The memecoin sector on the Tron blockchain has recorded significant growth today, coinciding with increased network activity. This comes after Justin Sun announced the start of Tron meme season 2.
Tron's Memecoin Sector Growth
Today, the Tron memecoin sector showed significant growth of 16.7%, surpassing $94.5 million. The 24-hour trading volume also increased above $59 million. Leading gainers include SunWukong, with a price increase of over 231%, and FoFar, up more than 150%. Other coins like BULL, TBULL, and SUNCAT also saw substantial gains.
Tron Network Metrics Rise
The total 24-hour accounts and transactions on the Tron blockchain are also on the rise. Total accounts increased by 211%, surpassing 295.2 million, while transactions reached 9.8 billion. The total value locked on the Tron network grew by over 2.5%, surpassing $18.7 billion, and the total transfer volume reached $17.2 trillion, according to Tronscan data.
TRX Launch on Solana
On March 18, Tron’s founder announced that TRX would soon launch on Solana. This event aims to boost liquidity and user engagement for both projects. Furthermore, today TRX is trading up by over 2.4%, currently priced at $0.23 with a market cap exceeding $21.8 billion.
The remarkable increase in activity on the Tron blockchain is closely linked to recent announcements by Justin Sun and the prospects of TRX's integration with Solana, which could positively impact the cryptocurrency market in the near future.
