Just a few months removed from its official launch, Tron (TRX) is showing incredible network potential, this time through Tron transactions growing rapidly. The Tron network has performed more transactions than Ethereum (ETH) in the last few days. This is according to data provided by TronScan and BitInfoCharts.  Tron continues to grow amid the bear market.

Tron Registers More Transactions than Ethereum

According to TronScan, on October 19, the Tron network processed 630,000+ transactions. At the same time, as reported by BitInfoCharts, Ethereum registered 600,000+ transactions the same day. The same can be seen for October 18, 20 and 21.

The number of transactions registered on the Tron network shows a momentaneous increase. During the rest of October, Ethereum has always doubled or tripled the number of transactions processed by Tron. It will be important to closely follow whether Tron will be able to sustain such a good performance in the coming days and weeks.

Ethereum developers are currently working in different solutions to improve their network. The Ethereum blockchain has been experiencing some scaling issues during the last months that need to be addressed. In early 2019, Ethereum will release a new hard fork known as Constantinople.

At the moment, there is no specific reason why Tron is growing in this way. However, there is a considerable number of dApps being deployed on top of Tron. As Tron transactions continue to rise in number it shows an optimistic outlook for the altcoin, poised to raise Tron price significantly. 

Justin Sun, Tron’s CEO and Tron Foundation’s founder is working very hard in order to improve the network. Just some days ago, he mentioned on Twitter that Oracle visited Tron’s headquarters in San Francisco.

On the matter, he wrote:

“Oracle blockchain team visited Tron Foundation HQ in SF. Diving deep on Smart Contracts, Tokenization and partnership opportunities. Tron to the future.” 

Oracle #blockchain team visited #TRON Foundation HQ in SF.
Diving deep on #SmartContracts #Tokenization and partnership opportunities. #TRON to the future. 🎉#TRX $TRX https://t.co/Hq3Y4IETlW

— H.E. Justin Sun🌞(hiring) (@justinsuntron) October 20, 2018

Although there is no partnership confirmation, he hinted that they are working on smart contracts, tokenization, and other opportunities.

Want to learn more? Here’s our full Tron TRX price prediction, find out how Tron transaction numbers affect TRX price outlook.

Carlos is an international relations’ analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.