Justin Sun's Latest Moves Hint at an Upcoming Meme Coin Explosion on the Tron Network.

Blockchain networks like Solana and, more recently, BNB Chain have witnessed strong performance thanks to meme coins. But is Tron's entry at this stage too late?

Last August, Justin Sun announced the launch of the SunPump launchpad, officially kicking off Tron's entry into the meme coin era.

With Tron's low transaction fees and high processing speeds, SunPump will simplify meme coin creation, positioning it as a competitor to platforms like Pump.fun on Solana (SOL).

"The wallet is ready and I am starting to buy meme coins,"

This statement follows another made by Sun in early March, where he promoted the creation of meme coins on Tron.

"The first rule of creating memes on Tron: I will not take a single cent in profit from meme coins. Any losses will be fully covered by me, and all profits will be donated," stated Sun.

Among its initiatives, SunPump is introducing a six-month zero transaction fee policy to attract new projects to the ecosystem.

This initiative has already started to pay off, as several projects on Tron have been gaining momentum.

Highlighting Tron's advantages—low-cost transactions and high efficiency—in a recent X (formerly Twitter) post in August, Sun stated that Tron provides the ideal environment for meme coin development.

Indeed, major blockchain networks have benefited from meme coins. For instance, BNB Smart Chain (BSC) recently surpassed Solana in decentralized exchange (DEX) trading volume.

A significant factor in this achievement is the surge of meme coin projects on BSC.

However, while Tron is actively engaging in meme coins, the broader market is cooling down. The meme coin market capitalization has dropped 56.8% from its peak of $125 billion in December 2024.

Major meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) have seen substantial price declines, and trading volume has decreased by 26.2% in the past month.

This decline signals waning public interest, which is evident from Google Trends data and a decreasing number of new meme coin projects.

Even competitors like Pump.fun on Solana are struggling. The platform's daily fee revenue has plummeted by 95%, from 12,000 SOL in February to below 1,000 SOL in March 2025.

This trend suggests a broad market downturn that affected Tron and other major players.

Despite the cooling market, Tron still boasts unique advantages. With SunPump and direct support from Justin Sun, it has the potential to become a key player in the meme coin ecosystem.

The critical focus now will be on building a strong community and fostering innovative projects within the Tron network.

The meme coin race is far from over, and Tron still has an opportunity to forge a strong position if it effectively leverages its strengths.