TRON

trx Rank #8 ASSET

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Market Data

TRON Price

$0.33

TRON 24h Change

-0.69%

TRON 7d Change

-9.57%

TRON Market Cap

$31.70B

TRON 24h Volume

$679.00M

TRON FDV

$31.70B

TRON Circulating Supply

94,817,116,411

TRON All-Time High

$0.43

About TRON

TRX (Tronix) is the native utility token of the TRON network, a decentralized blockchain-based operating system launched in 2017 by the TRON Foundation. Originally an ERC-20 token on Ethereum, TRX migrated to its own independent network in 2018. The protocol utilizes a Delegated Proof-of-Stake (DPoS) consensus mechanism, where token holders elect 27 Super Representatives to validate transactions and maintain the ledger. TRX is used to power transactions, pay for network services, and participate in governance. The network is designed for high throughput and scalability, supporting decentralized applications (DApps) and smart contracts with Ethereum Virtual Machine (EVM) compatibility. TRON serves as a global settlement layer for stablecoins and digital content, further expanding its ecosystem through the acquisition of BitTorrent and the establishment of the TRON DAO.