Decentralized Tron exchange hits 100m TRX trading volume, Sun eyes 500m - Global Coin Report
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Decentralized Tron exchange hits 100m TRX trading volume, Sun eyes 500m

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The Tron community is undoubtedly taking every step possible in making sure that it does the best in the crypto world and takes the front seat. The progress TRX is making on a daily basis seems to be paying off well as it is attracting attention and for that reason, the trading activities on its decentralized exchange platform, DEX, are booming.

Tron (TRX) beats 100 million trading volume today

It has been merely a few days or so ago since DEX was discovered on Tronscan.org by Tron but the activities are ‘going crazy’ according to the blockchain firm’s founder and CEO Justin Sun. Initially, Tronscan.org DEX recorded around 25,513,713 TRX which only doubled in a day to about 57,957,467 TRX.

At that rate of increment, earlier today, it was noted today that it had reached 94 million TRX and Justin Sun seemed to be pretty sure that by today they will break the 100 million TRX mark. And guess what that has happened already.

This news has made several crypto enthusiasts believe that currently, Tron is in a league of its very own even with others overseeing it to overpass Ethereum sooner or later. And, it doesn’t seem that the 100m mark will be the last for Sun-led cryptocurrency firm as they aim to keep launching several tokens and projects on the platform. And of course, as Sun has set 500 million DEX trading volume as the next milestone for TRX.

As things stand, Tron is showing no signs of slowing down any time soon. Everyone is excited to see the next coins that would get added and several others were expecting something extra from the blockchain firm on hitting the 100 million trading volume mark.

Being able to keep featuring in the top crypto news platforms right from the beginning might have been the reason for the spike of its popularity. Nevertheless, several people have taken notice of good strides made by Tron, and now are investing in the TRX token which only means that its price will probably go to the moon. Of course, when the next crypto bull run comes, which looks a bit far from now after the recent crypto market fall.

Following this explosion of activities on the decentralized exchange platform, it’s evident that Tron is pushing the ladder high as shown by the rising trajectory on the value of the token over the past week (until yesterday market collapse happened).

The same is expected to continue as DEX keeps attracting more and more users, and of course, TRX keeps getting listed on other exchanges too. Whether Tron realizes its dream of becoming the best crypto is something that only time will tell, but currently it seems to be on the right path to achieving that milestone.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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