Imagine a digital platform where you can enjoy a bit of everything, from playing games to streaming music and everything in between. A complete bypass of big companies like Spotify and YouTube that hanker for subscriptions. This is the idea that drove the development of the TRON protocol.
What Is TRON?
TRON Protocol is a decentralized network launched in 2017 by entrepreneur Justin Sun. According to Sun, TRON is supposed to revolutionize digital entertainment. Sun wanted to bring everything under the roof of one single application. The more interesting part of the effort was that TRON would be more streamlined and user-friendly than the competitors.
TRX, or TRON coin, is the native coin for the blockchain and has seen significant interest in the last few days. TRX is an integral part of the digital platform, and with TRON’s growth, the appeal of the token will also surge.
Interestingly enough, the token started as a project on the ETH blockchain. Soon, TRON became its own thing and stood out because of key features like speed, low fees, and decentralized applications.
TRX is trading at $0.2715 at press time, with a 1.8% surge tendency. However, contradicting data also suggests that the token shows some signs of slowing down, but not too much. While market swings can bring even the giants to their knees, TRX is showing decent signs of movement at the moment. Hence, it might just be a plausible investment.