According to U.Today, Justin Sun’s TRON network has recently introduced the SunPump platform, a pioneering initiative for the launch and trading of meme coins. This new platform has significantly boosted on-chain activity within the TRON blockchain. Data from IntoTheBlock reveals a 124% increase in the total number of transactions on the network, particularly in the range of $100 to $10,000. This surge is attributed to the growing interest and hype surrounding the SunPump platform.
Launched last week, SunPump has already generated considerable excitement in the market. The platform aims to make it easier and more affordable for developers to launch their own meme coins, providing a secure and streamlined ecosystem. The TRON-based platform is expected to enhance user engagement and offer a more autonomous meme coin trading experience. SunPump simplifies the token issuance process and improves the trading experience, allowing users to choose their preferred meme coins and sell them at their convenience.
The introduction of SunPump has also positively impacted the price of TRX, TRON’s native token. TRX is currently trading at $0.1388, reflecting a 3.6% increase in the last 24 hours. Over the past week, the price has risen by 9.31%, and the 24-hour trading volume has surged by 71.56% to $391 million. This bullish momentum is seen as a positive development for the TRON ecosystem, with the network experiencing a significant rise in on-chain activity. TRON’s entry into the meme coin sector marks a step toward the network’s growth and evolution.
