Rank #11
TRON Price (TRX)


$0.088983106906 -0.4%
0.00000329 BTC -1.1%
On 229,155 watchlists
24H Range
Market Cap $7,927,816,628
Market Cap / FDV 1.0
24 Hour Trading Vol $185,782,729
Fully Diluted Valuation $7,927,819,068
Circulating Supply 89,068,346,021
Total Supply 89,068,373,438
Max Supply
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TRON Price Chart (TRX)

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TRON (TRX) price has declined today.

The price of TRON (TRX) is $0.088983106906 today with a 24-hour trading volume of $185,782,728.65. This represents a -0.40% price decline in the last 24 hours and a 6.40% price increase in the past 7 days. With a circulating supply of 89 Billion TRX, TRON is valued at a market cap of $7,927,816,628.

What is Tron (TRX)?

Tron is a blockchain-based decentralized operating system much like Ethereum that aims to advance the decentralization of the Internet and its infrastructure. At its core, Tron is a smart contract platform that offers high throughput, high scalability, and high availability for all Decentralized Applications (DApps) in the TRON ecosystem. The Tron blockchain is built around the usability of its native token, Tronix (TRX).

Who created Tron?

The Tron blockchain was created by Tron Foundation, a Singapore based organization that is currently headed by Justin Sun. Prior to creating the Tron Foundation, Sun founded Peiwo, an app that aspires to be the Asian Snapchat. This app got Sun into the 2017 Forbes 30 under 30 list. 

Sun was also the former Chief Representative of Ripple in China and a graduate of Hupan University.

Tron came about after a successful ICO which raised over $70 million in September 2017.

What is the Value of Tron?

Using the blockchain and its decentralized smart contract capability, the idea of Tron is that users will experience a decentralized internet where “middlemen” such as Google and Facebook are not needed for users to access content.

To draw an example, currently the most ubiquitous video sharing platform is Youtube, which is a privately owned company with privately owned servers that stores and serves video to its viewers. However, using Youtube’s services means that creators and users have to comply with Youtube's terms of service and may have to pay for its content in one way or another. Creators on the Youtube platform may earn a share of Youtube’s revenue, but the pay structure is entirely up to Youtube’s discretion. 

Tron aims to replace services such as Youtube and others by becoming the decentralized infrastructure in which users can connect directly with creators and pay the creators directly for the content they wish to consume.

How does the Tron Blockchain work?

The TRON protocol runs on a Delegated Proof of Stake (DPoS) Governance Model. This allows users to perform transactions with close to zero-fee whilst still being resistant towards transaction spam. 

Transactions on the Tron Blockchain are maintained by a consortium of Super Representatives (SR) that are voted in by TRX holders who have locked their stake in the form of Tron Power. There are 27 top-voted Super Representatives and 100 Super Representative Candidates. The hierarchy of SR and SR Candidates are readjusted every 6 hours based on the number of votes they receive from Tron Power holders.

Can I mine Tron?

No, you can’t mine Tron because Tron runs on a Delegated Proof of Stake consensus algorithm. This is different from Bitcoin which uses the Proof of Work algorithm. New Tron tokens are created as block rewards for elected Super Representatives. This serves as an incentive to the Super Representatives in maintaining the integrity of the Tron network. You can participate by staking your TRX and voting for your desired Super Representative.

What can I do on Tron?

At its core, Tron is a smart contract platform. Specifically, it is built to be Ethereum Virtual Machine (EVM) compatible, meaning it has a Turing complete virtual machine capability. Executing smart contracts on Tron is similar to Ethereum. 

On the other hand, whilst Ethereum operates on the gas fee transaction model, Tron operates on the Bandwidth model, which is similar to that of EOS. This is how transactions on Tron can be much cheaper and more seamless than Ethereum.

Just as one can issue smart contract tokens such as ERC-20, ERC-1155 and others on Ethereum, it is also possible to issue smart contract tokens on the Tron too. There are currently 2 token standards possible on Tron, namely TRC10 and TRC20. 

Various TRC10 and TRC20 tokens have been issued on Tron with various use cases.

