The relationship between TRON founder Justin Sun and crypto projects associated with Donald Trump has been a bit of a rollercoaster. Sun has been a key supporter of Trump's ventures, investing heavily in the $TRUMP memecoin and the World Liberty Financial project. In return, World Liberty Financial made Sun an advisor and invested in TRON’s TRX token and Sun-advised Wrapped Bitcoin (WBTC). They even chose the TRON network to issue their USD1 stablecoin.
However, the partnership has recently soured. World Liberty Financial froze a large number of Sun’s WLFI tokens after he seemed to move them from addresses linked to his exchange, HTX.
Despite this recent friction, TRON's performance has been impressive. Its market capitalization has surged by about 120% since the election, significantly outperforming Bitcoin, which saw its market cap grow by roughly 66% in the same period.
TRON’s value saw a quick jump after Sun was named an advisor to World Liberty Financial, and it continued to rise steadily after the Securities and Exchange Commission paused its lawsuit against Sun and TRON. However, its price has recently shown a decline, particularly since the WLFI tokens were blacklisted.
Overall, TRON has substantially outperformed Bitcoin since the election, even as Sun's relationship with Trump-affiliated projects has gone from being embraced to facing a public falling out.
September 2025, Cryptoniteuae