At first, the project worked in the Ethereum blockchain. This choice is conditioned by a quick solution to launch a peer-to-peer network. Later, the developers switched to their own blockchain with a Proof-of-Stake algorithm and Validation consensus. TRON was one of the first platforms to implement this. Wrapped TRON is provided with an underlying asset in a ratio of 1:1, has the same price and allows you to expand the possibilities of application, for example, to trade on decentralized exchanges that do not support the "original".

Wrapped TRON news today, WTRX crypto latest news of token ticker

Wrapped TRON

Twitter

. @messaricrypto ’s STATE OF L1's Q2 2023

On July 1, 2022, #Ethereum accounted for 62% of stablecoin market cap among featured L1s and #TRON 21%. 👀

The gap slowly tightened throughout the year, and by June 30, 2023, #ETH stood at 56% and #TRON at 35%. 🚀

More from the…

@messaricrypto 's STATE OF L1's Q2 2023.

The TRX cryptocurrency adapts the digital ecosystem for entertainment information. At first, the project worked in the Ethereum blockchain. This choice is conditioned by a quick solution to launch a peer-to-peer network. Later, the developers switched to their own blockchain with a Proof-of-Stake algorithm and Validation consensus. TRON was one of the first platforms to implement this.

TRX news today, TRON crypto latest news of token ticker

TRON

. @messaricrypto ’s STATE OF L1's Q2 2023

On July 1, 2022, #Ethereum accounted for 62% of stablecoin market cap among featured L1s and #TRON 21%. 👀

The gap slowly tightened throughout the year, and by June 30, 2023, #ETH stood at 56% and #TRON at 35%. 🚀

More from the @messaricrypto report: https://t.co/mxLceqHA9H

@messaricrypto 's STATE OF L1's Q2 2023.

Same news in other sources