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TRON [TRX] Price Predictions 2023-24: Factors Propelling Growth

• Justin Sun confirmed that BNB will launch on TRON and shared plans to introduce zkEVM.
• TRON has burned 16 billion TRX tokens, but its price is yet to respond.
• The network has been surpassing big players, including Bitcoin [BTC], Ethereum [ETH], and Binance Coin [BNB].

Launch of BNB on TRON

Justin Sun confirmed the launch of BNB on TRON while responding to a tweet from the TRON community. This could potentially propel further growth in terms of the number of users on the network.

Burning of 16 Billion Tokens

TRON has burned 16 billion tokens, but its price is yet to respond. Despite this, it remains as the blockchain with the most daily active users, surpassing even Bitcoin [BTC], Ethereum [ETH] and Binance Coin [BNB].

TRON Stake 2.0 Update

A new development took place regarding TRON Stake 2.0 as Luganodes voted yes for TRON’s proposal No. 84 which aims to improve flexibility and efficiency of its network resources and voting management by introducing Stake 2.0. If passed, this can help increase the value of the network further.

zkEVM Integration Plans

Justin Sun also made another major announcement about exploring ways for integrating zkEVM into their ecosystem. However, he stated that any integration plans are still in exploratory stage and there’s no assurance they will be put into action just yet.

Conclusion

TRON continues to grow each day with more developments being introduced into its platform such as launching BNB onto their network or introducing zkEVM integration plans which could potentially propel further growth in terms of user numbers on their platform if successful with these projects while burning 16 billion tokens have yet to affect its price significantly compared to other big players like BTC or ETH