Tron founder Justin Sun has set the crypto community abuzz with a very ambitious forecast that JUST (JST) token will grow a hundred-fold. Related Reading: XRP Nearing Explosive Breakout—$10 Target In Sight, Expert Says Justin Sun Asserts ‘Complete Fundamental Reversal’ For JST Based on Sun’s latest post on X, the JUST decentralized finance platform based on TRON has made dramatic changes. “JST has experienced a total fundamental flip,” Sun wrote. “I think it will be the next 100x token,” he said. His statement sparked an instant 30% price rise as investors flocked to purchase the token. The crypto entrepreneur pointed to JustLend’s growth from launch as a central reason for his positive perspective. JustLend has become a leading lending platform in DeFi and was involved in the creation of the USDD stablecoin. Sun compared JST to veteran DeFi tokens AAVE and MKR, positing that JST might replicate similar growth trends. He anticipates the platform to make huge profits in future years. “I’m sure that JST’s chart will be no less stunning than TRX’s – if you catch my drift,” he added. JST (JUST) has undergone a complete fundamental reversal. I believe it will become the next 100x token. First of all, JustLend, which was incubated by JST, has already grown into one of the largest lending platforms, generating tens of millions of dollars in net profit.… — H.E. Justin Sun ???? (@justinsuntron) April 27, 2025 Token Price Surges Following Announcement The market responded quickly to Sun’s comments. JUST price jumped within 24 hours of his prediction, reaching $0.04310 per token. This price movement coincides with broader positive trends in cryptocurrency markets, with Bitcoin and other alternative coins showing strength in recent trading. Sun has been active with other price predictions as well. He recently set a $5,000 target for Ethereum and forecasted that Tron (TRX) would reach new all-time highs. JST market cap currently at $391 million. Chart: TradingView.com Revenue Plans Look To 2026 For Substantial Growth Although Justin Sun did not give a precise time when the 100X increase is likely to occur, his remarks indicated 2026 as a primary period. Based on his remarks, more than $100 million is anticipated to be earned in profit by 2026 through the DeFi ecosystem. One key component of Sun’s strategy is to use this future revenue to buy and burn JST tokens. This deflationary mechanism would decrease the token supply, maybe causing prices to rise if demand stays constant or rises. Related Reading: XRP Headed For $1,000 – CryptoGuard Exec Drops Bold Prediction Trump Connection Mentioned Amid Bold Predictions Reports suggest Sun can attend a dinner party hosted by US President Donald Trump for large holders of TRUMP tokens. According to information at hand, Sun has amassed over 14 million TRUMP tokens, which qualifies him as a large holder. If Sun’s bold forecast comes true, JST would be trading at about $4 per token, a huge jump from current prices. Such huge price jumps are not common in cryptocurrency markets even though they are often forecasted. The 100X projection is one of the more aggressive predictions in recent cryptocurrency headlines, even for an industry with volatility and hype propensity. Traders are at least reacting positively in the near term, though long-term execution will hinge on whether JustLend and the greater JUST ecosystem can provide the growth Sun projects. Featured image from IQ.wiki, chart from TradingView
TRON founder and prominent crypto industry figure Justin Sun has taken to the social media platform X to make optimistic claims about the future of JST (JUST), the governance token of the Just ecosystem. In a recent post, Sun declared that JST has undergone a “complete fundamental reversal,” and suggested it could become the “next […]
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Justin Sun, the founder of the Tron blockchain, predicts that Ethereum’s price will surge to $5,000 in the next few months. His prediction is made as Ethereum gears up to celebrate its 10th anniversary in July 2025. Related Reading: Ethereum ‘Heating Up’ – Address Activity Jumps Nearly 10% In 2 Days Price Prediction Sets Community Afloat The daring forecast has made waves in cryptocurrency communities, particularly because Ethereum is currently priced under $2,000. Based on figures by Coingecko, the second-largest cryptocurrency is valued at around $1,789. Sun posted his opinion on X (formerly Twitter), observing a personal connection to the launch date of Ethereum. His birthday is July 30, the same day Ethereum launched in 