Hello everyone, this is the Dardion editorial team, and today we want to discuss a coin that should see significant growth in the upcoming bull run. This is our sixth article about altcoins for the next bull run and preparing your portfolio. But remember to DYOR (Do Your Own Research) and feel free to check out our previous articles!
Today, we’ll discuss a veteran of the previous cycle – TRON. We’ll review its coin, TRX, and its prospects for the next cycle below!
What is TRON?
TRON is a blockchain platform launched in 2017, created by Chinese entrepreneur Justin Sun with the goal of establishing a decentralized platform for sharing entertainment content (such as videos, images, and music) without intermediaries. This allows content creators to share their work directly with users, bypassing middleman services and fees. Today, the TRON network is managed by Tron DAO.
Originally, TRON was built on the Ethereum blockchain, but over time, the development team migrated it to its own blockchain, raising $70 million through an ICO (Initial Coin Offering) to fund the move.
How the TRON Network is Structured
TRON consists of three layers, which can be thought of as “levels” of the network:
- Core: This layer hosts the platform’s primary functions: smart contracts (automatic programs executing actions when certain conditions are met), account management rules, and the consensus mechanism (decision-making process in the network).
2. Application Layer: This layer supports the creation of decentralized applications (dApps), such as for video streaming, social networks, or gaming. These applications operate on blockchain, allowing users to interact directly without intermediaries.
3. Storage Layer: This layer manages data storage, ensuring data integrity and accessibility for network users.
How Records are Added in TRON
TRON uses a consensus algorithm called DPoS (Delegated Proof-of-Stake) to add new records, allowing data blocks to be added to the network every 3 seconds, speeding up transactions and lowering energy costs. Applications can be created using various programming languages, with Java as the primary one.
Use Cases of TRON
- Video dApps: TRON can host decentralized video streaming applications. Here, content creators can share videos directly with users, bypassing traditional platforms and fees.
- Gaming: TRON enables developers to create blockchain-based games, allowing users to interact without centralized servers, offering greater transparency and freedom.
- TronLink Wallet: This wallet was developed for TRON users to easily store, send, and receive TRX tokens (the primary cryptocurrency of the network) and other TRON tokens.
A Brief Biography of TRON’s Founder – Justin Sun
Justin Sun was born in 1990 in Qinghai Province, China, showing an early interest in technology and entrepreneurship. As a focused student, he earned a bachelor’s degree in history from Peking University and later pursued a master’s degree in East Asian Studies at the University of Pennsylvania. During his studies in the U.S., Sun learned about cryptocurrencies, which shaped his future as an early Bitcoin investor and one of the first to recognize blockchain’s potential.
At the early stage of his career, Sun joined Jack Ma’s Hupan School of Entrepreneurship, learning from one of China’s most successful entrepreneurs. These years were foundational, shaping his vision and ambitions for decentralization.
Inspired by his knowledge and experiences, Sun founded TRON in 2017—a platform aimed at revolutionizing the digital content industry. At its inception, TRON focused on creating a decentralized platform for sharing and monetizing content without intermediaries, enabling direct interaction between creators and audiences. TRON quickly gained attention, especially after a successful ICO held just before China’s ban on such campaigns, raising $70 million. This funding provided a strong start for TRON, though the project also faced criticism for borrowing ideas without adequate credit.
Beyond establishing TRON, Sun extended his influence in the crypto industry through strategic acquisitions. In 2018, he acquired BitTorrent for $140 million, implementing the BitTorrent Chain (BTTC) decentralized solution and launching the BTT token, part of his long-term vision for decentralized internet services. In 2019, Sun also acquired the crypto exchange Poloniex, enhancing his reputation in the cryptocurrency trading sphere.
On the wave of success in TRON and BitTorrent, Sun began to participate in new projects and investments. In 2021, he became a major investor in Animoca, a blockchain company known for games like The Sandbox. Later, he became the largest private holder of stETH and, in 2024, launched the SunPump platform for meme tokens, continuing his contributions to the blockchain ecosystem.
Sun also joined the advisory board of the HTX exchange (formerly Huobi), strengthening his influence in the global crypto market. His projects and partnerships highlight his ambition to reshape the industry, build a decentralized digital economy, and bring blockchain to everyday life.
The Purpose of TRON (TRX) Cryptocurrency
TRON (TRX) is the main cryptocurrency of the TRON blockchain, originally created in 2017 as an Ethereum-based token. Following TRON’s blockchain launch, all tokens were converted into TRX coins, which now play a key role in the network. TRX is used to pay transaction fees, reward participants for staking, and support decentralized governance through Tron DAO. For example, users who stake TRX can vote for the network’s super representatives and participate in governance.
TRX also serves as a payment method: it can be used for online purchases and prepaid card payments. TRX can be stored not only in the official TronLink wallet but also in popular wallets like Trust Wallet and Coinbase Wallet.
TRON (TRX) Tokenomics
When TRON was launched in 2017, 100 billion TRX tokens were issued on the Ethereum platform as ERC-20 tokens for the ICO. The initial distribution was as follows:
- 40% went to the public token sale
- 15% was allocated for the private presale
- 35% was reserved to support the project
After transitioning to its own blockchain, all ERC-20 tokens were swapped for TRX on the TRON network.
TRX Price Forecast
TRON (TRX) gained popularity during the DeFi boom in 2020. The Justlend platform built on TRON allows users to earn income from lending, a successful move into decentralized finance. Fast, low-cost transactions, especially compared to Ethereum’s high fees, make TRON appealing to users.
TRX has significant potential, and analysts’ future price forecasts vary. Digital Coin Price predicts that by 2025, TRX will reach $0.08, Wallet Investor forecasts $0.13, and Coin Switch is more optimistic, forecasting a rise to $0.76 by the same year.
We previously provided our own TRX price forecast up to 2040, which you can check below if you’re interested.
TRX Advantages
- Fast transactions
- Low fees
- DApp support
- DeFi popularity
- Active partnerships
- Regulatory resilience
- High scalability
- Strong community
TRX Disadvantages
- Network centralization
- Competition with Ethereum
- Controversies over borrowing ideas
- Low TRX price
- Regulatory risks
Conclusion
Justin Sun, one of the world’s leading crypto influencers, won’t let his creation, TRON, fade away. His insights have significantly boosted volumes on the blockchain, and meme coins on TRON remain a modern trend. The coin itself continues to evolve, and with a deflationary token model, it has captured investors’ attention.
In the bullish market of 2025, we’d love to see TRX at $1… but perhaps we’re getting ahead of ourselves!
