2023-06-03 18:09:36
The Tron blockchain platform’s TRX token hit a one-year high following founder Justin Sun tweeted confirmed the BitTorrent integration with the Ethereum network. In a tweet, Sun wrote: “TRON has now extended its reach by leveraging the BitTorrent bridge to become active on the Ethereum blockchain.”
Tron (TRX)
Tron (TRX) produced one of the biggest movements of the day among the top coins, following its price is up 7%.
From Friday’s low of $0.0762, TRX/USD raced to an intraday high of $0.08545 on Saturday. It has since weakened, with the 12th largest digital coin trading at $0.0817 at the time of writing.
TRX has not just started to recover, it has already strengthened by 18% in 30 days, which is only enough to bring a 0.3% plus to traders over a 1-year period.
XRP token
Another winner of the day among the top coins was Ripple’s XRP token, which rose to a multi-week high as it tried to break through a key resistance.
XRP/USD rose to a high of $0.5299 on Saturday, bringing it within reach of the $0.53 resistance level, which it ultimately failed to break through. In any case, it is a great performance, because the last time its price was this high was in mid-April.
Litecoin is also performing well, whose exchange rate is clearly dominated by halving expectations.
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