2015. The founder of Tron leveraged this moment to collaborate with the Ethereum Foundation in advertising the upcoming birthday celebrations. His $5,000 price target is almost a 200% hike from levels now. Ethereum shares the same birthday as me—this date is truly meaningful. I suggest a 10x increase—let’s commemorate it together at $5,000! https://t.co/o8Ci30xbhH — H.E. Justin Sun ???? (@justinsuntron) April 24, 2025 Foundation Plans Global Birthday Events According to reports by the Ethereum Foundation, the 10-year anniversary will have global birthday parties of all sizes. Organizations and individuals can plan local events to participate in the celebration. To assist in making these events occur, the Foundation’s Ecosystem Support Program will reimburse up to $500 in costs per event. Applicants must apply by June 15, 2025. The Foundation hopes to establish a “global holiday” environment around the anniversary, with community involvement from various countries and regions. Sun’s Four-Step Plan For Ethereum Growth Sun didn’t leave it there at projections – he mapped out a concrete plan he is convinced would get Ethereum to the $5,000 level in no time: 1. The Ethereum Foundation should refrain from selling ETH for a minimum of three years to curb supply and promote holding. 2. Instead of token sales, the Foundation might employ lending and staking platforms such as AAVE to finance operations. 3. The Foundation must rationalize its team, retaining only the best developers and compensating them at better rates to enhance output quality. 4. Development should be aimed at enhancing the core Layer 1 network instead of diluting resources over so many side projects. Image: Cryptonary Ethereum Faces Challenges Despite Success Even though it hosts thousands of decentralized applications and popularized smart contracts globally, Ethereum is still struggling with various issues. It is commonly complained about by users, including exorbitant gas charges, sluggish transaction speeds, and poor scalability. Related Reading: XRP Price Prognosis: Analyst Sees $14 In Spite Of Current Troubles Meanwhile, an upgrade dubbed “Pectra” is set to happen in May 2025 that may solve some of these problems. The upgrade is said to reduce transaction fees and enhance contract enforcement throughout the network. Sun’s support for Ethereum stands out because he leads Tron, often viewed as a competing blockchain. Despite this apparent rivalry, he maintains ETH holdings and regularly praises Ethereum’s progress. The market’s response to Sun’s optimistic outlook remains to be seen, as Ethereum would need significant momentum to reach the predicted $5,000 level from its current price point. Featured image from Ethereum Foundation Blog, chart from TradingView
The address holds nearly 1.2 million TRUMP worth around $14.5 million, the largest registered for the gala.
TRX Rallies 10% as Tether Mints $1B on Tron Amid Global Trade Tensions
First Digital seeks an injunction to restrain Sun from publishing "similar words" to claims about insolvency.
The SEC intends to host a round table with Coinbase and other crypto legal rivals, and Ripple plans to acquire Hidden Road for $1.25 billion.
Sun claimed that First Digital Trust misappropriated $465 million worth of TrueUSD stablecoin reserves, which is being denied by FDT.
TRON founder Justin Sun has announced a $50 million bounty program to expose the alleged $500 million embezzlement by First Digital Trust (FDT), the issuer of the FDUSD stablecoin. In an April 4 statement on social media, Sun revealed that the bounty represents roughly 10% of the stolen funds. The development comes less than 24 […]
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Hong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer of the FDUSD stablecoin, are confirmed. In an April 3 post on X, Ng assured investors that the city’s crypto regulatory framework remains robust and committed to investor protection despite the recent high-profile […]
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Sun said at a press conference that the current laws contain systemic loopholes.
The stablecoin deviated from its price peg as Tron founder Justin Sun claimed that First Digital Trust is "effectively insolvent," a characterization the company pushed back on.
Techteryx says it was the victim of what it called "large-scale fraud" rendering TUSD's stablecoin reserves stuck in illiquid investments made without its permission
Techteryx is suing First Digital for allegedly redirecting nearly half a billion dollars worth of TUSD reserves into illiquid investments.
