Dec 2, 2024: Our weekly Institutional Insights explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

 explores the latest market developments — market performance, industry news, exchange-traded fund (ETF) flows, trending topics, upcoming events and token unlocks — to help you supercharge your crypto trading.

Weekly Highlight — U.S. Economy Growth Driven by Improved Productivity

If U.S. economic growth is strong, why is the Federal Reserve considering interest rate cuts? This question was recently posed to Fed Chair Jerome Powell. Instead of focusing solely on the Fed's actions, we should explore the reasons behind the robust growth, and see how it can be sustained.

Real GDP is expected to exceed pre-pandemic levels for the second consecutive year. Typically, strong growth raises concerns about overheating, but inflation has actually fallen. Recent growth is largely due to increased productivity and a growing workforce, which are not inflationary and can help rebalance supply and demand.

A significant factor behind this success is the rise in labor productivity, averaging 2.3% over the past two years — faster than the four years before the pandemic. This uptick is linked to a surge in new business applications, especially in the tech sector, as the pandemic's economic shifts and relief measures lowered barriers to entrepreneurship, particularly benefiting underrepresented groups.

The boost in productivity also reflects workers moving to roles better suited to their skills, a trend accelerated by the 

. This mobility has been essential for productivity gains, as higher job turnover correlates with increased business dynamism.

However, sustaining higher productivity is a challenge. The Fed must avoid overly restricting the economy, as high interest rates can deter investment in technology. Additionally, a gradual cooling of the labor market, with declining job quits, is concerning.

For policymakers, monitoring labor market dynamics and business formation is crucial. If these indicators decline, productivity and growth could wane. The U.S. economy has made significant progress, and maintaining this momentum is essential.

Weekly Crypto Highlight — Sui Is Poised for Growth

Bybit has released the Sui ecosystem report, with its key takeaways below. (Read the full report 

: Sui has achieved impressive performance, processing over 297,000 transactions per second (TPS) while maintaining low latency. This positions it among the fastest blockchains available.

: In 2024, Sui's market capitalization skyrocketed over 1,000%, reaching $9.5 billion and reflecting strong investor confidence and growing adoption.

: The total value locked (TVL) in Sui’s DeFi ecosystem has surpassed $1.5 billion, ranking it 11th among major blockchain networks and highlighting its rapid growth in 

: The launch of the Grayscale Sui Trust has significantly increased institutional interest, resulting in an 89% price surge for the SUI token in Q3 2024, indicating its appeal to accredited investors.

: Sui is making strides in the gaming sector, introducing the SuiPlay0X1 handheld gaming device and various 

, enhancing user engagement and expanding its ecosystem.

Developed by Mysten Labs, Sui is a Layer 1 

 (PoS) blockchain launched on May 3, 2023. Its object-centric data model allows for parallel transaction processing, enhancing throughput and reducing latency. Its use of the Move programming language ensures resource safety through rigorous bytecode verification, mitigating common blockchain vulnerabilities.

: Partnerships with firms like Copper and Zero Hash strengthen Sui’s infrastructure and credibility in the financial sector, enhancing its offerings in digital asset custody and transaction facilitation.

: Sui’s DeFi sector is thriving, with leading protocols like 

 offering diverse financial services. In gaming, initiatives such as the SuiPlay0X1 device and various web3 projects bolster user engagement.

In summary, Sui is poised for continued growth, driven by technological innovations that are expanding its presence in both DeFi and gaming.

Advanced

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Weekly Institutional Insights: Sui Poised for Growth; U.S. Economy Driven by Productivity Growth

Chill Guy is a viral meme illustration that took social media by storm before a crypto project used the meme to launch a Solana-based token. Learn more here.

What started as a simple illustration of a laid-back dog has become a global meme sensation, with the cartoon character known as Chill Guy dominating both social media trends and cryptocurrency markets. Created by artist Phillip Banks in October 2023, the easygoing canine character sparked a viral movement that has attracted major brands worldwide.

