On October 29, the Tron Foundation published the weekly report to inform about its technical developments. The report included all the technical progress made during the week ending October 20-26. The highlights of the update include the DApp developments in which Transcan would have launched the Smart Contracts function.
In addition, the report also mentioned that the dApphouse was published last week. Regarding the review and planning of Bancor’s DEX, Tron indicated that both steps were completed to allow the development of Bancor. Tron is also working on his Android portfolio, which is expected to be half of its potential, according to the report.
Therefore, the report focuses on the competence of Tron with the platform of the Ethereum blockchain, in terms of adoption. Coincode published last week on the visible success of Tron in Ethereum entitled “TRON Overtook Ethereum”.
Previously, Justin Sun, CEO and founder of the Tron Foundation, announced a future collaboration between Tron and Oracle blockchain. The report recognizes this announcement and emphasizes this fact in one of the points.
Beyond that, Tron’s weekly report covers technical developments and several communities and global developers.
Despite the positivity surrounding the TRX ecosystem, the currency shows a fall of 5.5% in its price. At the time of writing, Tron was trading at $ 0.0221 with a market capitalization of $ 1.45 billion. The 24-hour cryptocurrency volume was registered at $ 74.7 million.
However, Tron is not alone in this situation, all the other crypto-currencies of the market crashed massively in the space of one hour, on October 29.