Entrepreneur Justin Sun‘s invention, Tron (TRX), is preparing for a significant upgrade following the announcement by Tron Core Devs to release the GreatVoyage-v4.7.4 (Bias) update in March. This update, planned to be available in the first quarter of 2024, aims to develop the protocol, simplify its use, increase network stability, and optimize performance.
Tron Network Readies for Bias Update Rollout
The upcoming Bias update is set to bring a series of effective improvements to the Tron network. Among the notable new feature additions are support for gRPCurl tool calls, facilitating seamless gRPC interface calls, and enhancing user-node interaction. The update also addresses module dependencies within the Java-Tron code by optimizing Gradle dependencies, easing development processes, and reducing maintenance burdens.
Bias update offers a number of improvements in the withdrawal speed of voting rewards as a response to community initiatives aimed at optimizing the network’s computational performance. This optimization is expected to significantly increase the calculation speed of voting rewards, thereby enhancing the overall transaction efficiency of the Tron network.
As preparations for the release of the GreatVoyage-v4.7.4 version continue, users and stakeholders of the Tron network anticipate a stronger and more efficient network infrastructure. Tron’s developers confirm their commitment to providing a seamless and rewarding Blockchain experience for users by addressing key issues such as protocol development, network stability enhancement, and performance optimization with the update.
Tron’s proactive approach to innovation places it at a significant position in the Blockchain world. This development comes on the heels of founder Sun hinting at the possibility of launching a spot Tron ETF in the near future, signaling the continuation of Tron’s efforts to expand its presence in the crypto world.
TRX Price Remains Quiet While Trading Volume Increases
Despite the major update announcement, the price of Tron’s TRX continues to trade at a relatively stable $0.1434. Although the price remains steady, the altcoin‘s trading volume has increased by 27.14% in the last 24 hours to $553.58 million. Experts suggest that the rising trading volume could lead to a price increase for TRX if the trend continues.
On the other hand, data shows that TRX’s price has recorded approximately a 26% gain over the last 30 days and has shown a modest increase of about 3% over the past week.
