Justin Sun Openly Challenges His Competitors: We Will Be One of the Top 3 Coins!
Tron founder Justin Sun believes his protocol has strong upside potential against its competitors in the crypto ecosystem.
Sun predicted that TRX will soon be among the top three cryptocurrencies by market cap. Currently, Bitcoin ($BTC ), Ethereum ($ETH ), and Binance Coin ($BNB ) are at the top of the list.
Sun stated that Tron is developing rapidly and has reached a level where it can compete with current market leaders. In the interview, he said that while this goal was more of an “ambition” seven years ago, today this forecast is based on data.
According to Sun, a large number of people are currently using Tron and 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 success 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 areas, the Tron ecosystem also draws attention with its memecoin revolution. After the launch of Sun Pump, Tron has become a popular destination for memecoin developers and investors looking for quick profits.