TRON founder Justin Sun has revealed that the network might reduce the TRX block rewards due to TRX’s rising price, sparking a discussion in the cryptocurrency community. Sun noted that this move is similar to Bitcoin’s halving mechanism, capturing the attention of investors who are wondering about the plan’s possible impact on traders. Related Reading: XRP Set For Big Rally – Analyst Says ‘Double Digits’ This Year Tron: Reducing Block Rewards Sun shared, in a post on X, his thoughts on potentially implementing a reduction in the network’s reward scheme for its TRX. He said that it is worth paying attention to the discussion about TRX’s upcoming reduction in block rewards. “Here are my personal thoughts. As we all know, TRX is already in a deflationary state of 1% per year, making it the only deflationary asset among major cryptocurrencies,” he explained. The TRON founder said that due to TRX’s rising price, “the rewards for block-producing nodes across the network have increased significantly, so a moderate reduction could be considered.” This discussion about TRX’s upcoming reduction in block rewards is worth paying attention to! Will TRX follow Bitcoin’s path and enter a halving cycle? Here are my personal thoughts. As we all know, TRX is already in a deflationary state of 1% per year, making it the only… — H.E. Justin Sun ???? (@justinsuntron) March 21, 2025 Following Bitcoin’s Path In the post, Sun said that TRX might follow what happened to Bitcoin, saying, “Will TRX follow Bitcoin’s path and enter a halving cycle?” He explained that the firstborn cryptocurrency followed a similar path, saying that once the BTC network grew, investors saw a gradual decrease in its block rewards. “In the early days, higher rewards were necessary for bootstrapping the network. However, as Bitcoin’s price surged, block rewards were lowered, and the halving cycle played a crucial role in Bitcoin’s long-term sustainability—aligning with Satoshi Nakamoto‘s original vision,” the founder added. Impact Of The Reduction Sun also shared the possible impact of reducing TRX block rewards, giving two scenarios. “If daily block rewards are reduced by 1 million TRX, the deflation rate would increase by 50%, reaching 1.5% per year,” he said. On the other hand, he believes that if TRX is reduced by 2 million, the deflation rate would increase to 2% per year, “effectively doubling the deflation rate, with an impact on TRX cycles comparable to Bitcoin’s halving.” “Even with a block reward reduction, the current incentives for network validators remain highly attractive. Ultimately, this decision rests with the TRX community,” he added. The founder revealed that the network has formally submitted on GitHub the proposed block rewards reduction. Related Reading: Ethereum Whales Pounce On The Dip, Snag $236 Million In ETH “The adjustment aims to create a more balanced supply-demand dynamic encouraging increased user participation in staking. This will benefit all stakeholders, ensure the TRX block rewards consistent with the maturity of the TRON network, and promote the healthy and sustainable development of the TRON ecosystem,” the network stated in the proposal. Among the benefits that can be gained from its implementation are better deflation, increased staking incentives, strengthened network security, and improved economic alignment. “Timely adjustments to TRX block rewards can better promote the healthy and sustainable development of the TRON network and TRON ecosystem,” the network added. Featured image from Gemini Imagen, chart from TradingView
TRON founder Justin Sun has teased a possible integration of TRX within the Solana ecosystem. Sun stated in a March 18 post on X that TRX would soon be available on Solana while encouraging users to prepare for collaboration. The announcement sparked significant optimism within the crypto community, with prominent Solana ecosystem member Mert Mumtaz, […]
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Arkham users can more easily track the wallet transactions of Justin Sun, Vitalik Buterin, Arthur Hayes, Donald Trump and other high-profile figures in the crypto industry.
According to Bloomberg, lawyers representing Justin Sun and the US Securities and Exchange Commission (SEC) are requesting a stay in the ongoing regulatory proceedings against him. Justin Sun And SEC Seek Case Pause This joint filing, submitted on Wednesday, indicates that both parties believe it is in their mutual interest to pause the case while they explore a potential resolution. They assert that such a stay would not prejudice any involved parties or non-parties, marking a collaborative approach to navigating the complexities of crypto regulation. This follows a similar request for a pause in the case against Binance and reflects a notable shift in the regulatory climate for digital assets in the United States since the inauguration of President Donald Trump. Related Reading: Panic Sell? Bitcoin’s $86K Fall Wipes Out $1 Billion In Trades Under the acting chair Mark Uyeda, the SEC has recently closed investigations into several crypto entities, including Robinhood, the decentralized finance firm Uniswap, and the non-fungible token (NFT) marketplace OpenSea. Most significantly, Coinbase announced that the SEC agreed to drop its lawsuit against the largest digital asset exchange in the US, pending commissioner approval. SEC Favoring Trump’s Business Associates? These actions mark a significant pivot from the previous administration’s approach, which has been criticized by various crypto executives, many of whom celebrated the former SEC Chair Gary Gensler’s resignation in January. Specifically, the SEC sued Justin Sun in 2023, alleging that he collaborated with entities he controls, such as the Tron Foundation and BitTorrent Foundation, to orchestrate the offer and sale of “unregistered securities.” However, the recent decision to seek a stay in these proceedings suggests a reevaluation of the agency’s priorities, particularly concerning figures like Justin Sun. Related Reading: Strategy (MSTR) Crashes 55%—Is A $44 Billion Bitcoin Liquidation Possible? Corey Frayer, director of investor protection at the Consumer Federation of America and a former adviser to Gensler, noted that the absence of fraud charges in the Justin Sun case signifies a “troubling politicization” of the SEC. The director remarked that the agency’s current approach appears to be “benefitting Trump’s business associates,” suggesting a shift in regulatory focus that aligns with the interests of the former president. This comes amid significant investments in Trump’s World Liberty Financial (WLFI), with Justin Sun purchasing over $70 million in WLFI token’s to support this upcoming decentralized finance (DeFi) venture. Featured image from the WSJ, chart from TradingView.com
SEC, Justin Sun, Tron Ask Court to Pause Fraud Case Over 'Potential Resolution'
Folkman claims WLFI's success came despite "no VC backing and no special treatment to anybody who purchased the token."
