Tron has just made its debut in the Ministry of Industry and Technology Development China’s rankings and, surprisingly or not, it almost made it to the top of the list.
It seems that Tron was able to defeat all the digital assets including Ethereum, but not EOS.
ZyCrypto reported that this is the second update that has been made this year and Tron was an added project. As we said, the first spot is taken by EOS and the third one but ETH.
The evaluation has been based on creativity, applicability, basic tech ability for 35 projects.
“Tron has high-level reliability and coverage even though it is still young and growing. Its network is compatible with the Ethereum smart contracts which makes the processing of chained transaction better. It hosts about 200 decentralized applications, gained 145.6 in the evaluation,” ZyCrypto wrote.
Tron hard fork
We recently announced that Tron would have a hard fork at the end of February.
This did take place, and the Odyssey 3.5 upgrade added the following features: multi-signature features, new account management options, and performance improvements.
Justin Sun stated that the upgrade also implemented feature requests from crypto hedge funds and BitGo, which is listing TRX on its crypto custody platform.
Justin Sun says bears are leaving
Sun has been asked about the future of Bitcoin and the whole market, and he highlighted that he firmly believes BTC has already hit bottom.
He doesn’t see BTC price going too high this year, and he foresees that it will stay somewhere between $3,000 and $5,000.
Other than this, Zhao highlighted that this year we are definitely heading closer towards the mass adoption of cryptos. This was predicted since last year.