$TRX is the native cryptocurrency of the TRON blockchain, a decentralized platform focused on building a free, global digital content entertainment system with distributed storage technology. Launched by Justin Sun in 2017, TRX is used to power transactions, pay for smart contract execution, and reward content creators within the TRON ecosystem. It aims to eliminate middlemen in content sharing by allowing creators to connect directly with consumers. TRX can be traded on various crypto exchanges and is known for its low transaction fees and high-speed processing. It's also used in DeFi applications and staking on the TRON network.
