), a blockchain platform building a decentralized internet, has jumped in recent trading after leading crypto exchange Bitfinex announced that it would introduce EUR, GBP and JPY trading pairs.
— TRON Foundation (@Tronfoundation) October 4, 2018
As a result, TRX is up over 6% and the altcoin has passed Dash (DASH) for the 11th spot in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens. Now the two coins are trading neck-to-neck.
TRON gained further momentum after Exodus, an all-in-one cryptocurrency wallet and trading app, announced that it now supports the project’s mainnet. Additionally, TRON recently revealed plans to integrate the project’s blockchain into BitTorrent.
Dubbed “Project Atlas,” the new initiative will connect BitTorrent’s peer-to-peer network and its 100 million monthly active users to the TRON blockchain. Included in Project Atlas are BitTorrent protocol extensions, a custom token built on the TRON blockchain and an in-client token economy.
Photo: Marco Verch / Flickr
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.