TRON is a public blockchain with its own coin, TRX, set up by Justin Sun in 2017. The main network went live in May 2018, and a month later TRX moved across from Ethereum, where it had started out as a token. Since the TRON Foundation dissolved itself in 2021, the project has been organised as TRON DAO, a community-run organisation.
Blocks are made by 27 Super Representatives, elected by people who stake TRX, with the ranking refreshed every six hours. They take turns producing a block about every three seconds. A block is treated as final once at least 19 different Super Representatives have built on top of it, which usually takes around a minute.
TRON has its own way of charging for transactions. It measures two resources: bandwidth for the size of a transaction, and energy for running a smart contract. Each account gets a small free allowance of bandwidth that refills over 24 hours, but no free energy. Staking TRX gives you more of either, and if you run short, the network burns TRX from your account to make up the difference. Its virtual machine is largely compatible with Ethereum's, so contracts written for Ethereum can usually be deployed with few changes.
TRON's developer documentation calls it the largest stablecoin network in crypto. Tether issues its dollar token USDT on TRON, and Tether's own figures on 13 October 2026 showed more USDT on TRON than on any other blockchain, Ethereum included. Every one of those transfers needs energy, and so, one way or another, TRX.
The number of TRX is not fixed. Each block adds 8 TRX for its producer and 128 TRX shared among voters, while burned fees take coins out again. According to TRON DAO, new issuance outweighed burning in the third quarter of 2026, leaving roughly 125.8 million more TRX on balance. Carrying billions of digital dollars does not make TRX behave like one: its euro price floats freely and can drop hard in a short time.
Official website: trondao.org