By CCN Markets: Tron (TRX) has entered the list of top ten cryptocurrencies after rising exponentially four days in a row.
The TRX-to-dollar exchange rate established a weekly high of $0.0407 on Sunday, its best since June 4. That took the pair's highest month-to-date gains to 42.5 percent, including a 31 percent gain noted across the last four daily sessions. At the same time, the Tron's market capitalization surged to as high as $2.61 billion. At its highest, it was circa $16.752 billion.
Tron (TRX) Price Up 31 Percent in Last 4 Days | Source: TradingView.com, Binance
On a 24-hour adjusted timeframe, Tron outperformed its peers, including ether, XRP, litecoin, and bitcoin cash, by rising more than 6 percent. Only bitcoin, the world's leading cryptocurrency by market capitalization and adoption, managed to come closer to Tron with 2.36 percent gains. At the same time, the Tron-to-bitcoin exchange rate witnessed a 4 percent jump, suggesting that Tron is stronger against bitcoin on an intraday basis.