The entire cryptocurrency market has hit a bit of a bear run moving into the new week. Towards the end of last week, most digital currencies saw quite a spike in prices. That didn’t last long as most of them quickly plummeted towards the end of the weekend, taking off $5 billion from the total market cap. Today, we’ll take a look at Tron (available on Binance) (TRX) and Ripple (available on Binance) (XRP).

Both of these coins are seeing green today. Let’s take a closer look at why this may be.

Tron (available on Binance) (TRX)

Tron (available on Binance), now the world’s ninth-largest cryptocurrency by total market cap, is seeing the most percentage gains today out of all the top 25 digital currencies. The dApp-focused blockchain project has had quite the week of volatility.

Earlier this year, TRX saw a massive spike in its price, rising over 30% in less than 24 hours. However, the coin fell to -25% percent days after its high.

Lately, Tron (available on Binance) has been focusing specifically on its joint project with BitTorrent. Lately, Justin Sun has been tweeting about the BitTorrentToken airdrop taking place for TRX holders. It seems a majority of the major cryptocurrency exchanges that hold TRX will be supporting the airdrop.

Last weekend, Tron (available on Binance) held its niTron (available on Binance) Summit in San Francisco. Kobe Bryant spoke with Justin Sun to close out Day Two of the event. Bryant is an NBA legend and now venture capitalist, but during his sit down, Bryant didn’t mention anything Tron (available on Binance), crypto, or even blockchain related. This segment of the day was the most attended part of the event, and that seemed to be the point of including it.

Many other cryptocurrency conferences have done just that. Ripple (available on Binance) (XRP) is notorious for bringing in random celebs at these sorts of events. It remains unknown at this time if the event is what has caused the sudden spike in Tron (available on Binance) prices.