Justin Sun Praises Tron Amid Crypto Landscape Post-Trump

Justin Sun, the founder of the Tron blockchain, recently took to X (formerly Twitter) to highlight that Tron is the only top cryptocurrency still in the green since Donald Trump took office. Sun has recently gained attention after purchasing and consuming a $6 million banana taped to a wall.

Sun quoted a post from CryptoDiffer on Tuesday showcasing Tron’s positive performance against other major cryptocurrencies like BTC, ETH, and SOL, tagging Trump as he courted his attention in light of Trump’s growing interest in crypto.

Performance of Top Ten Cryptocurrencies

A chart released compared the fair value of the top ten cryptocurrencies starting January 20, 2025, when Trump was inaugurated, to their prices as of March 10, 2025, calculating the percentage changes. The data indicated that most top tokens suffered considerable price decreases since Trump’s inauguration, with TRON showing a significant positive gain.

Dogecoin was highlighted as the biggest loser, down 30.4% from its peak, likely due to reduced investor confidence regarding Elon Musk’s influence. Solana also dropped roughly 27%, losing investor trust but maintaining a dedicated community.

Among the top ten tokens, Solana is noted to be included in Trump’s proposed strategic crypto stockpile, serving as a potential silver lining. Bitcoin, which peaked at $109,071 shortly after Trump’s inauguration, has since fallen below $100,000 due to profit-taking and ongoing tariffs affecting market sentiment.

Tron stands out among these cryptocurrencies with a +92.6% increase, the only token in the top 10 showing positive performance, despite TRX not being included in Trump’s crypto reserves. XRP, which was included, experienced minor stability with a 0.4% decline.

Market behavior over recent weeks reflects historical trends; the crypto market tends to cool after a presidential inauguration. Following Trump’s election victory, his wealthy friends, including Elon Musk and Jeff Bezos, faced significant losses, totaling $209 billion in net worth despite enjoying initial gains.

The S&P 500 is down 6.4%, with major losses for billionaires like Musk and Sergey Brin. Recent challenges and volatility instigated by Trump have disrupted expectations of sustained market returns.

Factors Behind Tron’s Success

Tron’s value has surged since Trump’s presidency began, currently sitting at $0.22 USD per token, still 47.6% below its all-time high. Several factors contribute to Tron’s resilience in a declining market, notably Justin Sun’s role, who invested $30 million in Trump’s World Liberty Financial project, boosting investor confidence in TRX.

Despite legal troubles with the SEC, the new administration has taken a less aggressive stance towards crypto, with a potential resolution forthcoming by April.