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- TRON founder Justin Sun announced the protocol’s road map to launching Ordinals and Bitcoin Layer 2 solutions.
- Sun’s plan is to decentralize and connect various token types within the TRON network, including stablecoins, with the Bitcoin network.
- TRON tokens including $USDT, $TRX, $BTT, $JST, $SUN, $NFT, WIN and $USDC, will be made to integrate into the Bitcoin network.
- $TRX price climbed nearly 2% on Thursday, alongside Sun’s announcement.
Justin Sun’s decentralized blockchain protocol TRON has unveiled plans for expansion into Bitcoin Layer 2 solutions. Sun states that his plan is to enable TRON’s tokens to interact with the Bitcoin network.
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TRON to expand into $BTC Layer 2 solutions
On February 15, Justin Sun announced TRON’s plan to expand into Ordinals and Bitcoin Layer 2 solutions. Sun plans to expand to Bitcoin network-based assets by bridging them to TRON. Sun informed his 3.5 million followers that TRON tokens, USD Tether ($USDT), Tron ($TRX), Bittorent ($BTT), Just ($JST), Sun ($SUN), $NFT, WINkLINK (WIN) and USD Coin ($USDC) will be integrated into the Bitcoin network, via cross-chain technology.
The move will enable TRON’s tokens to interact with the Bitcoin network. Sun states that the innovative approach will bring TRON’s $22 billion Total Value Locked (TVL) to Bitcoin. Sun revealed that stablecoins, other token types in the TRON ecosystem, Layer 2s and Bitcoin Ordinals will inject financial vitality into $BTC.
The TRON founder plans to build a user-friendly wallet and tools to support BRC-20 tokens.
#TRON Announces Its Bitcoin Layer 2 Solution and Road Map
— H.E. Justin Sun 孙宇晨 (@justinsuntron) February 15, 2024
Today is a significant day for #TRON.
Let's make #Bitcoin fun again!
As the protocol behind the world's largest stablecoin market, boasting $55 billion, and the decentralized finance Total Value Locked (TVL) of $22…
In the roadmap, Sun explains that TRON will collaborate with multiple Bitcoin Layer 2 protocols, announcing partnerships, staking initiatives and aim to launch a protocol with low fees and ensure the safety of the Proof-of-Work blockchain.
At the time of writing, $TRX price is up 1.38% on the day. The altcoin is exchanging hands at $0.13137 and yielded over 6% weekly gains for holders.