This article follows Chill Guy’s transformation from a social media sensation to a cryptocurrency asset. We'll examine its viral beginnings, community growth, market impact and what potential investors can expect from CHILLGUY in the future.

 is a viral meme illustration by artist Phillip Banks, depicting a laid-back dog in casual clothes whose easygoing attitude took social media by storm before a crypto project used the meme to launch Just a Chill Guy as a Solana-based token.

What Does Just a Chill Guy Aim to Achieve?

The CHILLGUY meme coin aims to spread a "Why worry?" philosophy into cryptocurrency markets by embracing the laid-back, stress-free attitude that made the original meme go viral. The project transforms this easygoing vibe into a community-driven token, where being low-key isn't just a catchphrase — it's a shared mindset among holders.

The CHILLGUY community brings this philosophy to life by sharing endless variations of the CHILLGUY meme across social platforms. Through market swings and viral trends, CHILLGUY keeps his iconic pose: hands in pockets, subtle smirk, perpetually relaxed.

Just a Chill Guy (CHILLGUY) operates as a Solana Program Library (SPL) token on the 

 blockchain, leveraging the network's ultrafast speeds and low costs to ensure smooth trading. The token was created using Pump.fun, a specialized platform that lets users launch Solana-based tokens without any fees, removing traditional barriers to token creation.

CHILLGUY is a community takeover (CTO), meaning it's completely owned and directed by its token holders with no central team in control. This decentralized structure ensures the project stays true to its community-driven nature, its holders collectively guiding its future while embodying the laid-back spirit of the original meme.

The CHILLGUY token launched with a maximum supply of 1 billion tokens, of which 999,965,435 are currently in circulation. This near-complete distribution of tokens to the market supports active trading and community participation.

What makes CHILLGUY's tokenomics particularly notable is its widespread distribution across more than 142,000 unique holders (as of Nov 27, 2024), achieved in just 12 days. This rapid expansion of its holder base demonstrates strong community adoption and aligns with the project's decentralized, community-driven principles.

CHILLGUY has exploded across social media, especially on TikTok, where the meme has amassed hundreds of millions of views. Its laid-back character resonates with users worldwide, inspiring countless creative adaptations.

Major brands worldwide have embraced CHILLGUY in their marketing campaigns. From Sprite Europe to NFL on CBS, the character has resonated across mainstream media, even catching the attention of global figures like El Salvador's president Nayib Bukele.

The “Chill Guy” meme’s influence spans multiple social media platforms, with a growing community of followers: 96.6K on X (

). On the other hand, the meme token itself also has a vast community, with 39.9K on X (

) and an active Telegram channel of over 15,000 members. These numbers reflect the meme's ability to engage audiences across different platforms.

The token's popularity in cryptocurrency markets matches its social media success, with CHILLGUY maintaining a substantial 24-hour trading volume of over $330.03M as of Nov 27, 2024. This high trading activity demonstrates the strong market interest in CHILLGUY beyond its meme status.

Looking to trade Just a Chill Guy tokens? Bybit now offers the CHILLGUY/USDT Spot trading pair and CHILLGUYUSDT Perpetual contract. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

While CHILLGUY has maintained strong trading volumes and continues gaining mainstream attention through its viral social media presence, investors should carefully weigh its strengths and risk factors before making investment decisions.

With its widespread brand adoption, sustained trading activity and explosive community growth of over 142,000 holders, CHILLGUY demonstrates significant market potential. However, meme coins are inherently volatile. Potential investors should 

 and invest no more than they can afford to lose.

CHILLGUY is the latest viral sensation to harness the power of the attention economy to convert social media momentum into crypto market success. While CHILLGUY has already demonstrated its ability to capture mass appeal, its position as a leading meme token will depend upon how effectively it maintains its cultural relevance and community engagement in this fast-moving market.

