Tron
TRXPrice
$0.053469
24 Hour % Change
4.70%
Market Cap
$3.83B
Volume (24h)
$1.93B
USD
Linear
Log
to
Key metrics
24 Hour Low
$0.050248
24 Hour High
$0.053528
Net change
$0.002399
24 Hour Open
$0.051086
All time high
$0.231673
Total Supply
71.66B
Returns (24H)
4.70%
Returns (YTD)
97.04%
Volatility (30d)
1.49
Transaction Count (24h)
2.83M
Average Transaction Fee (24h)
n/a
Value Transacted (24h)
$163.30M
About Tron
Category
Software Platform
Value proposition
Global computer
Justin Sun founded the Tron Foundation in Singapore in 2017 with the aim of creating a protocol that could “decentralize the internet” and support decentralized applications. Beginning on Ethereum, it migrated onto its own blockchain in 2018, and Sun has now directly positioned Tron as a competitor to Ethereum. According to the foundation, the July 2018 acquisition of BitTorrent further cemented TRON’s leadership in pursuing a decentralized ecosystem. In 2019, Tron and Tether announced a partnership to launch USDT on the Tron blockchain as a TRC-20 token – the protocol’s equivalent of a ERC-20 – with the aim of improving liquidity on decentralized exchanges. According to the project’s whitepaper, the network is based on a proof-of-stake system, in which 27 “super representatives,” or SRs, produce blocks for the network. A total of 336,384,000 TRX are awarded annually to the SRs.
Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms.
Foundations - Consensus: Distributed
May 13, 2020
May 13, 2020
Balance Sheets To The Moon?
Mar 7, 2021
By Jianing Wu This is the first installment of our blog series on bitcoin's growing demands. Bitcoin has come under heavy scrutiny from the investment community. The fact that its price skyrocketed to $58,350 per bitcoin - almost three times higher than its 2017 peak - has attracted people's attention.
Bitcoin For Investors In 3 Ways
Mar 4, 2021
By Will Peck Everyone has a bitcoin take these days. It's "going to the moon." It's "digital gold." It's "magic internet money." It's a "fraud." A quick Google search will yield a lot of these results - believe us, it is very easy to go down rabbit holes on the
Bitcoin’s price crested an all-time high $40,000 mark while DeFi total value locked hits a new record on market fervor.
Nearly 100 DeFi-friendly WBTC have already been minted as TRC-20 tokens on Tron.
Bitcoin breaks $34K while ether futures continue to gain steam.
