
TRON
trx#8
$0.317307
+1.23%24h Price Range
$0.313335
$0.317776
+1.23%
24h Change
+1.89%
7d Change
+2.45%
14d Change
+11.54%
30d Change
+12.06%
60d Change
+32.77%
1y Change
Market Cap Rank
#8
Market Capitalization
24h Trading Volume
FDVFully Diluted Valuation
Volume / Market Cap
Circulating Supply
Total Supply
24h Range
/
All-Time High
-26.43%
Recorded Dec 4, 2024
All-Time Low
+17485.76%
Recorded Nov 12, 2017
About Project
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.
Developer Activity
GitHub Stars
Forks
Contributors
Subscribers
Total Issues
Closed Issues
4w Commits
PRs Merged
4w Changes
/
Converter

TRX
U
Rate
1 TRX≈0.317307 $
+1.23%10:14 AM