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Tron News Today: TRON (TRX) SunNetwork Launches Testnet

The SunNetwork will be hosting DappsChain, a sidechain solution. Its primary objective is to bring a smooth experience to distributed apps. What’s more is that energy use is also claimed to be nominal for transaction verifications.

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Tron Dapps and SunNetwork

Last week, the infamous founder of Tron, Justin Sun tweeted that SunNetwork Testnet has officially launched. He added that the overall solution of SunNetwork will present limitless scaling capability for TRON MainNet. The tweet continued that this in turn, will bring additional possibilities to development of TRON’s DApps and whole ecosystem.

It is to be noted that the SunNetwork is a second-tier solution for the TRON network. Interestingly, it may have the potential for covering a greater amount of transactions. Notably, the testnet stage was entered Thursday, 13 June.  It is promising greater velocity by means of the network.

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It is to be noted that the new testnet will allegedly make possible smart contract deployment, apart from testing the DappsNetwork sidechain. Nevertheless, there is no officially declared deadline for the mainnet as developers test the potential for distributed apps (DApps).

Tron (TRX) Market Cap and Cardano

At the time of reporting, Tron (TRX) is exchanging hands at the rate of $0.032 with a volume of more than $595 Million, according to coinmarketcap. Furthermore, on an hourly basis, the cryptocurrency is down by 2.76 percent, as per coinmarketcap. Also, in terms of overall market capitalization, it is ranked behind Cardano and is presently sitting at 12th position, as per data given by coinmarketcap.

What do you think about the future prospects of Tron blockchain and SunNetwork? Do let us know in the comments below.

Also Read: Tron News Today: TRX Node Count Reaches Six-Month High

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