TRON
Current price
$0.3319
−0.51%24h
LiveUpdated 31s ago
TodayTRON slips 0.5%, outpacing the market.
Scroll to zoom · drag to move · ← → to read pricesPinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour+0.12%
- 24 hours−0.51%
- 7 days−1.19%
- 30 days−2.01%
- 1 year+4.31%
TRON's move in context
Beating the market today
−0.51% today against −3.26% for the market as a whole, a gap of 2.8 points. Small gaps like this are common, so they don't point to anything specific.
Part of a slide
−1.2% over 7 days and −2.0% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About TRON
TRON: A Decentralized Platform for the Digital Entertainment Industry
TRON is a blockchain-based platform that aims to decentralize the internet by creating a global digital content sharing system. Launched in 2017 by Justin Sun, TRON initially focused on revolutionizing the entertainment industry, providing a platform for creators to share their content without intermediaries. Over the years, TRON has expanded its ecosystem to include decentralized applications (dApps), decentralized finance (DeFi), and more.
Key Aspects of TRON
Focus on Digital Entertainment: TRON was initially conceived as a platform to decentralize the entertainment industry, allowing content creators to directly distribute their work to consumers without the need for intermediaries like YouTube or Spotify. This approach empowers creators by giving them more control over their content and revenue.
High Throughput and Scalability: TRON boasts a high throughput, capable of handling up to 2,000 transactions per second (TPS). This scalability makes TRON a suitable platform for applications with high transaction volumes, such as gaming and social media dApps. The network's speed and efficiency have contributed to its growing adoption in various sectors.
Delegated Proof of Stake (DPoS): TRON uses a Delegated Proof of Stake (DPoS) consensus mechanism, which involves 27 "Super Representatives" that validate transactions and maintain the network. This system ensures faster transaction times and greater efficiency compared to traditional Proof of Work (PoW) mechanisms. However, it has also raised concerns about centralization.
TRON Ecosystem and Partnerships: The TRON ecosystem has expanded significantly since its launch, now including a wide range of dApps, DeFi projects, and other blockchain services. TRON has also formed strategic partnerships with various companies and organizations to enhance its platform's capabilities and reach. One notable partnership is with BitTorrent, the popular file-sharing protocol, which was acquired by TRON in 2018.
TRX Cryptocurrency: TRX is the native cryptocurrency of the TRON network, used for transactions, staking, and participating in the network's governance. TRX can also be used within the TRON ecosystem to access various services and dApps, making it a versatile and widely-used digital asset.
Challenges and Future Outlook: While TRON has made significant strides in the blockchain industry, it has faced criticism for its centralization and accusations of copying other projects' code. Despite these challenges, TRON continues to innovate and expand its ecosystem, with a focus on becoming a leading platform for decentralized applications and digital content distribution.
TRON market
- Position by market cap among the coins we track.
- #8
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $31.53B
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.3302High $0.3347
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $0.4443
- Now 75% of itReached 3 Dec 2024 · Needs +34% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 95B TRX
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- No limit listed
- The most coins that can ever exist. Some coins have no limit.
TRON converter
1 TRON = $0.3319
