Hassan Maishera
The TronDAO announced via a tweet on Monday that the Tron Network occupies third place in terms of the total value locked (TVL) on a blockchain. Tron has overtaken Avalanche to clinch the third spot and is now behind BNB Chain and Ethereum.
TRON is a public blockchain attempting to become the core infrastructure for a decentralized internet. TRON relies on a Delegated Proof-of-Stake (DPoS) mechanism in which 27 Super Representatives rotate every 6 hours to validate blocks and transactions.
TRX is up by more than 4% so far today and is trading at $0.07721 at press time.
