Following the news that the next version of the Tron network should launch on July 7, the platform’s native coin, TRX, has seen the biggest rise in the last 24 hours among the top 25 coins by market capitalization.
Tron’s founder Justin Sun announced this Sunday via an open letter to the community the upcoming launch of Tron 4.0, dubbed ‘Great Voyage,’ marking the end to the Tron Odyssey version. Sun called this “a pivotal moment in the history of blockchain,” and described it as “not just the manifestation of Tron’s “Decentralize the Web” vision but is also the financial infrastructure for the coming blockchain generations.”
At pixel time (09:22 UTC), TRX trades at USD 0.018 and is up by 6% in the past 24 hours and by 13.5% in a week. At the same time, the total market capitalization is almost unchanged in a day. The second-placed crypto.com chain (CRO) went up 4.5% in a day.
As for the upgrade, which the letter says is about decentralized finance and not just dapps (decentralized apps), the blog post further explains what it encompasses: