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Cryptocurrency News Articles

Justin Sun, the founder of the TRON Blockchain, recently took to the X to share his noteworthy observation.

Apr 27, 2025 at 03:00 pm

input: Justin Sun, the founder of the TRON Blockchain, recently took to the X to share his noteworthy observation. He revealed an unexpected correlation between TRON's native currency, TRX, and Bitcoin, the first decentralized and leading digital asset.

Justin Sun, the founder of the TRON Blockchain, recently took to the X to share his noteworthy observation.

Justin Sun, the renowned crypto personality and founder of TRON, took to X to share a noteworthy observation. Pointing out that TRX, the native currency of the Tron chain, has taken half the time that Bitcoin took a decade to accomplish.

On-chain data from InterTheBlock shows that the correlation between BTC and TRX over the past 30 days is as high as 0.37. This is a remarkable achievement, especially at a time when the BTC correlation with other cryptocurrencies is weakening. For instance, Ethereum (ETH) and Dogecoin (DOGE), the two largest OG coins, show a negative correlation with Bitcoin, at -0.5 and -0.28.

This lack of correlation usually indicates that the coins are acting independently. However, the surprising factor is that TRX has managed to keep pace with Bitcoin’s movements, an unusual level of synchronization in the crypto market.

” TRX 比 BTC 早用了一半的时间,就到达了比特币十年才能到达的高度。

据 IntoTheBlock 的链上数据,BTC 和 TRX 在过去 30 天的相关性已达 0.37。

要知道在币圈,大多数项目跟比特币的联动都在逐渐走弱。

$ETH 、DOGE 这些 OG 的币种,TRX 的相关性分别是 -0.5、-0.28、基本是各走各路。

But TRX 却能和 BTC…”

According to the TRON founder, many investors and traders view Bitcoin (BTC) as a symbol of belief in the digital finance landscape. But now, TRX is creating its own space and projecting itself as a “belief asset” for the new generation. Because it offers stability, innovation, and growth to the new investors.

“Since 2023, BTC has become a symbol of belief in the investment world. But for the new generation, they need new belief assets. TRX offers stability, innovation, and growth, making it a ‘belief asset'”

Further, Justin mentioned that from BitTorrent to Stablecoins like USDT, the Tron chain is building its own financial empire in the crypto market. He also mentioned that TRX might be an undervalued asset at the moment, but its growth progress eventually rivals Bitcoin.

“At present, TRX is an undervalued asset. But looking at its growth progress, it might not lose to Bitcoin at all.”

Tron’s TRX Is Growing In Correlation With Bitcoin But Doesn’t Mean Bitcoin Has No Growth Potential

The current trading war and market uncertainty are driving Bitcoin to hit a new high. Let’s briefly analyze how Bitcoin has performed over the last 24 hours.

On April 25, 2025, Bitcoin began with a rise. Substantially, at 01:10 UTC, a pin bar, followed by a full-body red candle, signaled a possible downtrend. As expected, Bitcoin experienced a sharp fall. A Death Cross on MACD at 01:20 UTC affirmed this downtrend.

Afterward, Bitcoin found support at $92,971 at 03:00 UTC, and experienced an uptrend. A Golden Cross on MACD at 03:30 UTC asserted this uptrend. But at 15:00 UTC, Bitcoin price movement experienced a downtrend. A Death Cross on MACD at 15:25 UTC affirmed this downtrend.

Substantially, at 17:55 UTC, Bitcoin found support at $94,506, entered the phase of trading range, and closed at $94,758. Following the preceding day’s close, Bitcoin exhibited notable price action and kept fluctuating within the key levels. But at 08:40 UTC, Bitcoin broke the key support of $94,506, suggesting a bearish trend.

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Other articles published on Apr 28, 2025