- Positive fundamental developments fail to support TRX.
- TRX/USD is still locked in a range.
TRX/USD retreated from late Wednesday high at $0.0236 to $0.0220 by the time of writing. The coin has been moving in a range limited by $0.0210 on the downside and $0.0240 on the upside in recent two weeks with no signals of the imminent breakthrough as yet. A sustainable move in either direction is needed to create a momentum.
What’s going on
According to the research company DataLight, TRON has the highest number of transactions on a monthly basis.
“Tron Foundation is now an undisputed leader in the number of transactions, and it took just a couple of months for it to overtake BTC and ETH!” the company wrote in Twitter.
In a separate news, TRON’s BitTorrent announced the decision to launch a public beta version of its decentralized social media app BitTorrent Live in Q2 2019.
Read more about BitTorrent’s announcement
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