You may not like the chef, but you have to admit that the dishes he makes are indeed fragrant.” — This sentence is perfectly suitable for Sun Yuchen and TRX.

TRX, this coin, is as stable as an old yellow cow; when it falls, it can take a beating, and when it rises, it climbs up slowly and leisurely, simply like the “gold experience card” in the crypto world. Why is it so solid? The fundamental reason is just one sentence: it is the official high-speed toll station for USDT.

Currently, 60% of USDT transfers in the market go through the TRON chain because it is fast and cheap, and exchanges are naturally happy to promote it, saving users the hassle. This is like a highway; as long as the traffic flow is constant, the hands collecting money will never stop.

Behind the steady rise of TRX, in fact, there are four layers of support:

Essential demand burning: every time you transfer USDT, you need to burn some TRX as a handling fee;

Ecological binding: DeFi, games, and mining on the chain all use it as “fuel”;

Staking and locking: a large amount of coins are locked for mining and earning interest, so the circulating supply in the market is actually not that large;

Sun's marketing: Sun Yuchen is well-versed in the art of hype, maintaining the heat without a leak.

【Personal Opinion】

Although Sun Yuchen holds 65% of the chips and controls the market to a frightening degree, it has instead become the “invisible fuse” of the coin price — he knows better than anyone that crashing the market is like crashing his own money tree. Unless the bull market completely extinguishes, TRX is very likely to continue its “slow bull mode.”

You can criticize Sun Yuchen, but this business model of TRON has indeed hit the vital point of transfers in the crypto world.

If you are also concerned about TRX, you might want to think about it:

“When the practicality of a coin is greater than its speculative nature, is it the real hidden answer to the bull market?

Let's discuss your views in the comments section, give a thumbs up, and we will analyze more stable crypto assets like an old dog in the next issue. #非农就业数据来袭