As the Ethereum price lingers below its all-time highs (ATHs), TRON founder Justin Sun has emerged with a bold vision aimed at revitalizing the altcoin’s value. Sun’s Vision For The Ethereum Price In a recent social post on X (formerly Twitter), Sun proposed a plan that he believes could propel the Ethereum price to unprecedented heights, targeting a price of $10,000. Sun’s strategy hinges on a radical overhaul of the Ethereum Foundation (EF) and the Ethereum protocol itself. Related Reading: US Bitcoin Reserve: Eric Trump’s Deleted Tweet Raises Eyebrows The TRON founder asserts that under his leadership, immediate and decisive actions could almost double the current price peak for ETH. One of his primary proposals is to halt the sale of ETH for a minimum of three years. By doing so, Sun aims to stabilize the currency’s supply and bolster market confidence. To cover operational costs during this period, Sun suggests leveraging Aave (AAVE) lending, staking yields, and stablecoin borrowing, thereby ensuring that the ETH supply remains intact while aligning with deflationary goals. In addition to halting sales, Sun proposes imposing significant taxes on Layer 2 (L2) projects. He believes this move could generate at least $5 billion annually for Ethereum, either in stablecoins or tokens. The revenue from these taxes would be utilized to repurchase and burn ETH in a decentralized manner, further enhancing scarcity and potentially driving up demand. Major Staff Cuts To Transform Ethereum Foundation Into Meritocracy In his social media post, Sun also emphasized the need to streamline operations within the Ethereum Foundation. He suggests a significant reduction in staff, retaining only the most capable team members. Those who remain would receive substantial salary increases, transitioning the Ethereum Foundation into a merit-based organization that rewards high performance. Furthermore, the TRON founder calls for adjustments in node rewards and a stronger focus on fee-burning mechanisms. By reducing node rewards, Sun believes Ethereum can solidify its deflationary status, reinforcing its position as a store of value. Related Reading: Cardano Will Reach $1.50 Once The $1.10 Resistance Breaks – Details The focus, according to Sun, would shift exclusively toward Layer 1 (L1) development, prioritizing scalability, security, and broader adoption. Sun is confident that these initiatives could lead the Ethereum price to surpass $4,500 within the first week of implementation, laying the groundwork for long-term success. While this only represents Sun’s vision for the Ethereum price, any of these proposals, if viable for driving another leg up of the altcoin, could ultimately be adopted by the co-founders or the developers of the platform. As of this writing, the Ethereum price hovers around the $3,200 mark, reflecting a loss of 4% over the past 24 hours. This decline has widened the gap between the current price and its ATH of $4,878, representing a difference of 34.5%. Featured image from DALL-E, chart from TradingView.com
The project now holds $352 million worth of crypto tokens, Arkham shows.
