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TRON

TRON

TRX Rank #8
Smart Contract PlatformLayer 1 (L1)Alleged SEC SecuritiesFTX HoldingsDWF Labs Portfolio

Price

$0.3359-1.18% 24h

24h range $0.3364 – $0.3420

Price history

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Price performance

1h

-0.21%

24h

-1.18%

7d

-1.15%

14d

+3.24%

30d

+1.34%

60d

+4.11%

200d

+18.48%

1y

-2.38%

Key statistics

Market cap

$31.9B

-1.18%

Fully diluted valuation

$31.9B

24h trading volume

$467M

1.46% of market cap

Market dominance

1.21%

of $2.62T total

Circulating supply

95.0B TRX

100.0% of total

Total supply

95.0B TRX

Max supply

All-time high

$0.4313

-22.11% · Dec 3, 2024

All-time low

$0.001804

+18517% · Nov 11, 2017

CoinMarketCap rank

#8

1.38K market pairs

Genesis date

Aug 28, 2017

Hashing algorithm

Delegated Proof-of-Stake

Community sentiment

32% bullish

358K watchlists

About TRON

TRON is a decentralized blockchain-based operating system designed to accelerate the decentralization of the internet and its underlying infrastructure. It serves as a global settlement layer for stablecoins and everyday digital purchases, providing a high-throughput environment to support large-scale decentralized applications. The network is governed by a decentralized autonomous organization (DAO), which allows the community to manage the protocol without a central authority. Its primary value proposition includes a unique resource model that utilizes bandwidth and energy to allow for high transaction volumes without traditional fee spikes.

The platform functions as a smart contract platform that enables the creation of decentralized applications and is compatible with the Ethereum Virtual Machine, allowing developers to easily migrate applications. TRON operates using a Delegated Proof of Stake consensus mechanism where token holders vote for 27 Super Representatives to verify transactions and maintain the ledger. This structure is built for scalability and fast finality, aiming to handle more transactions per second than many established legacy blockchains. Users can interact with the ecosystem for various purposes, including decentralized finance (DeFi) through platforms like JustLend DAO and decentralized storage via the BitTorrent File System.

Value moves through the system via its native utility token, TRX, which facilitates transactions and grants users access to network resources. Holders can lock their TRX in a staking mechanism to gain TRON Power, which is used to vote on network rules and elect Super Representatives, earning rewards for securing the network. Established by the TRON Foundation and led by founder Justin Sun, the project has transitioned into a community-led DAO. The ecosystem is supported by strategic partnerships with major global entities, including Samsung, which integrated TRON into its blockchain keystore, as well as BitTorrent, Opera, and Swisscom Blockchain.

Top markets

ExchangePairPrice24h volume
AzbitTRX/USDT$0.3359$96.4M
FameEXTRX/USDT$0.3360$48.9M
BinanceTRX/USDT$0.3358$33.7M
PhemexTRX/USDT$0.3362$27.1M
BTCCTRX/USDT$0.3361$17.1M
HTXTRX/USDT$0.3360$16.8M
GroveXTRX/USDT$0.3360$15.1M
ToobitTRX/USDT$0.3359$13.8M
BitDeltaTRX/USDT$0.3356$13.8M
OurbitTRX/USDT$0.3359$13.5M

Data: CoinGecko (updated 0m ago) · CoinMarketCap