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TRON

TRON priceTRX

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Quote currency:
USD
TRX
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USD
1 TRX = 0.1395 USD
Last updated 2024-03-05 09:48:05(UTC-0)

TRON price live data summary

The live price of TRON is $0.1395 per (TRX / USD) today with a current market cap of $12.26B USD. The 24-hour trading volume is $532.83M USD. TRX to USD price is updated in real time. TRON is -1.04% in the last 24 hours. It has a circulating supply of 87,942,800,000 .

What is the highest price of TRX?

TRX has an all-time high (ATH) of $0.3004, recorded on 2018-01-05.

What is the lowest price of TRX?

TRX has an all-time low (ATL) of $0.001091, recorded on 2017-09-15.

When is a good time to buy TRX? Should I buy or sell now?

When deciding whether to buy or sell TRX, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget TRX technical analysis can provide you with a reference for trading.
According to the TRX 4h technical analysis, the trading signal is Sell.
According to the TRX 1d technical analysis, the trading signal is Buy.
According to the TRX 1w technical analysis, the trading signal is Buy.

TRON price performance in USD

24h7d30d90d1yAll-time
-1.04%-1.33%+18.98%+34.91%+108.58%+6698.89%

TRON price history in USD

TimeLowHigh
24h$0.1394$0.1413
7d$0.1394$0.1441
30d$0.1178$0.1441
90d$0.09805$0.1441
1y$0.05538$0.1441
All-time$0.001091(2017-09-15, 6 years ago )$0.3004(2018-01-05, 6 years ago )

TRON market information

Market capCombinedShapeIcon
$12,264,937,362.4
-1.04%
Fully diluted market capCombinedShapeIcon
$12,264,949,534.93
-1.04%
Volume (24h)CombinedShapeIcon
$532,833,285.19
+57.31%
Market rankingsCombinedShapeIcon
Circulation rateCombinedShapeIcon
+99.00%
24h volume / market capCombinedShapeIcon
0.0434
Circulating supplyCombinedShapeIcon
87,942,800,000 TRX
Total supply / Max supplyCombinedShapeIcon
87.94B TRX
-- TRX
ICO price
$0.001900 ICO details
share

TRON ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

TRON Social Data

In the last 24 hours, the social media sentiment score for TRON was 0.1, and the social media sentiment towards TRON price trend was Bearish. The overall TRON social media score was 13,802, which ranks 15 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,269,393 times, with TRON being mentioned with a frequency ratio of 0.01%, ranking 95 among all cryptocurrencies.

In the last 24 hours, there were a total of 0 unique users discussing TRON, with a total of TRON mentions of 182. However, compared to the previous 24-hour period, the number of unique users decrease by 0%, and the total number of mentions has increase by 14%.

On Twitter, there were a total of 10 tweets mentioning TRON in the last 24 hours. Among them, 60% are bullish on TRON, 0% are bearish on TRON, and 40% are neutral on TRON.

On Reddit, there were 0 posts mentioning TRON in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% . Additionally, there were 0 comments mentioning TRON. Compared to the previous 24-hour period, the number of mentions decrease by 0%.

All social overview

Average sentiment(24h)
0.1
Social score(24h)
13.80K(#15)
Social contributors(24h)
0
0%
Social mentions(24h)
182(#95)
+14%
Social dominance(24h)
0.01%
Twitter
Tweets(24h)
10
+100%
Twitter sentiment(24h)
Bullish
60%
Neutral
40%
Bearish
0%
Reddit
Reddit score(24h)
0
Reddit posts(24h)
0
0%
Reddit comments(24h)
0
0%

About TRON(TRX)

What Is TRON?

TRON is a public open-source decentralized network designed to transform the digital entertainment industry by bridging the gap between content creators and consumers, thereby eliminating intermediaries. The aim of TRON is to establish a free, global digital entertainment ecosystem where users can create, store, and distribute their content, controlling the entire process. TRON was originally created on the Ethereum network and had the native token, TRX, follow the ERC-20 standard. In 2018, TRON released their own blockchain and began the era of being an independent peer-to-peer network.

Founded by Justin Sun in 2017, TRON Foundation, the organization behind TRON, has a vision to "decentralize the web". Since then, TRON has made a name for itself in the blockchain industry being one of the most robust networks with a host of diverse decentralized solutions, including cryptocurrencies, stablecoins, DAOs, lending and borrowing protocols, crypto wallets, NFT marketplaces, etc.

Resources

Whitepaper: https://tron.network/static/doc/white_paper_v_2_0.pdf

Official website: https://tron.network/

How Does TRON Work?

TRON utilizes a three-layer architecture, divided into a Storage Layer, Core Layer, and Application Layer.

The Storage Layer

The Storage Layer is responsible for storing the data involved in the operation of the TRON network. It utilizes a distributed storage protocol that allows for easy data access and modifications.

The Core Layer

The Core Layer is where all the operations are carried out. It consists of several modules, including the smart contract, account management, and consensus. The smart contract system supports Solidity language and is compatible with Ethereum smart contracts. Account management uses a dual-key system to maintain privacy while providing a convenient user experience.

