TRON
TRONRank: # 8
Market Cap: $ 26,839,060,661
Volume (24hrs): $ 654,482,148
Circulating Supply: 94,729,456,181 TRX
Price in BTC: Ƀ 0.00000422
Change (1 Hr): -0.45%
Change (7 Days): 1.28%
Change (30 Days): -4.62%
All Time High: $ 0.431288
All Time High Date: December 4, 2024
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- Historical Data
- Markets
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- News
| Date | Open | Close | High | Low | Volume |
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| # | Source | Pair | Volume | Price | Change | Updated |
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- Bitcoin options market structure leans toward $60K retest in FebruaryCointelegraph.com News - 4 hours agoBitcoin may stay capped under $70,000 as traders deploy bearish options strategies, and spot BTC ETF outflows point to a retest of the yearly low.Key…
- Kraken’s xStocks tops $25B in volume with more than 80K onchain holdersCointelegraph.com News - 5 hours agoBlockchain-based versions of US stocks are drawing growing investor activity, with onchain wallets and cross-venue trading expanding rapidly.Kraken’s tokenized equities platform, xStocks, has surpassed $25…
- Bitcoin Lightning Network exceeds $1B in monthly volume: ReportCointelegraph.com News - 5 hours agoAnalysis by Bitcoin services company River forecasts a transaction surge as individuals and businesses experiment with AI agentic payments.Monthly transaction volume on the Bitcoin (BTC)…
- Bitcoin’s monthly losses break records, but history says a turnaround is brewingCointelegraph.com News - 5 hours agoBitcoin is on course to lock in another negative month, but one analyst says major differences in the current market structure could be a sign…
- SEC leaders seek to clarify how tokenized securities interact with existing regulationCointelegraph.com News - 6 hours agoPaul Atkins and Hester Peirce spoke at ETHDenver on Wednesday on the future of regulation at the SEC and its response to crypto market volatility.Paul…
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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