The live Tron (TRX) price is $0.151665, with a 24 hours CoinTide trading volume of 472.04K. The price of Tron changed by +2.65% in the past 24 hours. With a circulating supply of 87.34B TRX and a maximum supply of 87.34B TRX coins. Tron currently ranks #15 in market cap. You have the option to purchase Tron (TRX) on the CoinTide exchange.
(TRX) Tron Live Price Data
Market | Price | 24h % | 24h High | 24h Low | 24h Volume | |
---|---|---|---|---|---|---|
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$0.151665 | +2.65% | 0.152144 | 0.14747 | 476829.699 | Trade |
About Tron (TRX)
Tron (TRX) is a blockchain platform designed to decentralize the internet and enable peer-to-peer content sharing and distribution. Founded by Justin Sun in 2017, Tron aims to revolutionize the entertainment industry by eliminating intermediaries and empowering content creators and consumers. Buying TRX on TronWallet is fast and secure. Sign up for an account, complete the verification process, deposit funds, and start trading. Explore our guide on How to Buy Tron (TRX).
What is Tron (TRX)?
Tron (TRX) is a decentralized blockchain platform that aims to create a borderless internet where content can be freely shared and distributed. Utilizing blockchain technology, Tron enables direct transactions between content creators and consumers, eliminating intermediaries and reducing costs. TRX serves as the native cryptocurrency of the Tron network, facilitating transactions and incentivizing network participation.
Who Created Tron?
Tron (TRX) was created by Justin Sun, a prominent entrepreneur and cryptocurrency enthusiast. Sun founded the Tron Foundation in 2017 with the vision of decentralizing the internet and revolutionizing the entertainment industry. Since its inception, Tron has experienced significant growth and adoption, with a thriving ecosystem of dApps, decentralized finance (DeFi) projects, and content platforms built on its blockchain.
History of Tron
The history of Tron (TRX) dates back to its initial coin offering (ICO) in 2017, where it raised funds to support the development of its blockchain platform. Since then, Tron has evolved into a multifaceted ecosystem with a focus on decentralized content sharing, gaming, and financial services. Key milestones include the acquisition of BitTorrent, the launch of the Tron Virtual Machine (TVM), and the migration to the TRC-20 token standard.
Tron Blockchain Technology
Tron (TRX) operates on its blockchain, a decentralized ledger that records all transactions and smart contract executions. The Tron blockchain supports high throughput and low latency, enabling fast and scalable transactions. Additionally, Tron incorporates a delegated proof-of-stake (DPoS) consensus mechanism, where elected representatives validate transactions and secure the network, ensuring reliability and security.
Tron Token Standards: TRC-20 and TRC-10
Tron (TRX) supports two primary token standards: TRC-20 and TRC-10. TRC-20 tokens are fully compatible with the Ethereum ERC-20 standard and are used to represent digital assets, including stablecoins, utility tokens, and security tokens, on the Tron blockchain. TRC-10 tokens, on the other hand, are native tokens issued directly on the Tron network and primarily used for token sales, rewards, and in-game assets.
Tron Tokenomics
The tokenomics of Tron (TRX) are designed to support its ecosystem and incentivize network participation. TRX has a maximum supply limit of 100 billion tokens, with a portion allocated for ecosystem development, community rewards, and protocol governance. Additionally, TRX holders can participate in staking and voting to secure the network and earn rewards, further enhancing the token's utility and value proposition.
Tron Total and Circulating Supply
Tron (TRX) has a maximum supply of 100 billion tokens, with a significant portion already in circulation. As of the latest data, approximately [insert circulating supply here] TRX tokens are actively traded and utilized within the Tron ecosystem. The controlled release and ecosystem incentives contribute to maintaining a healthy supply-demand balance and enhancing the token's value proposition.
Tron Highlights
Tron (TRX) is at the forefront of blockchain innovation, aiming to decentralize the internet and empower content creators. With its robust blockchain technology, diverse ecosystem of dApps, and support for token standards like TRC-20 and TRC-10, Tron offers a platform for seamless content sharing, gaming, and financial services. As a leading player in the decentralized space, Tron continues to drive forward the vision of a borderless, decentralized internet, providing users with greater control and accessibility to digital content and services.
TRX to local currency
- 1 TRX to USD0.1482572600
- 1 TRX to EUR0.1336199900
- 1 TRX to AUD0.2223039400
- 1 TRX to KRW198.485
- 1 TRX to JPY21.117
- 1 TRX to GBP0.113
- 1 TRX to INR12.451
- 1 TRX to CAD0.201
- 1 TRX to RUB13.384
- 1 TRX to AMD57.191
TRX to crypto currency
- 1 TRX to BTC0.0000027493
- 1 TRX to ETH0.0000666131
- 1 TRX to USDT0.1482593600
- 1 TRX to CNT0.0000000000
- 1 TRX to BNB0.0003053396
- 1 TRX to SOL0.0011872842
- 1 TRX to XRP0.2829238100
- 1 TRX to ADA0.4697290100
- 1 TRX to LTC0.002
- 1 TRX to DOGE1.603