$TRX TRON Unveils Bitcoin Layer 2 Solution and Roadmap TRON's new Bitcoin Layer 2 solution and roadmap have just been revealed on X/Twitter.
The approach will decentralize the TRON network and interconnect its multiple currencies. Among the tokens will be stablecoins, a fusion of the TRON and BTC networks, and associated L2s, such as Bitcoin Ordinals. In addition to connecting TRON and Bitcoin, the integration will provide Bitcoin with access to $55 billion in value.
The news has caused a 1.37 percent increase in the price of TRX over the past day. The price of the coin has increased by 7.81% in the last week and is now trading at $0.1319. TRON's most recent prediction predicts that by 2024, the value of the coin would have risen to $0.172. Going back to the most recent announcement, TRON also detailed its future goals. The tweets claim that exchanges are converting and that BTC is now available to TRON via cross-chain.
The first phase of the TRON roadmap focuses on transferring assets from the Bitcoin network to TRON. Tokens from other TRON projects, such as SUN, TRX, USDT, USDC, BTT, WIN, NFT, etc., will be able to join the BTC network through cross-chain modifications. This integration will allow TRON tokens to communicate and work together with the Bitcoin network.
To facilitate the use of BRC-20 tokens, TRON intends to fund user-centric wallets and public services. As such, it marks TRON DAO's foray into Ordinals and Bitcoin L2 solutions. Several BTC L2 protocols will collaborate with TRON in the second phase. Through these collaborations, users will be able to place bets on various Bitcoin L2 networks. The expansion of the Bitcoin L2 ecosystem will be facilitated through the use of the TRON asset portfolio. In the third phase, a second layer solution that unites the BTTC, BTC and TRON networks will be unveiled. The protocol that accompanies the solution will be compatible with Bitcoin.
