- Justin Sun supports TRX halving, ensuring miner rewards while enhancing the token’s deflationary nature and network appeal.
- TRX price momentum and technical indicators show potential growth, supported by ecosystem updates and bullish market signals.
Tron (TRX) founder Justin Sun has voiced his support for a proposal to implement a Bitcoin-like halving event for the TRX token. This agenda, which aims to reduce TRX’s emission rate, has sparked debate within the community.
Sun’s comments, made via social media platform X, highlight how such a move will not disadvantage the network’s current validators. Instead, he argues that the proposed halving could enhance Tron’s appeal, particularly in the context of the token’s deflationary status and growing market momentum.
This discussion about TRX’s upcoming reduction in block rewards is worth paying attention to! Will TRX follow Bitcoin’s path and enter a halving cycle?
Here are my personal thoughts. As we all know, TRX is already in a deflationary state of 1% per year, making it the only…
— H.E. Justin Sun
(@justinsuntron) March 21, 2025
In his post, Justin Sun compared the situation with Bitcoin’s halving, which has historically helped reduce mining rewards to a more sustainable level. He explained that Bitcoin initially offered generous block rewards to attract miners, but the halving mechanism helped scale down rewards to ensure the network’s long-term viability. Sun suggested that implementing a similar halving event for TRX could have the same positive effects on the Tron network.
According to Sun, TRX is already a deflationary asset, with a 1% annual decrease in supply. This makes TRX one of the few top assets with a deflationary nature. Sun believes adjusting rewards through halving could ensure that the token continues to appreciate.
He proposed that a moderate reward reduction would not harm the network’s miners. Instead, by paying out 1 million TRX in validator rewards each day, the network could move closer to achieving a 1.5% deflation rate annually.
Moreover, Sun mentioned that raising the daily payout to 2 million TRX could drive deflation to 2% per year. He stated that regardless of the halving event, Tron would remain an attractive blockchain for miners, with opportunities for profitability still intact.
Growing Momentum for TRX and Ecosystem Updates
The price of TRX has been gaining traction, reflecting growing interest in the network and its ongoing development. At the time of writing, TRX was trading at $0.2353, showing a 1.23% increase over the past 24 hours.
This upward momentum is evident in the price chart, indicating a sustained growth pattern despite occasional pullbacks. As the price of TRX continues to rise, investor interest remains strong, and the possibility of further price increases adds excitement to the ecosystem.
As reported in our previous post, Justin Sun has expanded the reach of the Tron ecosystem in addition to supporting the halving proposal. Recently, he announced efforts to integrate Tron with Solana, which aims to enhance the interoperability between the two blockchain platforms. This connection could allow the seamless transfer of native tokens across both networks, expanding the reach of TRX’s utility.
TRX will be soon on solana. Ready to buy and collaborate
— H.E. Justin Sun
Additionally, Sun has taken on advisory roles with prominent industry figures and organizations. Notably, he was appointed an advisor to World Liberty Financial International (WLFi), a firm linked to U.S. President Donald Trump. These developments suggest that the Tron network is gaining recognition among influential figures in the broader financial ecosystem.
Technical Indicators Point to Potential Growth
The technical outlook for TRX also appears favorable, with key indicators pointing to a possible upward movement. The Relative Strength Index (RSI) currently stands at 52.93, indicating a neutral market. However, the RSI’s recent gain from 44.98 suggests growing bullish momentum. A continued rise above the 50 mark could signal the beginning of a positive trend for TRX.
The Moving Average Convergence Divergence (MACD) indicator also supports this outlook. The short-term blue line has crossed above the long-term orange line, which is a bullish signal.
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