TRON (TRX) is a native cryptocurrency of a resonant platform that powers decentralized applications. The TRON coin is in the TOP-20 crypto assets by market capitalization.
TRON appeared in 2017 in China and was positioned as an “Ethereum killer”. The project requires simplified development of decentralized applications and support for smart contracts of other networks.
Despite the long development, the TRON ecosystem remains limited, although it includes several large projects, including in the field of decentralized finance (DeFi).


Who and when created TRON
The TRON blockchain platform was developed under the leadership of a young Chinese entrepreneur, Justin Sun. Previously, he was Ripple's representative in China and launched the popular Peiwo voice streaming mobile app.

In July 2017, Sun registered the non-profit TRON Foundation in Singapore. A few months later, he founded a company in San Francisco (USA).

In August 2017, TRON held an ICO, as a result of which its team raised about $70 million. The project was positioned as a competitor to Ethereum and EOS. In the spring of 2018, the TRON testnet was launched, and the mainnet was launched on May 31, 2018.