Intermediate

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Just a Chill Guy (CHILLGUY): Embracing the Art of Nonchalance

Zircuit (ZRC) combines optimistic and ZK rollups with AI-driven security, offering fast, low-cost Ethereum Layer 2 solutions. 

 network has flourished, mainly due to the ongoing network congestion, high fees and poor scalability of the latter. Many of these platforms use rollup technology, whereby batches of multiple transactions processed off-chain are bundled together and posted in bulk to the underlying Layer 1. Ethereum-linked rollups mainly come in two varieties 

 (ZK). While optimistic rollups boast lower computational overhead, the ZK variety of these networks features a higher degree of security.

Zircuit (ZRC) is a Layer 2 chain that adopts a hybrid approach, combining the elements of optimistic and 

. This lets the platform offer the performance benefits of optimistic technology along with the security of ZK validity proofs. To further enhance overall security, Zircuit uses a unique 

 (AI)–driven system of monitoring for malicious transactions.

 (ZRC) is a hybrid Layer 2 blockchain that combines the features of optimistic and ZK rollups, and uses AI-driven monitoring for potentially harmful transactions. 

 rollup development technology, a popular framework for building optimistic rollup networks. Additionally, it uses zero-knowledge proofs, which lets the platform offer the best of both worlds 

 the performance benefits of optimistic rollups and the security of ZK technology. Zircuit is 

The Zircuit project takes security very seriously, and has introduced a unique system of AI-based protection against malicious transactions at the sequencer node level. The use of ZK proofs and an AI-based protection system make Zircuit one of the most secure platforms in the competitive world of Ethereum Layer 2 chains.

Along with its excellent security benefits, Zircuit also boasts low costs, fast transactions, excellent scalability and 2-second block production intervals. All these features make it an ideal environment for 

 (DApps) in various niches, particularly 

 (DeFi). In fact, the leading protocols within the Zircuit ecosystem are all dedicated to the finance niche, with Zircuit Staking being the largest application by TVL.

With its heavy focus on DeFi, Zircuit aims to become a leading liquidity hub for various token types within the sector, including 

. These assets can be staked through the Zircuit staking program — supported by the platform's Liquidity Hub — to earn staking APRs, airdrop rewards and points based on the Zircuit Point program (covered further in our article).

The platform also operates a secure native bridging solution, 

, to help users transfer assets between its Layer 2 network and Ethereum Layer 1.

The company behind the project, Zircuit Ltd., was founded in 2021 in Canada by Dr. Martin Derka, Jan Gorzny and Angel Xu. Zircuit's testnet was launched in November 2023, but made headlines in April 2024 when the project reported that its 

 (TVL) had soared past $2 billion. While testnet TVLs are more a gauge of future potential for a blockchain than an indicator of its existing worth, the news attracted the attention of industry observers toward the platform. Following its highly publicized testnet success, Zircuit launched the first phase of its mainnet in August 2024. This was followed by the launch of the platform's native token, ZRC, in November 2024.

As a typical rollup, Zircuit uses an off-chain sequencer node to batch and organize Layer 2 transactions for subsequent posting to the underlying Ethereum Layer 1. The batches have ZK validity proofs attached to them to signal to Layer 1 validators that they’re free from fraudulent transactions. Zircuit's architecture also includes prover nodes, whose job is to produce these validity proofs.

However, unlike other rollups using ZK proofs (also known as validity proofs), Zircuit doesn't generate validity proofs for every block of transactions. Instead, some blocks have pre-generated template proofs, while others go through the process of having a dedicated validity proof created for them. After a few blocks featuring validity proofs, there are several more that utilize template proofs. The image below illustrates this approach.

The key reason Zircuit has adopted this form of proof design is that the process of generating ZK proofs is computationally intensive. By using template proofs for some of the blocks in a sequence, Zircuit can reduce the overall computational overhead. However, the project’s team has stated that the template proof model is temporary, and will be phased out in the future. At that stage, the platform will move to generating ZK proofs for each block.

Zircuit features a highly modular design whereby provers — responsible for generating validity proofs on the platform — can easily be plugged into or removed from the network. This modular approach is distinct from the standard ZK rollup design, in which provers are more tightly and less flexibly integrated into the overall architecture.

