It has been reported by Today’s Gazette that travel platform Travala.com has officially added Tron Token (TRX) to the list of cryptos it accepts for booking hotels. This gives TRX users access to over 550,000 hotels serviced worldwide.
Travala was established in 2017 and accepts many cryptocurrencies already, including Bitcoin, Ethereum, XRP and others. Now, Tron can be added to the list, hopefully bringing in even more users who can benefit from this program.
In addition, users can save as much as 15% when paying with Tron. In the article, Travala is quoted:
“Use TRX to book 550,000+ hotels worldwide with an average saving of 15% on http://Travala.com Get further savings up to 10% off the already amazing prices with our SMART program…”
Travala works with properties in 210 countries, so there should be plenty of travel options for any user who wanted to take advantage of this program. Will it catch on? Stick with Chepicap for any updates!
Tron price analysis: TRX/USD bulls are struggling with critical price area at $0.0400 on its independence day
- Tron price on Tuesday is trading in negative territory, nursing losses of some 1.5% in the second part of the session.
- The Tron foundation will be completing a large scale TRX token buy-back plan over the coming year to 2020.
The Tron CEO and founder Justin Sun was recently tweeting to the community, noting that today marks Tron’s (TRX) independence day. It was this time last year when Tron migrated off Ethereumblockchain as an ERC20 token, to the launch its own Tron mainnet.
Tron foundation in an official blog post named ‘Announcement on $20 Million TRX Buy-back Plan and 2020 TRX Holding Plan by TRON Foundation’.
The detailed program is going to have the widest coverage in the secondary market. It will last for a year and will include buying back TRX from the secondary markets in batches with no less than $20 million.
TRX/USD daily chart
Tron’s Justin Sun claims stablecoins will be key to cryptocurrency development
The Justin Sun-led Tron has been in the news multiple times recently, thanks to its regular updates and noticeable price hikes. The CEO has also played a very active role in promoting the cryptocurrency, as exhibited by his recent AMA on Periscope.
Sun focused on how the initial success with protocol governance in the Tron ecosystem paved the way for future developments in the blockchain. The CEO stated,
Tron had 27 Super Representatives passing 17 new protocols out of which 10 were voted in and accepted. Tron is also the third blockchain after Ethereum to be associated with the stablecoin Tether.”
Justin Sun further opined that 2019 was the year of the stablecoins and that inked assets will be a key focal point when it comes to future developments. He believes that the stablecoin system is the ecosystem in which centralized finance will be taking off. Sun added,
“We will be collaborating with more parties to boost Tether USDT use cases in the TRX ecosystem.”
The Tron Foundation had launched Tether on the TRX blockchain in April to much fanfare, with Tron tweeting,
“Today #USDT is launched on TRON’s blockchain. $USDT is issued by @Tether_to on the #TRON network based on #TRC20 protocol. There will also be a total reward of 20 million $USDT for 100 days. $USDT will be fast, free and smart! #TRX #BTT”
This program was later postponed due to certain discrepancies that came to light post the Tether-Bitfinex episode. Another topic touched on by the Tron CEO was the much-celebrated BitTorrent, which has come a long way since its acquisition by Tron in 2018. Sun admitted that BitTorrent was ‘integral’ to the overall growth of Tron’s development cycle. BTT recently completed its fifth airdrop on June 11, right after the Tron blockchain had breached the 10 million mark in terms of block height. The BTT airdrop involved the transfer of close to a billion tokens which were sent as a reward to TRX holders.
Tron celebrates its Independence Day, Longhash on the risk of a 51% attack and more
Crypto News – 25 June
Circle’s CEO on future of non-sovereign money: According to Jeremy Allaire, non-sovereign money such as Bitcoin will grow more important in the future
Read more at https://bit.ly/2KARTtt
Tron, Bitcoin SV rally: On the back of Bitcoin breaching the $11,000 mark, both Tron and Bitcoin SV surged by over 3% in an hour, assisted by developments in their corresponding ecosystems
Read more at https://bit.ly/31SibNk
Stephen Moore joins ‘Decentral:’ According to a report by Fox Business, Moore has joined a group of entrepreneurs who plan to launch the “the world’s decentralized crypto central bank”
Read more at https://bit.ly/2LeUEAd
Cloudflare outage cripples websites: World’s leading cryptocurrency exchange, Coinbase, India’s WazirX and HitBTC were among websites affected by a Cloudflare outage
Read more at https://bit.ly/2RD2VPB
More reason for Tron to cheer: CEO Justin Sun announced the listing of Tron [TRX] perpetual contracts on BaseFEX, a cryptocurrency derivative exchange
Read more at https://bit.ly/2X11eBo
Pompliano on Bitcoin’s future: According to the Co-founder of Morgan Creek Digital Assets, Bitcoin may be valued at $100,000 and have a market cap of $2 trillion by 2021
Read more at https://bit.ly/2xeYocA
Chainblock CEO on Bitcoin Cash: According to Federico Pecoraro, Bitcoin Cash has the potential to be the perfect global coin for daily spending
Read more at https://bit.ly/2YcuiCC