Tron (TRX) outperforms Bitcoin network by transaction amount

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Youri Molchan

In a few years, the young platform Tron managed to surpass the ‘crypto father’ Bitcoin by the number of transactions on the network

It’s been a successful year so far for Justin Sun and the Tron network. Tron has surpassed Ethereum and EOS in the number of dApps, transactions per second, and new accounts created by users on the platform.

The platform’s CEO regularly posts updates and other good news on his Twitter account, producing joyful responses from the Tron community.

Leaving Bitcoin Behind, Not at Market Price, However

On May 9, Justin Sun announced more good news on his Twitter page – Tron overtook Bitcoin by total number of transactions. Tron left behind all the work the Bitcoin network did in ten years and did it in just over 300 days.

Yet, if we look at CoinMarketCap.com, Tron is currently in position #11, while Bitcoin all these years has not moved from #1. The price difference cannot be compared either, nor can the trading volume.

Additionally, institutional investors are increasingly drawn to Bitcoin as a great, albeit still quite volatile, investment option, “digital gold” as they call it.

https://coinmarketcap.com/
https://coinmarketcap.com/

Recent bold predictions from crypto analysts promise that in a few years Bitcoin price will reach $100,000 to $400,000. John McAfee insists that BTC will not be worth less than $1 million by the end of 2021.

The number of Tron nodes increases

As Misha Lederman writes on his Twitter account, the number of Tron nodes is increasing along with the use of the Tron blockchain.

On Thursday, U.Today reported that to date, the number of Tron nodes has reached 1,357. It has grown from 1,100 in a few days.

Tron and Tether

Another crucial recent achievement of Tron is its partnership with Tether Ltd, the issuer of the stablecoin USDT. Now Tron is issuing a new type of USDT based on its own token standard and replacing old Tether coins with Tron-USDT coins.

Currently, Tron holds around 3.5% of the total supply issued by Tether.

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