Tron’s Justin Sun Announced that TRX Will Soon Launch on Solana
Key Points
- Tron’s Justin Sun announced that TRX will soon be on Solana, ready to buy and collaborate.
- Today, TRX is up by over 4%, recording a slight surge following the announcement.
Earlier today, Tron’s founder Justin Sun announced in a post on X that TRX will soon be on the Solana (SOL) blockchain. He said that the team is ready to buy and collaborate, triggering a price surge for TRX.
TRX will be soon on solana. Ready to buy and collaborate 🤝
— H.E. Justin Sun 🍌 (@justinsuntron) March 18, 2025
TRX Price Surges
At the moment of writing this article, TRX is trading above $0.22, up by over 4% in the past 24 hours. The digital asset has a market cap of over $21.35 billion.
TRX price in USD todayFollowing Sun’s announcement, TRX recorded a slight price surge, seeing its market cap rise from over $21.2 billion to current levels.
TRX To Launch on Solana
Tron, the decentralized blockchain-based OS developed by the Tron Foundation launched in 2017. Originally the TRX tokens were ERC-20-based tokens deployed on Ethereum, but in 2018 they were moved to their own network.
Now, it seems that the TRX tokens are also set to launch on Solana, according to Sun.
The project was initially created to provide full ownership rights to digital content makers, with the goal of helping content creators who receive a small part of the income and encouraging them to get more rewards for their work.
The Tron software supports smart contracts, multiple types of blockchain systems, and dApps.
Solana’s Performance
Sun might have taken this decision due to Solana’s optimistic trajectory.
Since February 2024, Solana recorded 100% uptime without any incidents reported, compared to Tron which recently recorded some short-lived mainnet issues, according to data from Statusgator.com.
TRX on Solana could translate into faster transactions.
Currently, Solana has 964 transactions per second in real-time with a maximum of 65,000 transactions per second, compared to Tron which has 131 TPS in real-time, and a maximum of 2,516 TPS, according to Chainspect .
Chainspect dataThe TRX-Solana duo is expected to boost liquidity and user engagement from both projects, with users being able to dive into DeFi protocols or staking deals using TRX on Solana, according to Alva market insights.
More details about TRX on Solana have to be officially announced.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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