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Tron (TRX) wants you to join them and support Net Neutrality

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Tron

From the very beginning, Tron has been a project with a mission. Just as Ripple’s objective is to make blockchain technology the tool around which all the international payments in the world are settled quickly, cheaply, safely, Tron (TRX) aims to use the blockchain so that the whole of the internet becomes decentralized.

Neutrality means that no single corporation or authority (Comcast, Google, AT&T, Verizon, Telmex, Microsoft, Facebook, and many others) is able to decide whether a packet of information is more important (or urgent) to deliver that some other packet. Your ISP should treat every information packet in a democratic, egalitarian way so that everybody gets the same services, whatever you’re doing with it.

Because of recent lobbying by big corporations in the US Congress, Net Neutrality is in danger these days and that worries Tron (as it should worry you, and everybody else).

Since Tron wants to decentralize the web via blockchain technology, neutrality in the web is a necessary condition. That’s why Tron has taken a public stand in defending net neutrality by donating $10,000.00 to the Donatefornetneutrality.com website.

Tron believes in upholding neutrality. It’s analog to freedom of speech, independence, and freedom in the digital world. It’s under siege by American politicians and Tron is inviting everybody to take a stand on this issue and support the fight for neutrality by donating to that same website.

This is not just about Tron’s ambition to decentralize the web, but it matters for all of us. Keeping neutrality alive is the only way we all have to make sure that the internet remains free and doesn’t become a kind of digital dictatorial regime in which the big corporations in telecom end up deciding everything that happens with every user in the world.

This is a controversial issue, of course. Many internet users think that fast internet connections should be more valuable than slow ones. That high-quality content should have more value. The problem here is, who is going to decide what high-quality is? It won’t be users, universities or scientists. It will be Google, or Youtube, or Facebook, or Microsoft.

The DonateForNetNeutrality website aims to raise $100,000.00 to fund the fight for net neutrality. They currently have $38,328.00, and every donation you make will be doubled by their sponsors. You can even make donations in cryptocurrencies.

The point in this campaign is to overrule the latest FCC ruling that killed net neutrality, only a few months ago. There is a mechanism called “Congressional Review Act” (CRA) which allows reversing previous decisions.

The problem is that time is running out and if this reversal doesn’t happen quickly, it could become permanent. That would make everything much harder to correct in the future. Making this happen will need to get the attention of some key lawmakers who are facing difficult races so that they start listening to their constituents.

  • This is what happens with the money you donate for this cause:
  • Congressmen and women get millions of calls, emails, tweets.
  • It finances crowdfunded billboards, newspaper ads, and online ads.
  • Organize local actions and events.

Keep this in mind: while Tron is not based in the US, the organization understands that lack of neutrality is going to affect every internet user around the world and, especially, the crypto verse in which decentralization and democracy are core values. Tron’s heart is in the right place. Let’s try and follow suit.

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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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Crypto

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

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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…

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Altcoins

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

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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…

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Altcoins

Solana Price Skyrockets to 20-Month Peak Amidst Memecoin Frenzy

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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 5th 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

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