$0.3346
+0.003001 (+0.91%)24H
TRON price, last 12 months
0.37560.33460.2696
TRON market data
- 24H High
- $0.3364
- 24H Low
- $0.3313
- 24H Volume
- 88.82M TRX
- All Time High
- $0.4500
- All Time Low
- $0.006840
- Correlation with BTC
- 0.27
- Return on Investment
- +569.20%
- Market Cap
- $31.83B
About TRON
TRON (TRX) is a decentralized blockchain-based operating system developed by the Tron Foundation and launched in 2017. Originally TRX tokens were ERC-20-based tokens deployed on Ethereum, but a year later they were moved to their own network.Initially, the project was created with the aim of providing full ownership rights to makers of digital content. The main goal is to help content creators (who receive only a small part of the income) and encourage them with more rewards for their work. How: invite content consumers to reward content makers directly (without intermediaries like YouTube, Facebook or Apple).The TRON software supports smart contracts, various kinds of blockchain systems, and decentralized applications aka dApps. The cryptocurrency platform uses a transaction model similar to Bitcoin (BTC), namely UTXO. Transactions take place in a public ledger, where users can track the history of operations.Therefore, the platform was built to create a decentralized Internet and serves as a tool for developers to create dApps, acting as an alternative to Ethereum. Anyone can create dApps on the TRON network, offer content, and in return receive digital assets as compensation for their efforts. The ability to create content and share it openly without hesitation regarding transaction fees is an undeniable advantage of TRON.
TRON social sentiment
BullishBullish
- 92 Bullish
- 21 Neutral
- 22 Bearish
TRON on-chain holders
Holding Amount
Distribution of addresses by the amount of tokens held.
- 0-1K99.90%
- 1K-100K0.10%
- 100K+0.00%
Time Held
Distribution of addresses by how long tokens have been held.
- Cruisers32.16%
- Holders63.90%
- Traders3.94%
Whale Holdings
Percentage of tokens held by whale addresses vs others.
- Others28.07%
- Whales71.93%
Cryptocurrencies similar to TRON
TRON whitepaper summary
TRON is a user-friendly blockchain platform that makes it easy to build and use decentralized applications (DApps).
It functions as a faster, more efficient version of Ethereum that lets developers create smart contracts and digital assets with lower fees and quicker transaction times.
The platform processes over 2500 transactions per second and hosts one of the largest DeFi ecosystems in crypto.
TRON continues to make blockchain technology more accessible to everyone, from developers to everyday users, with particular strength in stablecoins and DeFi applications.
TRON works like a super-fast digital network that can handle many more transactions than traditional blockchains.
Imagine a highway with thousands of lanes instead of just a few - that's how TRON processes transactions compared to older systems.
The platform uses DPOS (Delegated Proof of Stake) to keep everything running smoothly.
Instead of having thousands of computers all trying to verify transactions at once, TRON has 27 'Super Representatives' that users vote for to handle this job.
When using TRON's network, you need two types of resources: bandwidth and energy.
Bandwidth is like paying for the size of your transaction - similar to how larger packages cost more to ship.
Energy is what you need for running smart contracts, comparable to how your phone needs battery power to run apps.
TRON is fully compatible with Ethereum's tools and programming language (Solidity), allowing developers to easily migrate their projects.
The network has implemented significant upgrades since launch, including enhanced smart contract functionality and improved cross-chain bridges for seamless asset transfers between different blockchains.
TRX is TRON's native token that powers the entire network.
When performing actions on TRON - whether sending money, creating smart contracts, or using DApps - you'll need TRX.
The network uses a unique resource model where instead of paying gas fees like on Ethereum, users need bandwidth and energy.
You can obtain these resources by either freezing (temporarily locking up) your TRX or paying a small fee in TRX.
TRON supports different types of tokens: TRC-20 (similar to Ethereum's ERC-20) for digital currencies, and TRC-721 for unique digital items (NFTs).
The platform has become particularly notable for hosting USDT (Tether) transactions, with more USDT circulating on TRON than any other blockchain due to its low fees and fast processing times.
The platform offers various DeFi protocols and yield farming opportunities, enabling TRX holders to earn passive income through staking and liquidity provision.
TRON's development focuses on making blockchain technology more accessible and practical for everyday use.
The platform continues improving its infrastructure to handle more transactions and support more complex applications.
Key priorities include expanding TRON's DeFi ecosystem, improving cross-chain compatibility, and developing more tools to help developers build on TRON easily.
The platform has expanded its focus to include Web3 infrastructure development, metaverse integration, and enhanced stablecoin support.
Recent initiatives include developing artificial intelligence applications on the blockchain and further optimizing network performance.
TRON continues pursuing its vision of decentralizing the internet while adapting to emerging trends in cryptocurrency, such as institutional adoption and regulatory compliance.
TRON was founded by Justin Sun, a prominent figure in the cryptocurrency space who previously worked with Ripple.
The platform is now governed by the TRON DAO (Decentralized Autonomous Organization), enabling community participation in important decisions about its future.
The development team includes experienced blockchain engineers and developers from around the world.
They regularly collaborate with other blockchain projects and contribute to making TRON more efficient and user-friendly.
Since its inception, TRON has established multiple strategic partnerships with major technology companies and financial institutions.
The TRON DAO has created various sub-organizations focused on specific aspects of the ecosystem, such as development, marketing, and community engagement.
Latest TRON news
coinmarketcap.com
Tron Inc. Plans to Sell $200 Million in Stock
coinmarketcap.com
Polygon Labs Completes Acquisition of Coinme, Expanding Payment Infrastructure
coinmarketcap.com
CZ Questions NDA Amid $80M+ Ledger Wallet Hack Investigation
coinmarketcap.com
Justin Sun Warns Crypto Has Two Years to Prove Itself
coinmarketcap.com
THORChain Swap Fees Surge Significantly
TRON FAQ
TRON (TRX) is trading at $0.3346, up 0.91% over the last 24 hours.
The market cap of TRON is $31.83B, ranking #7 among cryptocurrencies.
Our model's year-end 2026 target for TRX is $0.5771.
Our model's 2030 target for TRX is $4.62.
On the daily chart TRX currently shows 2 buy signals and 4 sell signals. This is not investment advice.
The all-time high of TRX is $0.4500.
This page is for informational purposes only and is not investment advice. Cryptocurrency prices are highly volatile.