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Tron (TRX) launches official developers network website, TronGrid

Published

6 years ago

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Tron TRX

A day after another it seems like we should expect some announcements from the Tron CEO, Justin Sun. Perhaps it’s for the better of cryptocurrency, and it reflects the effort being put in place to make sure that the coin ranks high. The future is only predicted and not known for sure, but who knows maybe Tron is headed to become a real big fish.

Tron has already made several partnerships with various firms with the aim of doing better than its competitors. One of them is BitTorrent whereby the blockchain project is expected to lead much into mass adoption. Tron has gone now gone a step ahead to put a smile on the developers’ faces with the launch of TronGrid website.

Developers Have the Easy Way

Similar to Ethereum’s Infura, TronGrid website will merely provide the developers with easy access to the Tron Network. Besides, it will as well help with the creation and the release of dApps, and smart contracts.

What the blockchain firm has decided is to provide a better experience to its developers as a collective effort to its development. Perhaps developers only can significantly help to make this blockchain great hence they are crucial. Therefore, with a developer webpage now under Tron Foundation sleeves means that anyone having an interest regarding the blockchain technology can access and explore the blockchain platform easily.

TronGrid uses the SpringBoot to create a query interface. It takes Java-Tron and then writes the events into Mongo DB. The user can poll the details of the smart contract. The website will also provide the clients running in the cloud so that there is no need to run them individually to work with Tron.

There is no denial that TronGrid will allow the developers to access all the essential tools for developing decentralized applications all on the Tron protocol. The founder of blockchain organization, Justin Sun confirmed the launch of the developer website in a tweet to his followers as well as the TRX enthusiasts expecting them to enjoy.

For the blockchain project, there is only one way to achieve its goals, and that’s the forward way alone, sticking to what they believe is the best. But time will tell where Tron (TRX) reaches (things looking good and steady so far). In regards to the TronGrid website launch, perhaps the developers should be licking their lips by now.

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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?

Published

4 months ago

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December 29, 2023

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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

Published

4 months ago

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December 27, 2023

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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

Published

4 months ago

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December 22, 2023

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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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