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Cryptocurrency News Articles

Tron TRX/USD Recorded Double-Digit Gains Tuesday After Justin Sun Teased the Coin's Integration with the Solana SOL/USD Blockchain.

Mar 19, 2025 at 11:21 am

The tenth-largest cryptocurrency popped over 10%, becoming the market's third-biggest gainer over the last 24 hours.

Tron TRX/USD Recorded Double-Digit Gains Tuesday After Justin Sun Teased the Coin's Integration with the Solana SOL/USD Blockchain.

output: Tron's (TRX) price recorded double-digit gains on Tuesday after Justin Sun teased the coin's integration with the Solana (CRYPTO: SOL) blockchain.

What Happened: The tenth-largest cryptocurrency shot up over 10%, becoming the third-biggest gainer in the crypto market over the last 24 hours.

TRX touched a 10-day high of $0.24, while its trading volume soared 54% to over $991 million in the 24-hour period.

TRX's surge outperformed other large-cap cryptocurrencies, including Bitcoin (BTC) and Dogecoin (DOGE), which fell 0.58% and 0.26%, respectively.

The positive momentum was imparted after Tron founder Justin Sun announced that TRX would have a Solana version.

"TRX will be soon on Solana. Ready to buy and collaborate," Sun said in an X post, which sparked interest among members of the cryptocurrency community.

As of press time, it is unclear whether the integration will be performed using a wrapped version of TRX.

TRX will be soon on solana.

Ready to buy and collaborate 🤝

Why It Matters: Wrapped tokens are tokenized versions of cryptocurrencies operating on blockchains other than their original networks.

TRX was originally an Ethereum-based token, but it later transitioned to its own blockchain in 2018. Having a Solana version might potentially open up new avenues for decentralized finance and increase the coin's liquidity.

The integration could also foster collaboration between the Tron and Solana ecosystems, potentially leading to joint projects and cross-chain applications.

This development comes as the cryptocurrency market is showing signs of recovery after a period of decline. Bitcoin, the world's largest cryptocurrency, has managed to stay above the crucial $70,000 level, while Ethereum is trading above the $2,000 mark.

The crypto market capitalization has recovered to over $2 trillion, showcasing a return in investor interest in the digital asset domain.

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Other articles published on Mar 19, 2025