
$0.3231
1h
+0.04%
24h
-0.21%
7d
-2.96%
Market Cap
$30.6B
24h Volume
$451M
Circ. Supply
94.79B TRX
Total Supply
94.79B TRX
Max Supply
∞
All-Time High
$0.4313
ATH Date
Dec 4, 2024
Market Cap Rank
#8
Compare top exchanges. All verified safe and regulated.
When you sign up through our links, we earn a commission. You pay nothing extra. We only recommend exchanges we trust.
Affiliate disclosure →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.
Bitcoin rebounds from key support as traders eye renewed push toward $80,000
CoinDesk · 49m ago
Mezo unveils institutional bitcoin yield vaults as demand grows to put idle BTC to work
CoinDesk · 1h ago
Celsius founder Alex Mashinsky settles FTC case with $10M payment
Cointelegraph · 1h ago
1 TRX = $0.32 · Rate refreshes live
TRON (TRX) is ranked #8 by market capitalisation with a current market cap of $30.6B. TRON is a decentralized blockchain-based operating system designed to accelerate the decentralization of the internet and its underlying infrastructure.
You can buy TRON on several major exchanges: Binance (global, lowest fees), Bybit (great for derivatives), KuCoin (widest altcoin selection), and Coinbase (best for US users). If you're in Nigeria, South Africa, Kenya, or Malaysia, Luno is an excellent regulated option. Simply create an account, verify your identity, deposit funds, and place a market or limit buy order for TRX.
Whether TRON is a good investment depends on your financial goals and risk tolerance. Cryptocurrency is highly volatile. TRON has a current market cap of $30.6B, which reflects its market position. Always do your own research (DYOR), never invest more than you can afford to lose, and consider consulting a financial advisor. CoinGlance does not provide financial advice.
The price of TRON is determined by supply and demand on cryptocurrency exchanges worldwide. Key factors include: overall market sentiment, Bitcoin's price movement, protocol developments, regulatory news, macroeconomic factors, and social media activity. The current 24h trading volume of $451M reflects market activity.
You can store TRON in several ways. Exchange wallets (like Binance or Coinbase) are convenient but carry counterparty risk. Software wallets give you control of your private keys. For maximum security, hardware wallets like Ledger or Trezor store your keys offline. Remember: not your keys, not your coins.
Bitcoin (BTC) is the original cryptocurrency, primarily used as a store of value. TRON (TRX) is a different asset with its own unique use case. Both can be purchased on the same exchanges, but they serve different purposes in a portfolio.