Recently, research on TRON has been conducted by the Binance Research and they revealed that there is a lot of potential of growth in TRX.
As the TRX is able to secure its position among the list of top 10 cryptocurrencies also, the number of Dapps on TRON has increased up to 402 and many people are showing interest in this currency.
On the analysis of last 24 hour of the trend of TRX, it is regarded as the most influential currency with the most number of users currently, TRX is being used for many other purposes, Dapp.com tweets:
Ranking as the No.1 #TRON dapp with more than 2.3k users in the last 24 hours, @TRONbet keeps going strong and has just launched its new game platform – TRONbet LIVE!🔥
Here's everything you need to know about the game>> https://t.co/UF3DZEjY07 pic.twitter.com/ArhcUh75wk
— Dapp.com (@dapp_com) April 28, 2019
TRX has over 100 million transactions and for the variety of purposes, they are being used for the provision of effective services on Tron wide network, and for the execution plans of small contracts, and among other things, issuance of TRX tokens.
Currently, Tron is making partnerships and collaborations with other companies to broaden its scope and to bring innovations in different sectors as evident from its partnership with MixMarvel to establish suite games. Also, Tron is striving to make its impact on the finance sector.
The CEO has pointed out that the institutional investors are showing interest in this segment which is welcoming but, they have certain demands that must be fulfilled first.
We’re closely following events with @Tether_to. We’re however seeing amazing demand for #TRON based #USDT and will postpone our 20M Incentive plan till May 7th 0:00(UTC+8), so exchanges have more time to complete the swap. New Incentive plan schedule: https://t.co/y7uYFu0XZf pic.twitter.com/TAifoqB8WY
— Justin Sun (@justinsuntron) April 29, 2019
Recently TRX has made collaboration with blockchain startup swarm to enhance security measures. Also, a new contract with Singapore based Huobi-DM is under consideration.
Tron has made a new initiative of launching stable coins and for that, they had made a partnership with Tether. But so far, this plan has not been started and the CEO has recently tweeted about the current situation at the firm.