TRON consensus mechanism is based on the Delegated Proof-of-Stake (DPoS) protocol, where TRX token holders elect Super Representatives (SRs) to support network and validation functions. This consensus mechanism enhances transaction speed and overall efficiency.

The Application Layer

The Application Layer is where developers can build and deploy their apps. It has a user-friendly structure that allows developers to create a wide variety of applications with ease.

Since TRON was originally a fork of Ethereum, it is EVM-compatible. Yet, instead of following Ethereum's PoW, the network implements a customized consensus mechanism called TRON's Delegated Proof of Stake (TPoS). In TPoS, TRON users can stake TRX to vote for Super Representatives (SRs) every six hours. There are a total of 27 SRs responsible for recording and validating transactions on TRON. SRs receive TRX tokens as rewards for their services.

The TRX Token

The TRX token, also known as Tronix, is the native cryptocurrency of the TRON network. It is used in the network to perform a variety of functions. For instance, users need TRX to access content and apps on the network. Content creators, on the other hand, are rewarded with TRX tokens when users consume their content.

TRX also plays a crucial role in the network’s governance. TRX holders can vote for Super Representatives, who then validate transactions and produce blocks. The more TRX tokens a user holds, the greater their voting power in the network. This not only provides a degree of democratic control over the network's operations but also incentivizes participation in the network’s governance.

What Determines TRON's Price?

The current TRON price is a subject that captivates investors and traders alike, given that it is influenced by multiple factors. One of the primary aspects affecting the TRON coin price or TRX price is its circulating supply. A high circulating supply usually exerts downward pressure on the current TRON price, as evidenced by its latest market trends.

Additionally, the TRON price today is notably influenced by its stability and ongoing development activities. Originally created as an ERC-20 token on the Ethereum blockchain, TRON later transitioned to its independent blockchain. This step towards increased stability and continuous introduction of new use-cases and partnerships can significantly boost the TRON USD price.

TRON Price Analysis and Market Correlation

Another vital element in any TRON price analysis is its relationship with Bitcoin and broader crypto market trends. Like numerous other altcoins, TRON's price often aligns with Bitcoin, the market leader. Nonetheless, TRON possesses its unique ecosystem and use-cases, mainly in the entertainment and content-sharing industries, which can, to a degree, decouple its price from Bitcoin.

Market sentiment, frequently visible through TRON coin news and TRON price prediction articles, plays a pivotal role as well. Positive news can lead to increased buying activity, propelling the TRON price live higher, whereas negative updates can produce the inverse effect.

The Role of Investor Interest in TRON Crypto Price

Investor interest and adoption rates significantly impact the TRON crypto price. With a growing array of decentralized applications (dApps) and smart contracts on its platform, TRON is gathering momentum. This activity often manifests itself on the TRON price chart and leads to various TRX price forecasts.

TRON's Blockchain Activities and Their Effect on Price

Finally, the performance metrics of the TRON blockchain, such as rapid transactions and the ability to handle large volumes, can act as indicators that the TRON coin value may either surge or decline.

The current TRON price results from a complex interplay of factors like supply, development initiatives, market sentiment, and overall market trends. Whether you're contemplating buying TRON or merely tracking the TRX USD price for future investment, comprehending these influencing elements can offer invaluable insights into the future TRON price.

Conclusion

In conclusion, TRON is an innovative layer-1 blockchain that aims to revolutionize the digital entertainment industry by providing a decentralized platform where content creators and consumers can interact directly. The TRX token acts as the fuel of the platform, facilitating transactions and enabling participation in network governance. As the world continues to explore the potentials of blockchain technology, TRON undoubtedly stands as a leading example of how it can redefine industries.

How to buy TRON (TRX)

Buying TRON on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to How to buy TRON (TRX) .

Trade TRX perpetual futures

After having successfully signed up on Bitget and purchased USDT or TRX tokens, you can start trading derivatives, including TRX futures and margin trading to increase your income.

The current price of TRX is $0.1395, with a 24h price change of -1.04%. Traders can profit by either going long or short onTRX futures.

Join TRX copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or TRX tokens, you can also start copy trading by following elite traders.

TRON news

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BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals

Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.

Coindesk2023/12/18 21:31#Markets#Bitcoin ETF#BlackRock
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Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain

The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

Coindesk2023/11/16 08:00#Business#Sushi#SushiSwap
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Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally

“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”

Coindesk2023/07/25 12:47#Business#Twitter#DOGE
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Bitcoin Inscriptions Not a Fading Trend | Crypto Daily Digest Sep. 8

While Bitcoin NFT sales have declined, Ordinals inscriptions continue rising.

TokenInsight2023/09/08 13:49#Bitcoin#NFT
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Friend.tech Gaining Momentum | Crypto Daily Digest Aug. 22

The latest update you need to know about Friend.tech

TokenInsight2023/08/22 15:31#Social#Coinbase

People are also inquiring about the price of TRON.

