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Tron founder Justin Sun teases Solana collaboration, TRX value surges 4%
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TRONfounderJustin Sunhas teased a possible integration of TRX within the Solana ecosystem.
Sun stated in a March 18poston X that TRX would soon be available on Solana while encouraging users to prepare for collaboration.
The announcement sparked significant optimism within the crypto community, with prominent Solana ecosystem member Mert Mumtaz, CEO of Helius Labs,offeringto support Sun’s initiative.
According toCryptoSlate’sdata, TRX’s value spiked by more than 4% following the announcement to $0.225.
Some community members also noted that this announcement’s timing aligns with Sun’spush for zero-fee stablecoin transactionson TRON.
Both TRON and Solana are known for processing fast, low-cost stablecoin transfers.Datafrom Artemis highlights their combined substantial stablecoin holdings of more than $70 billion and their high transaction volumes, which rival that of Ethereum.
Stablecoin Supply and Transfer Volume on Ethereum, TRON, and Solana (Source: Artemis)
On-chaindatafrom IntoTheBlock indicates a steady rise in daily active addresses on the TRON network since late January, with figures now approaching record highs.
Additionally, TRON has positioned itself as the leading blockchain in revenue generation.
According to Nansen data shared by the Poloniex exchange, TRON recorded $12.9 million in transaction fees over the past week, surpassing Ethereum’s $6.87 million and Solana’s $6.7 million.
Moreover, a recentreportfrom Our Network highlights TRON’s strong financial performance.
According to the report, the network’s 2024 annualized revenue exceeded $2 billion, marking a 116% year-over-year increase.
The report furthered that TRON’s deflationary model remains a key differentiator, as it burns all TRX transaction fees. Since Dec. 2019, TRX has maintained a deflationary trend, with an annualized rate of -0.94% as of March 11, 2025.
Mentioned in this articleTRONSolanaJustin SunAdCryptoSlate on Substack cryptoslate.substack.com Must-read crypto news & insights. Delivered daily. Join 100k subscribers
Sun stated in a March 18poston X that TRX would soon be available on Solana while encouraging users to prepare for collaboration.
The announcement sparked significant optimism within the crypto community, with prominent Solana ecosystem member Mert Mumtaz, CEO of Helius Labs,offeringto support Sun’s initiative.
According toCryptoSlate’sdata, TRX’s value spiked by more than 4% following the announcement to $0.225.
Collaboration details
While no technical details have been disclosed, some crypto community members have suggested that the integration could enable interoperability between TRON and Solana. In contrast, others suggest it may involve Wrapped TRX launching on Solana.Some community members also noted that this announcement’s timing aligns with Sun’spush for zero-fee stablecoin transactionson TRON.
Both TRON and Solana are known for processing fast, low-cost stablecoin transfers.Datafrom Artemis highlights their combined substantial stablecoin holdings of more than $70 billion and their high transaction volumes, which rival that of Ethereum.
Stablecoin Supply and Transfer Volume on Ethereum, TRON, and Solana (Source: Artemis)TRON’s ecosystem growth
This development comes at a time when TRON is experiencing significant growth.On-chaindatafrom IntoTheBlock indicates a steady rise in daily active addresses on the TRON network since late January, with figures now approaching record highs.
Additionally, TRON has positioned itself as the leading blockchain in revenue generation.
According to Nansen data shared by the Poloniex exchange, TRON recorded $12.9 million in transaction fees over the past week, surpassing Ethereum’s $6.87 million and Solana’s $6.7 million.
Moreover, a recentreportfrom Our Network highlights TRON’s strong financial performance.
According to the report, the network’s 2024 annualized revenue exceeded $2 billion, marking a 116% year-over-year increase.
The report furthered that TRON’s deflationary model remains a key differentiator, as it burns all TRX transaction fees. Since Dec. 2019, TRX has maintained a deflationary trend, with an annualized rate of -0.94% as of March 11, 2025.
Mentioned in this articleTRONSolanaJustin SunAdCryptoSlate on Substack cryptoslate.substack.com Must-read crypto news & insights. Delivered daily. Join 100k subscribers
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