Justin Sun Hails JST as 'Next 100x Token' Amid Booming TRON DeFi Growth
28.04.2025 09:58
TRON founder Justin Sun took to the social media platform X to express bullish views on JST, the governance token of the Just ecosystem. Sun declared that JST has experienced a complete fundamental turnaround and has the potential to become a next 100x token as the TRON-based DeFi landscape matures. He highlighted the success of JustLend, a permissionless lending platform on TRON, which has grown into one of the largest protocols in the network by generating tens of millions of dollars in net profit and offering competitive interest rates. Additionally, Sun pointed to the explosive growth of USDD, a decentralized stablecoin within the ecosystem, whose rapid adoption has further boosted JST’s demand. Sun emphasized that all profits might be used in a buyback-and-burn program to deflate the circulating supply of JST—a strategy aimed at potentially increasing its value over time. This optimistic narrative underscores TRON’s ambition to rival Ethereum’s DeFi dominance with attractive yields and a user-friendly experience.
The news carries a highly positive sentiment for JST as Justin Sun’s bullish forecast and the successful performance of JustLend create an optimistic outlook. The mention of a potential buyback-and-burn mechanism adds a deflationary element that could drive the token’s value upward. Short-term, investor enthusiasm may see a rapid uptick in demand, while long-term growth is contingent on sustained platform adoption and continuous revenue generation. The credibility of Sun's assertions, historical parallels in successful DeFi projects, and the scale of ecosystem profits contribute to a strong likelihood of price appreciation.
Although not the primary focus, TRX could benefit indirectly from the expansion of its DeFi ecosystem. Enhanced utility from high throughput and low transaction fees on the TRON network supports gradual, sustained growth. The positive ecosystem developments may bolster investor confidence in TRX, although the impact is expected to be less dramatic and more long-term compared to JST. No immediate events are cited, so the influence on TRX is likely to be deferred as the ecosystem expands.
Sources
TRON’s Justin Sun Predicts 100x Growth for JUST — Here’s Why
crypto-news-flash.com
28.04.2025 09:33
Justin Sun Highlights the Promising Future of JST Token Through JustLend
COINTURK NEWS
28.04.2025 07:02
Justin Sun calls JST a ‘next 100x token’ amid growth of TRON’s DeFi ecosystem
cryptoslate.com
27.04.2025 16:00
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