ron’s founder, Justin Sun, has been quite vocal on his expectations for the blockchain and has forecasted high revenues as well as enhancements on its stablecoin.
Meme Strategy and Sales Forecast
Sun estimates Tron’s revenue may be in the range of $3-4 billion in the next year if the meme strategy works. The network has in the recent past hit a daily revenue of $5 Million dollars, which outperforms rivals such as Ethereum and Solana. The main reason for this surge was due to the launch of SunPump a meme coin deployer.
USDD Stablecoin Enhancements
Sun wants to enhance USDD, which is Tron’s stablecoin that is decentralized, to offer more. He said it works like MakerDAO’s DAI, with the current long-term collateralization ratio higher than 300%. The TRON DAO Reserve wants to enhance the capital utilization efficiency.
Recent Developments and Challenges
There was talk of the withdrawal of Bitcoin as collateral for USDD without the approval of the DAO. Sun did not directly address this but went a little round explaining how the collateral management process works and how USDD has such a high rate of collateralization.
Tron's Ambitious Future: Sun's $4B Vision
Lavish promises for Tron by Justin Sun coupled with plans to improve on USDD suggest that the blockchain is headed for a period of evolution. However, there are problems that still exist; but looking at its recent performance in the memecoin segment and in the segment of stablecoins, Tron has all the potential in the competitive crypto market.
