From crypto debit cards to huge transactions, to airdrops and beyond, Litecoin (available on Coinbase) (LTC) and Tron (available on Binance) (TRX) are making big progress this week in the crypto world.

Litecoin (available on Coinbase) (LTC)

Litecoin (available on Coinbase) is currently selling for $151.71, which puts the coin up 1.05% in the past 24 hours.

Source: CoinMarketCapLitecoin (available on Coinbase) has been a pretty steady climber increasing by 20% over the past week.

A lot of things are happening for the coin, (besides several new Litecoin (available on Coinbase) debit cards now being in the works, including one by TenX (see you, LitePay!)), Litecoin (available on Coinbase) has just achieved what is surely a crypto transfer milestone.

News of the LTC transaction broke in a Reddit forum, where it was revealed that a $99 million transaction, consisting of 700,000 LTC at $140, has just occurred. The most impressive part? The transaction only cost $0.40 and took a total of 2.5 minutes to confirm.

This is huge news for a lot of reasons. First of all, it was an incredibly fast and cheap transaction – one that would have taken the traditional route, through banks, etc., days to clear for a large fee and even more paperwork.

For such a large transaction, the speed and price of the fee is impressive. In comparison, Bitcoin (available on Coinbase) fees are around $1.00 right now (average, in US dollars), according to data from BitInfoCharts. BitInfoCharts also has the average block time for Bitcoin (available on Coinbase) at 9 minutes, compared to Litecoin (available on Coinbase)’s average of 2.2 minutes. This transaction, above anything else, really showcases Litecoin (available on Coinbase)’s goal of being a quicker and cheaper alternative to Bitcoin (available on Coinbase).

Tron (available on Binance) (TRX)

Tron (available on Binance) is currently selling for $0.055678, which puts the coin up 3.51% in the past 24 hours.

Source: CoinMarketCapTron (available on Binance) announced that it would be airdropping 30 million TRX to the Ethereum (available on Coinbase) community. The Tron (available on Binance) airdrop is to show its appreciation for the springboard that was Ethereum (available on Coinbase) for Tron (available on Binance), and to also show Ethereum (available on Coinbase) users the better operating platform that is Tron (available on Binance). So, it’s kind of a slap in the face mixed in with free money.

Tron (available on Binance)’s Medium post on the airdrop stated,

“Ethereum (available on Coinbase) played a vital role in Tron (available on Binance)’s early stage development, and we want to express our appreciation through this airdrop event. However, we have also discovered many issues and bottlenecks during our time on the Ethereum (available on Coinbase) platform. When we see a problem — we will set out to solve it. That is why Tron (available on Binance) wants to provide TRX to the Ethereum (available on Coinbase) community, so people have a chance to experience our high TPS development platform and use TRX to vote, becoming part of our new generation decentralized network and the Tron (available on Binance) democracy.”

Ethereum (available on Coinbase) users will not have to actively do anything to qualify for the TRX airdrop. All that is required is that they hold an ETH balance of over 1 ETH in their accounts, between January 1st, 2018 and April 20th, 2018. The cutoff date, which was last Friday, has already passed, so it’s too late to get the required amount of ETH in your account now, but if you already had 1 ETH or more in your account, you’re eligible.

The Tron (available on Binance) airdrop will occur sometime after the data has finished being collected, which is expected to take about a week (from last Friday). Those who meet the requirements will receive between 10 and 100 TRX into their account. How much each account receives will be randomized.

Tron (available on Binance) wants to stress that it will not solicit wallet addresses from anyone and that all customers should report any suspicious activity should it be experienced.