According to the latest news, Justin Sun, founder of TRON, was invited to attend Oak Grove Crypto 2024. The conference brought together elites in the Web3 field to discuss and look forward to the development trend of the industry in the next five years.
Justin Sun said that with Bitcoin breaking through new highs, the cryptocurrency industry has entered a new stage, and there is still much room for the development of public chains. TRON's upcoming Bitcoin Layer2 solution is a positive attempt. It attempts to cross-chain the value of Bitcoin to TRON and connect TRON stablecoins to the Bitcoin network to achieve a win-win situation.
Justin Sun emphasized that the interoperability of blockchain will become a highly promising development direction for the industry. BitTorrent Chain (BTTC), the first heterogeneous chain cross-chain interoperability expansion protocol of the TRON ecosystem, first supports TRON, Ethereum, and BSC public chain cross-chain. With the addition of more blockchains such as Bitcoin and Solana, a more promising cross-chain and Layer2 ecosystem will be created.
At present, the total number of TRON users has exceeded 222 million, the number of transactions has exceeded 7.39 billion, and the total locked value (TVL) has exceeded US$23.3 billion. It is an important global payment network and has become a decentralized autonomous organization (DAO) governed by the community.