- Justin Sun announced his plans on twitter by tagging Raj Gokal and Anatoly Yakovenko.
- Solana (SOL) has seen a notable 17% gain in the last day, getting closer to the $100 level.
Justin Sun, founder of Tron, provided an update that might increase liquidity on the Solana blockchain, which could be relevant given the 61% price surge in Solana (SOL) since December 1, 2023. Because of the recent spike in SOL Price, Solana’s market value briefly surpassed Binance Coin’s (BNB).
Sun revealed intentions to integrate the Tron wallet to the Solana blockchain on Friday, December 22, 2023. The Tronlink website boasts that the wallet supports over 100,000 tokens and has over 10,000,000 users worldwide.
Banking on Current Momentum
Justin Sun announced his plans on the X platform by tagging Raj Gokal and Anatoly Yakovenko, co-founders of Solana Labs and Solana, in his post.
Sun stated:
“Tron Wallet is exploring the integration of the Solana blockchain. What are your thoughts on this potential collaboration?”
Coincident with Sun’s announcement, Solana (SOL) seems to have garnered substantial backing from institutional investors. Meanwhile, the possibility of the U.S SEC authorizing the first ever spot Bitcoin ETF is causing the cryptocurrency market as a whole to brace itself for a possible bull run.
In a seemingly endless upswing, Solana (SOL) has seen a notable gain in the last day, getting closer to the $100 level. The market cap of the cryptocurrency has surpassed that of Binance Coin (BNB) and climbed to an astounding $42.3 billion.
This positive momentum is in line with the overall trend, as the price of Solana has jumped an astounding 876% since the start of the year, and it has increased fivefold in the last two months alone.
Highlighted Crypto News Today:
Elon Musk’s X Platform Set to Integrate In-App Payments Mid-2024
