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Tron’s TRX Climbs to Number 10 Spot in Market Capitalization

Tron has been making huge waves as 2018 comes to a close, first with the release of the Tron virtual machine and smart contracts, then with the demo version of its decentralized exchange (DEX) TronWatch, and most recently with news of adding zk-SNARKS and privacy.

And now Tron has marked another highlight as it moves into the #10 position on Coinmarketcap.com for market capitalization.

TRX market capitalization on Coinmarketcap

When you consider the bear market in cryptocurrencies that’s been pushing coins lower nearly all year, any sustained upward momentum is impressive. Part of Tron’s move to #10 is due to the strong bounce seen at the end of November, when it looked as if cryptocurrencies might mount their own Santa Claus rally.

We wonder how far Tron might go as it continues gaining ground, while its rival in the dapp field, Ethereum, has remained stagnant since losing the #2 position to Ripple.

If transaction volume and dapp capacity is any indicator, Tron should already be higher than Ethereum, since it

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