Tron

Tron (TRX)

General Presentation

• Name and Symbol:
  Name: Tron
  Symbol: TRX

• Current Market Capitalization:
  Approximately $22,8 billion (as of April 4th 2025)

• Ranking on CoinMarketCap:
  Currently ranked #9 by market capitalization

Technology and Infrastructure

• Layer Type:
  Litecoin is a Layer 1 blockchain – it operates independently.

• Token Type:
  LTC is a native token, used for transaction fees. Focused on content creators.

• Consensus Mechanism:
  Litecoin uses delegated Proof of Stake (PoS). TRON has the higher throughput and is able to process up to 2000 operations per second without fees, thus, transactions on the network are feeless.

• Use Case and Functionality

• Main Purpose:
  This project is best described as a decentralized platform focused on content sharing and entertainment — and to this end, one of its biggest acquisitions was the file sharing service BitTorrent back in 2018.

• Main Competitors:
  Bitcoin (BTC), Dogecoin (DOGE) etc

Strengths and Weaknesses

• Advantages:

  • Speed: PoS

  • Low Fees: Transaction fees are usually minimal

  • Energy-efficient:  PoS

• Weaknesses:

  • Centralization: The founder owns 45% of the tokens.

  • Security: said to be low security (n 2020, researchers found that just 27 nodes processed over 50% of the transactions.)

• Blockchain Trilemma (Scalability, Security, Decentralization):
  TRX is centralized uses delegated proof of stake which is not known to be secured. Scalability seems high as it has its own blockchain, it’s a utility token and the foundation bought BitTorrent.

Adoption and Ecosystem

• Main Users:
  Mostly retail users and and streamers.

• Major Partnerships or Integrations:
  BitTorrent

• Developer Community Activity:
  Still active, with regular updates and a community-driven GitHub repository.

Tokenomics and Supply

• Maximum Supply:
  100 million TRX

• Distribution:
  40% public, 25,7 private and Tron DAO and team is 34,3%.

• Deflationary Aspects:
  No halving mechanism.

Risks and Future Outlook

• Biggest Risks:

  • Centralization risks

  • Legal risk,  in 2020 the SEC sued Justin Sun for unregistered securities

  • Low Innovation, There’s a lack of developer activity and few standout dApps or protocols compared to Ethereum, Solana, or even newer L2s + The TRON blockchain is heavily dominated by USDT transfers.

• Upcoming Developments:

  • P2P Network Upgrade

  • Dynamic Fee Strategies