TRON (TRX), launched in September 2017, is a decentralized, layer-1 blockchain platform designed to advance internet decentralization through smart contracts and high-throughput infrastructure. Initially an ERC-20 token on Ethereum, TRON migrated to its own blockchain in 2018. Its native token, TRX, powers transactions, staking, and governance.

Key Features

  • High Throughput: Processes up to 2,000 TPS, surpassing Ethereum (~25 TPS), with low-cost transactions (~$0.0001).
  • Delegated Proof-of-Stake (DPoS): 27 Super Representatives, elected by TRX stakers, validate blocks for efficiency.
  • Content Ecosystem: Enables creators to monetize content directly, bypassing intermediaries like YouTube.
  • Ecosystem: Supports 145+ exchanges (e.g., Binance, HTX), 341+ markets, and wallets like TronLink and Trust Wallet.

TRX Token

  • Purpose: Used for transaction fees, staking for Tron Power (voting rights), and content payments.
  • Supply: ~94.8B TRX in circulation, with a total supply of 100B (10B burned since 2021).
  • Contract Address: Native to TRON; CoinGecko CMC.

Who Are the Founders of TRX?

TRON was founded by Justin Sun, a controversial figure known for his roles at BitTorrent and Poloniex. Launched via a $70M ICO in 2017, TRON allocated 45% of TRX to Sun and the Tron Foundation, sparking centralization critiques. The project is now community-governed via DPoS, with Sun maintaining influence.

What Makes TRX Unique?

TRON stands out in Web3:

  • Content Monetization: Enables direct creator-to-consumer payments, challenging centralized platforms like YouTube.
  • Meme Coin Hub: Hosts top memecoins like Sundog and Tron Bull, with $80.2M in meme market cap.
  • Deflationary Mechanism: Over 10B TRX burned since 2021, reducing supply to boost scarcity
  • Scalability: High TPS and low fees make TRON ideal for DeFi and dApps, with ~1.7M daily transactions.

TRX Network Upgrades (2025)

  • TRX Reduction Proposal (June 2025): Reduced block rewards from 16 to 8 TRX and voting rewards from 160 to 128 TRX, enhancing scarcity.
  • Energy Cap Increase (Q2 2025): Raised daily energy cap from 120B to 150B, lowering network fees.
  • SunPump Expansion (April 2025): Boosted memecoin launches, increasing TRON’s DeFi TVL by 10%.

How Is TRX Secured?

TRON and TRX are secured through:

  • Delegated Proof-of-Stake (DPoS): 27 elected Super Representatives validate transactions, with TRX stakers voting for governance.
  • Smart Contract Audits: Regular audits by firms like SlowMist ensure protocol integrity.
  • Burn Mechanism: Periodic TRX burns reduce supply, enhancing economic security.
  • Network Monitoring: Community-driven oversight and high hashrate protect against attacks.

Conclusion

TRON (TRX) is a leading layer-1 blockchain, emphasizing decentralization, high scalability, and creator empowerment. With 94.8B circulating supply, and a robust ecosystem across 145+ exchanges, TRON supports DeFi, memecoins, and content monetization. Its DPoS model, low-cost transactions, and 2025 upgrades like TRX reduction position it as a Web3 powerhouse, though centralization concerns linger.