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- Justin Sun has recently highlighted why Tron is better than Solana.
- The protocol’s role in stablecoin and payments has given it a major hedge.
In a recent interview, Tron Founder Justin Sun claims the blockchain is preferable to Solana (SOL), citing its $60 billion liquidity as an advantage. His remarks highlight Tron’s vision to dominate the memecoin market, outpacing other blockchains in key areas like security, transaction speed, and liquidity.
Tron’s Competitive Advantage Over Solana and Ethereum
In an interview with Altcoin Daily’s Austin Arnold, Sun compared Tron to Solana and Ethereum. He claims Tron offers a considerable advantage due to its scalability and efficient infrastructure, especially when compared to Solana, which Sun views as Tron’s main rival.
The Tron founder describes Tron as a layer-1 blockchain platform where people can create stablecoins, smart contracts, memecoins, and Decentralized Applications (dApp). He further likened Tron to Android, which offers users a flexible and open-source, and compared Ethereum to Apple’s more closed ecosystem.
He acknowledged that Ethereum’s smart contract was initially used to secure the Tron network. However, he said some amendments were made based on the Ethereum smart contract to make Tron faster and cheaper for users.
Sun said the Tron network has a strategy different from Ethereum’s, focusing on memecoin, stablecoin, and decentralized finance (DeFi) trading. According to him, this strategy is responsible for the increased adoption of the Tron blockchain. He said many individuals who do not even know Tron are now using stablecoins on the blockchain to receive and make payments.
Sun noted that many users are switching from Solana to Tron. Among the reason is its rising liquidity, making it the current fashionable memecoin platform. He said Tron has the largest stablecoin blockchain supply of around $60 billion, much higher than Solana’s $1 billion liquidity.
He added that Tron is Maximal Extractable Value (MEV) resistant, making the blockchain suitable for inexperienced crypto users. Justin Sun also pointed out Tron’s expanding collaboration with Centralized Exchanges (CEXs) and liquidity providers. These partners help its older memecoin projects get good matchmakers for their tokens.
Sun responded positively when asked if Tron may now be regarded as a “Solana killer” rather than an “Ethereum killer.” However, he said the network does not care about such a description. He emphasized Tron’s vision to build on each market in the crypto space.
He claims Tron has done a better job than Ethereum in terms of stablecoin payments. Sun highlighted how Tron offers faster, cheaper, and more certainty for stablecoin payments.
Justin Sun On The 1 Billion Addresses Milestone on Tron
Sun had earlier forecasted that the Tron blockchain would be the first to reach one billion addresses. The crypto innovator highlighted Tron’s dominance in payment and stablecoin settlement as the key factors to reaching this goal.
Sun says this dominance has made Tron the preferred platform for worldwide payments. He said this applies particularly in nations with unstable currencies like Argentina and Nigeria.
Meanwhile, The Tron Founder earlier forecasted that the network will generate over $4 billion in revenue next year, as mentioned in our post. He thinks Tron’s decentralized network, overseen by several validators, including Binance and Google Cloud, provides a good foundation for future acceptance.