As noted earlier, Zircuit uses a dedicated sequencer to organize and batch transactions into blocks. The platform also applies AI-driven monitoring at the sequencer level (the Sequencer Level Security, or SLS) to spot and exclude fraudulent transactions before they’re finalized on Layer 2.

When transactions are first posted to Zircuit, they enter the 

 — a temporary area from which the sequencer picks and organizes individual transactions into blocks. The mempool is being monitored at all times, using AI algorithms to identify suspicious transactions. If a transaction in the mempool raises a flag, it's quarantined and assessed for validity before the sequencer can include it in a block. The image below shows how this process works.

One of the distinct features of Zircuit is its hybrid architecture, which combines the properties of optimistic and ZK rollups. At the base level, Zircuit is built using Optimism's Bedrock development framework, a technology popular for optimistic rollup networks. However, the use of ZK proofs — or, to be more precise, a combination of validity proofs and template proofs — ensures that Zircuit enjoys a security level that standard optimistic rollups normally can't match.

The use of AI-based SLS provides robust security to Zircuit, complementing the already highly secure ZK proof system. Very few Layer 2 networks in the industry currently feature anything similar, making the platform a true pioneer of AI use for sequencer-level operations.

Like any rollup based on Optimism Bedrock, Zircuit enjoys EVM compatibility. This allows for smooth interoperability with the underlying Ethereum Layer 1. EVM compatibility also makes it easy for developers familiar with Ethereum’s environment to develop Zircuit-based DApps, or to port existing Ethereum applications to the platform. Developers can take advantage of technologies commonly used for Ethereum (e.g., the Solidity programming language and the Hardhat development framework) to build Zircuit applications and smart contracts.

Zircuit Bridge is a native bridging solution designed to easily transfer tokens between Ethereum and Zircuit. It boasts high security, low transaction fees and fast transfers, and allows users to move a variety of cryptocurrencies between Ethereum and Zircuit, including ETH, 

) and LRTs like Super Symbiotic LRT (weETHs). As of late November 2024, the total number of cryptos supported by the bridge is close to 30.

Zircuit has launched a reward program called Zircuit Points. Users can earn these Points by staking supported assets, and by participating in the Build to Earn initiative (more on this below). Accumulated points will be converted to ZRC tokens in the future. Points also create the opportunity to qualify for token airdrops.

The primary way for most users to earn Zircuit points is via 

. The Zircuit Staking program lets you stake LSTs, LRTs, popular stablecoins, some wrapped tokens and Ether (ETH) to earn points. Using LSTs and LRTs, you can earn yields (along with native Zircuit staking APRs and Points) from the respective staking and restaking platforms that issue these assets.

Zircuit Points earned via staking have different multipliers, depending upon the asset. For example, Ether has a multiplier of 0.5, while LSTs, LRTs and stablecoins have a multiplier of 1. Multipliers for different LST and LRT assets may be subject to change in the future.

Build to Earn is another way to qualify for Zircuit Points. The program allows developers to contribute to the Zircuit ecosystem and earn Points in a number of ways, including:

Launched in November 2024, ZRC is the platform's native cryptocurrency. It's an 

 asset deployed on both Zircuit and Ethereum Layer 1. ZRC is mainly used for reward distributions, and participation in token airdrops for ecosystem DApps. Currently, transaction fees on the network are paid in Ether. It's possible that, in the future, ZRC might be used for some transaction fee payments.

ZRC is also used for rewards under the Gas Rebate program. As users conduct transactions on the platform, they 

. Zircuit’s Gas Rebate program provides rebates to offset some of the incurred fees. The amount of ZRC earned as a rebate is proportional to the amount spent on gas in ETH; the project's documentation states that for each ETH spent on gas, the user earns 125% in ZRC. All kinds of gas fee payments qualify for the rebate, including ordinary asset transfers and transactions involving interaction with Zircuit DApps.

