- July 15, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
Famous crypto enthusiast and founder of Tron DAO, Justin Sun has revealed the main focus for the Tron ecosystem for the third and fourth quarters of the year in the midst of recent heightened optimism witnessed around the ecosystem.
Main Focus For The Tron Ecosystem In The Second Half Of The Year
During the weekend Tron founder Justin Sun took to the X (formerly Twitter) platform to share the team’s main objectives for the Tron ecosystem in the Q3 and Q4 of this year. These objectives, which Sun disclosed, could encourage additional expansion and utilization of the Tron blockchain, thereby bolstering its stance as a top blockchain platform.
According to the founder, the second quarter of the year has been generally quite excellent for the entire Tron ecosystem. Throughout the period, Sun noted that both the public chain and business of the exchange have steadily improved in preparation for the ecosystem’s significant breakthrough in Q3 and Q4 of the year.
The post read:
For the entire Tron ecosystem, Q2 has been generally very good. Both the public chain business and the exchange business are steadily improving, building strength for our major breakthrough in Q3 and Q4.
He further pointed out several areas the team will be focusing on in order to make Q3 and Q4 a major period for the blockchain network and its business. These include maintaining its fundamental competitive advantages, improving its user experience, further widening its moat, and increasing its market share.
The team also aims to develop the project’s overall talent pool by concentrating on talent recruitment, which could onboard great individuals in the ecosystem thereby enhancing the project.
One major development that could bolster the project’s success in the Q3 and Q4 of the year is the introduction of gaslass transactions on the blockchain network. Sun has unveiled a method that will enable gasless stablecoin transfers, allowing the fees to be entirely paid by the stablecoins.
Although Sun did not provide any specific information regarding the date that the initiative will be launched in Q4 of this year, he is confident that the approach could take blockchain adoption in the industry to a whole new level.
The Network’s User Base Resilient Defies Market Uncertainty
Justin Sun’s robust confidence in Tron’s ecosystem growth coincides with the recent resilience witnessed around the network’s active user base despite market turbulence and sell pressure in the larger cryptocurrency market.
According to the leading on-chain and analytics provider platform Cryptoquant, the network’s user base has proven resilient, as seen by the growth in active users from the year’s beginning, constantly maintaining close to all-time high levels.
Ben Sizelove, an analyst at the firm noted that Tron’s unique applications such as payments, stablecoins, and real-world assets can be attributed to the network’s user base growth, as other networks have struggled to gain traction.
