TRON has been in the news quite a bit recently, and for good reasons, too. The latest piece of TRX news came today, August 2nd, and it has caused the TRON vs Ethereum debate to rage on.
TRON vs Ethereum: Who’s the Leader Now?
On Thursday, Justin Sun provided an update on the TRON mainnet. The founder tweeted to his 431 thousand followers on Twitter that the TRON mainnet now has over 100 thousand accounts established.
The total number of accounts on #TRON mainnet exceeds 100 thousand and block height has already reached 1100078 with 368 online nodes. Once the official #TVM is launched, there will be more and more users on #TRON mainnet. #TRX $TRX pic.twitter.com/pINVqbdj26
— Justin Sun (@justinsuntron) August 2, 2018
Now, this news has furthered the TRON vs Ethereum rivalry for many reasons, but there are two in particular that I can think of.
1. TRON Closing the Gap on Ethereum
In the past, Justin Sun has promised to do everything in his power to make TRX surpass ETH. Before, however, it was just speculation. There was evidence suggesting this was possible, while there was also evidence indicating that it wasn’t.
But today’s announcement has caused many to believe that TRON is in fact on the verge of closing the gap on Ethereum. Even before the TRON mainnet launch, Justin Sun indicated this could be what puts them ahead of the game, as it will be a major contender.
And with over 100 thousand accounts, a contender TRX appears to be.
2. TRON is Showing Resistance
Another reason why the TRON vs Ethereum debate is leaning in the direction of TRX is the current plummeting market situation.
Despite a falling market, TRON appears to be (for the most part) showing resistance, always announcing developments in the crypto industry.
For instance, at the end of last month, Justin Sun confirmed the TRON BitTorrent acquisition. BitTorrent sold the company to Justin Sun for $140 million.
Proud to announce @BitTorrent and @uTorrent are now part of the #TRON family. BitTorrent is supported by over 100M active users. Together we are building the future of the decentralized Internet! Stay tuned for updates #TRONBT $TRX @Tronfoundation https://t.co/mQQqUeOaHv pic.twitter.com/eSYY4lWsXI
— Justin Sun (@justinsuntron) July 24, 2018
TRON Price: August 2nd, 2018
If we’re going to base the TRON vs Ethereum debate on prices, Ethereum is clearly the winner. Although today both altcoins are down, so no one can be said to be winning in percentage gains category for the day.
At press time, TRON (TRX) is selling for $0.031660, which puts the coin down 4.37% in the past twenty-four hours.
Meanwhile, Ethereum (ETH) is selling for $415.46, which puts the coin down 1.64% in the past twenty-four hours.
What do you think about the TRON vs Ethereum debate? Does the TRON mainnet having over 100 thousand accounts put it ahead of the Ethereum game?
Let us know what you think in the comments below!
Featured Image: YouTube