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Breaking Through Gravity and Boundaries: Justin Sun's Space Leap and TRON's "On-Chain Universe" Ambition
Written by: Bright, Foresight News
After the halo of TRON founder Justin Sun, advisor to the Trump family WLFI project, and 'disciple of Jack Ma', Sun Yuchen will become the youngest Chinese business astronaut.
On July 21, Blue Origin, founded by Amazon's Jeff Bezos, announced that the NS-34 mission will carry six astronauts, including Sun Yuchen. According to previous reports, Sun Yuchen bid $28 million for a seat on Blue Origin's New Shepard rocket in 2021, with the funds intended to support the Blue Origin Foundation and 19 space-themed charities to inspire the next generation of STEM leaders.
If we say that Wang Chun's previous trip to space on SpaceX's "Dragon" spacecraft was to make a name for early Chinese cryptocurrency practitioners and BTC holders, then Sun Yuchen's ascent through the Earth's atmosphere aboard Blue Origin's rocket will resonate for Chinese cryptocurrency entrepreneurs and Chinese international business entities.
Since 2025, Sun Yuchen has repeatedly appeared on the cover of Forbes and Asia Weekly, becoming an advisor to the Trump family's World Liberty Financial (WLFI) and spending 23 million dollars to be the "top brother" of the TRUMP dinner.
So, what role did TRON, led by Sun Yuchen, play in this grand crypto bull market of 2025?
On-chain Channels for Stablecoins
If you ask what the annual buzzword in the cryptocurrency industry will be in 2025, "stablecoin" is likely the answer. From the "GENUIS" bill to Circle's listing on Nasdaq, from the issuance of USD1 by WLFI to Hong Kong preparing to launch a regulatory framework for stablecoin issuers, global political and economic entities are flocking into the stablecoin market, which has a vast market potential of 2 trillion.
Tron (TRON) began its layout for stablecoins right from the inception of their birth. According to Defillama data, as of July 2025, the number of Tron (TRON) user accounts exceeded 320 million, with the Total Value Locked (TVL) soaring to 23 billion USD, and the network's average daily transaction volume surpassing 28 million transactions. The circulation of TRC20-USDT exceeded 80 billion USD, occupying an important share of the stablecoin market.
As an on-chain financial conduit, TRON is being widely adopted. Firstly, TRON has reached strategic cooperation with governments such as Dominica, where TRC20-USDT has been granted legal tender status. Moreover, TRON is the world's first public blockchain to obtain both EU MiCA certification and ISO 14064 carbon neutrality standards. So far, USDT circulating on the TRON network has been applied in over one hundred countries worldwide, covering diverse scenarios such as cross-border payments, international trade, payroll settlement, and digital asset transactions. In terms of real-world empowerment, users can use USDT circulating on the TRON blockchain to pay for e-commerce orders and travel expenses, making payments more convenient and smooth; in the cross-border payment scenario, TRON's USDT has reduced the remittance fees for Southeast Asian workers from 10% to 0.1%, shortening the transaction time from several days to minutes, thus solving the main problems of traditional wire transfers.
The cornerstone of TRON's global layout is its continuously updated underlying technology. Currently, TRON achieves a transaction processing capability of over 2000 transactions per second through the DPoS consensus mechanism, compressing the block confirmation time to 3 seconds and reducing the cost of a single transaction to 0.001 dollars.
Therefore, based on the global applicability and technological superiority of TRON, the USD1 issued by the Trump family's crypto project WLFI has early access to this "global digital bond." On June 11, Sun Yuchen announced on X that the stablecoin USD1 has officially completed its minting on the TRON chain. Subsequently, Eric Trump, the second son of U.S. President Donald Trump and Executive Vice President of the Trump Organization, also confirmed on X and thanked TRON for its support of USD1. He stated that TRON's technology and compliance capabilities have provided USD1 with the best vehicle for globalization. At the Dubai Token2049 summit in 25 years, Sun Yuchen said: "The integration of USD1 will bring new vitality to the TRON ecosystem, and our goal is to enable every user to easily use stablecoins through their mobile phones and participate in the global financial system."
Looking at the global future, TRON has recently strategically expanded into the Hong Kong market. In an interview with Asia Weekly, Sun Yuchen stated that Hong Kong has the potential to develop into an international financial settlement hub. Through the TRC20 protocol, USDT settlement supports e-commerce and tourism consumption scenarios. The integration of digital assets and the real economy is accelerating.
