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December is here, but we are yet to get any gesture for a bullish run in the market. The crypto kings continue to plummet and the market is still maintaining its red color. Despite the lost hope in Bitcoin (BTC), some coins seems to be keeping its users at bay with often market gain.
Tron (TRX), the blockchain technology for decentralized entertainment ecosystem, and Binance (BNB), an ERC20 token that belongs to Binance exchange, is maintaining the trend of retaining hope in the mind of their lovers by adding to their values in the market while other coins are deepening.
According to Coinranking today, the market is almost filled with red except for the few coins like Tron, Binance (BNB) token, Maker and Factoid, amongst other.
Among the top 20 coins, the greener on the table are Tron (TRX) and Binance (BNB). Although Tron is only living a bit above its last 24 hours value by adding only 0.28% which could be tagged significant due to the present market situation, Binance (BNB) is at the top of the hill with about 19% added value in the last 24 hours as at press time according to Coinranking.
This, especially the growth of Binance (BNB) awakened the attention of many in the crypto verse with questions bordering what could be the major thing underpinning their growth in the market.
What Underpins Binance (BNB) growth in the market today?
Even though it is 19% value rise, it is huge for the present market situation. The 19% market gain in the last 24 hours did not just place BNB as the highest gainer amongst the top 20 cryptos, BNB is also the second highest gainer amid top 100 coins in the market today.
This only came after BNB got featured in multiple of glorifying news. As such, many proclaimed that it might be the real reason for the sudden rise.
Binance (BNB) – Tripio Partnership Brings Huge Development
An online platform that services users by allowing them to make booking for over 450,000 lodgings around the world with cryptocurrency, Tripio, announced that it has integrated Binance (BNB) token on its platform, and the altcoin can now be used to pay for reservations of 454,531 hotels.
While thanking Binance for the support in the announcement, Tripio noted that its over 10 million users can now use Binance token for reservation.
【Breaking News】We are pleased to announce a strategic partnership with @Binance. From now on, more than 10 million users of Binance can make reservation for 450,000+ hotels worldwide using $BNB on Tripio. Thanks for the support of @cz_binance#blockchain #TRIO #Crpyto pic.twitter.com/A6kwgUsovO
— Tripio (@thetripio) December 4, 2018
Binance Exchange Getting New Look
The world largest crypto currency exchange that is based in Asian, Binance, has announced that it will soon release a new look for its platform, and the development will likely up the game of the cryptocurrency exchange.
Thus, Binance is tipped of more popularity and users. However, Binance (BNB) token would certainly enjoy from the growth.
Binance (BNB) Goes Live on Delta Direct
A world renowned crypto portfolio and market tracking application has announced the listing of Binance (BNB) coin on its platform.
The release noted that BNB updates will be made available on the application. The ‘Best Mobile UI’ application of Webby 2018 contest, Delta Direct, will make you miss no update about the cryptographic project from onset.
#Binance Coin is now live on @get_delta! All the latest $BNB updates will now be directly available on the app. Make sure to enable notifications for BNB updates so you never miss out! #DeltaDirect pic.twitter.com/rUrVDrTrgT
— Binance (@binance) December 5, 2018
Reasons For Tron (TRX) Growth In The Market
Despite witnessing only 0.28% rise, this calls for appraisal. Below are some of the reasons why Tron (TRX) is amongst the market gainers today.
Tron (TRX) Becomes The New Safest Haven From Deployment Of Dapp
After the world noticed the vulnerability of Ethereum, many started migrating, looking for elsewhere to get the best treat in the world.
Tron (TRX) blockchain technology rose to the call, proffering a solution for developers. Recently in a weekly report by the foundation behind the blockchain technology, it was stated that developers are now drifting to Tron blockchain network from Ethereum and EOS.
As an attestation to the deployment of dApp on the blockchain network, a new gaming dApp known as TronPixel was recently launched on the network.
TronPixel is live! Congrats on the successful game launch of https://t.co/z8cR2co3yZ. Learn more about us here: https://t.co/Wuscdnw2x3@Tronfoundation @justinsuntron #TRON #dapp pic.twitter.com/2TzBJaCHPZ
— Tronfun (@Tronfunio) December 4, 2018
Tron (TRX) Outshining Ethereum (ETH) Blockchain Network In Many Areas
It was related that Tron (TRX) is living up to its billings as it continues to surpass Ethereum in terms of daily transactions, dApp users, daily volume of top DApps and weekly market performance, amongst others.
#TRON is more searched for on Google than #Ethereum#TRX beat #ETH over the past week in:
Daily DApp users
Daily volume of top DApps
Weekly market performance$TRX attracting migrating projects from $ETH
— Misha Lederman (@mishalederman) December 3, 2018
Tron (TRX) Now On Blockfolio
The entertainment focused blockchain network has again been celebrated by another renowned platform. Tron (TRX), according to an update has joined the league of coins on the leading mobile portfolio tracking platform, Blockfolio, for latest updates.
#TRON is excited to join the @blockfolio Signal beta, a leader in mobile portfolio tracking and management for the crypto and blockchain industry. Follow us on the platform for our latest updates from our leadership team. $TRX pic.twitter.com/rreDjphx43
— TRON Foundation (@Tronfoundation) December 4, 2018
Tron (TRX) Goes Live On South-East Asia’s Biggest Crypto Trading Platform
Known as the largest crypto trading platform in South-East Asia, MBAexOfficial, announced that it will be listing of TRX token and the deposit process for the altcoin will begin on December 6.
TRX will be listed on @MBAexOfficial, South-East Asia’s biggest blockchain assets trading platform powered by blockchain technology. #TRONICS can deposit #TRX on December 6(SGT) and trade TRX/BTC, TRX/USDT, TRX/MDP on December 7(SGT). #TRON $TRX pic.twitter.com/rY2d7fhgFs
— Justin Sun (@justinsuntron) December 4, 2018
Musing over all the latest developments of Tron (TRX) in the space, one would realize that it has every reason to rise in the market.