What can I use TRX for?

There are numerous Decentralized Appliactions (Dapps) built on the Tron Blockchain, many of which require the use of the native Tronix (TRX) token. You can easily swap your TRX for TRC10 tokens which are used by many Dapps on the Tron Blockchain such as BitTorrent, 888Tron and others.

How to store TRX?

The Tron Foundation has made it very easy for users to store and utilize TRX in their day-to-day online activities. The Foundation recommends TronLink and TronWallet as their official community developed wallet. You can also store and use your TRX in most other widely recognized wallet brands such as Trust Wallet, Ledger, Cobo Wallet and others.

Where can I trade TRX?

You can see the full list of exchanges trading TRX right here on this page. CoinGecko continually tracks the latest market movement of TRX and provides this data for you.

Can I trade TRX Derivatives?

Yes, there are various Tron derivative and futures markets. Some examples include the TRXH20 and TRXM20 futures contract on BitMex. Check out the full list of derivative products or derivative exchanges.

Where can you buy TRON?

TRX tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade TRON is Azbit, where the most active trading pair TRX/USDT has a trading volume of $15,714,202.22 in the last 24 hours. Other popular options include Upbit and Coinsbit.

What is the daily trading volume of TRON (TRX)?

The trading volume of TRON (TRX) is $187,690,170.37 in the last 24 hours, representing a -38.70% decrease from one day ago and signalling a recent fall in market activity.

What is the all-time high for TRON (TRX)?

The highest price paid for TRON (TRX) is $0.231673, which was recorded on Jan 05, 2018 (over 5 years). Comparatively, the current price is -61.60% lower than the all-time high price.

What is the all-time low for TRON (TRX)?

The lowest price paid for TRON (TRX) is $0.001804341635, which was recorded on Nov 12, 2017 (almost 6 years). Comparatively, the current price is 4,834.20% higher than the all-time low price.

What is the market cap of TRON (TRX)?

Market capitalization of TRON (TRX) is $7,927,816,628 and is ranked #11 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of TRX tokens (89 Billion tokens are tradable on the market today).

What is the fully diluted valuation of TRON (TRX)?

The fully diluted valuation (FDV) of TRON (TRX) is $7,927,819,068. This is a statistical representation of the maximum market cap, assuming total number of 89 Billion ETH tokens are in circulation today.

How does the price performance of TRON compare against its peers?

With a price increase of 6.50% in the last 7 days, TRON (TRX) is outperforming the global cryptocurrency market which is up 2.50%, while outperforming when compared to similar FTX Holdings cryptocurrencies which are up 2.60%.

What is the market sentiment of TRON today?

The community is bullish as more than 77% of users are feeling good about TRON (TRX) today.

TRON Converter

1 TRX = $0.088983106906

TRX Price Statistics

TRON Price $0.088989020967
24h Low / 24h High $0.088413512188 / $0.089828487791
7d Low / 7d High $0.083536193203 / $0.089729419038
Trading Volume $187,690,170
Market Cap Rank #11
Market Cap $7,927,816,628
Market Cap Dominance 0.707%
Volume / Market Cap 0.0242
All-Time High $0.231673 -61.60%
Jan 05, 2018 (over 5 years)
All-Time Low $0.001804341635
Nov 12, 2017 (almost 6 years)

TRON Markets

Affiliate disclosures
# Exchange Pair Price Spread +2% Depth -2% Depth 24h Volume Volume % Last Updated Trust Score
1 TRX/USDT trx
0.08901 USDT
0.01% $2,960,830 $2,097,576
176662640.800 TRX
Traded recently
120 KRW
0.83% $1,602,062 $3,946,222
36519359.024 TRX
Traded recently
0.0889989 USDT
0.02% $403,439 $2,537,537
8356195.061 TRX
Traded recently
0.088989 USDT
0.03% $1,541,535 $1,021,526
23479058.670 TRX
Traded recently
5 TRX/USDT trx
0.089 USDT
0.1% $1,042,170 $1,518,699
73591201.000 TRX
Traded recently
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