Justin Sun attends W2140 EXPO: TRON valuation is expected to exceed $30 billion

On November 12, Justin Sun, founder of TRON and member of Huobi HTX Global Advisory Committee, attended the W 2140 World AI+WEB3 Expo online, won the annual blockchain leader award, and was invited to give a keynote speech. He believes that the diversified development of the public chain ecosystem is not only a necessary condition to meet the needs of the diversified market, but also the core driving force for the continuous evolution of the blockchain industry, and TRON has shown significant advantages in this field.

Justin Sun emphasized in his speech that only assets with liquidity and a real user base can truly create value for the public chain ecosystem. To this end, TRON has always been committed to building an efficient, secure, scalable and decentralized blockchain platform. Since its establishment, TRON has continuously made technological breakthroughs and has built an application ecosystem covering multiple fields such as payment, meme, decentralized finance (DeFi), NFT, etc., injecting continuous vitality into the practical application of blockchain.

Especially in the stablecoin USDT, Sun Yuchen pointed out that through TRONs high-performance network, USDT transfers can be operated efficiently and at low cost, which not only significantly improves the user experience, but also provides instant confirmation and low-cost services for cross-border payments and local transfers, meeting users needs for fast and secure payments. In addition, TRON has further expanded the application scenarios of payment and transfers through cooperation with local payment institutions in Europe and South America.

When talking about future development, Justin Sun revealed that TRON will continue to explore decentralization, especially exploring new models of decentralized finance through USDD. He emphasized that despite the challenges faced by decentralized stablecoins, TRON always believes that decentralization is the core of the blockchain spirit and the cornerstone of the future financial system.

Justin Sun said that in the fourth quarter, TRONs top priority is to upgrade USDD and position it as an authoritative decentralized stablecoin in the Krypto market. To this end, TRON will take a series of strong measures, including improving transparency, strengthening technical support, and optimizing collateral management, to ensure that USDD can maintain stable operation amid economic fluctuations. At the same time, TRX, as TRONs native token, has become an ideal collateral for decentralized stablecoins due to its market value stability and high liquidity. Justin Sun further revealed that TRON plans to add Bitcoin as collateral for USDD in the future to lay a more solid foundation for the development of decentralized stablecoins.

When talking about the market impact, Justin Sun revealed that the current market value of TRX has exceeded 16 billion US dollars, the liquidity depth exceeds 200 million US dollars, and the slippage is maintained below 3%, which provides solid support for USDDs decentralized stablecoin status. He predicted that as the TRON ecosystem continues to mature, TRONs basic valuation will exceed 30 billion US dollars, further enhancing the market influence and user confidence of the entire ecosystem.

In addition to payment and transfer scenarios, Justin Sun pointed out that TRON will continue to explore and push the boundaries of blockchain technology, support and incubate a series of innovative projects with practical application scenarios and real user bases, so as to further enrich the TRON ecosystem and promote the application of public chain technology in more scenarios.

It is reported that this expo is hosted by the Thai government and the Thai Asian Chamber of Commerce, and organized by the W 2140 EXPO Organizing Committee, bringing together the worlds top blockchain experts, developers, and AI elites. As the worlds largest WEB3 ecological theme event, its influence covers more than 150 countries and regions, and is expected to attract about 200,000 blockchain technology and crypto asset enthusiasts to visit.

This article is sourced from the internet: Justin Sun attends W2140 EXPO: TRON valuation is expected to exceed $30 billion

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