There is one cryptocurrency at the moment that resists the trend of losing the gains in the crypto markets and that cryptocurrency is Tron (TRX). Tron pumps higher than the rest of the market slowly becoming one of the best performers on the day as we are seeing in our TRX Tron news. Being low as 200 satoshis in the intraday, Tron increased 8% to reach 216 satoshis, a few hours ago. The gains in dollar terms have similar notions. The volume traded in one day has risen from something over a billion USD to $1.4 billion according to Coinmarketcap.com, while the market capitalization of Tron surpassed $1billion and that puts TRX at the eleventh spot. The founder of the project Justin Sun commented on the reasons that could have boosted the TRON momentum having in mind that all other coins are without any positive action. He stated:

“I know something big for the #TRON community, which will benefit all TRC10&20 tokens. $TRX $BTT $WIN. Can you guess what it is?”

 The announcement of Poloniex for the support for the TRC protocol and TRX base pairs is what the cryptocurrency community is rumoring about. Poloniex had a post with a similar cryptic announcement that was retweeted by Sun some hours ago:

 “We’ve been working on something big for the #Poloniex community. Can you guess what it is?” 

The Tron Foundation claims further network growth and impressive figures in the newest weekly report as TRON pumps higher. The latest advancements in technical development beside the on-chain and dApp data records for the network can be seen in the weekly report of Tron.There was also a growth of 61,000 new addresses in the last week, thus the total number of accounts on the network is now surpassing 4.17 million. In the past week, there were 7 million new transactions contributing to the network and surpassing the total number of 800 million. Maintaining its rate of growth by 0.6% the numbers of dApps on the network made it to 632.The announcement about the launch of the Nile Test Network launch also came from the foundation so it’s no surprise that the project has been winning awards on Chinese crypto media which tends to favor the homegrown platforms.  The Tron fundamentals are continuously improving but there is still a lot of FOMO with the anticipation of the Poloniex listing. TRX is one of the best-performing assets at the moment. 

Justin Sun triggers the markets with a new announcement that he made of an alleged TRON acquisition but there were no further details forthcoming however he suggested that the public should ‘’stay tuned.’’ In our TRX Tron news, we take a closer look at the latest announcements.A lot of the participants within the crypto market, see Justin Sun as a more of a publicist and with his long history of hyping sensational news which has proven to be a non-event or even a lie since the skeptical among us remain suspicious over the announcements today. The best example of his actions was when the CEO of TRON should have attended the charity lunch with Warren Buffett which of course, never happened. At the time, Sun claimed that he had serious problems with kidney stones and he said he will re-schedule the meeting.However, soon after, the rumors emerged that he was detained by Chinese authorities on the grounds of fraud investigation and this was later refuted after the footage of him live streaming from San Francisco emerged. Five months later, we have still no information about what really happened or whether the launch will ever occur. Sun admitted to his status as a sensationalist character and regarding the power lunch, he apologized and said:

 “My immature, naive, and impulsive conducts with my big mouth have turned it into an out-of-control and failed over-marketing hype and led to a significant series of unexpected consequences.”

Despite the fact that some people accuse him of being a shameless promoted, he is still a prominent figure in the crypto world and his announcements have been out of the park recently. To start with, Justin Sun triggers the crypto markets again once Tron has been integrated into the Samsung Blockchain Keystore. All of the Samsung S10 users can now access the tron tokens and tron dapps via their smartphone. Sun said:

 “I believe that this partnership is big news for the crypto industry. Right now, TRX is the native currency embedded within Samsung phones after the S10 and S11. That’s why I believe it’s very significant considering Samsung’s large user base, in which billions of people around the globe use their products every day.”

Binance’s and TRON’s social media accounts were based on the Chinese microblogging platform Weibo as we are reading further in the TRX news today.A few hours ago, Binance And TRON were removed from the most popular social media websites and the translation of the removal explained that the ‘’account is in violation of Weibo community rules and regulations.’’ Both of the platforms didn’t respond further to any questions they received. Back in June, Justin Sun won a charity auction to have the popular crypto lunch with Warren Buffet and he canceled the meeting saying that he had a terrible case of ‘’sudden kidney stones.’’Shortly after, the Chinese news publication the 21st-century Business Herald reported that the TRON network as being used to facilitate the illegal gambling in the country and that the founder of the project Justin Sun’s social media app Peiwo was only used for pornography transactions. Another Chinese media publication Caixin added another twist to the story claiming that Sun was barred from getting out of the country by the Chinese authorities that piled allegations of illegal fundraising and money laundering but also that Sun was involved in facilitating the pornography and gambling transactions.Justin Sun denied the allegations but the incidents spiked after Sun issued a several page apology on Weibo for his ‘vulgar hype and marketing behavior’ but of course, the apology was deleted shortly afterward. One of the reasons why Weibo decided to remove TRON could be related to one of these incidents.China, on the other hand, has been extremely hostile towards the cryptocurrency since in 2017 the country banned initial coin offerings and shortly after it outlawed all of the crypto exchanges in the country forcing Huobi, Binance and OKCoin to move to friendlier crypto countries but other smaller exchanges were not so lucky. In April, China’s national development and reform commission which is a top-level economic planning agency proposed to categorize Bitcoin mining as a wasteful industry that should be eliminated or at least restricted. However, the commission scrapped the proposal later.The central government of China also has a high degree of control over the local media and it is known to always censor the content that challenges the authorities and Weibo also falls under this framework. Given the entire history of the country and its stance on crypto, the removal of Binance and TRON is not surprising at all.

Tron will surpass Ethereum the following year according to the popular Bitcoin Developer known as Udi Wertheimer who announced his predictions for the future of both digital assets. Let’s find out more in the following TRON news today.Ethereum is still the second-largest cryptocurrency by market cap and has been among the favorite and most important crypto projects on the market. Ethereum was the one responsible for bringing us closer to the second generation blockchains and the one that created the ecosystem of decentralized applications. Ethereum was also the one that created the functional smart contract platform.However, Ethereum saw a lot of competition on the market and a number of competitors emerged while most of them disappeared as the years went by. However, TRON is one of the project’s main competitors and according to the BTC developer Udi Wertheimer, Tron will surpass Ethereum in 2020.Of course, this seems like a rather bold statement at first since Wertheimer came up with the prediction after listening to the founder and CEO of TRON Justin Sun and discussed the new partnership between Poloniex and TRON. Sun mentioned that he has a lot of new plans after the partnership such as listing more digital assets and there could also be more partnerships in the near future. The Bitcoin developer also stated that TRON boasts faster development and better censorship resistance but also improved transactions which are far better than Ethereum.Justin Sun is well-known for his announcements and creating hype around the crypto project which is why many have taken his statements and plans with a little bit of doubt. A lot of people don’t really think much of poloniex nowadays after the incident in 2018 when the exchange took about 1800 BTC from its customers and didn’t pay them back.Others also noted that the crypto exchange is not really addressing the issues and they are not to be trusted which also implies that the partnership with TRON is quite untrustworthy. Sun addressed his followers to use Poloniex and to help the exchange expand even more. He praises the platform as the first exchange that allowed the crypto community to purchase coins such as TRX and ETH which is why he chose it in the first place. As for the future, Sun announced that the platform will start offering more TRC-10 and TRC-20 tokens.