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TRON TRX

Rank #8
$0.3447310.69%24h

24h range $0.342027$0.350038

Smart Contract PlatformLayer 1 (L1)Alleged SEC SecuritiesFTX HoldingsDWF Labs PortfolioTron Ecosystem

TRON price chart · 30D

TRON market statistics

Market capitalisation
$32.72B
Fully diluted valuation
$32.72B
24h trading volume
$756.22M
Volume / market capHigher values indicate more active trading
0.0231
Circulating supply
94.91B TRX
Total supplyMinted so far, including tokens not yet in circulation
94.91B TRX
Max supply
Uncapped
Market cap / FDVBelow 1 means supply is still being released
1.00
All-time high
$0.431288
From all-time highSet Dec 3, 2024
-20.07%
All-time low
$0.00180434
From all-time lowSet Nov 11, 2017
+19005.61%
Price in BTC
0.00000447 BTC
Community sentimentCoinGecko user votes, not a measure of fundamentals
35.0% positive
On watchlists
355,531 users

Launched Aug 28, 2017. Consensus algorithm: Delegated Proof-of-Stake.

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.

Project description supplied by CoinGecko. It reflects the team's own positioning and is not an endorsement.

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