Justin Sun Touts Tron as Solana Killer; Predicts Rise to Top 3 Coins by 2027
Justin Sun, the founder of Tron (TRX), has made bold predictions about the blockchain network, expressing confidence that Tron would surpass Solana (SOL) and secure a position among the top three cryptocurrencies within the next two years.
Speaking during an interview with Altcoin Daily, Sun, who has been in the crypto space since 2013, highlighted Trons strengths, particularly in the realm of stablecoins and meme coins.
Tron has the largest stable coin supply on the blockchain, Sun stated on Sep. 16, emphasizing the networks liquidity advantage over its competitors.
Sun noted that Trons meme coin ecosystem has seen significant growth, with projects increasingly migrating from other chains like Solana. He attributed this to Trons superior liquidity, stating that while Solanas stablecoin supply sits around $1 billion, Trons supply surpasses $60 billion, offering much deeper liquidity for meme coin traders.
I think we will definitely become the go-to place for meme coin in the space, he emphasized. Interestingly, the platforms success in this area has surprised even Sun himself, with Tron-based meme coins surpassing competitors in active users and revenue within just two weeks of launch mid-last month.
Additionally, Sun drew parallels between his platform and Android, positioning Tron as a versatile foundation for developing various decentralized applications. He noted key improvements over Ethereum, such as faster and cheaper transactions and resistance to MEV (Miner Extractable Value) attacks.
Justin Sun also addressed concerns about centralization in the Tron network, clarifying that he owns only a small portion of the network. He emphasized that Tron ceased operating community nodes in 2020, with major validators now controlled by prominent entities like Binance, OKX, and Tether.
Finally, Sun shared his ambitious roadmap for Trons future. Notably, he revealed he aims to achieve 1 billion addresses within the next two years, driven by the adoption of stablecoins and payment solutions in emerging markets. He also highlighted plans to expand meme coin trading, especially in less sophisticated Asian markets, and enhance global partnerships to strengthen stablecoin payment infrastructure.
I believe Tron will also become one of the top three cryptocurrencies, he added, suggesting the crypto asset could soon topple the likes of Solana (SOL) BNB, or even Ether, backed by strong demand and real-world usage.
Meanwhile, while Suns predictions are ambitious, the crypto mogul maintains a pragmatic approach, focusing on product delivery and user satisfaction rather than token price.
Tron ranks 10th by market capitalization (7th if excluding stablecoins) with a market cap of around $13 billion. That said, Suns bold forecast of Tron breaking into the top three cryptocurrencies within two years would mark a significant leap, considering Solana, currently the fifth-largest coin, holds a market cap of $66.1 billion as per CoinMarketCap.
Read more: https://zycrypto.com/justin-sun-touts-tron-as-solana-killer-predicts-rise-to-top-3-coins-by-2027/
Text source: ZyCrypto
