The blockchain platform Tron began migrating from the Ethereum ecosystem to its own blockchain, which was officially launched on 31 May.

TRON mainnet called Odyssey 2.0 is released.

The beta version of TRON's mainnet will work till almost the end of June, giving developers the ability to configure wallets before a full-scale launch.

“Our team maintains a high standard of excellence as we head towards becoming a mainstream public blockchain. The move of the TRON Protocol to MainNet makes it easier for developers to break away from Ethereum and opens up new doors towards better scaling, commercialization and express lanes needed for global dApp development.”

The process of token migration will start on 21 June and last till 24 June. Users will be required to place their ERC20 tokens on those cryptocurrency exchanges that support TRON's blockchain and receive an equivalent amount of TRX. According to TRON developers, 25 June will be the "Independence Day" of the project.

“The independence of our protocol is a crucial step in ushering in the next phase of the internet through democratization and decentralization,” said Justin Sun, TRON's founder.

Despite the optimism of the creators, the TRON capitalization jumped to $4.2 billion, but fell quickly to $3.9 billion. Now it fluctuates around $4 billion. Currently, TRON (TRX) with a capitalization of about $4 billion ranks 10th among the largest cryptocurrencies.