Tron (TRX) is growing at a rapid pace. The blockchain usage of Tron (TRX) is increasing sustainably. The question is, what is fuelling this growth. Many cryptocurrencies have the latest blockchain as well as advanced features on the blockchain. However, it seems like Tron (TRX) is pipping them all in order to add a significant number of new users.
Is Justin Sun’s call finally helping Tron (TRX)?
If you recall, a few weeks earlier, Justin Sun had called for the developer of decentralized applications to migrate from Ethereum (ETH) and EOS to Tron (TRX) blockchain. In fact, Justin Sun had stated that they will be soon building a fund in order to help migrate the decentralized applications from the troubled blockchains of Ethereum (ETH) and EOS to Tron (TRX). It seems like the call of Justin Sun to migrate to the Tron (TRX) blockchain is finally yielding results. Even in the downturn, the number of users of the blockchain is increasing significantly.
The pace at which Ethereum (ETH) had gained 1 million users after the launch of its main net was pretty slow. It took more than a year for Ethereum (ETH) to do so. Tron (TRX) has been able to do this within the same year. This speaks volumes about the type of features which are provided by the Tron (TRX) blockchain.
With the increase in the usage of the blockchain, eventually, the Tron Coin price will increase as well. It remains to be seen when that finally happens. Like most of the other cryptocurrencies, it has fallen as well but it is comparatively outperforming the other cryptocurrencies in its fall. Thus, the initial traction is there for all to see. Once the cryptocurrency markets start recovering, cryptocurrencies like Tron (TRX) which have improved their fundamentals over the past one year will outperform on the higher side as well.