About TRON
TRX or Tronix is a cryptocurrency running on the TRON blockchain. Its goal is to create a decentralized Internet.
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Trading Insights
Searched
2.3K
Market Stats
Market Cap
₹2.21T
FDV
₹2.21T
Circ. Supply
95B TRX
Max Supply
Not enough data
Total Supply
95B TRX
Diluted Valuation
₹6.90B
Performance
Popularity
Not enough data
Dominance
0.82%
Volume (24H)
₹59.56B
-55.94%
Volume (7D)
₹456.60B
Volume (30D)
₹1.97T
All time high
₹37.74
Price Change (1Y)
134.12%
Additional info about TRON
Recent trends
The latest TRX price is ₹23.32. Compared to TRON's value of ₹24.01 from 24 hours ago, there's been a -3% decrease, while the current price is -7% down from ₹24.90 which was recorded one week ago. TRON's all time high is ₹37.74, which was reached on December 3, 2024. This is a -38% change from its price today.
The market cap is currently ₹2.21T, which is a result of multiplying the current price of TRON(₹23.32) by the total supply(94,827,477,701 TRX). The fully diluted valuation of TRON is ₹2.21T. The diluted valuation of TRON is ₹2.21T.
Market details
TRX vs markets
↗ 70.82%
TRX vs BTC
↗ 45.68%
TRX vs ETH
↗ 232.94%
Tags
media
payments
layer-1
alleged-sec-securities
+2
Network & Addresses
Network | Address | |
|---|---|---|
Tronix | 0 | |
BNB Smart Chain | 0xCE7de646e7208a4Ef112cb6ed5038FA6cC6b12e3 | |
Ethereum | 0x50327c6c5a14DCaDE707ABad2E27eB517df87AB5 |
Price history
Time | Price | Change |
|---|---|---|
Today | ₹23.32 | ↘ 3.10% |
1 Day | ₹24.01 | ↘ 3.11% |
1 Week | ₹24.90 | ↘ 7.30% |
1 Month | ₹23.29 | ↘ 0.98% |
1 Year | ₹9.61 | ↗ 134.12% |
FAQ
TRON (TRX) is a decentralized blockchain-based platform that was developed by the Tron Foundation and launched in 2017. It was initially created with the intention of providing full ownership rights to creators of digital content. The platform supports smart contracts, various types of blockchain systems, and decentralized applications, also known as dApps. TRON seeks to create a decentralized Internet and serves as a tool for developers to create dApps, potentially providing an alternative to Ethereum. The platform uses a transaction model similar to Bitcoin (BTC), with transactions taking place in a public ledger where users can track the history of operations. TRON was founded by Justin Sun, who now serves as CEO.
TRON operates using a consensus mechanism known as delegated proof-of-stake. TRX owners can freeze their cryptocurrency to obtain Tron Power, which allows them to vote for "super representatives" who serve as block producers. These block producers are compensated for verifying transactions, and these compensations are then distributed among the people who voted for them. The platform also supports the creation of coins by content creators, which can be used in their own developed applications. Furthermore, TRON carries out decentralized games on the network, allowing players to encourage and reward creators with digital assets directly.
TRON aims to provide an environment where content creators can connect directly with their audiences. By eliminating centralized platforms, it strives to ensure that creators don't lose as much commission to intermediaries. This could potentially make content less expensive for consumers. TRON also supports the creation of dApps on its network, allowing anyone to offer content and potentially receive digital assets in return for their efforts. The platform's ability to create and openly share content without concern for transaction fees is a key advantage of TRON. Furthermore, TRON is designed to process up to 2000 transactions per second without fees, making it suitable for daily use.
TRON was launched in 2017 by the Tron Foundation, with Justin Sun serving as its CEO. Initially, TRX tokens were ERC-20-based tokens deployed on Ethereum, but a year later they were moved to their own network. The project was created with the aim of providing full ownership rights to makers of digital content. In 2018, TRON acquired the file sharing service BitTorrent. The platform has divided its goals into six phases, which include delivering simple distributed file sharing, driving content creation through financial rewards, allowing content creators to launch their own personal tokens, and decentralizing the gaming industry.
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The current market cap of TRON is ₹2.21T. A high market cap implies that the asset is highly valued by the market.
The all-time high of TRON is ₹37.74. This all-time high is highest price paid for TRON since it was launched.
Over the last 24 hours, the trading volume of TRON is ₹59.56B.
Assets that have a similar market cap to TRON include USDC, Dogecoin, Solana, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of TRON is 95 billion.
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