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Tron weekly report indicates a booming and prosperous DApp ecosystem

Arijit Sarkar

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Tron weekly report indicates a booming and prosperous DApp ecosystem
Credit: Wikimedia


Although Tron’s unconditional bear market has not fared well against Justin Sun’s promises of a comeback, the community’s efforts toward a growing ecosystem is evident through the Tron Foundation’s weekly reports. As a recent announcement regarding the same, Tron Foundation tweeted,

“#TRON Weekly Report
1.Tested Oracle retry mechanism.
2.TRON block height exceeded 12.45 million.
3.#TRONVM celebrated its first birthday.”

The Tron weekly report highlighted completion of one-click deployment (architecture) and the successful testing of its Oracle retry mechanism for smart contracts. The report also stated that “TRON has a total of 567 DApps, indicating a booming and prosperous DApp ecosystem.”

Additionally, the TRON virtual machine (TVM) completed 1 year, marking Tron’s transition from infrastructure building to ecosystem expansion. Tron’s in-house token, TRX, also witnessed a sudden push in its market capitalization as Binance listed TRX-based trading pairs and opened up BTT/TRX and WIN/TRX.

This week also marked Tron’s entry into the IDAX and Bithumb Global markets as the exchange dedicated trading section for TRX, BTT and WIN.

Arijit is a full-time journalist at AMBCrypto, who focuses on the XRP and Ethereum ecosystem. Leveraging over three years of experience in media and Majoring in Computer Science, he covers the technical developments in the crypto ecosystem

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