Thursday, April 18, 2024
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$ 0.108961
0.00000171 BTC
$ 9,516,188,668
Volume (24h)
$ 550,338,511
Circulating Supply
87,614,121,812 TRX
Total Supply
87,614,072,758 TRX

Live TRON Chart

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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.

TRON Historical Data

TRX increased by 0.49% in the last hour.

TRX decreased by -1.13% in the last 24 hours.

TRX  decreased by -8.76% over the past 7 days.

TRX  decreased by -7.55% over the past 30 days.

TRX’s all-time high reached $ 0.231673 on January 5, 2018, and it’s currently 52.97% compared to its all-time high.

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Historical Price for TRON

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