ZRC is a supply-capped token, with a maximum and total supply of 10 billion. The token's supply allocation shares are as follows:

The ZRC token is available on Bybit's Spot market as a swap pair with USDT (

 to grab a share of the 5 million ZRC prize pool. New users who sign up for a Bybit account and complete identity verification can earn ZRC rewards by accumulating a deposit volume of at least 2,000 ZRC, or by depositing 100 USDT and trading 100 USDT worth of ZRC via their first trade with Bybit. 

Meanwhile, existing users can qualify for ZRC rewards by trading at least 500 USDT worth of ZRC on the Bybit Spot market, with the possibility of earning up to 10,000 ZRC based on trading volume. The 

 event will run through Dec 10, 2024, 8:59AM UTC.

Zircuit is among the pioneering Layer 2 platforms to adopt a hybrid design for a rollup network. Thanks to the platform's architecture, users can take advantage of low transaction costs, fast transfers and great scalability while enjoying the benefits of high security delivered by ZK proofs and AI-driven mempool monitoring. AI-based monitoring for fraudulent transactions is a particularly notable feature of the platform and is undoubtedly among the most advanced technologies employed in the blockchain industry.

User security combined with faster and cheaper transactions for the Ethereum network — all in one package — is now feasible, thanks to Zircuit's innovative technology and unique approach!

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What Is Zircuit (ZRC): Where Performance Meets Cutting-Edge Security

Bybit is celebrating its sixth anniversary with the #Super6Bybit event, offering a $1.2 million prize pool and focusing on its bbSOL token.

Daily Top Performer — Virtuals Protocol (VIRTUAL)

On Wednesday, the S&P 500 fell 0.38% as tech stocks dropped and inflation data reinforced a hawkish Fed outlook. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.40%, with Bitcoin and Ether dropping by 1.86% and 1.79%, respectively in the past 24 hours.

Today's top performer is VIRTUAL, which surged 53.6% following the launch of the $MUSIC token by Agentstarter, featuring AI-driven music video capabilities and community-focused tokenomics.

Virtuals Protocol (VIRTUAL), founded in 2021, allows users to invest in and co-own AI-driven virtual assets like companions and influencers. Its model fosters community ownership, transforming AI agents into revenue-generating assets across platforms like Roblox and TikTok. The platform attracts contributors from AI and gaming to drive innovation in virtual economies. 

, using AI to create music videos and offering features like animated videos, voice mimicry, and karaoke tracks. The tokenomics allocate 60% for airdrops, 20% for liquidity, and 10% each for the development team and Virtuals Protocol.

Check Out the Latest Prices, Charts, and Data of 

Bybit is celebrating its sixth anniversary with the 

, offering a $1.2 million prize pool and focusing on its bbSOL token. Launched in September 2024, bbSOL is the first exchange-backed Liquid Staking Token on Solana, providing liquidity and staking rewards. The campaign, running from November 28, 2024, to January 6, 2025, invites participants to build, transform, and supercharge their bbSOL through tasks, leaderboards, and community milestones, increasing rewards. The event combines gaming mechanics, community engagement, and opportunities to win prizes while promoting innovation and growth in the crypto space.

Yesterday, there were no flows in BTC Spot ETFs, including GBTC and non-GBTC categories.

. Stake BNB on Lista's portal to get slisBNB, then deposit it into Astherus to earn airdrop points with multipliers (3X for Lista, 1.15X for Astherus). No lockup is required, and slisBNB is the most efficient option.

Beginner

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Bybit Celebrates 6th Anniversary with $1.2M Prize Pool and bbSOL Supercharging Campaign

Crypto

From online wallets like Tronscan to hardware wallets like Ledger Nano X, find the best Tron Wallet for your TRX today.

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Since its launch into the market in 2017, 

 has quickly risen to become one of the most popular public chains in the crypto space. As a leading decentralized digital platform focusing on providing entertainment, Tron is powered by its native token, Tronix (TRX), which fuels various transactions on the network.

TRX is positioned to remain a top-ranking cryptocurrency, especially due to its superior technical specs which allow fast and cheap peer-to-peer online payments. Holding TRX tokens in online or hardware wallets will not only help you transact quickly on different platforms, but will also grant you access to products designed to decentralize the web.

