$TRX
TRX is the native token of the TRON blockchain, a decentralized platform focused on building a free global digital content entertainment system.
Key Points:
* Functionality: TRX is used for transaction fees, staking for network governance and resource allocation (bandwidth and energy), and as a medium of exchange within the TRON ecosystem.
* Ecosystem: TRON supports smart contracts and decentralized applications (dApps), aiming to be an infrastructure for a decentralized internet. It hosts popular stablecoins like USDT.
* Performance: TRX has shown significant year-on-year growth. Recent news includes a proposed TRX ETF with staking by Canary Capital and potential integration with the Solana blockchain.
* Price: As of today, the price of TRX is around $0.24 USD (fluctuations are expected in crypto markets).
* Outlook: Price predictions vary, with some suggesting continued growth, while others are more conservative. Keep in mind that crypto markets are volatile.
DYOR!