TRON (CRYPTO: TRX)
TRON Return vs. S&P
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TRON Company Info
Tron (TRX) is a decentralized blockchain platform that offers high scalability and availability for decentralized applications (DApps). It has a native cryptocurrency, TRX, which was originally an ERC-20 token on the Ethereum blockchain. Tron aims to create a decentralized internet and its infrastructure, and supports smart contracts with a number of decentralized apps built on top of its network. Its decentralized finance (DeFi) ecosystem has billions in total value locked. The Tron network uses a delegated Proof-of-Stake (dPoS) algorithm, with TRX token holders delegating transaction validation to 27 "super representatives." Tron was created by Justin Sun and launched in 2017, migrating to its own blockchain in 2018. TRX is used to pay for transaction fees on the Tron blockchain, can be staked for earnings, and is used in the Tron DeFi ecosystem for financial services.
News & Analysis
XRP, Hedera, and Tron Led the Crypto Bull Market This Week
Why Altcoins Surged Ahead by Double Digits This Week
Looming rate cuts and better-than-expected economic developments have fueled demand for riskier assets.
This Unheralded Crypto Outperformed the Competition in 2022 and Looks Ready for a Strong 2023
Tron might not have the same buzz as some other cryptocurrencies, but it has held up better than them during the crypto winter.
Is This Controversial Ethereum-Killer Finally a Buy?
On the surface, Tron looks like a worthy Ethereum challenger. But investors should take a closer look under the hood.
Tron's Stablecoin Launch Could Be a Significant Catalyst
Tron has lagged other popular cryptos, but its May 5 stablecoin launch could be a major catalyst.
Why Tronix Is Soaring Today
There's a new coin launching on the TRON network.
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