Justin Sun Projects $4 Billion Revenue for TRON in 2024

The co-founder of TRON blockchain technology, Justin Sun, has made a bold projection for the blockchain network, forecasting that its revenue could reach $4 billion within the next 12 months. Sun made this declaration while discussing the potential impact of lowering the blockchain network fees. He stated that if the blockchain’s meme strategy succeeds, coupled with a $1 billion burn and $2 billion distributed to stakers as rewards, the total revenue of the blockchain could hit $4 billion.

Earlier today, Sun suggested that raising the energy cap and lowering the blockchain network fees would increase profitability rather than negatively affect it. He added that the fee reduction could drive daily transactions to over 20 million within the next three months. Additionally, the increase in energy would encourage TRX staking, thereby boosting the blockchain’s profits and market share.

“In my opinion, lowering fees and raising the energy cap won’t hurt TRON’s profitability,” Sun said.

MessariCrypto, a leading crypto market intelligence provider, expressed skepticism about Justin Sun’s $1 billion burn revenue target, arguing that TRON DAO only managed to reach $117.5 million in the second quarter of 2024.
TRON’s revenue would have to grow by two folds to reach the forecasted target, MessariCrypto further presented.

In response, Justin Sun remained confident that TRON would achieve the $1 billion burn revenue target. He provided a detailed evaluation, revealing that since the launch of the SunPump meme, TRON transactions have improved. He mentioned that a burn revenue of $3.88 million was achieved in just one day (yesterday), meaning that only $2.7 million in daily burn revenue is required to meet the goal.

“I don’t think this will be particularly difficult,” Sun concluded.