TRON DAO Releases Weekly Report Mentioning Latest Developments and Statistics

Tron (TRX) Overtakes Shiba Inu (SHIB) As the 14th Largest Cryptocurrency
  • TRON has achieved 2.97 billion transactions in terms of transaction frequency.
  • In the previous 24 hours, TRON has gained 3.66 percent in value.

Bitcoin surged as much as 5.6 percent to $43,337, its highest level since March 3, and was last up 3.6 percent at writing. Ethereum, the second most valuable digital currency, surged as much as 5.4 percent, reaching its highest level since February 17. CoinShares, a digital asset management, said that net withdrawals from cryptocurrency investment products and funds continued for the second week in a row.

TRON is a blockchain-based operating system that aspires to make blockchain technology appropriate for everyday applications. Unlike Bitcoin, which can handle up to six transactions per second, and Ethereum, which can handle up to 25, TRON says that its network has the potential to process 2,000 transactions per second. This project is best defined as a decentralized platform focused on content sharing and entertainment — and one of its most significant acquisitions to yet has been the file-sharing service BitTorrent, which was completed in 2018.

Key Developments and Statistics

Generally speaking, TRON has separated its objectives into six segments. The goals are to deliver easy distributed file sharing, encourage content production via financial incentives, enable content producers to establish their own personal tokens, and decentralize the game industry.

TRON DAO has just issued its weekly report, highlighting the most significant developments. Earlier this week, the TRON blockchain hit a height of 38.98 million, and the total number of TRON accounts reached 82,206,625.

TRON has achieved a staggering 2.97 billion transactions in terms of transaction frequency, while TVL has reached an astounding 8.2 billion. CoinMarketCap reports that the TRON price is $0.063543 USD today, with a 24-hour trading volume of $1,075,317,729 USD. In the previous 24 hours, TRON has gained 3.66 percent in value.

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