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Market Cap: $ 3.42 T 24h Vol: $ 195.23 B BTC Share: 54.92%
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TRON (TRX) Price & Chart

TRON
TRX
Buy TRON
Sell TRON
$ 0.250378
0.00000261 BTC
Marketcap
$ 21,606,421,852
Volume (24h)
$ 1,504,850,851
Circulating Supply
86,215,194,398 TRX
Total Supply
86,215,240,323 TRX

 

TRON (TRX) Price Chart

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TRON (TRX) Price History

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Historical Price for TRON
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TRON (TRX) to USD Converter

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What is TRON?

Tronix (TRX) is a coin, initially launched on Ethereum Blockchain as an ERC-20 token. However, in June 2018 Tron foundation launched their own proprietary Blockchain that promised to have higher transaction speeds than Ethereum. The transaction speed of Tron in tests was 2000 Transactions per second (TPS) compared to Ethereum 25 TPS. The shifting from Ethereum blockchain to Tron blockchain was completed by burning 1 billion ERC-20 tokens (TRX). Tron is available on major exchanges such as Binance, OKEx, Huobi, Kucoin, Bittrex etc.

The purpose of TRX coin is to be a decentralized content distribution platform for the social media and digital entertainment industry. Some of the features of TRX includes the ability to upload, save and download images, audio, video, and characters. Tron can be considered as a next generation social media outlet where one can share the content with anyone on the internet and get paid in form of TRX coin. It empowers the user to manage, secure and distribute the content as and when required, thus enhancing the privacy.

Tron is the vision of Justin Sun, who is the founder and CEO of Tron foundation. He remained a chief representative of Ripple (XRP) in China. He is also the founder of "Peiwo" website with a registered user base of over 10 million. The live streaming app of "Peiwo" is fully integrated with Tron. Tron is headed to revolutionize the social media with its decentralization technology.

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