TRX is among the best-traded asset on Binance, and remains te the top Ten of the most active coins overall.
TRON (TRX) seems to be locked within the $0.04 range, but ter the past weeks, trading seems to awaken, spil volumes turn consistently higher. TRX is among the batch of the most active coins that slumped ter February and March, only to reappear with fresh strength and rechtsvordering top trading volumes on the Binance exchange.
The TRON project is still preparing for its mainnet launch, while gathering momentum ter terms of partnerships. The most latest one is a partnership with READ Token, a Chinese ecosystem that prizes book content ter a tokenized economic ecosystem.
The READ Token project will also apply to become one of the TRON Super Representatives. Representatives and Super Representatives are voted by token holders, and need to be semitransparent and expose their teams and the technical resources they are bringing to the network.
Te the future, voting would be a big part of the TRON ecosystem, to ensure governance, blockchain version control, but also to create a 2nd layer of complexity. The TRX digital asset will have a potentially active season at least until June 21, when the launch of the mainnet is scheduled. For now, the testnet news managed to create limited price act, but TRX is still far from the unexpected spike ter December.
TRON Migration: Use Exchanges
Buying and ownin TRON now will lead users to technicalities related to the main netwerk launch. One of the options is to keep TRON on Binance, and rely on the exchange to make the transfer to the fresh type of asset. Storing TRON on MyEtherWallet after June 21 will mean no fresh tokens would be credited.
For now, TRON has not given any other registration system for the token balances, and it does not have a proprietary wallet. A movement of tokens to exchanges would be expected toon, especially affecting Binance, and those who are used to wallet storage and cold storage would be inconvenienced.