TRON (TRX) future appears to have taken a new direction for the better as Justin Sun announces that TRXMarket is vying for the supper representative slot. This will be a game changer given that the coin is repositioning itself in the market after the disruptive token swap that resulted from the ecosystem autonomy from Ethereum.
The announcement comes hours after TRON Sun hinted that DAPPHOUSE is also on the race for the SR position. The app developer firm will play a very pivotal role in the provision of supporting applications for the TRON network. In his tweet Sun said:
“DAPPHOUSE will run for #TRONSR. DApp is important in #TRON ecological development. DAPPHOUSE is committed to researching and developing DApp, and is providing a good solution and display platform for the operation of the applications. #TRX $TRX”
DAPPHOUSE role will act as the bridge between the TRON Foundation and the community. It will take care of the user base needs as well acting as the network guardians for a smooth governance process. The SR will be responsible in the network calibration and validation.
TRXMarket and the future of TON Ecosystem
Since the announcement of TRON Mainnet autonomy, Justin Sun has been hands-on on the progress of the network and his presence on social media has endeared many to the platform and the unfolding the digital asset platform. The SRs are the apex of his campaigns to make TRON a global brand by putting the community at the center of the entire development process.
On TRXMarket unveiling, Justin tweet says:
TRXMarket will run for #TRONSR. TRXMarket is a decentralized exchange based on the #TRON network. It aims to provide decentralized exchange services for the TRON community. #TRX $TRX.
In his latest announcement, the TRON CEO has declared publically that TRXMarket is poised to become the main site for all SR Campaigns. According to the official blog, the statement reads in part:
“TRXMarket has officially announced that it will run for the TRON Super Representative.
TRXMarket is a decentralized exchange based on the TRON network. It aims to provide decentralized exchange services for the TRON community.
We sincerely hope that TRXMarket will be elected as a TRON SR. We will work together with the other 26 SRs to help build the TRON community, maintain the healthy development of the community, and contribute to the progress of the blockchain industry.”
DAPPHOUSE and TRXMarket Perfect Fit for TRON
In the event that DAPPHOUSE and TRXMarket are elected to the TRON SR club, the future of the network governance is undoubtedly one of the best in the market today. This will boost the TRX market position. With the recent addition of TRON on Bitcoin Superstore, any influential SR coming onboard will help turn around the network fortunes.
After Bitcoin Superstore listing, TRON appears not done yet in its bid to work with influential partners and supporters. TRX was among six new listings including XRP on the Superstore. Other influential firms to join the SR club include Happy East Capital, uTorrent and a popular cryptocurrency exchange, Huobi. uTorrent will be instrumental in opening up its open-source front through the new acquisition; BitTorrent.
Will TRON SRs Turn Around TRX Price Drop?
Since the last TRX price spike to $0.095 on May 2, the coin has been on the down trend and hopes are high that the SRs, through their market influence will turn around the worrying trend. The current24-hour surge of 6.24% against the dollar could usher in a short term growth before the SR campaigns are concluded.
At the time of reporting, TRX price stood at $0.020521 and the marginal gains are a reflection of the entire crypto verse and it might not hold for long as the major player price continues with their roller coaster behaviors. Putting in place the SR administrative function is however a strategic move towards a stable TRON ecosystem.