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TRON TRX
TRX Price
Market Cap
$27.13 BRank #8FDV
$27.17 BRank #13Investors
X Followers
Detailed Performance
TRX shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
TRX to USD Converter
Exchanges
Exchanges type
What is TRON (TRX)?
TRON was Justin Sun’s answer to the question, “What if the Internet didn’t need middlemen?” Founded in 2014, it launched as an ERC-20 token before going fully independent in mid-2018. The chain runs on Delegated Proof-of-Stake (DPoS), which keeps it fast, cheap, and community-governed. Since then, it’s handled billions of transactions, onboarded hundreds of millions of users, and hasn’t missed a single beat of uptime.
How does TRON’s token model actually stay in balance?
TRX is the fuel for everything — transactions, voting, and network power. In 2021, TRON flipped its economics from inflationary to deflationary. Every block and vote mints a bit of new TRX, but usage burns tokens through energy and bandwidth fees. That push-and-pull keeps the network active without bloating supply — a practical system that rewards activity instead of idle holding.
How was TRX originally distributed?
TRON’s ICO in 2017 was quick and decisive: three days, $70 million raised. Public investors received 40 % of the supply, the TRON Foundation 34 %, private investors 15.75 %, and Peiwo Huanle Co. 10 %. Everything unlocked immediately, giving the market real liquidity from the start — no multi-year cliffs or slow drips.
Who helped fund TRON’s expansion?
After the ICO, TRON grew through bold acquisitions and fresh capital. It bought BitTorrent in 2018 for about $130 million, merging 100 million users into its ecosystem. Later came $210 million from Bravemorning Limited and a $30 million personal investment from Justin Sun. By 2025, Grayscale and Bitwise were adding TRX to their crypto funds — a sign of growing institutional trust.
Where do most people trade TRX?
Pretty much everywhere. Binance, HTX, KuCoin, and Uniswap lead the list, with USDT pairs carrying most of the volume. On-chain, SunSwap V3 dominates liquidity for TRX/USDT — showing how deeply TRON is tied to stablecoin markets. Whether you’re swapping on an exchange or moving funds across borders, TRX liquidity is rarely hard to find.
Why does TRON matter so much for stablecoins?
It’s the unsung backbone of the stablecoin economy. Around three-quarters of all USDT transfers now happen on TRON. That means billions in value move daily — fast, cheap, and with near-instant confirmations. For traders, fintechs, and payment apps, TRON’s stability and speed make it the default settlement rail for dollar-pegged crypto.
What’s on TRON’s roadmap next?
The focus now is on refinement: faster consensus, lighter nodes, and smarter fee models. Upcoming updates include incremental state processing and adaptive fees for smart contracts. Long term, TRON’s working toward parallel transaction execution and a hybrid DPoS + pBFT system — aiming for even higher throughput and quicker finality.
What risks come with TRON’s design?
It’s efficient but not flawless. Only 27 Super Representatives validate blocks, raising centralization concerns. Regulators also keep an eye on its massive stablecoin traffic and Justin Sun’s influence. Still, TRON’s uptime, energy efficiency, and sheer user activity give it real staying power — a blockchain built less on hype and more on consistency.
Live TRON Price Data
The current price of TRON (TRX) is approximately $0.2869, reflecting a increase of 1.19% in the last 24 hours. The TRX trading volume in the last 24 hours stands at $779.14 million. TRON's market cap is currently $27.13 billion, accounting for about 1.03% of the total crypto market cap. The circulating supply of TRX is 94.72 billion.