TRON (TRX) is a decentralized blockchain-based operating system developed by the Tron Foundation and launched in 2017. Initially created to empower digital content creators by allowing them to receive income directly from consumers without intermediaries, TRON enables users to reward content creators directly on its decentralized platform. Built as an alternative to Ethereum, TRON allows users to develop decentralized applications (dApps), share content freely, and receive digital assets in return for their contributions.
TRX recorded a price decrease of 2.07% in the last 24 hours and at the time of writing, making it one of today’s losing assets.
The decline in TRX’s price may be a correction following its recent rise due to the application submitted to the U.S. Securities and Exchange Commission (SEC) a few days ago.
