Currency Market
Tron rushing. TRX thrashes top 4 cryptos’ unified daily transaction volume
Most cryptocurrencies are doing their best each day to make sure that they are on the front foot. And we all can see, it seems like Tron (TRX) is in no mode to stop any time soon as the blockchain keeps bringing excellent news for its users almost every day.
Just yesterday, Tron achieved another milestone; surpassed combined daily transaction volume of top four cryptocurrencies. A few days ago, it exceeded 1 million transactions per day as it continues to grow the total number of accounts as well as the online nodes.
Tron on the Driving Seat
On his Twitter account, Tron founder and CEO Justin Sun, announced days ago that Tron surpassed 1 million daily transactions. At the point of that announcement, Tron had recorded 1018795 daily transactions.
Now the daily transactions of Tron have surpassed the daily transactions of four cryptocurrencies combined; Bitcoin (BTC), Ethereum (ETH), XRP and BCH. That is definitely a milestone worth celebrating for Tron enthusiasts and tells that all the partnerships have not been in vain. Tron is aiming for mass adoption and what is more to show signs of achieving that goal than this number of transactions?
https://twitter.com/2ez28u/status/1060388856342691840
Tron users have something to smile about now as their ‘trust’ (yeah, investing money is all about trust, you should invest in only what you trust) is leading even the crypto-king, Bitcoin, regarding transactions.
If you ask any Tron enthusiast, you will get a similar answer across the board; the price. They will want the market price of TRX to be on the move and rank among the top five (if not three). Perhaps, this is achievable going forward as Tron is doing everything possible for the blockchain to take the bragging rights.
Apart from the daily transactions, Tron (TRX) is experiencing accountable growth in its nodes and addresses. These strides alongside the partnerships cryptocurrency is securing, might push it to the top 5 soon.
At the press time, the 11th most significant cryptocurrency by market cap, Tron (TRX), is trading at 0.2344 after going down by 1.99% in the last 24 hours.
For now, we may be talking about Tron surpassing the daily transactions for four cryptocurrencies, but who knows what lies ahead for TRX? Maybe we’re about to see the price of Tron shooting as at the moment it can be depressing to look at with all the developments it’s making.
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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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Manufacturing Industry 4.0 company Smart MFG Tech has announced that it is launching its MFG Liquidity Mining Rewards on LINKSWAP today. LINKSWAP is a decentralized, community-governed Decentralized Exchange (DEX) and an AMM platform, which was created by YF Link (YFL). The team at YF Link says it aims to address “the pain points of second-generation AMMs” by offering such features as Reduced Impermanent Loss, RugLock, SlipLock that are not offered by other platforms.
Smart MFG Tech has said that the first integration of the MFG liquidity mining rewards will use the LINKSWAP LP (Liquidity Provider) Rewards service. It will allow LPs to deposit their LP token(s) (UNI-V2) to the participating rewards pool (ETH|MFG) and earn MFG rewards seamlessly. Smart MFG said it will continue to work with the YF Link team to provide support for other pairs and expand services.
LINKSWAP’s Rewards is a liquidity mining service that enables LPs to earn rewards for providing liquidity in a participating pool. YF Link has implemented a custom frontend solution for Smart MFG LP rewards pool on LINKSWAP. This will allow LPs to add liquidity to Smart MFG’s existing ETH|MFG pool on UniSwap v2 and deposit their LP token(s) (UNI-V2) to their LINKSWAP rewards pool (ETH|MFG).
Smart MFG explained how the rewards can be earned:
“LPs get a share of the transaction fees on Uniswap v2. This is calculated by how much liquidity is provided relative to the percentage…
No matter what our goals are, sometimes just getting started can be the most difficult part of building our savings up. When it comes to investing, many of us are wary of parting with our money to generate more financial security in the future. But what if you can build significant savings without even noticing?
That’s the aim of the micro-investing apps that have come to dominate online stores across Android and iOS. Today, more fintech startups are working on delivering refined solutions that encourage minuscule investments at a more frequent rate.
Micro-Investing apps will look to make saving more accessible to young people – many of whom in the UK have little-to-no money tucked away for a rainy day.
However, the prevalence of money-saving technology and the disruptive chaos of the COVID-19 pandemic appears to have prompted a widespread increase in households saving more of their disposable income:
With micro-investing platforms playing a role in bringing UK household savings back up to five-year highs, is it fair to say that little-by-little investing is here to stay? Let’s take a look at how micro-investment platforms could revolutionise how we manage our finances:
What is Micro-Investing
Micro-investing, or sparse change investing, is a relatively new development in fintech. It effectively enables users to put away small amounts of money towards their long, or short, term goals. The idea…
Bridge Mutual, a decentralized platform that allows users to insure stablecoins, has announced that its native BMI token will be launched on Polkastarter tomorrow, January 30. The Polkadot’s decentralized exchange will host an Initial DEX Offering (IDO) for Bridge Mutual.
“Even the most sophisticated digital asset investors are at risk of losing their funds through various malicious and negligent activities in the blockchain ecosystem. With Bridge Mutual, we believe it doesn’t have to be this way. Using Bridge, people can control the risk exposure of their digital asset investments, just as they do with real-world assets. The Bridge Mutual platform allows people to offer and purchase coverage in a decentralized p2p way. We’re excited kickstart the launch of the BMI ecosystem with a launch on Polkastarter and creating a better way of protecting digital assets for users all over the globe,” Bridge Mutual CEO Mike Miglio said in a statement.
Bridge Mutual allows users to buy and sell insurance for smart contracts, stablecoins and crypto exchanges, peer-to-peer. Users can purchase insurance via the Bridge Mutual app and then file a claim if their digital assets are lost after a hack. “When users lock stablecoins in Bridge Mutual’s coverage pools, those funds are reinvested into popular (and safe) yield generating platforms that return yields to coverage providers. When a claim is approved, stablecoins from the coverage pool goes…
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