The CEO and Founder of the Tron Foundation, Justin Sun posted on Twitter that the fee of the transaction of the Tron Market has dropped to 0.1% at 7:00 [UTC] on 14th December. Furthermore, the good news got amplified when the next line of the post stated that the ecosystem might reach a transaction fee of zero by next Friday. The original tweet read:

“The transaction fee of #TRXMarket has dropped to 0.1% at 07:00(UTC) on Dec 14th! And 0 transaction fee will be realized by next Friday, go trade: @ http://trx.market tele: http://t.me/trxmarket2018 #TRON $TRX @justinsuntron @Tronfoundation”

To this, Justin Sun replied by saying:

“Nice! Hear the voice of the community! #TRON #TRX $TRX”

This is not the only progress that the TRX ecosystem has seen. In the latest weekly report by the Tron Foundation, it has been found that Tron’s TRC20 Exchange was finally launched. Furthermore, the report stated that with the help of Tronscan, it can be observed that 9 TRC20 tokens have been listed on Tronscan, wherein most of the projects are dApp tokens.

In another success story, the 24-hour transaction number for decentralized apps reached 1.04M, which is almost a 50% increase from the previous week.

There were two decentralized exchange that went live and were created and launched by the Tron community; one was TRX Market while the other one was called GOC. TRX Market was launched on 12th December and supports multiple tokens, namely, GOC, BET and FUN, which have bee issues through dApps.

Meanwhile, GOC is the first TRC20 and TRC10 exchange of Tron wherein the TRC10 is based on Bancor. This exchange is coded similarly to the Tronscan DEX but has a different UI.

Regarding dApps, Tron is also in heavy competition with the Ethereum blockchain, which has about 2,000 dApps. Sun, in the past has also instructed developers to move their dApp projects from Ethereum to Tron blockchain.

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