Hurun U35 list released: Sun Yuchen selected, Bochang TRON ranked first in the value of starting a business

Recently, Hurun Research Institute released “2025 Hurun U35 China Entrepreneurship Pioneer”. Sun Yuchen, founder of Bochang TRON, was selected based on his long-term practice in blockchain infrastructure, stablecoin payments, and global innovation. According to data from Hurun Research Institute, the value of the wave field reached RMB 227.5 billion, ranking first among U35 start-ups on the current list, accounting for nearly half of the total value of all U35 generation startups on the list. This significant leading edge further highlights Sun Yuchen's representation among young entrepreneurs in China and the infrastructure-level value of Bochang TRON in the global blockchain industry.

Leading the corporate value list, long-term entrepreneurial practices recognized by authorities
“Hurun U35 China Entrepreneurship Pioneers” aims to find young entrepreneurs aged 35 and under who have both growth potential and social influence. A total of 187 people were selected this year, of which 116 are first-generation entrepreneurs, covering cutting-edge fields such as artificial intelligence, life and health, advanced manufacturing, and digital technology. As an important part of Hurun's “U Series”, previous editions of the list have discovered strong brain technology Han Bicheng, Shangtang technology Xu Bing, Bilibili Xu Yi, Keep Wang Ning, and representatives of the new economy such as Yang Zhilin, MiniMax Yan Junjie, and Zhiyuan robot Peng Zhihui.
In this year's list, Sun Yuchen led a generation of entrepreneurs with Bochang TRON's corporate value performance. Hurun Research Institute's valuation of Wave Field reached 227.5 billion yuan, while the average value of current U35 generation startups is 4.2 billion yuan; if Wave Field is excluded, the average value of the remaining enterprises is 2.2 billion yuan. Bochang alone accounts for nearly half of the total value of all U35 generation startups on the list, reaching 47%, reflecting that after years of development, it has grown from a blockchain startup project to a digital infrastructure with global user scale, network effects, and continuous application requirements.
Sun Yuchen founded Bochang TRON in 2017 and continues to promote its implementation in the fields of stablecoin circulation, on-chain payments, decentralized finance, and the global developer ecosystem. Previously, in an exclusive interview with Hurun Baifu, he summarized his entrepreneurial goal as to enable anyone in the world, no matter what country they are in or whether they have a bank account, to transfer and use their own funds easily and inexpensively. This vision also forms the core logic of Wavefield TRON's long-term development path.
TRC20-USDT surpassed 90 billion US dollars, real demand built a value foundation
Wavechang TRON's corporate value is based on the ever-expanding demand for on-chain applications and stablecoin settlement. Since cooperating with Tether to issue TRC20-USDT in 2019, Bochang TRON has gradually become an important global USDT issuance, transfer and value settlement network due to its characteristics such as fast transfer speed, low processing fees, and stable network operation.
According to the latest data, TRC20-USDT circulation on the Bochang TRON chain has officially surpassed 90 billion US dollars, setting a new historical record, accounting for about 48% of the global USDT circulation; the number of accounts held has exceeded 74.9 million, and the cumulative number of transfers has exceeded 3.5 billion. At the same time, the total number of accounts on the Bochang TRON network has exceeded 390 million, and the cumulative number of transactions has exceeded 14.6 billion. The global user base and network effects continue to expand.
In an exclusive interview with Hurun Baifu, Sun Yuchen said that things that can actually cross the cycle must be supported by real needs. Every round of market adjustments will eliminate noise and bubbles, but the number of users and on-chain transactions continues to grow, indicating that the problems solved by blockchain actually exist. At the same time, he saw the launch of TRC20-USDT in collaboration with Tether as a key decision in the development of the wave field, and concluded: “If the general trend is right, you must dare to rush, but you must choose the strongest target.”
From stablecoin issuance, cross-border transfers, and peer-to-peer payments, to on-chain settlement and the demand for digital dollars in emerging markets, Wavechang TRON is continuously expanding the application boundaries of global value circulation. This time, Sun Yuchen was selected as “2025 Hurun U35 China Entrepreneurial Pioneer”, which not only recognizes his entrepreneurial ability, global vision, and long-term investment, but also further confirms the leading position of WavechangTRON in the global Web3 ecosystem from the two dimensions of corporate value and actual business scale.
For details, refer to:
https://www.hurun.net/zh-CN/Info/Detail?num=NYEJQQ9X2ENL



