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Tron market update: TRX/USD gaining ground from recent losses

  • TRX has gained over 2.5% in recent 24 hours.
  • Tron is getting ready for the SUN Network protocol activation.

TRX/USD has recovered from the recent low of $0.0255 to trade at $0.02800 by the time of writing. Being the 11th largest cryptocurrency gained 2.5% in recent 24 hours The coin is moving in sync with the rest of the market.

Meanwhile, Tron is getting ready for the SUN Network protocol activation. According to the creator of the project Justin Sun, the process will not require Tron’s mainnet update. The decentralized apps (DApps) won’t be affected either even if they don’t switch to the new protocol.

“MainNet doesn’t need to be upgraded after the launch of #SUNNetwork(DAppChain). #DApps won’t be affected if they don’t switch to DAppChain. For good user-experience, DApps will only need to integrate with side-chain SDK with simple configs to move from MainNet to DAppChain.,” he wrote in his Twitter account.

SUN Network will make the infrastructure cross-platform and add side-chains functionality of DApps. According to Justin Sun, it will allow to significantly increase the network’s throughput capacity.

SUN Network will be launched in three stages: test version will be launched on May 30, the alfa version will be released on August 10, while on September 15 Tron will initiate optimization procedures.

Author

Tanya Abrosimova

Tanya Abrosimova

Independent Analyst

 

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