Coingape - 10/8/2018 8:03:08 AM - GMT (+0 )
At 11th position, Tron is currently surging by about 12 percent on the news of its Odyssey 3.1 update that will make it faster than ETH and cheaper than EOS as per its CEO Justin Sun. The last quarter of this year and the first quarter of 2019 will see them delivering on various milestones that will ensure Tron’s position among “top 10 in the next 6 months”.
Tron CEO, Justin Sun has announced the new update that is Odyssey 3.1 that will make it faster than Ethereum (ETH) and cheaper than EOS.
The official announcement by Sun on Twitter reads:
“Based on community consensus, #TRON will be upgrading to Odyssey 3.1 at 8pm SGT. The TRON Committee function & TVM will go live, marking the start of the Smart Contract Era. TRON will be 200x faster vs. ETH, 100x cheaper vs. EOS. dApp developers & users, this one is for you!”
This has the community excited as they congratulate him and Tron for delivering the promise and making constant developments.
Now, in response, Tron has taken a surge of approximately 12 percent as shared by Sun on Twitter as well:
— Justin Sun (@justinsuntron) October 8, 2018
At the time of writing, it has been trading at $0.0271. With a market cap of about $1.78 billion, it has been managing the daily trading volume of about $351 million.TRX 1-day price chart, Source: Coinmarketcap
The momentum had already been set as for the last few days, the world’s 11th largest cryptocurrency has been slowly making its way upwards.TRX 4-days price chart, Source: Coinmarketcap
This momentum was driven by Justin Sun’s recent interview where he talked about working on a number of strategies to push Tron among the top 10 cryptocurrencies on Coinmarketcap.
The last quarter of this year and the first quarter of 2019 will see them delivering on a number of milestones such as combining TRON and BitTorrent to create a unique and outstanding product, expanding the awareness and recognition of Tron Protocol, and continuing efforts in the entertainment and gaming industry that according to Sun ensures “TRON will surge into top 10 in the next 6 months.”