- Justin Sun predicts that Tron will surpass Solana and become a top-three cryptocurrency within two years.
- Tron has a significant advantage in stablecoin liquidity, with a $60 billion supply compared to Solana’s $1 billion.
Justin Sun, the founder of Tron (TRX), recently predicted that his blockchain network could surpass Solana (SOL) within two years. In an interview with Altcoin Daily, Sun expressed confidence that Tron would be ranked among the top three cryptocurrencies because of its solid stablecoin and meme coin fundamentals, which he referred to as the driving force for aiming so high.
Tron’s dominance among stablecoins was highlighted by Sun, who pointed out that the vast supply in the network was very important. Tron is way ahead of its competitors, such as Solana, since it has a $60 billion stablecoin supply, while Solana’s is $1 billion. Sun highlighted, that the liquidity advantage has increased the appeal of Tron among traders of meme coins. According to him, the project migrates to Tron because it has better liquidity and trading volume, especially for meme coins.
The platform’s success in this area has been swift, with Tron-based meme coins quickly outperforming rivals in terms of active users and revenue. Tron’s launch of another batch of meme coins was followed by significant traction within weeks, thereby establishing itself as a focal point for the growth of these new sectors.
Expanding Use Cases and Global Reach
Justin Sun also gave a plan for the growth of Tron, emphasizing two key points: stablecoin adoption in upcoming economies and improving worldwide payment solutions. He plans to see Tron have no less than one billion users in the coming two years, and he intends to concentrate more on the underdeveloped Asian markets. Sun aims to increase the development of Tron through the trading of stablecoins and meme coins, which depends on the platform’s versatility and efficiency.
Sun compared Android and Tron and said that the network could be used effectively in decentralized applications since it is very flexible. According to him, Tron has some advantages over Ethereum in terms of speed, cost, and prevention capabilities against miner extractable value (MEV) attacks. The adaptability would make many people turn to Tron as it will be very useful and important in the blockchain industry because it will continue to attract many developers and users.
Sun admitted to concerns about centralization in the Tron network. He explained that as of 2020, the platform had ceased working with the community nodes, and at the moment, most of the main validators are under the control of well-known organizations such as Binance, OKX, and Tether. Sun repeated that he does not own much of Tron and that its control now follows a decentralized approach.
Tron’s Market Position Strengthens as User Growth Accelerates
Currently, Tron ranks 10th by market capitalization, or 7th when excluding stablecoins, with a market cap of approximately $13 billion. Recent data suggests significant user growth on the Tron network, supporting Sun’s optimism. According to Messari, there has been a 32% growth in active addresses; they increased from 1.61 million to 2.12 million.
The same case applies to the network transaction count that has increased tremendously, whereby the weekly transactions went up from their lowest point at the start of the year in February but were only 6. 61 million by mid-September.
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