After thorough research and comprehensive analysis, we’ve compiled the best Tron wallet guide to provide you with dependable information on where to store your TRX.

Let’s begin our exploration of the different facets of TRX storage and management. 

Before we look at the best Tron wallets to store Tron tokens, let’s explore some of the key factors you need to consider before you settle on a particular wallet. They are:

In this era of heightened cybersecurity breaches and hacking, the safest Tron wallets should incorporate the latest advanced technology to ensure privacy and security. Such measures include two-factor authentication (2FA), anti-phishing email phrases and recovery phrases.

No crypto wallet is compatible with all cryptocurrencies. However, most cryptocurrency wallets can be easily integrated with the Tron blockchain to facilitate TRX storage. Compatibility is vital in order to avoid the loss of your tokens.

Whether you’re a novice or an expert, the best Tron wallet should be simple and user-friendly. A clean, easy-to-use interface ensures that you can access all the information that you need at a glance.

Easily accessible customer support will provide you peace of mind in case you get stuck and need further assistance. Extensive FAQ sections and interactive live chat options are welcome additions to a wallet’s customer support kitty.

There’s a common saying in crypto — “not your keys, not your crypto.” Therefore, the best Tron wallet should give you ultimate control over your private keys at all times. 

Check whether the team behind the Tron wallet is 

 with better, more advanced security features. Constant development ensures that the product keeps up with the latest trends to increase efficiency and enhance user experience.

Notable Feature: The Official Tron Explorer With a Built-in Web Wallet

 is a popular choice among TRX owners. Since it’s a decentralized block explorer on the Tron blockchain, Tronscan will provide you with much more than custody of your TRX tokens. Apart from being a wallet, it can also carry out transaction queries, create tokens and obtain data statistics. 

One of Tronscan’s outstanding features is its advanced security design. Tronscan on its own provides basic security support. However, combining it with a Ledger Nano X wallet advances its security capabilities, since users can store their private keys offline on the device, thereby minimizing theft and hacks. 

The tip here is to take extra precautions to keep your keys safe. Placing and accessing them in bookmarks, for instance, can protect you from phishing sites.

The Tronscan wallet is also easy to use and create. Setting up an account on Tronscan is fast and straightforward. You’ll only need to create a wallet, enter a password and receive an encrypted key, which you’ll need to write down (since it’s only generated once). 

Tronscan’s interface is also user-friendly, with minimal clutter. Additionally, transaction history and balances are well displayed, making it easy to navigate and complete trades and swaps on the go. 

Through its blockchain voting system, Tronscan gives users the hassle-free ability to freeze their TRX and gain passive income. Users can also stake their tokens on the Tron blockchain to get TRX rewards.

Notable Feature: Best Tron Wallet for Android

, this mobile app is Tron’s recommended wallet for Android users. It’s simple to use and decentralized, allowing P2P payments and storage of top cryptocurrencies including 

 and TRX. The wallet is available in over 30 languages and caters to crypto enthusiasts across 183 countries.

Its military-grade encryption ensures maximum protection of sensitive data. Advanced encryption ensures that your keys can’t be accessed by third parties, including the TRON Wallet team. The secret 24-word recovery phrase adds an extra layer of security to the wallet. You can also enable face ID and fingerprint unlocking as further security mechanisms on the app.

The Tron Android Wallet also acts as a block explorer, with which users can enter and search queries about transactions, nodes and data statistics. Transactions are completed quickly and safely and recorded directly on the blockchain.

Its multifunctional interface and built-in browser add to the functionalities of this app. As a user, you can access the latest 

 and decentralized products at the click of a button. Using its simple interface, you can easily send and receive tokens at zero fees. You can also deploy 

 on the wallet and swap tokens at a low conversion rate. 

This wallet’s regular release of new versions ensures that users have access to the latest technology and security updates. The in-app support feature is also great, since users can get instant help when stranded, or clarification about any matter on the app.

All these features cement Tron Wallet as the best Tron wallet for Android. It’s easily downloadable on Google Play Store, and takes just a few minutes to set up. 