The Compliant Eastern Power
In 2025, compliance became the central theme of the cryptocurrency industry. Since President Trump took office at the White House, the policy shackles imposed on the cryptocurrency industry during the previous Democratic administration have gradually been lifted. From the repeal of the "Defi broker rules" and the withdrawal of a series of charges against cryptocurrency companies, to the establishment of the White House Crypto and AI Task Force, the SEC approving several cryptocurrency ETFs as a trial balloon, and the global public companies following MicroStrategy to establish cryptocurrency strategic reserves, to the tokenization of quality stocks on the U.S. stock market available for global users to trade, the global cryptocurrency industry's compliance has flourished.
Against this backdrop, TRON is entering the U.S. capital market as a "regular army." On April 19, American asset management giant Canary Capital officially submitted the S-1 registration statement for the TRX ETF to the U.S. Securities and Exchange Commission (SEC). This ETF will be custodied by BitGo for TRX assets, and the NAV will reference the price benchmark from CoinDesk Indices. Subscriptions and redemptions will be conducted in cash through authorized participants. The expected approval of the TRX ETF will further promote the internationalization of the TRON ecosystem, attracting more traditional financial institutions for deep cooperation with blockchain technology, and accelerating the achievement of its strategic goal of becoming a global payment infrastructure.
On July 24, Tron Inc. (NASDAQ: TRON) rang the opening bell at Nasdaq to celebrate the official name change of Tron Inc. The ceremony was hosted by the founder of TRON, Justin Sun, who is also the global advisor of Tron Inc., and was broadcast live from Times Square at the Nasdaq market.
Tron Inc., formerly known as the Nasdaq-listed SRM Entertainment, announced the launch of the TRX Strategic Reserve Strategy in June this year. According to the terms, SRM will issue 100,000 shares of Class B convertible preferred stock and 220 million warrants to private investors, with a total value of up to $210 million. Currently, Tron Inc. has announced that it has successfully staked its holdings of 365096845 TRX through the JustLend platform. By combining standard staking rewards and energy leasing, this operation can increase the annual yield of staked TRX to as high as 10%. This initiative follows the company’s earlier completion of a $100 million private placement financing this month. It can be said that the TRON Treasury Strategy marks the attention and confidence of the U.S. market in the TRON ecosystem.
The Balancing Act of Politics and Capital
There is an intriguing detail in the Forbes cover story - when discussing Trump as the "CHEAT CODE" concept for the cryptocurrency industry, he (Sun Yuchen) clearly stated: "With him, our development will be much smoother than before."
It has been proven that behind TRON's efforts to expand into the U.S. capital market, the influence of the Trump family connects the main thread of its development.
In November 2024, Trump, surrounded by domestic crypto practitioners in the United States, successfully won the presidential election, and the next Republican government being "pro-crypto" has become inevitable. Under the trend of the Trump administration "making America the world's crypto capital," Sun Yuchen seized the opportunity to return to the U.S. capital market and even stand at the center stage.
Despite Trump having secured the presidency, the Trump family's crypto project World Liberty Financial was struggling financially at that time. In November 2024, Sun Yuchen announced a $30 million investment in WLFI, bringing this troubled project back into the market's attention. Just a day later, WLFI announced that Sun Yuchen would join the project as an advisor. In January 2025, Sun Yuchen announced an additional investment in WLFI, increasing the total investment to $75 million. In return, WLFI has also included TRX in its investment portfolio.
In February 2025, Paul Atkins, the new chairman of the SEC, who is close to cryptocurrencies, took office. That month, the SEC, the Tron Foundation, and Justin Sun submitted a joint motion requesting the federal judge to suspend the litigation against Justin Sun and Tron in order to seek a possible settlement. This move can already be seen as overturning the "witch hunt" that occurred during Gary Gensler's tenure.
Until April 2025, Sun Yuchen frequently interacted with Eric Trump, the son of Donald Trump, at the Token 2049 summit in Dubai. In May 2025, a "TRUMP" themed dinner was held at the Trump National Golf Club in the suburbs of Washington D.C., where holders of TRUMP tokens ranked in the top 220 by weighted holding value were invited to participate. Sun Yuchen attended as the "top brother" with a holding of 23 million USD in TRUMP and received a limited edition Trump Tourbillon watch personally gifted by Trump. Subsequently, Sun Yuchen announced that he would continue to purchase an additional 100 million USD worth of TRUMP.
Reflecting on the journey, in 2021, Sun Yuchen was appointed as the ambassador of Grenada to the WTO (World Trade Organization). Deeply understanding the combination of politics and capital, Sun Yuchen is continuously capturing the value of the current power center in the United States. In this light, the assessment in the cover story of Forbes is spot on – "Sun Yuchen is using a balance of innovation and compromise to push cryptocurrency from the fringes to the center stage of Wall Street."