Tron News

TRON update: upcoming network updates and OKEx listing failed to support TRX/USD

© Reuters.
© Reuters.

  • Positive fundamental developments have little effect on TRX.
  • is locked in a tight range.

In the second quarter of 2019, TRON developers plan to introduce several major updates and new instruments to enhance network functionality, according to Misha Lederman, co-founder of IAmDecentralized.org project.

He shared for critical updates that are supposed to be realized within TRON’s ecosystem.

That’s what he wrote in his Twitter account:

Four major developments for #TRON in coming weeks & months of Q2:
1. BitTorrent Speed, $BTT
2. Institutional-friendly multi-signature & account management
3. USDT-TRON stablecoin launch on #TRX blockchain
4. Implementing privacy option for transactions#IAmDecentralized$TRX

Among other developments, cryptocurrency exchange OKEx announced TTRX support citing growing users’ demand.

“Dear valued customers, In order to meet users’ demand for stablecoin trading, OKEx will support USDT-TRON, the TRC-20 based USDT token co-developed by TRON and Tether, as well as the airdrop for US customers.”

Meanwhile, TRX/USD is changing hands at $0.02242, down 2.4% since this time on Thursday. The coin has been oscillating in a range limited by $0.0220 on the downside and $0.0244 on the upside. A sustainable move in either direction will create a strong momentum and help define a near-term trend.

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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source: investing.com
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