TRON (TRX) Token: A Quick Guide 🌐
TRON (TRX) is the native cryptocurrency of the TRON blockchain, a decentralized platform launched in 2017 by Justin Sun. It aims to create a free, global digital content ecosystem where creators can share and monetize their work without middlemen like YouTube or Apple. Here's what you need to know:
🔹 What is TRX used for?
Payments: Pay for services, goods, or transaction fees on the TRON network.
Content Creation: Creators earn TRX for their work, like videos or music.
Staking: Lock TRX to vote for "Super Representatives" (SRs) who secure the network and earn rewards.
Smart Contracts: Power decentralized apps (dApps) and stablecoins like USDT on TRON.
🔹 Key Features:
Fast & Cheap: Processes ~2,000 transactions per second with near-zero fees.
Delegated Proof-of-Stake (DPoS): TRX holders vote for 27 SRs to validate transactions, making it energy-efficient.
TRON Virtual Machine (TVM): Supports smart contracts and dApps, compatible with Ethereum.
Scalable: Handles millions of users and over 3.4 billion transactions to date.
🔹 Token Details:
Total Supply: ~100 billion TRX.
Circulating Supply: ~86 billion (as of 2025).
Market Cap: ~$22-23 billion, ranked #10 globally.
Price: ~$0.24-$0.26 (varies, check Binance for live updates).
🔹 Fun Facts:
TRON acquired BitTorrent, boosting its decentralized file-sharing capabilities.
It powers 92% of USDT transactions, making it a stablecoin giant.
Listed on 130+ exchanges, including Binance, but not Coinbase.
🔹 How to Get TRX?
Buy on Binance with a card or trade for other cryptos.
Store in wallets like TronLink or Trust Wallet.
Stake TRX for rewards or use it in DeFi and dApps.
TRON’s mission is to decentralize the web, giving power back to creators and users. With a strong ecosystem and growing adoption, TRX is a key player in Web3! 🚀