For the past seven days the pair’s TRX/USD price movement kept dropping until it hit a point where bears and bulls have balanced above the major $0.02400 level. As long as the mentioned mark mark holds there is a chance for a third attempt to overcome the $0.02520 in the near term.
Tron [TRX] Latest
– Via TRON’s Foundation official twitter handle – it has been confirmed that Baidu – Leader in Internet Service, and Tron’s team have entered a partnership to deliver blockchain based technological solutions.
#TRON is joining forces with Internet service giant Baidu and will continue to work with large cloud service providers to offer blockchain solutions, make the technology more accessible for users and small business alike. End goal: mass adoption of #blockchain. $TRX pic.twitter.com/v39Zm7zMc4
— TRON Foundation (@Tronfoundation) October 18, 2018
The above statement could be meaning that Baidu and Tron Foundation are targeting to offer BaaS or Blockchain as a Service. This is a service where customers leverage cloud-based solutions to build, host and use their own blockchain applications, smart contracts and functions.
– On Sep 25th one of the leading crypto-exchanging platform Binance commenced the BCF or Blockchain Charity Foundation to support the application of blockchain-tech for social good. Additionally, Justin Sun – the CEO of Tron added his support too to the initiative that BCF and UNDP – United Nations Development Programme, have started. TRON (TRX) has pledged to donate an initial $3 Million to BCF to be used towards the advancement of blockchain efforts for charity.
– Tron’s mainnet hit another record number of transaction in 24-hours only being approximately 600,000 – based on a post made by TRXPLORER.
➡️Yesterday we had the highest spike of transactions on #TRON network with almost 600k transactions in a day !
✍️77% of those transactions were Smart Contracts that were triggered !
🚀🚀@Tronfoundation @justinsuntron #trx pic.twitter.com/7YzyEhlLO1
— TRXPLORER.io (@trxplorer) October 19, 2018