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TRON (TRX) Forum + Ecosystem / Re: What is the current position of TRX?
« on: May 08, 2024, 09:15:51 PM »Yeah, Tron has only been known for USDT for many years. I haven't even used any Dapps on Tron. Tron recently announced a plan to develop a Bitcoin Layer-2 solution, but I haven't seen any significant updates from Justin Sun. In contrast, Solana and Base are witnessing a boom in memecoin projects. It's clear that users are choosing these projects, not just for low fees and fast speeds, but also for the vibrancy of the ecosystem.
Tron is slowly fading from user awareness in the market, even though the TRX token has made a fairly good recovery in recent times. For me, Tron only has two things: TRX for investment and TRC-20 USDT for use.
I think that although Tron still has its market and its users, what keeps its ecosystem alive is USDT and its very low fees in TRC-20. I stopped waiting for Justin Sun to do something a long time ago, I think after all this time it's become very clear that he's not going to do anything for Tron. That's one of the reasons (possibly the most important) why the Base and Solana chains are accumulating projects, users and Dapps while Tron remains in limbo. I think the plan to develop a Bitcoin Layer-2 solution is just smoke, they have had a lot of time (and never lacked funds) to show something to the community, but they have done nothing, like in the last few years. If it weren't for USDT, I don't know where Tron would be, and I'm not just talking about market cap.