TRON price (TRX/USD) edges higher after slow Friday start

The TRON price (TRX/USD) has seen some positive price action in the past 24 hours, although it has struggled to maintain strong positive momentum.

The ninth-largest cryptocurrency on the market experienced mostly quiet trading, with its price hovering around the $0.025 level during the better part of the session. However, situation changed in late trading, as the digital coin saw a strong uptick that lifted its price to a two-day high of $0.026. The coin eventually closed the session at $0.0253, slightly higher than its opening level of $0.0251.

TRX declined further in the early hours of today’s trading, with its price even dipping below the $0.025 mark. The coin has managed to edge higher in subsequent trading, though it has only recently managed to rise above the level of yesterday’s close.

In other TRON-related news, industry website Cointelegraph has reported that BitTorrent, the file-sharing company that was acquired by Tron last year, will start integrating its new crypto token into its service by the summer.

According to a press release shared with the online publication, BitTorrent Speed, the system that will integrate the BitTorrent Token (BTT) into µTorrent Windows client, will launch by the summer. The system will issue cryptocurrency token rewards to users that serve content to others via the µTorrent network, Cointelegraph noted.

BitTorrent announced its plans to launch the TRON-based BTT earlier this month, saying that the token would be used to incentivise file sharing on the BitTorrent client. BitTorrent users will be able to use BTT to pay for more bandwidth in order to download files faster.

In today’s trading, the TRON price stood at $0.0254, as of 15:31 GMT. The digital coin has gained 3.3% in the past 24 hours. The coin’s total market cap currently stands at $1.7 billion.