Tron [TRX] has had a rollercoaster of a year, with several developments from the Tron Foundation as well as multiple price fluctuations on the charts. The latest news from the Tron roster however, was wildly celebrated by the TRX community after it was revealed that the Tron’s block height had crossed the 10 million threshold. Tronscan, a Tron blockchain analyzer, announced the same and tweeted,
“#TRON block height has exceeded 10 million! A huge milestone for @Tronfoundation
According to #TRONSCAN, TRON block height has reached 10,010,680
TRON ecosystem has developed rapidly and continues to make efforts to decentralize the web.”
At press time, the block height was at 10016633 with 1405 online nodes. The current maximum transactions per second was 1932421 TPS. The 2-week transaction chart further added that the number was at a two-week peak with 1.932 million transactions.
Tron’s block height had breached the 9 million mark 34 days back, as the company was focused on being a major player in the DApp market, competing with other bigwigs such as Ethereum [ETH] and EOS. One of the main reasons for Tron’s recent uptrend has been the launch of Tron’s very own decentralized exchange, TRXMarket, which allowed the community to view Tron as a more viable investment option.
The new milestone comes in the wake of a bull run during which the Justin Sun-led cryptocurrency’s price has shot up by more than 5 percent. Tron’s march forward also involved news about its major acquisition, BitTorrent. The company had announced that the fifth BitTorrent token [BTT] airdrop would take place on 11 June, following which the price of BTT took a hit. In a tweet, BitTorrent Inc. had said,
“Are you ready for our 5th #airdrop? ☄️ On June 11th at 00:00 UTC we will reward TRON $TRX holders with 990,000,000 $BTT. Learn more about our airdrop program, and the exchanges & wallets supporting it!”
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