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Tron (TRX) and Bitcoin Correlation Claimed by Justin Sun Sparks Market Debate

Tron (TRX) and Bitcoin Correlation Claimed by Justin Sun Sparks Market Debate

Author:
TRX News
Published:
2025-04-30 14:22:11
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[TRADE_PLUGIN]TRXUSDT,TRXUSDT[/TRADE_PLUGIN]

Tron founder Justin Sun has stirred the cryptocurrency market with a bold claim of an unexpected correlation between TRX and Bitcoin. His cryptic tweet, suggesting "TRX = BTC," has led to widespread speculation among investors and analysts. As of April 2025, the implications of this alleged synchronization remain unclear, but the market is watching closely given Sun’s history of influential announcements.

Justin Sun Claims TRX-BTC Correlation, Sparks Market Speculation

Tron founder Justin Sun ignited crypto market chatter with a cryptic tweet suggesting an unexpected correlation between TRX and Bitcoin. The assertion "TRX = BTC" appeared alongside on-chain data implying synchronized price movements—a rarity for altcoins against the dominant cryptocurrency.

Market observers note Sun’s history of market-moving announcements, though the mechanism behind this alleged correlation remains unverified. TRX’s 24-hour trading volume spiked 40% following the tweet, with notable activity on Binance and OKX.

The claim arrives during a period of heightened altcoin volatility, where established tokens like SOL and ETH have shown decoupling from Bitcoin’s price action. Whether this represents a fundamental shift or temporary anomaly remains debated among analysts.

Altcoin Season 2025 Gains Momentum as Bitcoin Stability Fuels Risk Appetite

Cryptocurrency markets are witnessing a pronounced shift toward altcoins as Bitcoin’s consolidation above $94,000 emboldens traders to rotate capital into higher-beta assets. Santiment data reveals a 23.21% weekly surge in Bitcoin-related social volume, with Ethereum, XRP, and meme coins like PEPE capturing secondary attention.

Wrapped TRON and politically themed tokens have emerged as early outperformers, notching 150% gains amid broadening altcoin participation. The market structure echoes classic altseason patterns, where Bitcoin dominance plateaus as liquidity searches for outsized returns elsewhere.

P2P.org Joins TRON as Super Representative Validator

P2P.org, a Web3 staking service provider, has been elected as a TRON Super Representative (SR) validator, marking its entry into TRON’s blockchain ecosystem. The firm will now participate in block production and earn rewards for securing the network.

With over 130 institutional clients, P2P.org’s CEO Alex Esin sees the move as a strategic expansion. "Becoming a TRON Super Representative Validator represents a significant advancement in our validator portfolio," Esin said. The addition of TRON strengthens P2P.org’s presence across more than 40 networks, creating new staking opportunities for institutional partners.

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