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Tron (TRX) Overtakes Stellar on Number of Trading Pairs

  • Yuri Molchan
    📰 News

    Justin Sun has just tweeted that TRX continues to succeed on its path of world-wide adoption; it has managed to outperform XLM, indirectly so far


Tron (TRX) Overtakes Stellar on Number of Trading Pairs
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The CEO of the Tron Foundation, Justin Sun, on his Twitter account reports that Tron (TRX) has made significant progress. As per him, the amount of TRX pairs across crypto exchanges now exceeds that of Stellar (XLM).

There are 159 pairs where TRX trades against other crypto coins and fiat assets versus 157 XLM pairs of the similar kind.

He writes that Tron has been added to over 100 exchanges already. Over the summer, U.Today several times reported TRX being added to another platform, while the hype regarding the launch of the Tron Mainnet and token migration was around, as well as the anticipation of the launch of the Tron Virtual Machine in beta version.

The table Justin Sun provided from the CoinMarketCap website shows exchanges where Tron has been listed and the currency pairs the coin is trading in.

Now the top-10 club member

Among of most impressive recent achievements of Tron is that it has been able to climb to the number 10 position on the top-10 coins list. Justin Sun has been chasing this goal since the mainnet launch in the summer and the start of TRX migration from the Ethereum blockchain to TRX’s own newly created network.

To do that, Tron had to overcome the widely-known Monero (XMR) coin, which is focused on private transactions and popular on the Darknet, and Cardano (ADA).

Tron DEX

One more important thing worth mentioning here is that on Wednesday the Tron Foundation finally launched its own decentralized exchange (DEX) titled TRXMarket. Currently, the platform has added three TRC20 tokens.

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Tron Officially Launches Its Decentralized Exchange

Tron Officially Launches Its Decentralized Exchange

This autumn, U.Today wrote that Tron was in the process of assisting the Chinese online trading giant Alibaba to build its own crypto exchange, thus helping the company to implement crypto into its vast customer community.

Tron is not the only platform that has recently launched a DEX. Earlier, U.Today reported that the world’s biggest exchange by daily trading volume, Binance, has also published a demo-video of using the new Binance DEX.

Cover image via u.today
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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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