Tron is preparing for a hard fork which is scheduled for the end of this month.
Precisely on February 28, the Tron protocol gets an update, and the primary targets are enhancing security and adding new features such as multi-signature wallets.
#TRON will launch 3.5 hard fork upgrade on 2/28. New Features: 1. multi-sig and acct mng, institution ready 2. Dynamic energy adjustment to real-time network performance 3. 50% up performance & res usage 4. Better VM safety, events server for Dapps. Go! #TRX $TRX
— Justin Sun (@justinsuntron) February 24, 2019
Justin Sun reveals four main upgrades – TRX price to surge
Tron’s CEO and founder Justin Sun tweeted about the hard fork and revealed four upgrades and a brand new feature.
The upgrade regarding multi-sig and account management will trigger increased security for transactions.
This will be highly valuable for institutional investors and the collab with BitGO is going to prepare Tron for this.
The second upgrade is a dynamic energy management system that will enhance the blockchain efficiency.
The third upgrade involves performance which is set to increase by 50%.
According to Oracle Times, “the Tron VirtualMachine receives the fourth upgrade: security enhancements and improvements for dApp developers.”
TRX managed to remain stable and this week’s hard fork and network upgrade are expected to push prices higher for TRX, says NewsBTC.
BTC has already hit bottom
Justin Sun believes that the most important crypto has already hit bottom.
During an interview with the Chinese crypto outlet Huoxing, Sun said that the bear market is over.
It seems that he expects BTC to reach about $5,000 by the end of the year.
“For this year, I think Bitcoin will fluctuate between $3,000 and $5,000. The opportunities for market breakthroughs this year include the explosion of the DApp ecosystem, the large-scale application of the Lightning Network, and the three major opportunities for BitTorrent’s 100 million users to enter the cryptocurrency market,” Sun stated.
Most price-related predictions have been pretty bullish lately and not only for Tron and BTC but also for Ripple’s XRP and more essential coins in the crypto market.
This year, we can also expect crypto mass adoption, according to expert opinions.