Updates to the two main competitors in the crypto arena are expected to take place this week on the same day.
At the weekend, Tron CEO Justin Sun reminded the community of the upcoming Tron update via his Twitter account.
Throne prepares for higher level investors
Odyssey 3.5 update is due on February 28th. Sun promises that it will include new features, such as multi-signatures and account management - these two will be implemented for corporate customers. Financial institutions, according to Justin Sanya’s recent tweet, also seem to be showing interest in Tron, among them hedge funds, major investors, etc.
Later, in 2019, the BitGo platform intends to add TRX, including a wallet and custodial service. With the approach of modernization and cooperation with BitGo, Tron seems ready to work with financial institutions and large investors.
Hard fork Ethereum
Along with the Throne, an update of Ethereum in Constantinople is also expected around February 28. As previously reported in the media, the ETH team had to postpone the update, but now it will happen around the same day as the mentioned Tron update.
Justin San has long called Ethereum the main competitor of Tron, comparing each new Tron stage with data received by ETH in the same field, such as dApps, registered user accounts and TPS speed.
Market position ETH and TRX
Recently, on the news of the upcoming update of Ethereum, the market for this coin turned green, allowing the price of ETH to jump more than 140 dollars. However, the token is currently trading at $ 139.11 after a slight decline.
The throne sits at $ 0.0241. It was recently overtaken by Stellar, and the XLM regained the No. 8 spot on the Coinmarketcap, making the TRX retreat to the No. 9 spot.
Experts believe that in the light of the upcoming update Tron price TRX may rise.
At the weekend, Tron CEO Justin Sun reminded the community of the upcoming Tron update via his Twitter account.
Odyssey 3.5 update is due on February 28th. Sun promises that it will include new features, such as multi-signatures and account management - these two will be implemented for corporate customers. Financial institutions, according to Justin Sanya’s recent tweet, also seem to be showing interest in Tron, among them hedge funds, major investors, etc.
Hard fork Ethereum
Along with the Throne, an update of Ethereum in Constantinople is also expected around February 28. As previously reported in the media, the ETH team had to postpone the update, but now it will happen around the same day as the mentioned Tron update.
Market position ETH and TRX
Recently, on the news of the upcoming update of Ethereum, the market for this coin turned green, allowing the price of ETH to jump more than 140 dollars. However, the token is currently trading at $ 139.11 after a slight decline.
The throne sits at $ 0.0241. It was recently overtaken by Stellar, and the XLM regained the No. 8 spot on the Coinmarketcap, making the TRX retreat to the No. 9 spot.
Experts believe that in the light of the upcoming update Tron price TRX may rise.
