Monday’s disappointing crypto markets have sent the prices of TRX down by over 16 percent in just 24 hours. However, on the adoption side, the token is making great strides. Today, Huobi Wallet announced via twitter that they are officially supporting TRON [TRX].

Tron’s popular founder Justin Sun quickly retweeted the announcement adding his appreciation for the support. Huobi’s professional, multi-chain wallet currently supports over 1000 types of digital currencies.

Huobi Makes the Announcement

On Monday, Huobi Wallet announced on its Twitter page:

“Huobi Wallet is officially supporting TRX. Download Huobi Wallet from http://bit.ly/2QUCNhZ . The bounty program is on the way. Please follow @HuobiWallet for the latest update. @Tronfoundation @justinsuntron @HuobiGlobal.”

The tweet was quoted by Justin Sun who wrote:

“Thanks for the support to #TRON. #TRX $TRX”

The full details of the bounty program announced have not been revealed yet, but the latest updates are expected to be announced via the @HuobiWallet twitter handle.

Huobi is a multicurrency wallet that currently supports BTC, ETH, EOS, BCH, ETC, LTC, and all ERC20 tokens. Huobi Wallet provides professional Digital Asset Management services and has patents in security isolation and data encryption.

Industry Heavyweights, Huobi and Tron

Huobi Group and Tron are both well-established players in the crypto industry. Tron has grown to become the 11th largest cryptocurrency in the world, processing record amounts of transactions on their network.

Huobi Group runs one of the world’s largest cryptocurrency exchange as well as having a full ecosystem of blockchain services including mining pools, a venture capital arm, and an incubator. The announcement today could further cement their positions as industry leaders and increase adoption of both the Huobi Wallet and TRX token.