The Tron DAO team announced via X on Tuesday that it has entered into a strategic partnership with Merlin Chain, a native Bitcoin layer-2 blockchain. The partnership will see the two entities work together to expand Bitcoin interoperability, utilities and financial accessibility.
The team added that this latest development will drive cross-chain growth, expanding DeFi opportunities, and fueling innovation on the TRON Network.
TRON is a public blockchain attempting to become the core infrastructure for a decentralized internet. TRON relies on a Delegated Proof-of-Stake (DPoS) mechanism in which 27 Super Representatives rotate every 6 hours to validate blocks and transactions. TRX is up by 2% so far today and is trading at $0.14283 at press time.