Tron and Mobilum Join Hands for Crypto Payment Cards

On Jul 25, 2024

The Mobilum cards can be topped up using any cryptocurrency supported by the Tron network and will be compatible with Google Pay and Apply Pay.
TRON DAO has demonstrated significant network growth in 2024, with average daily transactions nearing 7 million.

In its recent announcement, financial technology and payments firm Mobilum announced its partnership with Tron DAO (decentralized autonomous organization) to provide cryptocurrency payment cards to all the users of the Tron network. The goal behind this move is to bring crypto payments into mainstream financial transactions. Besides, it also aims to make crypto spending absolutely seamless among investors.

Mobilum announced that registration is free for all users who can top up the card with all cryptocurrencies supported on the TRON blockchain network. Interstingly, Mobilum provides the facility to seamlessly integrate their virtual cards with Apple Pay or Google Pay. Mobilum also stated that users can use this crypto payment card anywhere where Visa and Mastercard are valid.

We are excited to announce our new collaboration with @trondao to offer crypto payment cards for TRON network users making crypto spendable like never before!
Enjoy the thread👇
1/5🧵 pic.twitter.com/Q8N3ZL1p6w
— Mobilum (@mobilumofficial) July 22, 2024

Mobilum is keen on building an all-in-one infrastructure that caters to the global payment needs in both – Web2 and Web3 ecosystems. It aims to build innovative products for retail as well as institutional players with the core goal of making cryptocurrencies more accessible, spendable as well as ubiquitous in daily lives.

TRON DAO Records Strong Network Growth

As reported by Crypto News Flash earlier this month, the TRON DAO network has shown strong resilience and growth so far in this year 2024. the average daily transactions on TRON DAO have reached close to 7 million which shows the growing network use and popularity. Thus, selecting TRON DAO as its preferred network has been a smart move by Mobilum.

Tron’s native cryptocurrency TRX has been also showing strength as the 11th largest cryptocurrency by market cap. As of press time, TRX is trading 1.43% up at $0.1361 and a market cap of $11.8 billion.

Over the past week, the Tron (TRX) price has undergone some major fluctuations. The altcoin has been showing volatility in the range of $0.1332 and $0.1360.Currently, TRX is trading in an ascending channel pattern with its next resistance at $0.1380. Above this, TRX can further rally to $0.1400. If it manages to breach, it could open the gates for $0.1450 and beyond.

The current bullish trend in the TRX price is evident from the sharp surge in the total number of transactions on the Tron blockchain, recently surpassing more than 8.1 billion, per the CNF update. This robust activity reflects increased user activity and adoption of the blockchain network.

The total number of transactions on #TronNetwork has exceeded 8.1B and the total number of transactions on #Ethereum has exceeded 2.45B. pic.twitter.com/DKY3AXbeTZ
— Lookonchain (@lookonchain) July 24, 2024