The recent significant adoption of Solana’s blockchain technology and its performance in the last couple of weeks have gathered everyone’s attention. Recently, billionaire and founder of TRON, BitTorrent, and HTX, Justin Sun, made a huge announcement on his X (formerly Twitter), gaining tremendous attention from the crypto community.
Solana’s blockchain integration by TRONlink wallet
According to Justin Sun’s recent post on X, he emphasizes that the Tronlink wallet is currently exploring the integration of Solana blockchain by tagging Toly, the co-founder of Solana Labs, as well as Rajgokal, the co-founder of Solana. In response to Sun’s post on X, the co-founder of Solana Labs commented that it would be amazing. The main objective of this Solana integration is to secure the TRON-linked wallet, given the observed uncertainties, including hacks and scams on the Tron-linked wallet.
Another reason for the Solana integration is its status as the fastest blockchain, capable of handling up to a significant 65,000 Transactions Per Second (TPS), which is 30 times more than Ethereum. It is also very cost-effective compared to other blockchain technologies.
Comparative performance: TRON vs. Solana
However, TRON’s performance is quite better, as in the last 30 days, it only experienced a 2.75% upside momentum. Currently, Tron is trading at $0.10, and in the last 24 hours, it has experienced only a 1.7% increase. In contrast, Solana is currently trading at 91.19%, and in the last 24 hours, it is also experiencing a significant over 6% upside momentum. On the other hand, SOL experienced a massive upside momentum of over 65% in the last 30 days.
Additionally, Sun’s cryptocurrency exchange HTX has already listed the recently popular Solana’s BONK meme token.
In a recent report by Todayq News on November 27, 2023, Tron has become more popular in Israel. A report suggests that some people are using Tron to fund groups like Hamas and Hezbollah, which are supported by Iran. The rise in Tron’s use could be because it’s faster, has lower fees, and is more stable than Bitcoin.
