On December 12, at the mrblock Summit blockchain conference held in Taiwan, China, Justin Sun, the founder of TRON and a member of the Global Advisory Committee of Huobi HTX, delivered a video speech, delving into the future of cryptocurrencies and their impact on the global economy. Justin Sun compared the current market situation with that of 2017 and emphasized the importance of the current cryptocurrency market recovery.
The mrblock Summit blockchain conference attracted many industry insiders, and Justin Sun's speech garnered widespread attention, bringing new insights and inspiration to the attendees. As the cryptocurrency market continues to evolve, we look forward to seeing more innovation and collaboration to drive the development of this field.
Reviewing History and Market Changes
Justin Sun pointed out that the current cryptocurrency market has a similar frenzy to that of 2017. At this time, with Trump's re-election as the US president, cryptocurrencies such as BTC, XRP, Doge, and TRX have reached new historical highs, causing the market to go wild again. However, compared to eight years ago, today's market participants are more mature and will not let anyone take away what belongs to them.
He emphasized that the current price surge has profound significance, not only in terms of price fluctuations but also in the market's re-recognition and affirmation of valuable assets. The decentralized, transparent, and secure concepts represented by quality cryptocurrencies are being increasingly accepted and recognized by more and more people.
Market Maturity and Technological Innovation
Looking back on the past eight years, the cryptocurrency market has experienced a turbulent journey from boom to calm and then to revival. Justin Sun mentioned that the 2017 boom not only revealed the market's potential but also exposed high risks - with violent market fluctuations and a strong speculative atmosphere. After experiencing the frenzy and calm, the cryptocurrency market is gradually maturing, focusing more on technological innovation and practical application value.
"Investors and practitioners are starting to examine the market with a more cautious and rational attitude. They are no longer just focusing on short-term price fluctuations, but are turning their attention to the underlying logic of blockchain technology, the optimization of consensus mechanisms, the widespread application of smart contracts, and the rise of decentralized finance (DeFi)," said Justin Sun.
TRON's Development and Global Strategy
Against this backdrop, TRON has been continuously deepening its technology and expanding its applications, striving to become a leader in the blockchain field. Justin Sun introduced TRON's achievements over the past eight years, including the comprehensive decentralized platform Sun.io, the fair launch MEME platform SunPump, and the JustLend lending platform. These applications not only enrich the TRON ecosystem but also promote the popularization and development of blockchain technology.
Furthermore, he emphasized that TRON is not limited to a specific region but is actively expanding its global business, collaborating with partners in different countries and regions to promote TRON's technology and concepts, and providing convenient, secure, and efficient financial services to global users.
At the end of the speech, Justin Sun quoted Trump's words, "Fight, fight, fight! Never let them take what's yours." He stated that these eight years have made everyone in the cryptocurrency industry more mature. Although they have faced many challenges, one thing has never changed - TRON will always be loyal to cryptocurrencies.
