#tronupdate

TRON (TRX)

Market Cap: $26.47 billion

7-Day Change: -1.22%

Price News: As of 9:13 a.m., 1 TRX was worth $0.28. Its highest value in the past year occurred on Dec. 3, 2024, hitting $0.44.

TRON: Tron originally launched in 2017 on the ethereum token network until it moved to its own chain. Its proof-of-stake consensus makes it energy efficient, while TRX, its native token, fuels transactions and smart contracts.

One of the original premises of the crypto was to help original content creators receive income for their work. The platform supports smart contracts and dApps.

TRX has grown from $0.0019 in 2017 to about $0.28 as of June 16, 2025.

Pros:

Low-cost transactions.

Strong presence in the entertainment and gaming sectors.

Cons:

Leadership under Justin Sun. The Securities and Exchange Commission charged Sun in 2023 for manipulating the supply of TRX.

Fewer institutional use cases than competitors.