Tron back in the limelight after Ledger integrated with TronLink to boost mainstream adoption

  • 18 July 2019, Thursday, 14:10

Tron, the Justin Sun-led cryptocurrency, has been in the news multiple times this year, on the back of several updates and developments. The cryptocurrency is in the limelight again after its latest partnership with Ledger, the popular hardware wallet. On July 18, it was revealed that Ledger will be integrated with TronLink, Tron’s very own Google Chrome extension.

TronLink announced the same on Twitter and tweeted,

“We are pleased to announce that @Ledger, the global leading hardware wallets, has been functionally integrated to #TronLink. Ledger users can manage and transfer their #TRON-based assets through TronLink now.”

The official press release from TronLink informed users that they can install the Tron application on the Ledger Nano S or the Ledger Blue, in order to manage their respective TRX tokens on the TronLink plug-in. The movement into the hardware market was seen by the community as a step by Tron to boost mainstream adoption, not just in the software sector, but also in an area where rival cryptocurrencies have gained a foothold.

The partnership with TronLink is one of several that Ledger has participated in and aligns with the words reiterated by Ledger CEO Pascal Gauthier a few weeks ago. He had said,

“It’s time that the market stop making promises and starts delivering first.” Following the remarks “we not here to promote currencies. Crypto winters bring innovation; it forces you to ask the right question. But like all weathers, this winter must also come to an end.”

Tron was also in the news recently after the Foundation revealed plans for its previously postponed TRC20-USDT incentive plan. The updated TRC20-USDT Incentive Plan 2.0 will allow users to tap into a reward pool of 200 million Yuan. Tron had said,

“We hope to encourage users to exchange the USDT in their balance with TRC20 USDT. The campaign is set to run till mid-August. Holders of TRC20 USDT can get token airdrop as returns on a daily basis, and the annualized return date can be as high as 100 percent.”