Tron (available on Binance) 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 (available on Binance) vs Ethereum (available on Coinbase) debate to rage on.
Tron (available on Binance) vs Ethereum (available on Coinbase): Who’s the Leader Now?
On Thursday, Justin Sun provided an update on the Tron (available on Binance) mainnet. The founder tweeted to his 431 thousand followers on Twitter that the Tron (available on Binance) mainnet now has over 100 thousand accounts established.
The total number of accounts on #Tron (available on Binance) 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 (available on Binance) mainnet. #TRX $TRX pic.twitter.com/pINVqbdj26
— Justin Sun (@justinsunTron (available on Binance)) August 2, 2018
Now, this news has furthered the Tron (available on Binance) vs Ethereum (available on Coinbase) rivalry for many reasons, but there are two in particular that I can think of.
1. Tron (available on Binance) Closing the Gap on Ethereum (available on Coinbase)
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 (available on Binance) is in fact on the verge of closing the gap on Ethereum (available on Coinbase). Even before the Tron (available on Binance) 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 (available on Binance) is Showing Resistance
Another reason why the Tron (available on Binance) vs Ethereum (available on Coinbase) debate is leaning in the direction of TRX is the current plummeting market situation.
Despite a falling market, Tron (available on Binance) 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 (available on Binance) BitTorrent acquisition. BitTorrent sold the company to Justin Sun for $140 million.
Proud to announce @BitTorrent and @uTorrent are now part of the #Tron (available on Binance) family. BitTorrent is supported by over 100M active users. TogETHer we are building the future of the decentralized Internet! Stay tuned for updates #Tron (available on Binance)BT $TRX @Tron (available on Binance)foundation https://t.co/mQQqUeOaHv pic.twitter.com/eSYY4lWsXI
— Justin Sun (@justinsunTron (available on Binance)) July 24, 2018
Tron (available on Binance) Price: August 2nd, 2018
If we’re going to base the Tron (available on Binance) vs Ethereum (available on Coinbase) debate on prices, Ethereum (available on Coinbase) 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 (available on Binance) (TRX) is selling for $0.031660, which puts the coin down 4.37% in the past twenty-four hours.
Meanwhile, Ethereum (available on Coinbase) (ETH) is selling for $415.46, which puts the coin down 1.64% in the past twenty-four hours.
The Takeaway
What do you think about the Tron (available on Binance) vs Ethereum (available on Coinbase) debate? Does the Tron (available on Binance) mainnet having over 100 thousand accounts put it ahead of the Ethereum (available on Coinbase) game?
Let us know what you think in the comments below!