Yesterday (March 18), Tron founder Justin Sun announced that TRX, the native Tron token, is coming to Solana. This Tron news came as a surprise to many but has offered some bullish sentiment to market participants.
With Sun’s announcement, two major blockchain ecosystems combining forces could inject fresh momentum into the market.
It’s happening again.
We are about to experience another meme Szn on the @trondao blockchain.
Yesterday, @justinsuntron made this statement: “TRX will soon be on Solana. Ready to buy and collaborate 🤝”
Here are 4 reasons you should care and how to stay positioned 🧵 pic.twitter.com/PgrR7Sa5bg
— Big Quiv 🔺💜🥷奎夫大帝🇶🇦 (@_Quivira) March 19, 2025
Justin Sun Hasn’t Expanded On What This Means For TRX Crypto, But The Tron Community Has Some Ideas
Sun’s announcement has caused much commotion within the crypto community. While the Tron founder did not share further details, his post suggests that TRX will be available on Solana shortly.
The chatter online is centered around new yield farming and staking opportunities. Another interesting possibility is for TRX holders on Solana to receive airdrops.
One thing that seems certain is that TRX is getting wrapped and bridged to Solana, allowing users to trade and utilize it within Solana’s bustling DeFi and NFT ecosystem.
Once this happens, liquidity pools for TRX will likely pop up on platforms such as Raydium, Kamino, and Drift. Users interacting with those liquidity pools may be eligible for future collaborative airdrops between Tron and new Solana projects.
Tron’s native token hasn’t reacted much to Sun’s announcement. TRX is currently trading at around $0.23, climbing only 2% since the news broke of its migration to the Solana network.
Shrewd Move By Sun Moving TRX To Solana, Which Could Open Up Fresh Liquidity
Solana has gained notoriety for its ultra-quick transactions and low transaction fees, establishing it as a top choice for meme coin and utility projects.
If TRX successfully integrates with Solana, it could facilitate the movement of fresh users, developers, and liquidity between the two ecosystems—and potentially onboard more volume, which could boost TRX’s price.
Justin Sun is known for his entrepreneurial ways in the crypto world, always seeking out the next big opportunity, and this move fits that pattern. By expanding TRX’s presence, Sun is setting Tron up for wider use while leveraging the huge community on Solana.
This move could give SOL a much-needed boost. It is currently trading at $128 and struggling to break resistance at $130. Another catalyst that could push it through resistance and back toward $200 is today’s news that Raydium is launching a Pump.fun competitor named LaunchLab.
Raydium is launching LaunchLab — its own version of pump dot fun
The platform will offer linear, exponential and logarithmic bonding curves
It will also let third party UIs set their own fees
Raydium’s native $RAY token price reacted with a 25% up in 4 hours
According to a… https://t.co/umDQHDZK6l pic.twitter.com/nbJaeSYwxN
— Meme Wizard (@meme_wzrd) March 19, 2025
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Tron founder Justin Sun teases TRX being made available on Solana in the near future
- Speculation is rife on what this could mean for the TRX community, with airdrops being one possibility
- Tron users being able to take advantage of Solana’s deep yield farming and staking opportunities also on the cards
- Best Wallet (BEST) is going from strength to strength as it nears $11.2m in early stage funding. It is a fully multi-chain self-custodial wallet packed full of features not found on other web3 wallets
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