My Crypto Learning Journey #14 – Tron ($TRX )

Tron (TRX) is a blockchain platform originally designed to decentralize the internet by enabling creators to share content through peer-to-peer distribution directly on-chain.

Founded in 2017 by Justin Sun, Tron launched its mainnet in 2018 and has since evolved into one of the most active blockchains globally, especially in Asia. They are currently known for DeFi, NFTs, and stablecoins.

Quick facts:

- Token name: Tron (TRX)

- Founded by Justin Sun in 2017
- Total Supply: ~94.7 billion TRX

- Circulating Supply (as of July 2025): ~94.7 billion TRX

- Consensus mechanism: Delegated Proof-of-Stake (DPoS)

- Current market cap rank: Top 15 globally

What makes Tron (TRX) interesting?

- Super fast and cheap transactions: Tron processes up to 2,000 transactions per second with almost zero fees.

- Massive stablecoin activity: It’s currently the largest network for Tether (USDT) transactions, with over $40 billion worth of USDT circulating on TRON.

- Popular in Asia and emerging markets: TRON’s low cost and ease of use make it widely adopted in countries like Vietnam, India, Nigeria, and Turkey for P2P transactions.

- TRC-20 tokens and smart contracts: Like Ethereum’s ERC-20, TRON has its own TRC-20 standard, used for creating tokens and smart contracts on the network—widely used in DeFi and gaming.

Analogy: TRON is like a superhighway for stablecoins, especially $USDT . If Ethereum is like a toll road with traffic and high fees, TRON is the fast lane with free entry, used daily by millions for quick and cheap USDT transfers worldwide.

Real-life use cases:

- Cross-border remittances: Especially in countries with high banking fees or currency volatility.

- Stablecoin arbitrage: Traders move USDT quickly across exchanges.

- Micropayments and tipping: Especially in content creator economies.

- Decentralized applications (DApps): TRON hosts gaming, gambling, and DeFi apps.

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