$TRX The Future of Tron
It's always difficult to predict whether a cryptocurrency and blockchain will exist in the future. Like many blockchains, Tron has been turned over to a non-profit decentralized autonomous organization (DAO), Tron DAO. The organization appears to be active, sponsoring an event it calls HackaTron, where blockchain developers can compete to build decentralized applications.
Since late 2022, TRX's market price has made a slow progressive climb. It had a market cap of $10.2 billion and a 24-hour trading volume of 324.1 million, suggesting that there is a significant amount of capital invested in TRX but relatively low liquidity.
In May 2024, Tron DAO announced that Google Cloud had joined its list of "super representatives," trusted network nodes that propose new blocks for the blockchain.
These representatives are voted in by the network after paying 9,999 trx$ to become a candidate.
There appears to be an active, albeit small, community, a supportive and involved DAO, and investor interest. There is a good chance that TRX and Tron will maintain their position as long as there is interest in keeping the project alive.
Does TRON Crypto Have a Future?
Predicting what the future holds for TRX$SOL and the Tron DAO is difficult. However, the project appears to still be attractive to certain users and investors, so it might have some staying power.btc$BTC