Another day another strike by Tron, TRX listed on Blockport

Published

5 years ago

November 12, 2018

Tron network and TRX coin only getting stronger every day. It’s another day another exchange for Tron users. Tron’s objective to establish a genuinely decentralized internet and its infrastructure seem to be moving in the right direction each day as the Tron foundation is doing everything possible to make that a reality. The latest listing is among the many ways that will make Tron get to the moon sooner than many may expect.

Tron Now Listed on Blockport

The Amsterdam-based social cryptocurrency exchange, Blockport has listed Tron (TRX) on their trading platform. The addition marks the 10th cryptocurrency to be listed by Blockport, and it means that now all Blockport users will have the opportunity to buy/sell TRX through the platform’s euro gateway.

The great news is the fact that Tron’s European community now has direct access to the Tron (TRX) token through the Blockport platform which is reported to be highly user-friendly. Blockport bridges the traditional finance with the current digital economy of cryptocurrencies.

Basically, the platform allows the buying, selling and exchanging of the leading cryptocurrencies with Euro directly. BPT (Blockport Token) provides the users with access to discounted trading fees and social trading features on the exchange platform. Not too long ago, BPT became available on the Blockport platform itself.

Thanks for the support to #TRON. #TRX $TRX https://t.co/FnYMhrQknS

— Justin Sun???? (@justinsuntron) November 12, 2018

As things look, Blockport is doing some great work, and it’s keeping the momentum high as a week ago they also listed IOTA and NEO to their trading platform. Also, they enabled the Fiat (euro) withdrawal functionality successfully on their platform which means users get maximum utility out of the trading platform as well as being able to withdraw directly from the euro wallets.

Tron has an open, distributed storage technology and decentralized platform which allow creators of the digital content to get off the middlemen like Google Play Store and Apple Store. With it, content producers obtain funds directly from the consumers. And its native token, TRX, is getting noticed everywhere and becoming available to more people every day.

Nevertheless, Blockport is picking wisely for their listing and no harm to say that it’s going crazy with the listings recently. They say ‘coming soon,’ and less than 48 hours it goes ‘live.’

Probably the next listing isn’t far away and who knows if it’s the exchange on fiat currency for the European community. However, one thing is for sure, Tron, for now, is ticking every box to hit the moon (time will tell only) and until that happens, we’re all on the watch for the next big news from the house.

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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.

Image courtesy of Skeeze/PixaBay

Crypto

BNB Price Surges Past $300, Faces Crucial $339 Hurdle: What’s Next?

Published

4 months ago

December 29, 2023

Crispus

BNB price has noted significant gains over the past few days, surging past the psychological resistance of $300. The native cryptocurrency of the Binance Exchange has surpassed Solana to regain its position as the fourth-largest cryptocurrency by market cap. The digital currency has been rallying lately with a 7-day profit of more than 15%. Additionally, BNB has clocked a phenomenal gain of 38% in the month to date.

Binance Coin Outlook

BNB price has been on a strong bull run for the past week, breaking out of its consolidation. Even so, the asset has experienced a correction in its uptrend over the past 24 hours but remains above the crucial level of $300. BNB’s total market cap has decreased by 4% over the past day to $48 billion, while the total volume of the asset traded over the same period dipped by about 15%.

Over the past year, Binance Coin has had to cope with Fear, Uncertainty, and Doubt (FUD) on the back of the regulatory troubles of its underlying exchange. Earlier, the BNB price touched a low of $223.50, a few days after its former CEO, Changpeng Zhao, pleaded guilty to money laundering charges. However, the cryptocurrency has managed to rebound 46% in value since then.

The recent price rally has been associated with various positive developments in the Binance ecosystem, including the Introduction of the Isolated Margin Auto-Transfer Mode. This feature enables…

Altcoins

Solana Price Surges Beyond $100, Dethroning Ripple and BNB To Secure Fourth Place

Published

4 months ago

December 27, 2023

Crispus

Solana price performance in recent times has been remarkable, surpassing Ripple and Binance Coin to become the fourth-largest cryptocurrency by market cap. The SOL price breached the critical level of $100 for the first time since April 2022 over the weekend to imbue optimism among investors. However, the altcoin has corrected by 7%, suggesting that the market is overheated. At the time of writing, the ‘Ethereum killer’ was trading slightly lower at $111.60.

SOL Outlook

Solana price has made a significant recovery over the past few weeks, climbing above the psychological level of $100. The altcoin has been one of the best-performing assets this year, extending its year-to-date gains to more than 1,025%, with more gains recorded in the past month alone. However, even with such growth, analysts have noted that Solana has a bleak chance of topping its ATH of $260.

The reason behind this is the increase in supply relative to its value. In November 2021, when the Solana price hit its all-time high of $260, its total market capitalization was around $78 billion. Despite the value of the crypto asset being less than half of what it was at the top, its market cap is currently hovering near $50 billion.

This has been brought about by the increase in the Solana supply by more than 100 million SOL over the past two years. According to some analysts, for the altcoin to retest $260, its…

Altcoins

Solana Price Skyrockets to 20-Month Peak Amidst Memecoin Frenzy

Published

4 months ago

December 22, 2023

Crispus

Solana price has noted significant gains over the past few weeks, climbing to its highest level since April 2022. The ‘Ethereum Killer’ almost topped the crucial level of $100 on Friday, before pulling back slightly. The asset’s recent surge has catapulted Solana’s total market cap to $39.6 billion, ranking 5^th after and above BNB and XRP, respectively. Solana has jumped by more than 22% in the past week and more than 80% in the month to date. At the time of writing, SOL price was trading 0.90% lower at $93.10.

Catalysts Behind SOL’s Rally

Solana price has been on a strong bull run over the past few days, rocketing to its highest level in 20 months as the network benefits from the substantial activity and strong interest in memecoins. The SOL token, the native digital asset of the high-performance blockchain platform Solana, has shown some serious strength over the past few weeks, outperforming all the altcoins in the market.

The recent surge in the Solana price has been linked to heightened on-chain activities on the Solana blockchain. Notably, the ongoing hype for the blockchain’s speedy transactions, cheap fees, and a lottery of meme coin issuances has buoyed SOL’s on-chain activity. Metrics have revealed that Solana has been the strongest draw among on-chain traders, with trading volumes and network fees outperforming Ethereum- the largest altcoin by market cap.

Cited figures provided by DeFi aggregator DeFiLlama…