Top Losers: Tron [TRX] falls by 8%, while BCH and Stellar plummet by 6% and 5% owing to market correction

Tron, the eleventh largest cryptocurrency on CoinMarketCap might have lost its position in the list of top 10 cryptocurrencies but is adding new feathers to its cap every day. Tron Foundation, led by its founder and CEO Justin Sun, has been performing exceedingly well when it comes to DApps. However, this time, the Tron mainnet marked a milestone as it reached 2.5 million accounts.

Misha Lederman, a prominent proponent of the Tron community, announced the development on his Twitter handle. Lederman said that there were 2,500,133 user accounts on Tron’s mainnet since its launch in June 2018. He tweeted,

The proponent also followed up with another tweet to inform the community that Tron had produced more blocks than Ethereum [ETH], its main competition. Lederman said that Tron had produced 8.3 million blocks since its launch in 2018, while Ethereum, despite having the advantage of starting early in 2015, had only 7.5 million blocks.

Tron has been moving forward with its DApps development and evolving ecosystem to prove itself. Recently,, a renowned blockchain travel platform, announced that they will be accepting TRX token for booking hotels across the world. The number of hotels was above 500,000, which hinted at a massive adoption push for the TRX token. Travala said:

“Use TRX to book 550,000+ hotels worldwide with an average saving of 15% on Get further savings up to 10% off the already amazing prices with our SMART program.”

According to Today’s Gazette, Tron is the tenth cryptocurrency to be adopted by the platform after Bitcoin, Litecoin, Ethereum, and XRP, among others. At press time, Tron’s price was dipping and had fallen by 1.14% over the past day. Tron was valued at $0.0264, with a market cap of $1.76 billion.

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