Forbes pointed out that Sun increased initiatives using Tron to build a worldwide payment system.
Tron has three hundred million users right now and optimistic future prospects.
Justin Sun, the creator of Tron Blockchain, represented a turning point in the crypto business. Sun was highlighted in Forbes as "Crypto's Billionaire Barker," who assisted the Trump family in the US in generating $400 million.
Sun developed the Tron platform, which now boasts an increasing user base having onboarded about 300 million people.
Justin Sun Highlights in Forbes
On March 27, Forbes published a story on Justin Sun on his great attempts to create a worldwide payment system via the Tron platform and his backing of the Trump family in the US.
Their piece starts with Sun's love of the US President Donald Trump starting in middle school while he was living in Huizhou, a city with six million residents in China's Guangdong province, when his teacher urged his class to view American television in order to pick up English.
Sun started the narrative when he downloaded repeats of The Apprentice using BitTorrent, a business he eventually purchased.
The American rivalry, flair, and ego grabbed Tron's creator; all these things, Forbes wrote, "anathema" under Chinese socialism.
But in the early 2000s, the changes instituted by Deng Xiaoping brought capitalism to China—particularly in Shenzhen, which borders Huizhou. Sun said that it was only natural for The Apprentice to gain popularity in China.
Years later Sun was funding World Liberty Financial (WLFI), the Trump family's crypto initiative.
WLFI Investments Made by Justin Sun brought in $400 million for the Trump Family.
As stated by Zak Folkman, co-founder of WLFI, during Consensus 2025 in Hong Kong, Tron committed $30 million in the project in 2024, thereby ranking as its biggest investor.
Sun made another $45 million investment in WLFI after his original outlay, of which 75% went straight to Trump, the article said.
Tron's creator apparently made a few million more when the US President started memecoin TRUMP in January.
Sun's whole WLFI stake was sealed off permanently, however it brought in $400 million for the Trump family.
He was appointed an adviser to WLFI, therefore honoring his support of the crypto project. The US SEC gave Sun also some positive news.
SEC Investigated Sun's Companies Pausedly
Forbes also noted how Sun has been the largest backer of the US President's crypto initiative after facing an SEC complaint for false market manipulation and selling unregistered securities since March 2023.
Under whom the SEC would acquire fresh leadership as well, Sun essentially endorsed the person now running America, the magazine said.
Following Trump's inauguration on January 20, the regulator also stopped all of its investigations into cryptocurrency businesses, including Coinbase, Kraken, Robinhood, and others, thereby stopping its case against Sun and his enterprises as well early 2025.
Forbes kept on and expressed opinions about Sun's view on Bitcoin and its developer.
For Tron's Founder, Bitcoin and Satoshi Nakamoto are not idealistic promises of a new financial system run by peers and outside of central banks and greedy tech giants; rather, they are a business model that "copies" the ones of other first movers.
Sun later on, nevertheless, stressed the need of keeping Satoshi's vision on Bitcoin intact.
stating that there is no more ludicrous mix than combining central banks with Bitcoin, he attacked Coinbase's packaged BTC release in September 2024, stating Satoshi could never have imagined this.
Sun also considered Bitcoin's fit with Satoshi's original goal in 2018 and said Tron may carry its legacy.
Recently, he also said that TRX would experience halvings like BTC, a program meant to lower the pace of TRX emissions, thus lowering inflation, and so enhancing the long-term value of the asset.
Sun's remarks show respect for Bitcoin and its inventor, not the belief that they are not very important as Forbes advised.
Important turning points in Sun's chronology
Forbes then carried on its piece with a chronology of Sun's life, noting significant events as these:
Enrolling in 2011 at the University of Pennsylvania
Downloading a Bitcoin wallet after a 2012 NYT story on the currency
2013 saw Ripple appointed Chief Representative to China.
Investing in the 2014 Ethereum ICO
Meeting 2015 founder of Binance, CZ
introducing Tron in 2017
Tron's Journey: The Value of Binance and CZ
According to Forbes, CZ has been Sun's most crucial player in early success. Just a few days before China outlawed cryptocurrencies, in August 2017 Binance managed Tron's $70 million ICO.
Ever since Binance chose Tron as a preferred platform for USDT buying and selling, it has been a major force in the market.
Drawing on Dune data, Forbes also pointed out that Tron makes around half of USDT's $144 billion market cap account.
CZ started the Gold Label Project in November 2018 to boost crypto products, and Tron was among the first to gain from this; at that time, Tron became the default choice for 10 million users of Binance who wished to pay USDT for dollar transactions.
With a 16% annual percentage interest on balances, Binance presented USDT holders on Tron ahead of Ethereum in transfers in 2019. USDT supply on Tron shot from $100 million to roughly $1 billion that year.
The controversy between Binance and CZ in 2023 resulted in the creator of the exchange spending four months in prison; nonetheless, Binance's boost for Tron remained essential and resulted in:
USDT rising to top among all the cryptocurrencies traded worldwide
Tron now serves as USDT's primary blockchain
Tron's Outstanding Measures
Tron's monthly transaction reaches $500 billion and it now boasts 300 million users globally.
Tron's overall transactions exceeded 9,9 billion, according to tronscan statistics; the amount accounts close to 297 million. With Tron's TVL reaching $18,9 billion and overall transfer volume above $17.4 trillion,
Low fees improved the network after Tron made transactions for thirty cents while Ethereum was demanding $50.
Tron over half of the $144 billion in USDT in circulation, and its fees have grown at least ten-fold. Tron's income in 2024 was $2.2 billion; presently, based on previous month alone, income surpasses $278 million, Tronscan reports.
With monthly transactions rising over 80%, Tron processes up to 2,000 TPS and logged 2.4 billion transactions last year, surpassing BNB and Solana, Forbes wrote, citing statistics from CryptoQuant.
What's Tron's next move?
Sun is striving to make Tron safer, Forbes underlined, noting that in September 2024 Tron, Tether, and TRM Labs established a cooperation to eradicate illegal activities on Tron, therefore known as the T3 Financial Crime Unit.
Tron hopes to find out if the US SEC would also dismiss lawsuits against the project; however, now that he is a WLFI investor, things might go well for the project and its creator. He also spent time with the sons of the US President, Eric and Donald.
Sun recently said that in this supercycle Trump's backing may help many crypto companies and advance the sector overall.
Using Elon Musk as his example, Tron's creator also discussed artificial intelligence agents about the future of the sector, noting that they would not work for free and would require a strong payment structure.
Sun Share His Thanks to Forbes.
Sun said in an X post thanking Forbes for featuring him that decentralization will rule and Tron's path is still under progress.
While noting that Forbes' story came as a "hit piece," Binance's CZ praised Sun.
Sun's ambition and dedication, his support of the Trump family's crypto project, Binance and CZ's support and the success of the Tron blockchain over the years highlight what counts most, despite some biassed connotations in Forbes' article following the usual mainstream media approach on Trump, the crypto industry, and its leaders.
#Tron #JustinSun #TrumpTariffs #WhaleMovements $TRX