Ethereum

Future

TRON

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/ki-young-ju-highlights-trons-dominance-in-usdt-transactions/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ki Young Ju Highlights TRON’s Dominance in USDT Transactions</a><br></p>
<p style="text-align: justify">Ki Young Ju, CEO of CryptoQuant, pointed out TRON’s significant share in <a href="https://en.coin-turk.com/empowering-lives-through-financial-inclusion-with-innovative-solutions/" data-wpel-link="internal" rel="noopener noreferrer nofollow">USDT</a> stablecoin transactions. TRON (<a href="https://en.coin-turk.com/tron-gains-attention-with-meme-coin-success/" data-wpel-link="internal" rel="noopener noreferrer nofollow">TRX</a>) competes with Ethereum , processing 92% of USDT transactions and hosting over $60 billion in USDT assets.</p>
<h2 id="tron-s-market-share">TRON’s Market Share</h2>
<p style="text-align: justify">Ki Young Ju emphasized that TRON has established a strong product-market fit in USDT usage, underscoring its leadership in USDT transactions. Despite TRX’s market capitalization being only $17 billion, the amount of USDT it holds is more than three times that value.</p>
<p style="text-align: justify">Founded by Justin Sun in 2017, TRON’s mainnet launched in 2018. Ki Young Ju stated that Sun built “the largest global stablecoin trading remittance system.”</p>
<h2 id="bitcoin-assessment">Bitcoin Assessment</h2>
<p style="text-align: justify">Ki Young Ju noted that it is too early to claim Bitcoin is currently in a bubble. He explained that the gap between Bitcoin’s market value and realized market value has not shown a significant increase yet.</p>
<blockquote>
 <p>“TRX has achieved a strong product-market fit in stablecoin use cases.” – Ki Young Ju</p>
</blockquote>
<p style="text-align: justify">TRON’s leadership in USDT transactions has made it a crucial part of global trade by offering low-cost and fast stablecoin transfers. Regarding Bitcoin’s future price movements, the CEO of CryptoQuant suggested that Bitcoin could rise to $141,000 based on realized market value.</p>
<p style="text-align: justify">Currently, Bitcoin is trading at $98,223. When calculated based on the last recorded on-chain price of all existing BTC, Bitcoin’s market value has not yet significantly increased.</p>
<h2 id="the-future-of-tron-and-bitcoin">The Future of TRON and Bitcoin</h2>
<p style="text-align: justify">TRON’s success in USDT transactions provides significant insights into how <a href="https://en.coin-turk.com/the-growth-of-base-network-and-its-future-prospects/" data-wpel-link="internal" rel="noopener noreferrer nofollow">blockchain</a> technology can be used more effectively in financial dealings. Bitcoin, considering its realized market value, could potentially reach higher values.</p>
<p style="text-align: justify">TRON’s dominance over USDT illustrates the intense competition within the blockchain ecosystem. By offering users low-cost and rapid transaction options, TRON becomes a preferred platform.</p>
<p style="text-align: justify">Bitcoin’s price predictions may be promising for traders. As realized market value continues to rise, there are positive expectations regarding Bitcoin’s future value.</p>
<p>The post <a href="https://en.coin-turk.com/ki-young-ju-highlights-trons-dominance-in-usdt-transactions/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ki Young Ju Highlights TRON’s Dominance in USDT Transactions</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Ki Young Ju Highlights TRON’s Dominance in USDT Transactions

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