Tron’s TRX Token Now Live on Ethereum Blockchain, Price Surges 12%

Tron’s TRX Token Now Live on Ethereum Blockchain, Price Surges 12%

TRON’s TRX has gained about 12% in the previous 24 hours as per CMC.
The trading platform applied to be a VASP last week and is now awaiting approval.
On Friday, Justin Sun announced on Twitter that TRON’s TRX cryptocurrency is now live on the Ethereum blockchain. This was possible through the BitTorrent bridge. TRON’s TRX has gained about 12% in the previous 24 hours, and is now trading at $0.08522.
With the BitTorrent Bridge in place. Assets might be transferred quickly and easily between blockchains that use the Ethereum Virtual Machine (EVM) and Tron.
Major Boost for TRX
TRON’s native cryptocurrency’s liquidity and adoption in DeFi protocols will both be boosted by the bridge. The total amount of assets locked in over 800 protocols on Ethereum’s network exceeds $80 billion, making it the biggest DeFi ecosystem at present.
With $5.61 billion secured on 22 protocols, Tron has the second-highest TVL among blockchain networks. Sun had earlier tweeted that the May 31st volum

Czytaj więcej

We współpracy z: https://thenewscrypto.com/trons-trx-token-now-live-on-ethereum-blockchain-price-surges-12/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy