EU Antitrust Probe Could Lead to Massive Google Fine Under DMA Rules 
Nvidia and Microsoft to Launch AI-Powered Windows PCs at Computex 2026 
Macquarie Names Five Taiwan AI Stocks Set to Benefit From Data Center Growth in 2026 
Morgan Stanley Names Top AI Security and Data Center Stocks for 2026 
Samsung to Invest $1.5 Billion in Vietnam Semiconductor Testing Plant by 2027 
Huawei Chip Breakthrough Sparks Rally in Chinese Semiconductor Stocks 
Samsung Union Dispute Escalates Over Semiconductor Bonus Vote 
SpaceX IPO Hype Raises Questions as Many Major Stock Debuts Underperform Market 
Xiaomi Shares Drop After Weak Q1 Earnings Amid Rising Smartphone Costs 
Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements 
Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions 
Meta Subscription Push Could Add Billions in Recurring Revenue, Says Rosenblatt 
Salesforce Q1 FY2027 Earnings Beat Expectations Despite Soft Q2 Revenue Outlook 
Elon Musk Explores Possible Tesla-SpaceX Merger Amid Growing AI Investments 
SoftBank to Invest €75 Billion in France AI Data Center Expansion by 2031 
Mega IPOs Like SpaceX and OpenAI Could Reshape S&P 500 and Nasdaq 100 Portfolios in 2026 
Marvell Stock Rises After Record Q1 FY2027 Earnings Fueled by AI Demand 
TRON (TRX), the 10th largest cryptocurrency in the industry by market capitalization, is moving away from Ethereum (ETH). The transition is part of the digital currency’s desire to rival ETH in providing basic-layer blockchain foundation that will support decentralized applications (dApp).
TRX recently commenced the beta version of its independent community blockchain, Cointelegraph reported. TRX’s MainNet, also known as the Odyssey 2.0, will test its system throughout June. And on June 25, the full launching of the network’s Genesis block will take place. The TRON team is aptly calling it “Independence Day.”
As for token transitions, the slated period is between June 21 and June 24. During this time, investors holding ERC-20 standard coins will be able to swap them in a one-for-one trade for the same number of TRX.
On June 26, TRON developers will conduct what it is calling a “Super Representative Election,” during which members of the TRON community will be able to vote on how the network’s policy should take shape. Developers boast that testing their MainNet network yielded a speed 400 times higher than Ethereum’s.
Furthermore, they emphasized that among their primary aim is to focus on attaining scalability and decentralization. MainNet is designed to use a Proof-of-Stake algorithm rather than Proof-of-Work, which is used by other cryptocurrencies, including Bitcoin.
Due to these radical changes, it would seem that TRON’s market value has taken a glancing hit. The recent number of the digital currency is at $0.06, decreasing 0.3 of a percent from its previous price. The dip spells a 14 percent decline from its recent $0.07 value this week.
However, TRON did manage to accumulate a market head of almost $4 billion. The number spurred sharp comments from Vitalik Buterin, co-founder of Ethereum, calling TRX’s market value as a prime example of something that’s overestimated before it even yields results.
Wall Street analyst Spencer Bogart has similar criticisms for TRON and other cryptocurrencies. He said that investors who have TRON should sell their tokens as he considers it to be overvalued. Cardano, IOTA and NEO were the digital currencies to which the analyst gave a similar estimation, while Bitcoin Ethereum, and Ripple received a relatively tamed review.
