TRON (TRX) merges with Heco to revolutionize blockchain

• Justin Sun announces the TRON Heco merger following his revelation about his investment in Huobi tokens.
• Sun also revealed plans to revive the Huobi exchange after joining the advisory board.

After revealing the amount of Huobi tokens he holds and his investment interest in the exchange, TRON founder Justin Sun has announced a merger between TRON and the BitTorrent chain ecosystem with Heco. He added that the developers from the three ecosystems would work together to improve the Heco network.

We will merge #THRONE and #BitTorrent Chain ecosystem with Heco. We will put in sufficient capital to encourage all Heco developers to build further #THRONE and #BitTorrent Link together. Let’s build!

— HE Justin Sun🌞🇬🇩🇩🇲🔥 (@justinsuntron) 14 October 2022

Sun has been in the news for various reasons in the last 24 hours. In an interview on Friday, Sun said his current Huobi tokens (HT) are in the tens of millions. Sun’s announcement of a merger with Heco has positively affected the price of TRON’s native token (TRX). Within an hour of the announcement, TRX’s price rose by more than 4 percent.

About Heco Chain

The Heco chain is a decentralized, energy-efficient and efficient public chain that helps developers evolve from one stage to another. Apart from supporting high-performance transactions, it is also compatible with smart contracts. Heco’s merger with the TRON network is logical, given that the Huobi token is the original token of the Heco ecosystem.

The price of Huobi tokens rose sharply after the TRON founder’s disclosure of his Huobi token holdings. The integration of Heco with TRON has been a long-term goal of TRON developers, as connecting many chains is one of their primary goals.

Last year, the team announced plans to support the Heco chain following the launch of the BitTorrent Chain testnet. Sun added that the TRON network would raise funds to accommodate all Heco developers so they can join together to build the TRON and BitTorrent chain.

Reviving Huobi Exchange

Recently, Justin Sun became an advisory board member for Huobi global. After the announcement, he said he has plans to revive the popular crypto exchange. According to him, part of the revival plans will be business collaboration, brand upgrading and empowerment.

Sun also said that strengthening Huobi’s native token is key to reviving the crypto exchange. He added that the exchange’s advisory board would unite all the factions in the exchange to move the company forward in the shortest possible time. The TRON founder, who claims to speak on behalf of the board, said the company has no intention of returning to China.

Instead, it would seek to become a global exchange. Recent changes in Huobi’s leadership position have accelerated the implementation of this revival plan.

The latest data shows that the Huobi token price is up 1.42 percent in the last 24 hours and is trading at $7.56. TRON (TRX)’s price is also up 2.02 percent over the same period and is trading at $0.0631, according to the same data.