With the listing, TRON’s native token is now available to Blockchain.com Wallet and Blockchain.com Exchange users – where customers can accomplish various transactional activities that include send, receive, buy and sell of crypto.
Customers can also swap TRX as well as earn rewards on their holdings. According to details shared with Invezz on Tuesday, annual rewards of up to 8% will be available to customers who hodl TRX in their Blockchain.com Rewards Account.
TRX continues to see massive growth
The TRX token is a TRC-20 utility token used on the TRON protocol and within the blockchain’s decentralised applications (dApps) ecosystem for transactions, payment of network fees and to power smart contracts.
Its listing on Blockchain.com adds to its growing adoption across the blockchain ecosystem and decentralised web, with TRON’s high throughput and scalability key to users.
The TRON mainnet went live in 2018 and its network’s speed offers 2,000 transactions per second (TPS). Growth across the ecosystem sees it currently command more than 110 million accounts, with over 3.8 billion transactions. As of August 2022, total value locked (TVL) on the TRON network stood at over $13.2 billion.
Recently, TRON’s delegated proof-of-stake consensus was highlighted as a factor behind the blockchain’s extremely low carbon footprint, making it one of the most eco-friendly blockchains..
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