TRON Partners with MixMarvel to Bring NFT-Based Features to Its Ecosystem

26 March 2021 | Updated: 26 March 2021

TRON (TRX) recently announced that it has signed a partnership deal with blockchain game publishing platform, MixMarvel, to include non-fungible tokens-based features on TRON’s DeFi ecosystem. Per the announcement, this partnership will include the integration of Wallet SDK on the TRON ecosystem.

MixMarvel is slowly climbing its way into the booming non-fungible tokens (NFT) industry with every new product or feature its launches. The partnership will allow TRON to provide a seamless cross-chain experience of FTs and NFTs, thanks to the Rocket Protocol integrated wallet.

Rocket Protocol is the main technology of MixMarvel and has recently seen an upgrade in some of its features, including expandability, permissionless access, and a complete Turing ability.

That said, the upgraded protocol is now fully compatible with TCR-721, TRC20, smart contract, and TRON’s EVM.

TRON’s latest partnership is the testimony of its commitment to participate in the NFT industry, particularly in the blockchain gaming segment.

The CEO of TRON, Justin Sun, expressed his excitement with the collaboration with MixMarvel to release a full-stack NFT platform.

Sun stated that:

“We are excited to be collaborating with MixMarvel to bring an NFT marketplace and wallet to the TRON ecosystem.”

TRXUSD – 4-Hour Chart

Key TRX Levels to Watch — March 26
TRON has regained its bullish momentum from its recent 15% decline to the $0.0520 area, as the cryptocurrency continues trading within a bearish channel. That said, TRX is currently at the top end of this channel and has to snap this level to continue upwards. Failure to break above this channel could precipitate a fall to the $0.0485 level in the coming days.

However, our 4-hour MACD indicates that the twenty-second largest cryptocurrency is just coming out of oversold conditions, making it more likely for it to break above the channel.

Meanwhile, our resistance levels are at $0.0546, $0.0556, and $0.0600, and our support levels are at $0.0482, $0.0461, and $0.0412.

Total Market Capitalization: $1.67 trillion

TRON Market Capitalization: $4.6 billion

TRON Dominance: 0.27%

 

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.