Tron (TRX) Surges 10% Higher Amid Ongoing Pivot to DeFi

[Dociko]

Tron (TRX) has surged 10% in the past 24 hours, defying a stagnation in the price of both Bitcoin and Ethereum around local lows. For context, BTC and ETH have both gained around 1% in the past day.

TRX’s rally comes as the blockchain has been seeing an ongoing pivot to offer decentralized finance (DeFi) applications to its users. This has been a successful pivot thus far, with blockchain analytics companies noting a strong uptick in transaction volumes.
Details: https://www.newsbtc.com/2020/10/03/tron-trx-surges-10-higher-amid-ongoing-pivot-to-defi/

[highnayem34]

Tron (TRX) has surged 10% in the past 24 hours, defying a stagnation in the price of both Bitcoin and Ethereum around local lows. For context, BTC and ETH have both gained around 1% in the past day.

That is quite good for tron cryptocurrency. I saw the 3x price last week's. It was stable for some days but price increasing because of bitcoin price.

[hair]

Very good, with these developments Tron will be a good investment choice, investor confidence will increase.

[babu10]

Tron (TRX) has surged 10% in the past 24 hours, defying a stagnation in the price of both Bitcoin and Ethereum around local lows. For context, BTC and ETH have both gained around 1% in the past day.

TRX’s rally comes as the blockchain has been seeing an ongoing pivot to offer decentralized finance (DeFi) applications to its users. This has been a successful pivot thus far, with blockchain analytics companies noting a strong uptick in transaction volumes.
Details: https://www.newsbtc.com/2020/10/03/tron-trx-surges-10-higher-amid-ongoing-pivot-to-defi/

In recent time TRX now more reliable to everyone. Many successful project now coming with TRX pair and i think those who want to make investment in TRX can be reliable. Basically after BTC and ETH, TRX now more believable to every one and their team also very active all time. So we can easily trust on it.

thanks.

[aiviaa485]

I have often said that TRON has something unique and different from other cryptocurrencies.
TRON is great for developing other altcoins and it's the same as DeFi.

So this DeFi can be said to be only the subordinates of TRON and EThereum and it is certain that the parent has sufficient strength from the child.

[Msweet]

As the price of Tron (TRX) token increases, so will the price of BTC and ETH because they are related to each other.

[Btceth01]

Tron (TRX) has surged 10% in the past 24 hours, defying a stagnation in the price of both Bitcoin and Ethereum around local lows. For context, BTC and ETH have both gained around 1% in the past day.

TRX’s rally comes as the blockchain has been seeing an ongoing pivot to offer decentralized finance (DeFi) applications to its users. This has been a successful pivot thus far, with blockchain analytics companies noting a strong uptick in transaction volumes.
Details: https://www.newsbtc.com/2020/10/03/tron-trx-surges-10-higher-amid-ongoing-pivot-to-defi/

excellent information about Tron update!! Thanks very much.

[damsix]

10% maybe in my opinion is still lacking because I think TRON will continue to increase in the next year.
TRON has something more than DeFi and has been around since TRON first created the TRC20 blockchain for smart contracts.

TRON only lost to Ripple, Ethereum, USDT because they were more famous then TRON and now TRON can still fight it with various DEFIs.

[IyemRoker]

As the price of Tron (TRX) token increases, so will the price of BTC and ETH because they are related to each other.

A market like this is very relevant because Bitcoin and Ethereum are the mother of all cryptocurrencies.
Bitcoin has a very unique effect for TRON and TRON also feels the very unique power of Bitcoin.
Bitcoin then all altcoins can go up in price and if Bitcoin goes down then TRON always goes down but for Justin Sun it's still passionate to support TRON.

[kent47400]

In my opinion, TRON is extraordinary because it is able to increase its price and has the ability to accelerate price increases so fast.
DeFi is indeed very promising for now but unfortunately DeFi is also a lot of Scam coins because there are always loopholes for hackers to seek profit.

On the positive side, DeFi from TRON has never been heard of being hacked because maybe TRON's safety has been tested.

[tonymillions84]

I thiink it is a better idea for project to utilize the tron platform since they offered Zero fees for all transactions. it is difficult to believe that with such opportunity offered by tron, developers still choose the ethereum platform with it high cost of transaction and other issues discovered on the platform.  Defi projects starting on tron are gradually closing down.

[Triedboy]

The price of TRX has increased in 24 hours, that's right.  Its price is increasing every 24 hours. Token gaming sites and gaming site tokens in TRX are increasing the price the most.  Its popularity is growing at a rate where the price of TRX is increasing.

[Dr.lecter]

Without Defi trending, Tron is still good coin to invest. Because of fast transactions and ~ Zero fee, USDT (TRC20) is going replace other platform.