TRX
TRX

Tron price

$0.29198
+$0.0095800
(+3.39%)
Price change from 00:00 UTC until now
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Tron market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
Market cap
$25.13B
Circulating supply
86,252,894,716 TRX
Market cap ranking
8
24h high
$0.29224
24h low
$0.26823
All-time high
$0.45000

TRX calculator

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Tron price performance in USD

The current price of Tron is $0.29198. Since 00:00 UTC, Tron has increased by +3.39%. It currently has a circulating supply of 86,252,894,716 TRX and a maximum supply of 86,253,013,303 TRX, giving it a fully diluted market cap of $25.13B. At present, the Tron coin holds the 8 position in market cap rankings. The Tron/USD price is updated in real-time.
Today
$0.0095800
+3.39%
7 days
-$0.02408
-7.62%
30 days
$0.12357
+73.37%
3 months
$0.14304
+96.03%

About Tron (TRX)

4.0/5
Certik
4.5
12/10/2024
CyberScope
4.4
12/11/2024
TokenInsight
3.1
04/03/2023
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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TRON (TRX) is a blockchain platform founded by crypto entrepreneur Justin Sun in 2014. It is focused on changing the landscape of the media and content creation industry. TRON helps media and content creators retain ownership of their work while being rewarded directly by consumers. With TRON, creators do not need to sell their work rights to big corporations to reach a large audience.

The TRON blockchain does not charge any fees for using the network. Despite the lack of gas fees, the network still supports as many as 2000 transactions per second. The blockchain is maintained through a Delegated Proof-of-Stake (DPoS) consensus mechanism. In TRON's case, 27 Super Representatives are nominated to validate transactions and secure the blockchain. To reduce the possibility of such a small number of people conspiring to take down the blockchain, the Super Representatives are changed every six hours.

The TRX token is the native token of the TRON blockchain and is used to reward media and content creators. Although created as an Ethereum-based ERC-20 token, it is now a purely TRON-based token built according to TRON's TRC-20 token standard. Consumers use TRX to reward media and content creators on the TRON blockchain for their work.

Since moving TRX from Ethereum and the ERC-20 token standard to TRON's TRC-20 token standard, new wallets have had to be created for storing TRX tokens and interacting with the broader TRON ecosystem. While the TRON Foundation hasn't released any wallets, several TRX-compatible wallets, such as Tronlink and imToken have been developed by members of the TRON community and third-party organizations.

TRX price and tokenomics

TRX is designed to have a maximum supply of slightly more than 100 billion TRX tokens. Currently, 71.6 billion TRX tokens are in circulation, with a little over 28.4 billion TRX tokens set to be released in the coming years, giving TRX an estimated market capitalization of $5.75 billion.

In its initial coin offering (ICO), 40 billion TRX tokens were allocated to investors, 15.75 billion were channeled to private sale buyers, ten bullion to the TRON Foundation, and the remaining 35 billion were distributed to the Peiwo app.

The TRON network burns coins to deflate the currency and rewards its users. However, the maximum limit TRX is not fixed and could be subject to change in the future. The Super Representatives validate transactions and add blocks of transactions to the TRON blockchain. For each new block added, the validator who added the block is rewarded with 32 TRX tokens.

Ultimately TRX is a deflationary token since its supply is capped. All the remaining TRON tokens are distributed as mining rewards to the representatives securing the blockchain by validating transactions.

About the founders

TRON was founded by Justin Sun, a Chinese entrepreneur in the crypto space with a business executive background. Before founding TRON, Justin Sun had worked in the crypto space as a representative of the crypto payments and remittance infrastructure provider Ripple.

TRON was initially known as Tronix and rebranded to TRON in 2017 when the platform became a blockchain, and the TRON foundation was created to oversee the project. TRON started as an ERC-20 token on the Ethereum network. However, after alleged spats with Vitalik Buterin, Ethereum's founder, the ERC-20 TRON token migrated to its own blockchain after the mainnet launch in 2018.

The TRON Foundation was dissolved in 2021, and the project is now run and maintained by members of the TRON community. Sun continues as the official ambassador of the project. Before starting with cryptocurrencies, Sun founded Peiwo in 2013, one of the biggest voice apps in China. The app is a mixture of Snapchat and a matchmaking site. It's currently functioning on the TRON network.

TRX developments

Over the years, TRON has been involved in various partnerships. In September 2022, Tron announced a partnership with crypto market maker Wintermute to boost the availability of TRX and other tokens on the TRON blockchain.

The partnership will see Wintermute become a member of TRON's decentralized autonomous organization (DAO), contribute to decisions on the platform's future, and acquire TRON's stablecoin USDD directly from the blockchain.

In exchange, Wintermute will provide liquidity for TRX and other TRON tokens on decentralized finance (DeFi) services like Uniswap, making accessing these tokens and the TRON ecosystem easier.

In September 2022, Tron launched the third season of its 2022 Grand Hackathon, with $1.2 million in prizes up for grabs. The contest is open to all developers and features challenges along six tracks, including DeFi, GameFi, and non-fungible tokens (NFTs).

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Learn more about Tron (TRX)

How to bridge to Tron
Blockchains are usually self-contained systems and lack the ability to communicate with other chains, creating difficulties for users when transferring money. The purpose of building what the crypto space call ‘bridges’ is to address this issue. Through , individuals can efficiently transfer their funds between different chains. Cryptocurrency bridges promote blockchain interoperability and enhance the ease of digital asset transfer. 
Sep 20, 2024|OKX
TRON wallet multisignature scams: what they are and how to avoid them
As blockchain technology becomes more widespread, the security of digital assets is increasingly critical. Towards this end, the multisignature (multisig) mechanism is a security measure that's gaining attention and adoption among users. Through this system, a wallet can be controlled by multiple users, requiring several signatures to complete a transaction. This can be compared to a safe that needs multiple keys to open — only when all keyholders cooperate can the safe be accessed.
Sep 2, 2024|OKX|Intermediate
What is TRON (TRX)? Your complete guide to the disruptive blockchain network
What comes to mind when you think of TRON? The movie or the innovative blockchain platform? Grab your popcorn and read on as we explore TRON's blockchain ecosystem — a key player in the cryptocurrency and blockchain industry that's intriguing participants and tech enthusiasts alike.
Apr 25, 2024|OKX|Beginners

Socials

Posts
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 4.5K new posts about Tron, driven by 1.4K contributors, and total online engagement reached 2.6M social interactions. The sentiment score for Tron currently stands at 76%. Compared to all cryptocurrencies, post volume for Tron currently ranks at 1448. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Tron.
Powered by LunarCrush
Posts
4,459
Contributors
1,431
Interactions
2,589,473
Sentiment
76%
Volume rank
#1448

X

Posts
3,522
Interactions
884,594
Sentiment
85%

TRX FAQ

How much is Tron worth today?
Currently, one Tron is worth $0.29198. For answers and insight into Tron's price action, you're in the right place. Explore the latest Tron charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Tron, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Tron have been created as well.
Disclaimer
The content on this platform ("Content"), is sourced from external parties and sources not affiliated with OKX. OKX does not endorse or guarantee the accuracy, reliability, or suitability of the Content , and we are not responsible or liable for any errors, delays, or inaccuracies. The Content, including any external links, are for general informational purposes only and is not intended to provide (i) investment advice; (ii) a recommendation, offer, or solicitation to buy, sell, or hold any crypto asset or to engage in any specific trading strategy; or (iii) investment, financial, accounting, legal, or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, and their value can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult a legal, tax, and/or investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning.
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TRX calculator

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