The company behind the Opera browser has recently decided to integrate the TRON currency. What does this mean for users and the market in general? Could it be a boost for the entire cryptocurrency space?
The Basic Details
Opera is a desktop and mobile browser. The company that developed it are based in Oslo, Norway. They say that over 350 million people around the planet use this browser. This was the first mainstream browser to include cryptocurrency wallet integration. The company is listed on the NASDAQ stock exchange.
As for TRON, this is a blockchain innovator that started out in 2017. Their network includes the TRON Virtual Machine and they purchased BitTorrent in 2018. The TRON currency is called Tronix (TRX).
How Will This Link Work?
Opera users will be able to send TRX directly from the wallet in their Opera browser. It seems that transactions will be available on both the mobile and desktop version. Users will also be able to find TRON Dapps in the DApps store.
Justin Sun is the founder of TRON. He said that they are “proud to connect the largest, active blockchain ecosystem to the best web browser”.
This is just the third cryptocurrency to be built into Opera in this way. The other two are the biggest names in the crypto space: Bitcoin (BTC) and Ethereum (ETH).
What Will This Mean?
There is no doubt that this move will give greater visibility to the TRX currency. Millions of people who might never have heard of this digital token before will now be aware of it.
The fact that TRON is one of the leading names in DApps is another factor to take into account. They support an extensive range of activities, such as gaming and trading.
It could also provide an easy way for people to start using cryptocurrencies for the very first time. The relatively low cost of transactions and lack of entry barriers make the TRON currency a decent choice for newcomers.
This will potentially let far more people appreciate the potential of the blockchain too. Opera is a browser that has a strong focus on security and privacy. Therefore, it seems to be a good fit for TRON.
It is possible that this link leads to a price increase for the TRX token. However, at the time of writing a drop in the price of BTC has left most of the crypto market fairly flat.