The ninth Tron (TRX) cryptocurrency capitalization has risen in price over the last 24 hours by 7.40%, which was promoted by the announcement on Sunday of the upcoming February 28 hard forking and updating the protocol to version 3.5.
Justin Sun, the CEO of the project, tweaked the corresponding entry on Twitter.
According to him, the new version will include new opportunities for multi-signatures and account management designed for institutional users, dynamic energy regulation in accordance with network performance in real time, 50% improvement in performance and resource utilization, as well as increased virtual machine security and event server for decentralized applications (Dapps).
Earlier this week, Tron announced the custodian solutions provider BitGo, and as Justin Sun added in a subsequent tweet, the institutional client’s main requirements are account management and cryptocurrency storage solutions.
“Recently, we have received many requests from hedge funds, professional investors and financial institutions. With update 3.5 and partnership with BitGo, we are ready! ”- wrote Justin Sun.
We note, however, that since the end of January, when the price of TRX exceeded $ 0.03, and the capitalization exceeded $ 2 billion, the weighted average rate of the coin dropped noticeably. At the time of publication, TRX was trading at $ 0.0268, with a capitalization of $ 1.789 billion.
Justin Sun, the CEO of the project, tweaked the corresponding entry on Twitter.
According to him, the new version will include new opportunities for multi-signatures and account management designed for institutional users, dynamic energy regulation in accordance with network performance in real time, 50% improvement in performance and resource utilization, as well as increased virtual machine security and event server for decentralized applications (Dapps).
Earlier this week, Tron announced the custodian solutions provider BitGo, and as Justin Sun added in a subsequent tweet, the institutional client’s main requirements are account management and cryptocurrency storage solutions.
“Recently, we have received many requests from hedge funds, professional investors and financial institutions. With update 3.5 and partnership with BitGo, we are ready! ”- wrote Justin Sun.
We note, however, that since the end of January, when the price of TRX exceeded $ 0.03, and the capitalization exceeded $ 2 billion, the weighted average rate of the coin dropped noticeably. At the time of publication, TRX was trading at $ 0.0268, with a capitalization of $ 1.789 billion.