SummaryTron has established itself as an Ethereum-alternative. The blockchain platform, which is primarily used in Asia, has attracted a large user base and taken a substantial share of the DeFi industry. However, it’s worth noting that the dominance of the JUST ecosystem on Tron might impact its long-term diversification and growth.
Tron, a Ethereum alternative, is causing a stir within the DeFi industry, with over 11% of total value locked (TVL). As of this writing, Tron’s native token, TRX, is among the top 10 cryptocurrencies, with a market cap exceeding $7.15 billion and a YTD return of 45.5%.
The good news for crypto investors is that the growth of Tron’s investment ecosystem has been powered by its robust protocol interoperability, and may be an opportunity for individuals looking to diversify their crypto holdings.
It’s bad that you never know which crypto investments are going to last, like Tron.
What is Tron(TRX)?
Tron was developed by Sun Yuchen aka Justin Sun in 2017.
The blockchain project aims to redefine the internet. Tron’s idea has been able to…