The price of Tron (TRX) pumped 7 percent today, following the news that Tron has become the fourth coin to be supported by the Samsung Blockchain Keystore.
Today's rally from a daily low of $0.0208 to a high of $0.0223, marks the end of an impressive four-day run for the digital asset.
The surge began on the 25th of October as Tron CEO Justin Sun's teased that "Tron will partner with a hundred billion USD megacorporation next week." Since the tweet was sent, the price of TRX has rocketed over 40 percent from $0.015 to its current price $0.021.
Apart from just the new Samsung partnership, Tron's recent 70 percent price appreciation over the last month can also be attributed to a recent recovery for Bitcoin, and especially Chinese-focused blockchain projects such as NEO and Ontology. Prices for the coins associated with these chains have both also doubled in the last 30 days. Read More...