The market is choosing TRON for obvious reasons like being fast, cheap, and scalable. It is battle tested with $9.3+ billion market cap in TRC-USDT through 1.6+ million addresses. Also there are 15k TRC-BTC, 20k TRC-ETH, WBTC, WETH on TRON, and WLTC TRC-AMPL and many, more incoming.
It has been recently seen that Tether transactions on Tron has outnumbered Ethereum for the third consecutive week as the lower fees continue attracting smaller transactions.
Many investors agree that TRON is fast and cheap, but many feel that there is no ROI for investors. A lot of learning is required to understand TRON. However, there are many who have to state that TRON has been very good with them.
Justin Sun recently tweeted: “Regarding recent Tether & USDT FUD, I should say up front that I believe Tether has 100% backing of every USDT. I am willing to pay 1 USD for 1 USDT for those don’t believe Tether. You can receive USD via TUSD and TUSD redeem is accepted by every bank in US.”
One of the investor opined, been watching Tron for weeks now and it doesn’t seem to jump how daddy bitcoin whistles. It’s a great sign of the robust, most busy blockchain out there maturing quietly. Until, it’s not quiet anymore. USDT runs on it like a dream.
However, some balanced investors expressed that if Sun would pay 1 USD for every TRX just right there then that most of the people will start believing in him.
Many feel that TRX/BTT is definitely a horse to bet on and that they are still waiting on side lines for the next inevitable crash to get back in but what a great project. Some investors reassure that there is nothing to panic about and that people should learn to relax.
Those who swapped their bitcoin for TRX are really worried that TRX is not moving as much. The thirst for ROI will never stop and investors are in the game for it. The process efficiency might not matter if the ROI does not show up.
While Coinbase Custody explores support for new digital assets, Justin Sun expressed that he was excited to hear that they are exploring support for TRX, JST, USDJ, BTT, WIN, and SUN. Sun further established that it is going to be a great move if TRON Ecosystem is taken to institutional partners.
Optimistic Tronics are expecting to gear up their seat belts for what is more to come in the ecosystem.
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