- The CEO of Tron has taken to Twitter to reveal that Tron is going live on the Ethereum blockchain.
- The Tron network has also hit a new milestone as transactions on the network have once again hit new levels in recent times.
According to a recent announcement, the Tron network is making major moves as it seeks to expand its network reach. Taking to Twitter, the CEO of the platform informed the Tron community about the recent development.
Justin Sun, the founder of the Tron network shared that Tron will be going live on the Ethereum blockchain. In the same tweet, Sun explained that this has been made possible, thanks to the fact that Tron is leveraging the BitTorrent bridge to achieve the objective.
The announcement further added that using a certain contract address, Tron (TRX) can now be accessed on the Ethereum network. Sun wrote in the tweet;
TRON (TRX ) has now expanded its reach by going live on the Ethereum blockchain by leveraging the BitTorrent bridge . With the contract address 0x50327c6c5a14dcade707abad2e27eb517df87ab5, TRX is now fully accessible within the Ethereum ecosystem.
#TRON (#TRX) has now expanded its reach by going live on the #Ethereum blockchain by leveraging the #BitTorrent bridge . With the contract address 0x50327c6c5a14dcade707abad2e27eb517df87ab5, #TRX is now fully accessible within the Ethereum ecosystem.
— H.E. Justin Sun 孙宇晨 (@justinsuntron) June 2, 2023
The Tron network has hit a new milestone as transactions surge to new levels
It is also worth noting that the Tron network has recorded a great run in network adoption. According to data shared by Justin Sun, crypto winter seems to have done little to hinder Tron’s growth. The network recently recorded an upsurge in the number of transactions processed.
Despite the crypto winter, TRON continues to defy expectations, posting impressive growth. The network hit a new record high in daily transactions just yesterday, with a 10,935,762 transactions processed.
Despite the crypto winter, #TRON continues to defy expectations, posting impressive growth. The network hit a new record high in daily transactions just yesterday, with a 10,935,762 transactions processed. pic.twitter.com/Unn45CCUvg
— H.E. Justin Sun 孙宇晨 (@justinsuntron) June 1, 2023
This recently attained milestone underlines the growth and popularity of the Tron proton and its widespread adoption over the last few years. The CEO of Tron explains that the platform intends to extend this performance into the future. Tron remains ambitious and committed to doubling the network’s transaction volume in the long term.
In yet another tweet, Sun explained that the new milestones do not only reflect an increase in quality but speak to the quality and efficiency of the network and its overall performance.
This increase isn’t just a measure of quantity, but also a testament to the quality and efficiency of our network. The growth in transactions is expected to bolster protocol revenue, proving that TRON’s fundamentals remain strong even in a challenging market.
Conclusively, Sun explains that the Tron ecosystem believes that improving and concentrating on results, is the best way to weather a crypto winter.
We believe that the best way to weather a crypto winter is by continuously improving and delivering concrete results. That’s precisely what we are doing at TRON. Stay tuned for more updates as we move forward with our ambitious plans for the year.
