Why has TRX (TRON) appreciated almost 30% in the last week?

By PhoenixDev | CryptoWorld - CW | 16 Aug 2020

This past week, TRX, the cryptocurrency of TRON, has risen in value by almost 30%.


Something similar has happened with Waves.


This was due to information released on August 13 indicating that both platforms had partnered, and that TRX (and TRON's TRC-20 tokens) would be available on the Waves blockchain through Gravity.


Gravity is a blockchain that enables cross-chain communication (so TRON and Waves will be able to communicate with each other, with their corresponding smart contract languages: Solidity and Rides).

Through Gravity it will be possible to develop applications that are compatible with both blockchains, a point of great importance due to the increase in DeFi. This will allow breaking some of the barriers that hinder the adoption of cryptocurrencies, such as the fragmentation of the blockchain ecosystem.

Thanks for reading this post and, see you soon!

If you like this post, you can consider making a little direct donation to:

Bitcoin: bc1q5rqcqtyqftgyfzfqeks5qm3v8qw2qd6r75fs5x
Ethereum: 0xEF67b8539ff06a390ef5DA7C9c92AA7FfB611699
Litecoin: ltc1qjy76n78utl86u49kaegt6gmxeu6mcuj8kn8ley

Don't forget to give a thumbs up or share this post with other people!You can check out my other posts here: https://www.publish0x.com/@PhoenixDev.

If you want to join Publish0x, feel free to use my link: https://www.publish0x.com?a=KQe1wE4qbJ

How do you rate this article?




Interested on Blockchain and Cryptocurrencies.

CryptoWorld - CW
CryptoWorld - CW

News about Blockchain and Cryptocurrency.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.