Justin Sun Openly Challenges His Competitors: We Will Be One of the Top 3 Coins!

1 day ago

Tron founder Justin Sun believes that his protocol has a strong upside potential against its competitors in the crypto ecosystem.

Sun predicted that TRX will soon be among the top three cryptocurrencies in terms of market value. Currently, Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB) are at the top of this list.

The explosion in the Tron ecosystem

Sun stated that Tron is developing rapidly and has reached a level where it can compete with current market leaders. In the interview, he stated that this goal was more of an “ambition” seven years ago, but today this prediction is based on data.

According to Sun, a large number of people are currently using Tron and stated that if this demand continues, TRX could be among the top three cryptocurrencies by 2025 at the latest.

Tron is currently the second largest stablecoin network and has a USDT stablecoin reserve of $ 59.8 billion. This achievement brings Tron’s total locked value (TVL) in the decentralized finance (DeFi) space to $8.04 billion.

In addition to its growth in the stablecoin and payment space, the Tron ecosystem is also notable for its memecoin revolution. After the launch of Sun Pump, Tron has become a popular destination for memecoin developers and investors looking for quick returns.

Tough competition for TRX

However, in order for TRX to enter the top three cryptocurrencies, it will need to leave behind projects such as Cardano, XRP, Solana, and Binance Coin. These projects continue to develop rapidly in their own ecosystems.