Notable Feature: Best Tron Wallet for iPhone

, which is a decentralized wallet that provides superior crypto asset management for users. According to its official website, the wallet has over 10 million users, as well as many developers working tirelessly to enhance the wallet as they build on the Tron ecosystem.

Notably, TronLink has advanced data security features, such as local storage of private keys for added safety and multi-layered encryption using a complex algorithm. As one of the most well-rounded wallets on Tron, TronLink is fully compatible with all tokens on the blockchain, including TRX, TRC-10 and TRC-20 tokens.

The wallet is also packed with user-friendly features that are convenient, simple and reliable for any TRX holder. First, it can be connected to the Tronscan blockchain explorer. Its import/create wallet functionality also facilitates easy creation and integration of tokens on the wallet. TronLink even supports HD wallets, the importing of Tron coins from Ledger Nano X wallet through Bluetooth and the creation of several accounts on the wallet.

TronLink caters to all types of users. It can be downloaded on Android, and has a browser extension for Chrome. It’s also one of the best Tron wallets for iPhones, and is easily downloaded on the App Store.

Notable Feature: Best Hardware Wallet to Store TRX 

 provides a solid and secure way to store your TRX. Investing in a Ledger Nano X ensures that your Tron coins are stored in a state-of-the-art hardware wallet with exemplary security features.

As a hardware wallet, you’ll rest safe knowing that your TRX is stored offline, away from the risk of hacking and other security breaches. Upon signing up, as a Ledger Nano X user you’ll be issued a 24-word phrase that will help you recover your wallet.

With your Ledger Nano X, you can connect to the Ledger Live app, a platform that leverages the web3 revolution to help users buy and manage crypto assets using cold wallets. Using the app, you can monitor your portfolio in real time while your assets are securely tucked offline.

Setting up the hardware wallet is simple. You only need to start the device, generate a PIN and proceed to the secret recovery phrase. To manage your TRX, you’ll need to install the Tron app on your Ledger Nano X. Once you’ve installed the app, you also need to create a Tron account and then send TRX to it.

Notable Feature: A Fully Decentralized, Noncustodial Tron Wallet for Staking, Buying and Exchanging

 has provided crypto enthusiasts with a fully decentralized wallet to safely store their crypto tokens. Atomic Wallet provides a secure and easy-to-use interface to manage, stake, buy or swap many cryptocurrencies, including TRX.

, Atomic Wallet doesn’t store your Tron coins itself, but rather keeps them safe on the blockchain. The wallet has no access to your private keys or any sensitive information related to your funds, since they’re all stored locally on your device.

On sign-up, you’ll be issued with a strongly encrypted 12-word backup phrase to ensure only you can access the wallet. Better yet, Atomic Wallet won’t collect your personal data, since no KYC or account verification is needed to use the app.

To store TRX on Atomic Wallet, you’ll need to create and set up a Tron wallet on the app in three quick steps. Having an Atomic Tron wallet will let you buy and swap TRX right from your wallet through a fast and secure payment provider. 

You’ll also receive anonymous cashback once you use the app’s instant exchange to swap your Tron coins with over 60 pairs on the platform.

The ease of use, clean interface, and access to hundreds of crypto tokens and coins make Atomic Wallet one of the best Tron wallets in the market.

 is a simple yet highly dependable multi-chain hot wallet that lets you securely store your digital assets, including TRX coins. With a comprehensive software wallet management system, you can enjoy strong crypto protection. 

With support for offline signing, the wallet also acts as a cold wallet in order to minimize network risks, such as security breaches and phishing.

The imKey hardware wallet ensures that your TRX is protected using a mnemonic phrase and private keys. The military-grade security chip in the hardware wallet adds another layer of protection for your tokens. 

It also has a DApp browser to help you explore and experience both Tron DApps and over 150 other DApps listed on the wallet. 

The imToken’s simple intuitive interface and advanced security features make it a worthy contender for the best Tron wallet for Android and iOS users. You can download its app on Google Play or App Store for free, and quickly set it up to store and manage your TRX and other tokens.

