TRON
TRONRank: # 8
Market Cap: $ 34,065,619,866
Volume (24hrs): $ 486,651,541
Circulating Supply: 94,803,063,954 TRX
Price in BTC: Ƀ 0.00000463
Change (1 Hr): 0.03%
Change (7 Days): 2.60%
Change (30 Days): 9.45%
All Time High: $ 0.431288
All Time High Date: December 4, 2024
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| Date | Open | Close | High | Low | Volume |
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| # | Source | Pair | Volume | Price | Change | Updated |
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- Euro stablecoin project Qivalis adds 25 banks ahead of launchCointelegraph.com News - 12 hours agoQivalis expands to 37 banks after adding 25 new members across 15 countries, boosting euro stablecoin plans ahead of a second-half 2026 launch.Qivalis, a European…
- OpenAI launches overseas AI lab in Singapore with $234M commitmentCointelegraph.com News - 12 hours agoOpenAI is opening its first overseas applied AI lab in Singapore through a $234 million partnership expected to create more than 200 technical roles.OpenAI is…
- Bitwise calls HYPE ‘most mispriced’ crypto despite 77% rise this yearCointelegraph.com News - 14 hours agoBitwise’s Matt Hougan says Hyperliquid’s token is not priced as if it is tied to a “global super-app,” arguing the platform is more than just…
- Trump orders review of fintech firms' access to Fed payment servicesCointelegraph.com News - 14 hours agoFinancial regulators are also asked to review regulations that could be amended to streamline applications for eligible fintech firms seeking bank and credit union charters.…
- GitHub investigates unauthorized access to internal repositoriesCointelegraph.com News - 15 hours agoGitHub said the activity involved the exfiltration of about 3,800 internal repositories, and it removed the malicious code extension. GitHub said on Wednesday it is…
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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