If we are to talk about old smart contract project that's on par with ETH in existence term it will be Tron, how can Tron still be value at few cents since released? What's holding this project back? Transaction fee is cheap and transaction speed is faster, I'm just surprised how matic, Polkadot and Avalanche that are new projects beats Tron TRC20.. is Justin Sun to be blame for its failure?
The price depends on the traders, what's important is that TRON is still listed in big exchanges and they have a good trading volume. Development is ongoing, maybe they are just lack of hype but for sure their time will come and TRON will pump like other coins that had their own run in the last bull run.
I don't know if the exit of Justin Sun from TRON helped or not, but let's see.
https://www.coindesk.com/business/2021/12/17/justin-sun-is-retiring-from-tron-but-not-crypto/Sun will always be a part of the Trx Foundation he is the one who started it and created hype on Tron, I'm sure wherever he goes and whatever he does he will become an ambassador of Tron, he becomes popular and even richer because of Tron, Tron will have his glory days just like what happens to DogeCoin, the community support is still there and exchanges still trust and continue to trust Tron.