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Tron CEO: XRP Surge Signals Blockchain Adoption

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Following the recent XRP price surge, Tron CEO Justin Sun stated that he believes that the new situation might indicate blockchain adoption by financial institutions. A recent Ripple news regarding XRP price surge has brought the third largest coin by market cap back into the center of attention in the crypto world. So much so, in fact, that numerous crypto experts have started viewing it as an indicator of big events to come.

TRON CEO Justin Sun announced recently via Twitter that the price surge might mean that banks and other financial institutions might be getting ready to adopt blockchain technology. The excitement around Ripple products would certainly indicate so as well.

Tron CEO Justin Sun expects financial institutions to adopt blockchain

Only days ago, Ripple news regarding the coin’s price surge erupted, and everyone’s attention was turned toward the world’s third-largest coin. The price surge was easily the biggest one since January, and Ripple skyrocketed by over 181% in days between September 18th and 21st.

Not only that, but XRP also managed to surpass Ethereum, and take over its position as the second-largest, several times. Ethereum quickly regained its position, however, but this is still more than a noteworthy event in Ripple’s history. While many were thrilled about the price surge, TRON’s Justin Sun sees this as an indicator of something bigger.

According to him, Ripple’s actions might mean that financial institutions might be getting ready to officially adopt the blockchain technology.

He also congratulated Ripple, as well as Stefan Thomas, the company’s former CEO.

Ripple news also mentions soon xRapid launch

One of the reasons behind the XRP price surge, or maybe even the main one, is a recent announcement made by Ripple. The company unveiled plans to launch their long-awaited xRapid product. With such an announcement and the price surge combined, Ripple seems to be doing better than many other cryptos at the moment. Not only that, but PNC Bank also contributed to the coin’s new success by recognizing its protocol, as well as possibilities that ti can open up in the world of finances.

As for Tron CEO Justin Sun, he and his team are currently working on promoting TRON (TRX) itself, TRON has also received a lot of attention this year thanks to numerous positive events. One of the most notable ones is the company’s purchase of BitTorrent, and a later announcement of the Project Atlas, which will have BitTorrent as one of its vital components.

Thanks to these events and announcements, TRON popularity has grown a lot, but this has yet to reflect upon its price. TRON is currently ranked as the 13th largest coin by market cap. Its price is $0.021118 at the time of writing, with an increase of 2.21% in the last 24 hours.

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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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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Altcoins

TRON (TRX) Is Likely to Go Big in June

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We are now halfway through 2019, and the situation in the crypto space is better than ever in the past year. Numerous cryptos are seeing large gains, often cut by brief periods of stagnation or small corrections, but the overall sentiment is obviously bullish.

Bitcoin sits way above the $8k mark, and while it struggles to go beyond $8,700, it is still trying to grow. Investors and analysts are quite bullish regarding the foreseeable future, and a lot of altcoins are expected to follow BTC in this regard. However, today, we would like to talk about one particular altcoin — TRON (TRX) — as well as why it is likely to go big in June.

TRON’s progress so far

As many people in and out of TRON community know, TRX is not a project that often sits still. It is rich with announcements, particularly when it comes to his CEO, Justin Sun, whose enthusiastic tweets often seem like hype building to many.

However, TRON made some massive progress in 2018, which was the worst year cryptocurrencies have ever seen. This is not something that can be achieved through hype alone, and the project needs to have true quality and value in order to see such massive development in the middle of the longest and harshest crypto winter in…

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Altcoins

IOTA (MIOTA) Pending Update Might Bring Huge Gains in Days to Come

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The crypto space is erupting once again, and if popular predictions are correct — the growth is only starting. However, in the vast sea of altcoins that hold the massive potential to go big in the future, we would like to set IOTA aside as one of the coins that might blow up quite soon.

As always, there are no guarantees of this, as the crypto space still lacks regulations, and remains highly volatile. To see proof of this, all you need to do is look at Bitcoin, which goes up by $1,000 within a day, only to slowly drop by $700 in the following week, and then repeat the process. In other words, there is still a lot of uncertainty regarding any project, and that includes IOTA.

However, even with all of that in mind, many are quite optimistic about this particular project, especially after a recent announcement. The announcement in question indicates that IOTA is about to see a massive upgrade. In most cases, this would be more than enough of a reason to expect the coin to start performing better. But, in IOTA’s case, this is nearly a guarantee that it will.

The update is believed to carry a lot of fixes for a lot of problems that traders and investors have been reporting for a while. No crypto is perfect, and since IOTA is…

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