The new Tron (available on Binance) network has been advertised as superior to Ethereum (available on Coinbase), with lower fees and transaction times. The question of whETHer this is true or not will be answered post May the 31st after the activation of Tron (available on Binance)’s new mainet.
In terms of logistical issues, the switch from ERC-20 to native Tron (available on Binance)  tokens, will only be available as an ‘automatic’ option. This means TRX holders will have to ensure their tokens are in a supported exchange or wallet, and that third party will handle the transition – converting the existing tokens into their new form.
If users miss the final migration day of June 21st, they will be unable to manually switch to the new form of TRX and will have to wait until another mainet switch date is announced. This later mainet switch will only occur on an exchange of Tron (available on Binance)’s choosing, which will be announced at some later date.
A number of major exchanges and wallets are currently supporting the mainet switch and any TRX ERC-20 tokens should be in one of these platforms before the launch – Bit-Z, Bitfinex, Bitpie, Coinnest, Coinrail, Bithumb, Bibox, Binance, BITKOP, Okex, DragonEx, Bittrex, Liqui, Binance, Bixin, Gate.io, RightBTC, UpBit and ZebPay.
Price effects
Since the beginning of the Tron (available on Binance) Testnet (a trial for the mainet) on April the 4th, TRX prices have surged to new heights.
On April 5th the index price of TRX was $ 0.0303, and it has offered greater than a 100% return over the last eight weeks. However, as BNC’s recent TRX price analysis noted, the technicals on the token are mixed. If its current trajectory falters, the potential exists for some low-price targets.
For both mainet enthusiasts and speculators, the days surrounding May 31 will likely see increased price movement. Some may feel that they have already been late on their sell orders, given that the price of TRX fell by over 15%, well under a USD 0.06 threshold, on the 28th of May. This negativity was likely driven by factors external to Tron (available on Binance) – particularly mass ETHer dumping by large holders including EOS.
Crypto prices have turned bearish across the board in the past month with TRX being no exception, seeing its price fall 28% in the last 30 days. NonETHeless, TRX enthusiasts have been buoyed by an 8% rise in the last 24 hours, perhaps indicating growing market confidence that tomorrow’s mainet launch will see Tron (available on Binance) begin to deliver on the many promises made by its founder Justin Sun.