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12th-ranked cryptocurrency TRON (TRX) has announced that it will be the latest token added to the popular KuCoin exchange. The announcement has received tremendous support from TRON fans on Twitter, and comes in the wake of numerous major upgrades being made to the platform. TRON’s KuCoin listing is scheduled to go into effect on August 28th.

TRON (TRX) Relentlessly Upgrading

TRON has been extremely busy over the last couple of months. In late July, TRON CEO Justin Sun announced that TRON had acquired industry leading peer-to-peer (P2P) file sharing platform BitTorrent for $140 million. Sun wrote in a blogpost following the acquisition, “With the integration of BitTorrent, TRON aims to liberate the Internet from the stranglehold of large corporations, give data rights back to the individual, and reignite the early 21st century vision of a free, transparent, decentralized network to connect the world, because the internet belongs to the people.”

Soon after, Sun announced that TRON had also acquired Blockchain.org, while also revealing that the company’s Seedit platform would begin to allow TRX token payments across social media platforms like Twitter. Blockchain.org has served as an important resource for big data analysis, blockchain project evaluations and an information searching portal for key services for users in the blockchain field.

“By collecting a big amount of data, it will help TRON to better analyze what the community wants, what the blockchain field needs and what the current and future market condition is,” announced the TRON Team following the acquistion. “Users can also utilize these analyzed data to be better informed about a certain project and get the information they need. The introduction of BlockChain.org can also help solve certain problems in the blockchain field by analyzing the needs of the market and offering a feasible solution to it.”

More recently, TRON announced the launch of the TRON Virtual Machine TVM scheduled for August 30th. The TVM will seek to compete with the Ethereum network to attract dApp developers.

Finally, on August 25th, the TRON Foundation announced that a series of upgrades to TRONWallet is reported to have fixed over 100 bugs. The new update also allows users to split operations with multiple accounts. The TRONWallet is currently available for Android and is reported to be coming to iOS soon.

Suggested ReadingLearn more about Tron in our comprehensive beginner’s guide

The flurry of activity surrounding TRON coincides with a nearly 7 percent price increase in the TRX token’s price over the last 7 days, now up to $0.024. Like most major cryptocurrencies, the TRX token is still attempting to recover from the crash following the cryptocurrency boom in December, where it reached record highs of $0.25.

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