Tron foundation’s founder and CEO, Justin Sun released the foundation’s weekly report on Twitter on December 10. The report contained an overview of Tron Foundation’s progress in the past week. Along with the progress aspect, the report touches upon community activities and the global community.

The report was divided into multiple parts including the work completed and the work that was in progress. The report indicated that there has been an optimization in the structure of the synchronization module and to improve the processing of messages. The foundation claims to have achieved a dynamic resource ceiling.

Meanwhile, the report highlighted that the tests for a multi-signature wallet are underway, which will enable full nodes to interact with SolidityNode.

Tron foundation’s other activities include the launch of the Tron Accelerator program, a developer contest, with a prize pool of $200,000. It also teased the launch of Tron Ecosystem Co-Builder Plan [ECP], which will facilitate Tron-based startups and developers in communicating directly with the foundation.

It also announced the launch of Tron Arcade, Tron blockchain game fund, with an investment of over $100 million in the coming three years. Also, with Tron’s mainnet version 3.2 update, the foundation now has over 1200 developers.

The coin which achieved the tenth position on the CoinMarketCap’s list has maintained its position even after a rocky ride. At the time of press, TRX was valued at $0.0132 with a market cap of $877 million. The coin had a 24-hour trade volume of $58 million and had plunged by 4% in the past 24 hours.

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