TRON
TRONRank: # 8
Market Cap: $ 27,552,044,905
Volume (24hrs): $ 412,088,324
Circulating Supply: 94,747,191,647 TRX
Price in BTC: Ƀ 0.00000410
Change (1 Hr): 0.16%
Change (7 Days): 1.85%
Change (30 Days): 5.34%
All Time High: $ 0.431288
All Time High Date: December 4, 2024
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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 'passing geopolitical stress test' as BTC price spikes above $72KCointelegraph.com News - 8 hours agoBitcoin price analysis saw conditions slowly “building” to support a breakout as BTC emerged as the strongest macro performer since the Iran conflict began.Bitcoin (BTC)…
- Sweden probes reported leak of e-government platform source codeCointelegraph.com News - 9 hours agoSweden is investigating a reported leak tied to CGI Sverige after hackers claimed they exposed source code from the country’s e-government platform.A threat actor has…
- China’s Alibaba joins stablecoin platform MetaComp’s $35M fundraiseCointelegraph.com News - 10 hours agoMetaComp’s Pre-A+ funding round, backed by Alibaba and Spark Venture, brings the total capital raised to $35 million, with aims to expand its StableX Network…
- Bitcoin's 'extremely precise' macro signal puts $100K target back in playCointelegraph.com News - 10 hours agoUS and China’s yield crossover amid whale buying suggest Bitcoin may be close to a price bottom, setting up for a move toward six figures…
- Vitalik distances himself from nonprofit backed by SHIB donationCointelegraph.com News - 10 hours agoVitalik Buterin said he is no longer closely aligned with the Future of Life Institute after its strategy shifted following his 2021 SHIB donation.Ethereum co-founder…
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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