- Justin Sun said that Tron is the most popular blockchain, pushing Tron into the middle of the debate.
- Tron has been criticized as market participants question its fragmentation.
- The price of TRON remained weak for a short period of time, but its upward trend remained in place.
A few hours after Arbitrum was used, Justin Sun, the founder of TRON The value of TRX-0.38% DAO, has given his comments to the community. Today, in line with the government’s statement, the council transferred the money to a closed central bank, where it was frozen pending government action.
Arbitrum Fund Fires New Debate Over Big Dividends
As we said before, The Security Council’s Arbitrum suspended 30,766 ETH linked to the KelpDAO application and moved the funds to a central wallet after technical review and legal contacts. The council said the move protects the network without affecting users, apps, or services, while future funding will require executive approval. The move caught the attention of the entire industry. Tron founder Justin Sun wrote “Okay. I announce: the most popular blockchain in the world is Tron.”
Good. I officially announce: the most popular blockchain in the world is Tron. https://t.co/dijxWG5rNc
– HE Justin Sun 👨🚀 🌞 (@justinsuntron) April 21, 2026
Some market participants pointed out that internationalization has become a hallmark of the industry and said that only Bitcoin remains stable. Critics also said that the freeze exposed the system of control of Arbitrum, describing it as evidence that some chains can directly intervene in the funds of users during emergencies.
Justin Sun’s statement went unnoticed, as some colleagues pushed back saying that Tron cannot be described as a highly stable network while Bitcoin, Litecoin, and Monero remain in the market. Others pointed out that Tron’s ecosystem is still visible mainly through its Tether service and said that it should not be directly compared to Arbitrum, which operates as a Layer 2 network.
TRON Runs Narrow After Pulling From High
Justin Sun’s comments come at a time when TRON’s price has been struggling to maintain a positive outlook. According to CoinMarketCap data at press time, the price of TRON posted a slight intraday decline and was held close to $0.3287 after failing to advance its initial push. The price rose slightly to the area of $0.3300, then returned and entered a stable bottom. This drop brought TRX to a low of $0.327, placing it at the weakest point of the session.
From there, the movement lost momentum and turned into a more controlled approach. Photo of TRON-0.38% they also found some trickle down through short-term progress, but replication remained limited. The price then moved in a narrow band, and fluctuated repeatedly around the highs of $0.327 and the lows of $0.328.
The subsequent push lifted TRX closer to $0.3290, however the move failed to resume its recovery. The close was tight and inconsistent, with little volatility around $0.3280. Overall, TRON moved from an early decline to a sideways consolidation, ending below its strongest level.
TRON Price Up High Revival Gets Stronger
As the 24-hour prices show weakness, The price of TRON it continues to follow the trend that has led the market since the end of February. Technical analysis shows a significant downtrend occurring within the uptrend. That trend creates a more stable upward trend as long as the price of TRON respects the lower limit.
The reversal pattern also places the price of TRON near the decision point at the upper part of the channel. Focusing on the top of the middle of the channel allows consumers to control what’s going on. Under that setup, the price of TRON may try another run on the upper line. This can put the next move to the upside if momentum is in line with the regression slope.
The top group with the highest mark is the target target for this setup. If it is Photo of TRON-0.38% when it passes through this region, the reaction can exceed the resistance of the channel. If the rejection strengthens, the price of TRON may retest the middle or lower support first. Even so, the retracement remains up unless the trend breaks down significantly.