Tron founder Justin Sun has outlined ambitious plans to revolutionize stablecoin transactions by eliminating fees. According to a Jan. 23 statement on X, Tron’s development team is creating a framework that would enable zero-cost transactions for stablecoins, aiming to boost the adoption of these assets. Sun previously announced similar plans in 2024 when he proposed […]
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Justin Sun, the founder of the Tron network, has unveiled an ambitious strategy to transform Ethereum’s ecosystem and push its price to $10,000. In a Jan. 22 post on X, Sun detailed how changes in supply management, operational strategy, and fiscal policies could reshape the trajectory of the second-largest digital asset by market capitalization. Sun’s […]
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Coinbase has filed a motion to dismiss a lawsuit from BiT Global that challenges the firm’s decision to delist Wrapped Bitcoin (wBTC), according to a Jan. 21 court filing. This follows the denial of BiT Global’s earlier legal attempt to block the delisting through a court order. Last year, Coinbase removed wBTC from its platform […]
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World Liberty Financial (WLFI), a DeFi platform associated with Donald Trump, is seeing a sudden surge in demand for its token pre-sale. The project initially sought to raise $300 million during its token sale but scaled back its target to $30 million after facing fundraising challenges. However, on Jan. 20, WLFI confirmed that it successfully […]
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The T3 Financial Crime Unit (T3 FCU), a collaborative effort between stablecoin giant Tether, the TRON blockchain, and blockchain intelligence company TRM Labs, has achieved a notable milestone by freezing over $100 million in criminal assets across the globe. A Game-Changer In Blockchain Security? Launched in August 2024, the T3 FCU has quickly established itself […]
In a notable development for Donald Trump’s crypto initiative, World Liberty Financial (WL), has reportedly exchanged approximately $10 million worth of wrapped Bitcoin (WBTC) for tokens associated with project adviser Justin Sun, founder of the TRON blockchain. World Liberty Financial Links With Justin Sun In Major Token Swap According to blockchain data analytics firm Nansen, a digital wallet linked to President-elect’s World Liberty Financial swapped its entire holding of 103 cbBTC tokens for WBTC on a Wednesday operation. Wrapped Bitcoin serves as a bridge for Bitcoin (BTC) holders to engage in decentralized finance (DeFi) activities on the Ethereum (ETH) blockchain, enabling broader participation in the DeFi ecosystem. Related Reading: Crypto Expert Predicts Major Altcoin Season As Market Cap Eyes Record Levels Although World Liberty has been marketed as a decentralized finance lending platform, it has yet to become operational as it is still in early stages of development and presales of its WLF token. Sun, a cryptocurrency entrepreneur known for his high-profile investments and attention-grabbing antics—including purchasing a banana duct-taped to a wall for $6.2 million—invested $30 million in World Liberty Financial in November, becoming an adviser to the project. His involvement appears to have pushed World Liberty past a financial threshold that could allow Trump to profit from the enterprise, potentially securing at least $15 million for the Trump family based on terms outlined in World Liberty’s “gold paper.” Trump’s Crypto Initiative Struggles The recent token swap follows World Liberty’s earlier cryptocurrency acquisitions, including significant investments in Aave (AAVE) and Chainlink (LINK). Additionally, Nansen’s data indicates that the project’s wallets received around $250,000 in ONDO, a token from Ondo Finance, which specializes in tokenization. The backdrop of these transactions is marked by controversy, particularly following a backlash triggered by a strategic partnership between Sun’s BiT Global and crypto custody firm BitGo, the operator of Wrapped Bitcoin. This partnership prompted US-based crypto exchange Coinbase to seek a delisting of WBTC from its exchange due to concerns over Sun’s potential influence and control. Related Reading: Bitcoin May Surge To $200,000 By Mid-2025 Amid ‘Mild’ Price Pullbacks: Report Earlier this month, BiT Global filed a lawsuit against Coinbase in response to the delisting, but a federal judge in California ruled in favor of Coinbase, denying BiT Global’s request for a temporary restraining order. Despite the promotional efforts by Trump and his sons, World Liberty Financial has faced challenges in the market, with sales reportedly falling 93% short of projections. This lack of traction raises questions about the project’s viability and its ability to fulfill its ambitious promises of transforming the financial landscape. At the time of writing, the total crypto market capitalization has fallen to the $3.3 trillion mark, after hitting an all-time high of $3.73 trillion on Tuesday, which also pushed the price of Bitcoin to a new record above $108,000. Featured image from RFI, chart from TradingView.com
The swap took place Wednesday, the same day BiT Global lost a court case seeking to prevent Coinbase delisting WBTC.
Coinbase will likely be able to move forward with its intention to suspend wBTC trading on Dec. 19 following a challenge in federal court.