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TRX Price Pumps As Justin Sun Hints at Upcoming Tron ETF

TRX Price Pumps As Justin Sun Hints at Upcoming Tron ETF

CryptoRoCryptoRo2025/03/22 00:33
By:Rada Mateescu

Key Points

  • On March 20, TRX went live on Solana.
  • Today, TRX is up by 2% amidst rising network metrics.

Tron (TRX) recorded a price surge today, amidst bullish events. Yesterday, TRX went live on Solana and the project’s founder, Justin Sun, announced an upcoming Tron ETF.

TRX Price Surges

At the moment of writing this article, TRX is priced above $0.23, up by almost 2% in the past 24 hours. TRX has a market cap of over $22,2 billion.

TRX price in USD today

TRX’s upward trajectory today comes amidst an overall bullish crypto market and multiple optimistic events and announcements.

Tron’s Latest Announcements

On March 20, Tron’s founder, Justin Sun, hinted at an upcoming TRX ETF via an X post.

TRX ETF is coming👀

— H.E. Justin Sun 🍌 (@justinsuntron) March 20, 2025

His announcement comes after yesterday the first two SOL ETFs went live in the US, and the US SEC delayed approval for various funds in the country until President Trump’s nominee for the new SEC Chair, Paul Atkins takes office.

Also, yesterday was the day on which TRX went live on Solana with Sun highlighting that this was not a hack, but a real collaboration with Solana, and saying that TRX can now be purchased on the SOL chain.

TRX on SOL is now live! All liquidity is ready! LFG 🚀
Contract Address (CA): GbbesPbaYh5uiAZSYNXTc7w9jty1rpg3P9L4JeN4LkKc https://t.co/PIzk3Kd4GL

— H.E. Justin Sun 🍌 (@justinsuntron) March 20, 2025

Sun first mentioned that TRX would go live on Solana on March 18.

Sun also revealed that TRX went live on Pump.fun right after the platform announced that it introduced Pump.Swap, its native DEX.

#TRX is now on @pumpdotfun ! https://t.co/lcachXyNpj

— H.E. Justin Sun 🍌 (@justinsuntron) March 20, 2025

TRX also went live on the Phantom Wallet and Trust Wallet as well.

Amidst all these bullish events, and following multiple optimistic achievements marked by the crypto industry this week, Tron’s metrics are seeing significant surges.

Tron Metrics Rise

Tronscan data shows that the total accounts on the network surged significantly in the past 24 hours, surpassing 295,6 million.

Also, the total transactions on the network recorded a surge and topped 9,9 billion in the past 24 hours, according to the same official data.

The total transfer value on Tron surpassed $17,2 trillion.

TRX on Solana will combine the best features of the two chains resulting in higher numbers of TPS and lower taxes, boosting both ecosystems.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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