Notable Feature: Multicurrency Wallet That Allows You to Stake TRX

For any crypto enthusiast looking for a multi-faceted platform to store TRX, 

is a perfect choice for storing Tron. Loaded with crypto-friendly features, Trust Wallet is popular with millions of users for its secure and flawless storage of coins and tokens.

Recently acquired by Binance, Trust Wallet continues to stamp its authority around crypto circles, and to provide advanced secure storage of tokens. The 

 doesn’t collect any personal data, which helps protect users’ privacy.

When signing up for the wallet, a seed phrase will be generated to help keep your TRX and other tokens safe. While Trust Wallet is a hot wallet, it stores your funds in cold storage servers, which are safe from security breaches and hackers. 

Better yet, Trust Wallet allows you to stake your TRX tokens to earn voting rights and generate a passive income. The wallet also has a highly functional DApp web3 browser that allows users to seamlessly interact with lots of decentralized apps.

Trust Wallet supports hundreds of coins and tokens, including Bitcoin, Ether, BNB Coin and many more. The app doesn’t earn anything from transactions, since all the fees are paid to its validators. This crypto wallet model makes transacting on the wallet cheap and fast.

The Trust mobile wallet is free to download on Google Play for Android users, and on the App Store for iOS users. You also won’t incur any subscription fees to register on the app. Better yet, you won’t need to confirm your 

Notable Feature: A Noncustodial Multi-chain Wallet 

 is a multi-chain noncustodial wallet that allows users to securely store and manage multiple cryptocurrencies. Users remain in control of their assets, as they’re the only ones with access to their private keys.

As one of the leading hardware cryptocurrency wallets, Guarda supports over 50 blockchains, including Tron, and allows you to securely manage your TRX tokens and 50+ other tokens.

It's available as a desktop, web or mobile wallet, with support for Android and iOS users. You can also install its Chrome extension to conveniently use the desktop wallet without connecting to a browser.

Since Guarda is one of the few custody-free Tron wallets, your personal data can’t be accessed by or leaked to third parties. Another key security feature of Guarda is that it allows hardware wallet integration with your Ledger Nano. Such a feature helps keep your TRX offline, away from hackers or any security breaches.

The Guarda wallet has a clean and simple interface that’s highly responsive and easy to navigate. Getting started on Guarda is also fast. You’ll only need to launch the app (at no fee), create a wallet, generate a password and download the backup — and you’ll be all set.

Where to Buy TRON (TRX) for Your Tron Wallet

Now that you have an idea of the best Tron TRX wallets, why not delve deeper to find out the best places to buy TRX coins? Keep in mind that there are very few options for pure TRX trading. Most exchanges allow trading pairs with either BTC or ETH, but if you’re looking to buy TRX exclusively, several reputable exchanges — such as Bybit, Binance and Kraken — offer great rates. 

Bybit is one of the fastest-growing cryptocurrency exchange platforms in the crypto space. It’s easy to sign up, safe and packed with intuitive tools, including P2P and Express, that will assist you in owning TRX and moving them to your hardware wallet. After buying the stablecoin, 

The trading and withdrawal fees vary, according to one’s membership status and trading volume. However, when compared to the average market fees, Bybit is one of the most advanced yet affordable cryptocurrency platforms. You can access the exchange on a desktop — or download the app in the respective iPhone and Android online stores. 

Bullish on Tron (TRX)? Then sign up with Bybit now for the best prices!

Tron is constantly working on its ecosystem to provide crypto enthusiasts with innovative products. With that in mind, it’s prudent to invest in its native token, TRX, to reap big from this revolutionary platform that works well with many crypto wallets.

Hopefully, our comprehensive guide to the best Tron wallets will shed some light on the right choice for you to store your TRX tokens. As mentioned, you’ll need a wallet that’s safe, easy to use, constantly developing to improve its products, and securely stores your private keys. 

8 Best Tron Wallets to Store TRX in 2022

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards