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Although it was not in the top 10 of the largest coins for most of 2018, TRON (TRX) was undoubtedly one of the most productive currencies of the past year. It has already made a name for itself in the Crypto community and in 2018 it has been so successful that it is impossible to list and correctly explain all the results achieved.
In fact, TRX supporters are very optimistic about this currency. Despite all the difficulties that cryptographers had to face during the previous year, the crypto community remains convinced that cryptocurrencies will recover, no matter how long it will take. There may be significant changes in the market structure when this occurs, which is not much questioned.
Many coins that are currently still active will probably disappear in the process, especially if they are weak projects without adequate support or plans for the future. However, there are many people who firmly believe that TRON will not be among them and that this currency has excellent chances of being one of the most dominant cryptos of the future. The evidence certainly indicates that this way of thinking could be correct and that the TRX has a lot of potential to become one of the best coins of the third generation of cryptos.
TRON events and performances in 2018
Similarly to all other cryptocurrencies out there, TRON suffered significant losses in January 2018, after the market crash, which eventually took away up to 90% of the value of most currencies. Only one encryption from the event to date has not been recovered, and probably will not happen for a long time to come.
However, while its value may be low, TRON has made much progress on practically everything else. There was a time when the coin announced new partnerships, listings and similar types of support practically every day. Even now, its creator, Justin Sun, regularly publishes updates on new cards, projects, events and details on the development of the TRON ecosystem.
In 2018, TRON also succeeded in launching its TestNet, followed by MainNet, an exchange of tokens, several symbolic burns, the election of representatives and, finally, the purchase of BitTorrent, which led to its project Atlas . Of course, all this did not come immediately, and in reality it took months of preparation, planning and negotiation to make it all happen as it happened. However, this still does not make it less impressive.
After the launch of MainNet, TRON has also started to see many developments on its new blockchain, especially when it comes to dApps. While there are many projects dedicated to the creation of dApp – such as Ethereum, which has given rise to everything, EOS, NEO and others – TRON seems to have something that other projects lack, something that makes its dApp much more effective.
It is because of this special ingredient that the use of TRON dll led to record breaking of coins in relation to the volumes of daily transactions. It still has only a few dApps finished, although many others have been created right now, and most of them will probably be completed in 2019. Meanwhile, the TRON objectives have not changed, and still aims to revolutionize the industry entertainment and decentralize the web, with Project Atlas being the first major step on the road to achieving this goal.
What to expect from TRON in 2019?
Because of the crypto-rudeness of 2018, not many people in the crypto community are sorry to see the end of this year. So far, 2019 is mostly considered the year of opportunities and untapped potential. The cryptography market is not in great shape at the moment, especially when compared to the situation at the end of December 2017 and beginning of January 2018.
However, while many have begun to rethink their involvement with cryptography, there are also those who firmly believe that things will get better. In the case of TRON, the currency had losses in 2018, as mentioned, and this is true. However, it has also used the year to set a solid foundation and make preparations for a large take-off, which could take it to the skies when the appropriate conditions are met.
The current efforts of the project mainly focus on the development of its platform, the construction of several projects (including Atlas), the improvement of DEX and more. A lot of people see Project Atlas as the biggest TRON announcement of 2018, as well as the most important thing coin developers are working on at the moment.
As mentioned, it includes BitTorrent, which is the main reason why developers got it in June 2018. The plan is to use the BitTorrent network to improve the reach of TRON, but also to help many new users who are encrypted to enter the space by providing rewards for sowing the content. Although it is not expected that many people actually interact with TRX via BitTorrent, it will still reveal the possibilities of doing so to many.
It seems that TRON's moves focus primarily on building a community, expanding, improving and providing ways to survive through rewards and similar incentives. In addition, BitTorrent has already started accepting cryptographic payments, including TRX itself, BTC and BNB. Not only that, but it has also launched its native BitTorrent token (BTT), based on TRON.
The currency can be used to improve the speed of downloads and the entire network, in general, which is yet another way in which TRON intends to break the sharing of content in its ecosystem. Considering the fact that BitTorrent presumably has about 100 million users, many see cooperation with BitTorrent (and the entire Atlas of the project) as the best decision TRON has made to date.
For now, TRON is expected to continue the development of its platform and its larger projects, with even lower expectations. However, there is never much certainty when it comes to TRX, and a new big announcement may be behind the corner at any time.
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Disclaimer: this article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and / or its affiliates, employees, writers and subcontractors are cryptocurrency investors and from time to time may or may not hold stakes in some of the coins or tokens they cover. Please conduct your own in-depth research before investing in any cryptocurrency and read our full disclaimer.
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