By
Temitope Olatunji
April 26th, 2024
Sun has also sparked curiosity in the crypto community by exploring the possibility of launching a TRX-based ETF in the future.
Tron blockchain founder Justin Sun took it to X social media platform to discuss potential innovations for the TRX and HTX cryptocurrencies. In his latest tweet, he also hinted at integrating popular innovative solutions into these tokens in the future.
Engaging with the Tron community, which includes many long-term TRX and HTX users and holders, Sun initiated a conversation about the future development of these coins. Topics included artificial intelligence, GPT computing, meme coins, gaming finance, as well as Bitcoin layer 2 solutions.
What's next for #TRX and #HTX? Meme coin, AI and GPT computing, gaming finance, or Bitcoin layer 2? 🔴🔵
— H.E. Justin Sun 孙宇晨 (@justinsuntron) March 4, 2024
However, the opinions within the Tron community varied. Some users advocated for integrating all of the options proposed by Sun, while others preferred focusing on specific choices like AI, meme coins, or Bitcoin layer 2 integration. Additionally, Sun has sparked curiosity in the crypto community by exploring the possibility of launching a TRX-based ETF in the future.
Meme coins, artificial intelligence (and AI-based coins), and gaming finance have gained significant attention lately. This is especially true for AI and GameFi, seen as crucial directions for cryptocurrency development in the near term.
Last week, Tron’s Justin Sun announced a partnership with EVM-compatible Merlin Chain in order to improve interoperability with the Bitcoin blockchain.
Merlin Chain, an EVM-compatible platform, offers a native BTC Layer2 solution incorporating decentralized Oracle networks, zk rollups, and on-chain BTC fraud-proof units. Recently, the chain secured funding for its development endeavors. Sun emphasized that this initiative will facilitate Bitcoin Layer2 solutions on TRON, thereby expanding the utility and improving financial accessibility for the altcoin.
Tron Hits New Milestone
As the Tron blockchain continues to grow and proceed with new partnerships, it continues to hit new milestones. Blockchain analytics reveal that the Tron network has surpassed a significant milestone, with the total number of addresses exceeding 95 million.
Comparatively, Tron has outpaced other layer 1 networks like Cardano and Avalanche in terms of address growth. This assessment is based on data from the market intelligence platform IntoTheBlock, which tracks the total number of addresses on the blockchain with a non-zero balance to gauge network expansion.
An increase in addresses with a balance indicates that either new investors are entering the network or existing holders are re-engaging. This trend typically signifies positive momentum for a cryptocurrency, indicating ongoing adoption and utilization of the blockchain.