What is the current price of TRON?

We update our TRON to USD price in real time. Get the live Price of TRON on Bitget.

What is the 24 hour trading volume of TRON?

Over the last 24 hours, the trading volume of TRON is $532.83M.

What is the all-time high of TRON?

The all-time high of TRON is $0.3004. This all-time high is highest price for TRON since it was launched.

Can I buy TRON on Bitget?

Yes, TRON is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Tron guide.

Can I get a steady income from investing in TRON?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy TRON with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

How does TRON's value compare to other cryptocurrencies?

TRON is unique due to its focus on decentralizing web content and digital entertainment. While it has often been among the top 10 cryptocurrencies by market cap, its exact rank and value compared to others vary based on market conditions and the performance of other coins.

What is the history of TRON's price?

TRON (TRX) was introduced for the first time in September 2017, founded by Justin Sun. Its initial coin offering (ICO) price was US$0.0019. In the early phase of 2018, TRON reached its all-time high of around US$0.23. However, the euphoria was short-lived as the cryptocurrency space entered a bearish trend for the remainder of the year, causing TRON's value to slump below US$0.02 by the year's end. In 2019, the currency displayed relative stability, oscillating mostly between US$0.01 and US$0.04. 2021 witnessed a more volatile TRON, which fluctuated between US$0.03 and US$0.14, reflecting the broader volatility in the cryptocurrency market. In 2022, TRON was traded between US$0.05 and US$0.07. As of August 2023, the price of TRON is US$0.076

Is TRON (TRX) a good investment?

In the digital landscape, TRON emerges as a standout with its unique proposition to decentralize content sharing, aiming to be a cornerstone of the Web 3.0 evolution. This ambition positions TRON in direct contrast to the dominant streaming platforms of today. By harnessing decentralized technology, TRON offers a reimagined way for content to be shared and consumed, creating a user-centric experience. This distinct approach doesn't just resonate with users; it also garners the attention of savvy investors, presenting TRON as a potentially enticing investment opportunity. The rising wave of Web 3.0 adoption further enhances TRON's allure. As this new era of the internet unfurls, TRON's principles of decentralization place it at the vanguard. Moreover, with developers on the lookout for alternatives to platforms like Ethereum for dApp deployment, TRON's appeal is on an upward trajectory. Its blockchain stands out, not just for its scalability and high throughput but also for its commitment to energy efficiency through the delegated proof-of-stake consensus mechanism. However, as with any investment, due diligence and consultation with financial experts are essential before making decisions.

What functionalities does TRON offer?

TRON is designed as a decentralized platform for content sharing, specifically targeting the entertainment industry. Some of its main functionalities include: - Decentralized Applications (dApps) Development: Developers can create and deploy smart contracts and dApps on the TRON network. - Content Sharing: TRON enables content creators to publish, store, and distribute their content without intermediaries, potentially allowing them to earn more from their creations. - Token Creation: Beyond the native TRX, TRON supports the creation of custom tokens, expanding opportunities for individual projects and ICOs within its ecosystem. - Decentralized File Storage: With its acquisition of BitTorrent, TRON emphasizes decentralized file sharing and storage capabilities. - Staking and Voting: TRX holders can participate in network governance by staking their tokens and voting for Super Representatives. Overall, TRON aims to build a decentralized internet infrastructure, making web content and digital entertainment more democratic and accessible.

Is it possible to mine TRON?

No, TRON cannot be mined in the traditional sense. Instead of using a proof-of-work (PoW) system like Bitcoin, TRON uses a delegated proof-of-stake (DPoS) system. In this model, TRX holders vote for a select group of representatives, known as Super Representatives, who then validate and produce blocks. While you can't mine TRON directly, you can participate in the network by staking TRX and voting for Super Representatives.

How does staking TRON work, and how does it impact its value?

Staking is a pivotal aspect of TRON's (TRX) blockchain, relying on its Delegated Proof-of-Stake (DPoS) consensus mechanism. Users who wish to participate in staking need to "freeze" their TRX, transforming it into Tron Power (TP), which enables them to vote for Super Representatives (SRs). These SRs are tasked with producing blocks and validating transactions. In return for their work, SRs earn newly minted TRX, and they often distribute a portion of this reward to their voters as an incentive. Over time, stakers can accumulate additional TRX, and if they decide to cease staking, they can unfreeze their assets after a brief waiting period. The act of staking can influence TRON's market value in various ways. When substantial amounts of TRX are staked, they are effectively removed from the circulating supply, which could lead to a price increase due to supply-demand dynamics. Furthermore, a well-staked network signifies a deep community commitment, enhancing the network's security and instilling trust among participants and potential investors. This alignment of interests between TRX holders, SRs, and the TRON network can foster a secure environment, potentially bolstering TRX's value. However, it's essential to recognize that staking is only one of several factors determining TRX's market price, with external elements like market sentiment, technological developments, and regulatory changes also playing significant roles.
Cryptocurrency investments, including buying TRON online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy TRON, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your TRON purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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