Market stats
Market cap
$30.2B
24h volume
$451.9M
Circulating supply
94.8B TRX
Max supply
—
Fully diluted valuation
$30.2B
Total supply
94.8B TRX
All-time
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.
TRON FAQ
What is the current price of TRON?
The current price of TRON (TRX) is $0.3187. The price is updated in real time using live market data.
What is TRON's market cap?
TRON has a market capitalization of $30.2B, making it the #8 cryptocurrency by market cap.
What is TRON's all-time high?
TRON reached its all-time high of $0.4313 on Dec 4, 2024. The current price is -26.10% from the all-time high.
How much TRON is in circulation?
There are currently 94.8B TRX in circulation, out of a total supply of 94.8B TRX.
How much trading volume does TRON have?
TRON had $451.9M in trading volume over the past 24 hours.