Trons TRX-TOKEN now on Solana: price increase and speculations about possible TRX-ETF

Trons TRX-TOKEN now on Solana: price increase and speculations about possible TRX-ETF

TRX token now available on Solana: Justin Sun announces new possibilities to

Justin Sun, the founder of the Tron Blockchain, has announced that the native TRX token can now be traded on the Solana blockchain. With a current total range of 20 million Trx on Solana, this step shows the commitment of Tron to expand the presence of its digital assets.

Course increase after the announcement

As a result of the announcement, the Trx course increased by 2.42 %. At the time of the publication, Trx lists $ 0.2347, while the trading volume was over $ 744 million within 24 hours. This indicates a strong interest of investors, which has also led to a price increase of 5.92 % in the past few weeks.

The introduction of TRX on Solana-based platforms could further consolidate the market presence of Tron in decentralized trade, including liquidity gateways. This interactive integration enables users to benefit from the fast transaction speeds and low fees of the Solana network.

improved interoperability and technical support

The decision to integrate TRX into the Solana ecosystem reflects the efforts of Tron to improve interoperability between different blockchain networks. This strategic movement could have a significant impact on access to the decentralized financial infrastructure (Defi) of Solana.

mert, the CEO of Helius Labs, welcomed the initiative and offered technical support, which reflects the interest of developers in the Solana ecosystem. Although some users expressed concerns, the TRON team confirmed its long-term goals regarding wider applications and flexibility.

Future developments: TRX-ETF

In addition, Justin Sun has indicated the possibility of a TRX-Exchange-Traded Fund (ETF). He spoke of "larger institutional developments" that are imminent. This triggered speculation about the future orientation of Tron in the community.

Although there is no formal registration or confirmation so far, a TRX ETF could be on the list of important asset managers. In the recent past, companies such as Blackrock, Fidelity and Franklin Templeton have submitted new ETF applications for digital currencies such as XRP, SOL, ADA and SUI.

The new availability of Trx on Solana and the potential steps towards a TRX ETF could arouse the interest of institutional investors and significantly change the market landscape of Tron. The developments in this area are pursued with tension.