TRON
TRONRank: # 8
Market Cap: $ 29,742,243,824
Volume (24hrs): $ 443,526,238
Circulating Supply: 94,764,558,982 TRX
Price in BTC: Ƀ 0.00000470
Change (1 Hr): -0.04%
Change (7 Days): 0.60%
Change (30 Days): 10.37%
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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- Stablecoins flip automated clearing house volume in FebruaryCointelegraph.com News - 10 hours agoStablecoin monthly transaction volume hit $7.2 trillion in February, surpassing the $6.8 trillion processed by the Automated Clearing House network.Stablecoin transaction volume surpassed the US…
- Circle to launch cirBTC wrapped Bitcoin, challenging BitGo and CoinbaseCointelegraph.com News - 11 hours agoCircle, known for issuing stablecoins including USDC and EURC, is expanding into the Bitcoin space, targeting institutional users.Stablecoin issuer Circle said it plans to launch…
- Bitcoin miner Riot sold 3,778 BTC during Q1 amid profitability pressuresCointelegraph.com News - 11 hours agoArkham also flagged a 500 Bitcoin outflow from Riot on Thursday, while MARA Holdings, Genius Group and Nakamoto Holdings sold a combined 15,501 Bitcoin in…
- Big Tech firms back new x402 Foundation to advance agentic AI adoptionCointelegraph.com News - 13 hours agoThe x402 protocol won’t be owned by a single entity, with the Linux Foundation serving as the agentic AI protocol’s “neutral, non-profit home,” Coinbase said.Google,…
- New Bitcoin price lows on the table until $76K becomes supportCointelegraph.com News - 16 hours agoBitcoin data shows a series of bearish trading patterns that could usher in new price lows if the key support at $60,000 fails to hold.…
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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