Tron’s platform grew in popularity especially due to its unique system which boasts various features such as streaming, content delivery, and holding storage securely.
During the past few weeks, the platform enjoyed huge growth, especially regarding transaction volumes.
Justin Sun made sure to keep the Tron community updated with all the achievements on Twitter.
Tron is ten times bigger than EOS
In a recent tweet, he announced Tron enthusiasts that Tron’s transaction volume on a daily basis in increasing at the high rate of $20,000.
“#TRON account Daily increase 20k+ a day! New record and now it is 10x than EOS! #TRX $TRX,” Sun writes.
He also said that the new record makes Tron ten times bigger than its rival EOS, as CryptoDaily reveals.
https://t.co/cAeZU5w1jW breaks 100 million $TRX trading volume! Next milestone is 500 million #TRX! #TRON
— H.E. Justin Sun🌞(hiring) (@justinsuntron) November 15, 2018
Tron supporters have been celebrating the token’s achievements, but some of them have also been expressing their concern regarding its growth, saying that the large volume may not count.
Some users were in shock that Tron’s volume jumped from $1 million to $2 millions like this.
Other users posted the question regarding what type of utility could Tron bring to the table especially for institutional investors.
Justin Sun doesn’t seem at all bothered by all these questions or sometimes lack of trust and the main sentiment floating in the Tron community is that everyone’s waiting for the token to mirror its successes and achievements and important partnerships and rocket straight to the moon.
Tron reaches 12 million smart contracts
Another milestone that was just hit by Tron is that it reached 12 million smart contracts just two weeks after the team launched the protocol.
Justin Sun’s plans are very bold, as he hopes to hit the target of 50million by the end of the year.
#TRON Weekly Report 11.10-11.16 in #English #German #TRX $TRX pic.twitter.com/kKS4ayD1E0
— H.E. Justin Sun🌞(hiring) (@justinsuntron) November 19, 2018
Back in October Tron activated its Virtual Machine and Justin Sun tweeted back then, “TVM will go live, marking the start of the Smart Contract Era. TRON will be 200x faster vs. ETH, 100x cheaper vs. EOS. dApp developers & users, this one is for you! $TRX.”
Tron’s weekly report is out as well and you can read it in Sun’s tweet above.