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Tron (TRX) Listed by eToro, Still Gets Taken Over by Cardano (ADA)

  • Alex Dovbnya
    📰 News

    📊🤷‍♂️Global platform for crypto investors eToro has added TRX to the list of its assets, making it the 15th traded coin. On Saturday, though, ADA moved TRX to spot #11 on CMC


Tron (TRX) Listed by eToro, Still Gets Taken Over by Cardano (ADA)
Contents

Tron (TRX) and its ambitious CEO Justin Sun continue to gain popularity among the crypto community. After Tron purchased BitTorrent in 2018, doing it before its crypto rivals, the Tron Foundation became the major focus of attention.

Now Justin Sun expects to get the 100-mln BitTorrent community to join Tron’s user base. Besides, earlier this year the BitTorrent BTT token presale took place on Binance Launchpad, which also attracted a great number of investors.

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Tron continues its expansion on exchanges

For the past half-a-year, Tron has been striking partnerships with various crypto exchanges, getting them to list TRX. Among the platforms that have recently added the coin are major Dubai-based exchange ADAX and major South American crypto trading platform NovaDAX.

The CEO of eToro, Yoni Assia, believes that adding Tron to his platform is good both for regular investors of eToro and the Tron community, since this ‘union’ of two big names in the crypto world will give users wider opportunities for investing and trading.

Now eToro offers its customers 15 crypto assets to trade all in all. Among them are BTC, XRP, Dash, XLM, BNB, etc. Now Tron has joined them. Later on, the eToro team also plans to add TRX to its CryptoPortfolio section.

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Tron loses its top-10 position

On Saturday, U.Today reported that Cardano (ADA) took over position #10 from Tron, pushing it to spot #11.

Although in a recent interview with CNBC Justin Sun stated that market cap does not matter much to him as merely the surface of the business, still a great part of the Tron community, who are investors and not just hodlers, are eager for TRX to climb along this top ten ladder.

Many of them have long been asking Justin Sun in Twitter comment threads about when TRX will spike, or they have expressed their disappointment regarding the slow progress of the coin’s price.

At press time, TRX is trading at $0.0231 with its market cap totalling $1 546 478 429. This is just slightly behind Cardano (ADA) with its $1 560 207 627 market cap.

Tron loses its top-10 position

 

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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