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About TRON

TRX or Tronix is a cryptocurrency running on the TRON blockchain. Its goal is to create a decentralized Internet.

TRON (TRX) is a decentralized blockchain-based platform that was developed by the Tron Foundation and launched in 2017. It was initially created with the intention of providing full ownership rights to creators of digital content. The platform supports smart contracts, various types of blockchain systems, and decentralized applications, also known as dApps. TRON seeks to create a decentralized Internet and serves as a tool for developers to create dApps, potentially providing an alternative to Ethereum. The platform uses a transaction model similar to Bitcoin (BTC), with transactions taking place in a public ledger where users can track the history of operations. TRON was founded by Justin Sun, who now serves as CEO.

TRON operates using a consensus mechanism known as delegated proof-of-stake. TRX owners can freeze their cryptocurrency to obtain Tron Power, which allows them to vote for "super representatives" who serve as block producers. These block producers are compensated for verifying transactions, and these compensations are then distributed among the people who voted for them. The platform also supports the creation of coins by content creators, which can be used in their own developed applications. Furthermore, TRON carries out decentralized games on the network, allowing players to encourage and reward creators with digital assets directly.

TRON aims to provide an environment where content creators can connect directly with their audiences. By eliminating centralized platforms, it strives to ensure that creators don't lose as much commission to intermediaries. This could potentially make content less expensive for consumers. TRON also supports the creation of dApps on its network, allowing anyone to offer content and potentially receive digital assets in return for their efforts. The platform's ability to create and openly share content without concern for transaction fees is a key advantage of TRON. Furthermore, TRON is designed to process up to 2000 transactions per second without fees, making it suitable for daily use.

TRON was launched in 2017 by the Tron Foundation, with Justin Sun serving as its CEO. Initially, TRX tokens were ERC-20-based tokens deployed on Ethereum, but a year later they were moved to their own network. The project was created with the aim of providing full ownership rights to makers of digital content. In 2018, TRON acquired the file sharing service BitTorrent. The platform has divided its goals into six phases, which include delivering simple distributed file sharing, driving content creation through financial rewards, allowing content creators to launch their own personal tokens, and decentralizing the gaming industry.

Market

Market stats

Market cap

$10.5B

Volume (24h)

$349.9M

Circulating supply

87.6B TRX

All time high

$0.30

Price change (1h)

+0.05%

Price change (24h)

+1.26%

Price change (7d)

+9.49%

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TRON is on the rise this week.

The price of TRON has increased by 0.05% in the last hour and increased by 1.26% in the past 24 hours. TRON’s price has also risen by 9.49% in the past week. The current price is $0.12 per TRX with a 24-hour trading volume of $349.88M. Currently, TRON is valued at 60.01% below its all time high of $0.30. This all-time high was the highest price paid for TRON since its launch.

The current circulating supply of TRON is 87,562,111,362.353 TRX which means that TRON has as total market cap of 87,562,111,362.353.

FAQ

What is the current price of TRON?

We update our TRON to USD currency in real-time. Get the live price of TRON on Coinbase.

What is the market cap of TRON?

The current market cap of TRON is $10.52B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of TRON?

The all-time high of TRON is $0.30. This all-time high is highest price paid for TRON since it was launched.

What is the 24 hour trading volume of TRON?

Over the last 24 hours, the trading volume of TRON is $349.88M.

What other assets are similar to TRON?

Assets that have a similar market cap to TRON include XRP, Lido Staked ETH, USDC, and many others. To see a full list, see our comparable market cap assets.

How many TRON are there?

The current circulating supply of TRON is 88 billion.

Can I buy TRON on Coinbase?

No, TRON is not currently available on Coinbase, but you can sign up to get the latest news on TRON and be notified when it gets added to our exchange.

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