Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

Justin Sun Cheers Tron’s $220M Treasury Milestone: “TO THE SUN!”

8h ago
bullish:

0

bearish:

0

Share
Justin Sun

The post Justin Sun Cheers Tron’s $220M Treasury Milestone: “TO THE SUN!” appeared first on Coinpedia Fintech News

Tron, one of the most active and widely used blockchain networks, is once again in the spotlight.  The network’s  TRX treasury has just surpassed $220 Million after a major investment that added 312.5 million tokens.

Justin Sun Reacts

This comes after major investment from Bravemorning Limited, which exercised all of its warrants by contributing $110 million to purchase restricted common shares. 

Founder Justin Sun was quick to react to this development with a bullish “TRON TO THE SUN.”

With this deal, Bravemorning’s total investment in Tron Inc. rises to $210 million, making it the controlling shareholder with 86.6% ownership. This shows Bravemorning’s long-term commitment to the company and its focus on creating value for shareholders.

CEO Rich Miller also emphasized that this shows strong confidence in Tron’s network and positions the company to benefit from growth in blockchain, digital payments, and Web3. 

Tron Network Sees Record Activity

Notably, Tron is one of the world’s largest blockchain networks. 

As of August 29, 2025, the network had 328 million user wallets and held nearly 50% of all USDT in circulation. It settled nearly $5.5 trillion in 2024 and over $3.6 trillion in just the first half of 2025—a 50% jump from last year.

Tron Slashes Fees, Gains U.S. Government Recognition

On August 29, Tron cut transaction fees by 60%, causing protocol revenue to drop nearly 40%, its lowest in over a year. However, Sun sees this as a short-term tradeoff that will drive long-term growth for the network, as more users and more transactions take place on the Tron network.

Adding to its growing list of achievements, Tron has been officially selected by the U.S. Department of Commerce as one of nine blockchains to record the U.S. Q2 2025 GDP data. 

With major investments, a stronger treasury, and recognition from the U.S. Department of Commerce, Tron is leading the way in blockchain adoption

8h ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.