TRON celebrates its 5th anniversary of "Independence Day" and sets out again with a new mission

On June 25, 2023, TRON celebrated the fifth anniversary of the launch of its mainnet. June 25 is TRON’s “Independence Day”. Just as the Declaration of Independence marked the beginning of a new era for the United States, June 25 “Independence Day” marks that TRON has embarked on a new and exciting journey. Justin Sun, founder of TRON and member of Huobi’s Global Advisory Board, delivered a passionate speech. Sun said: “On this special day, I sincerely thank everyone for their companionship and support along the way. Over the past five years, we have been committed to promoting the decentralization of the Internet. Now, we have a new mission to build a Metaverse Financial Free Port.”

The 5th anniversary of the mainnet launch has created a top public chain

On June 25, 2018, TRON officially launched its mainnet. Since the tokens are separated from Ethereum, TRON will operate completely independently. Therefore, June 25 is called "Independence Day" by the TRON team.

The TRON team challenges the traditional centralized model and is committed to building its own decentralized network. TRON has made remarkable achievements in promoting the development of blockchain technology and digital assets worldwide.

Five years after the launch of the mainnet, TRON has undoubtedly become one of the most important infrastructures in the crypto industry. In the five years since the launch of the mainnet, TRON has more than 168 million users worldwide, has processed more than 5.9 billion transactions, and has a total locked value (TVL) of more than 11.5 billion US dollars, second only to Ethereum, ranking second in the industry.

In addition, relying on its own advantages, TRON has also built its own perfect on-chain ecology, and has made outstanding achievements in major tracks of the industry such as NFT, DeFi, GameFi, stablecoin, metaverse, cross-chain, DID, etc. Among them, the most eye-catching thing in the industry is that TRON has built its own stablecoin map, becoming a well-deserved "heavyweight player" in the field of stablecoins.

In terms of overall planning, TRON has established a stablecoin ecosystem including USDT, USDC, TUSD, USDJ and USDD, covering various stablecoin businesses such as high circulation, compliance, decentralization and high collateralization rate. Among them, TRON has the largest circulation of USDT in the entire network, exceeding 46 billion US dollars, accounting for 60% of the market circulation share, becoming the first in the industry. To a certain extent, TRON has built a deep "moat" in the field of stablecoins.

Most importantly, while pursuing the construction of its own public chain, TRON is also striving to pursue compliance development opportunities in various fields. TRON cooperated with VanEck, a top global asset management company, and successfully launched TRX ETN on the German Stock Exchange in September 2021, and entered 14 mainstream financial markets in Europe. In October 2022, seven tokens under TRON were granted the status of legal digital currency in Dominica, and TRON also became the country's national public chain, creating a new model for blockchain projects to cooperate with sovereign states to explore technology applications and development.

In the five years since the launch of the mainnet, TRON has not only achieved significant growth in user volume, but also achieved satisfactory results in stability and compliance, fully realizing the community and industry’s expectations for it. expectations.

Continue to build and achieve financial freedom for 8 billion people around the world

Justin Sun once said, "In the business world, what matters is execution and whether something can be delivered." Today, the achievements of TRON undoubtedly reflect Sun's original promise. TRON, the "crypto giant", is also continuing to sail to the next journey.

Recently, Justin Sun said at the TRON community seminar that TRON has established a business map consisting of a public chain, an exchange and a stable currency. Justin Sun further pointed out that in the future, TRON will continue to accelerate the pace of internationalization and compliance, actively promote the prosperity and development of the ecosystem, lay out various tracks in the industry, and implement long-term work in the fields of education, environmental protection, artificial intelligence, etc., strive to achieve the goal of building a metaverse financial free port, and contribute to the realization of financial freedom for 8 billion people around the world.

Based on the public chain, continue to focus on stablecoins, and introduce exchanges, the most important link in the crypto industry. Sun Yuchen is showing his grand plan to the crypto industry, and the launch of the TRON mainnet on "Independence Day" five years ago was the origin of all this.

For TRON and its community, "Independence Day" not only represents independence, but also symbolizes the beginning of autonomy, innovation and free development. "The trust of the community and users is the core competitiveness of TRON. I hope that in the future, we will work together to enable 8 billion people around the world to achieve financial freedom. Happy 5th anniversary!" said Justin Sun.