Tron (TRX) leads a weekend altcoin rally and is now up 20% to $ 0.038 after announcing plans to integrate decentralized storage with the BitTorrent file-sharing platform.

Tron says it is leveraging its BitTorrent ecosystem to further decentralize and incentivize BitTorrent’s user base of over 100 million. The peer-to-peer platform will incorporate the BitTorrent File System (BTFS) so that users can receive and host storage on their computers with other individuals and businesses.

According to Tron,

“BTFS, a variant of the open source InterPlanetary File System (IPFS) protocol, began internal testing in late May and is the first step in creating a distributed web platform based on blockchain technology.”

Says Justin Sun, Founder of Tron and CEO of BitTorrent,

“BTFS is another step in our mission to create a decentralized Internet that enables everyone to participate in the richness of web commerce. We are creating a platform with BTFS, BitTorrent Speed ​​Blockchain Integration and the BTT Utility Token so that users can interact quickly and privately around the world without middlemen or government intervention. “

Sun is also teasing other big news for Tron and BitTorrent with an announcement on June 3rd.

I did it! Big win for the #blockchain community! Big unveiling on June 3rd. Stay tuned! #TRX $ TRX $ BTT #BTT https://t.co/C2ZcINfcKb

– Justin Sun (@justinsuntron) June 1, 2019

TRX ousted Stellar to make it back into the top 10 on CoinMarketCap before dropping back to 11th place and then overtaking Stellar again at the time of writing.

📢 According to @CoinMarketCap, #TRX is back in the TOP 10 with a recorded market capitalization of 2.59 billion US dollars! #TRON $ TRX pic.twitter.com/Ae9CUjouQz

– Justin Sun (@justinsuntron) June 1, 2019

The flip-flop continues as Tron and Stellar’s market caps are head-to-head, with TRX at $ 2.54 billion and XLM at $ 2.53 billion.

Top cryptocurrencies by market capitalization

Source: CoinMarketCap

Altcoins flash green, with all top coins increasing in single digits. Bitcoin is also up 1.47% to $ 8,558.

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