- Justin Sun urges Elon Musk to restore the Bitcoin emoji on X, boosting sentiment in the crypto community.
- TRON surpasses Bitcoin and Litecoin as the top payment blockchain, with USDT leading at 70.46% of transactions.
- TRON partners with Mobilium for crypto cards, supporting all cryptocurrencies compatible with Google Pay and Apple Pay.
Justin Sun, the creator of TRON, has openly urged Elon Musk to reinstate the Bitcoin emoji on X. The cryptocurrency symbol, frequently used in platform conversations about Bitcoin, has vanished for no apparent reason.
Those involved in X have especially expressed concern about this absence. Because its user base is frequently at the forefront of industry trends, the platform has historically functioned as a primary hub for cryptocurrency discussions.
Musk’s Influence on Bitcoin Adoption
The digital asset, which was utilized to energize conversations and interactions, was represented by the Bitcoin emoji. Musk is well known for supporting cryptocurrencies and has previously supported Bitcoin. His backing has been essential to the asset’s broad acceptance and has cemented his stature as a player in the digital currency market, especially among DOGE users.
Musk is knowledgeable about cryptocurrencies and has a history of supporting Bitcoin; Sun’s petition aims to persuade Musk. Musk may return the Bitcoin emoji to show his continued backing for virtual currencies. Such a move would certainly be well received by market players and would further bolster the bullish vibe that Bitcoin is now experiencing.
TRON’s Dominance in Payment Methods
Besides this, in a tweet, CoinGate announced that TRON is currently the most popular blockchain for payment methods. On TRON, USDT is the primary payment method, accounting for 70.46% of transactions. TRX follows closely at 29.52%.Â
This puts TRON above Bitcoin (BTC) and Litecoin (LTC), which are ranked second and third, respectively. CoinGate highlighted Solana, which has quickly acquired popularity, becoming the ninth most popular blockchain since its inclusion in May.
Additionally, TRON’s founder, Justin Sun, said on X that USDT on the TRON network is now available through Coinbase Wallet. In a separate tweet, Sun stated that China must take a step forward. Since President Trump advocated for Bitcoin, US policies have become more friendly. China should progress more in this area. The fight between China and the United States over Bitcoin policy will benefit the entire industry.
TRON’s Impressive Performance and Partnerships
TRON’s total transfer value reached $13 trillion as of July 22. On July 23, TRON was announced as the title sponsor of Korea Blockchain Week (KBW). The network outperformed rival blockchains for Tether (USDT) transactions ranging from $1 to $10,000. Its ease of use, emphasis on retail trading, and cheap fees make it an alternative for stablecoin transactions.
Moreover, TRON has partnered with Mobilium to introduce crypto cards. The TRON network supports all cryptocurrencies, and both Google Pay and Apple Pay are compatible with this card. Meanwhile, TRON’s native token (TRX) is trading at about $0.1384, slightly up 0.16% over the last 24 hours, on a trading volume of $219.07 million.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.