TRON
TRONRank: # 8
Market Cap: $ 33,452,552,160
Volume (24hrs): $ 515,715,615
Circulating Supply: 94,799,036,570 TRX
Price in BTC: Ƀ 0.00000452
Change (1 Hr): 0.46%
Change (7 Days): 0.33%
Change (30 Days): 8.04%
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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- US CLARITY Act brings ‘major spike of euphoria’ to Bitcoin: SantimentCointelegraph.com News - 10 hours agoSantiment warned that the crypto market “typically” moves against crowd expectations, pointing to a recent rise in bullish sentiment driven by renewed momentum around the…
- House committee leaders urge Trump to nominate CFTC members, citing CLARITY ActCointelegraph.com News - 13 hours agoThe US Commodity Futures Trading Commission is currently headed by Chair Michael Selig, with no public statement from Donald Trump about fully staffing the five-member…
- Bitcoin Depot filing casts doubt on company’s future amid lawsuitsCointelegraph.com News - 14 hours agoThe crypto ATM company reported financial difficulties amid a changing regulatory environment and ongoing litigation, which have cost it millions of dollars.Cryptocurrency ATM company Bitcoin…
- ICE, CME press US regulators to 'rein in' Hyperliquid energy trading: ReportCointelegraph.com News - 14 hours agoThe Hyperliquid decentralized exchange allows anyone who stakes 500,000 HYPE tokens, valued at roughly $22.2 million, to deploy new markets.Intercontinental Exchange (ICE) and the Chicago…
- Solayer launches Visa-compatible card for USDC paymentsCointelegraph.com News - 15 hours agoThe new card lets users spend USDC balances through online, in-store and contactless transactions while accessing ATM withdrawals in supported regions.Layer-1 blockchain developer Solayer launched…
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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