TRON (TRX) founder Justin Sun said in a statement that the highly anticipated TRON 4.0 update in the crypto community will be released on July 7.

TRON, which was launched on June 25, 2018, is stated to be the safest, most efficient privacy protocol supported by the virtual machine for the first time with its new update, TRON 4.0.

It has been announced by the company that the approval period of TRON, whose current block approval period is 57 seconds, will decrease to 3 seconds with the update. If the update goes as TRON wants, it seems likely to be an important milestone for blockhain.

TRX price has started to rise with the announcement. The crypto asset traded at $ 0.0168 before the announcement is traded at $ 0.01787 as of writing.

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