TRON 

TRX Price

What is the TRON (TRX) blockchain?

TRON is an open-source Layer-1 blockchain launched in 2017 by founder Justin Sun. TRON runs smart contracts through the TRON Virtual Machine and operates as a high-volume, low-fee settlement rail for USDT stablecoin transfers. TRX is the network's native coin, used to pay for on-chain resources and to vote in governance. DropsTab classifies TRON under Blockchain, Media, and TRON Ecosystem.

How does TRON's consensus mechanism work?

TRON uses Delegated Proof-of-Stake (DPoS). 27 Super Representatives are elected by TRX holders to produce blocks and validate transactions. TRX holders stake their tokens to gain voting power and elect these block producers. Block production rotates among the 27 elected representatives, giving TRON short block times and high throughput suited to frequent stablecoin transfers.

What is TRX used for on the TRON network?

TRX pays for network resources on TRON, specifically the bandwidth and energy consumed by transactions and smart-contract calls. TRX is also staked (frozen) to earn voting power in Super Representative elections and governance decisions. Freezing TRX grants a recurring allowance of bandwidth and energy. TRX additionally serves as the base trading and settlement asset across the TRON ecosystem.

Does TRON have a maximum supply?

TRON has no maximum supply cap - TRX is structurally uncapped. New TRX is issued as block rewards to Super Representatives, while transaction fees are burned, making net issuance near-deflationary during high-usage periods. Per DropsTab data, TRX first sold at an ICO price of $0.001862 during its 2017 token sale. Current circulating and total supply figures are shown live on the Supply tab.

Is TRON a coin or token?

TRON (TRX) is a native coin on its own Layer-1 blockchain, not a token issued on another chain. DropsTab also tracks a bridged ERC-20 representation of TRX on Ethereum, under contract 0x50327c6c5a14dcade707abad2e27eb517df87ab5, verifiable on Etherscan. This wrapped ERC-20 is a distinct instrument from native TRON-chain TRX, which is why multiple contract addresses can appear for the same ticker.

Which exchanges is TRX traded on?

TRX trades on 100+ markets spanning centralized exchanges (CEX), derivatives venues, and decentralized exchanges (DEX). Spot liquidity is deep, with primary pairs TRX/USDT and TRX/USDC plus fiat pairs in KRW, TRY, EUR and JPY. Perpetual futures trade on major derivatives venues including Binance Futures and Hyperliquid. DEX pairs on Uniswap trade the bridged ERC-20 version of TRX.

What TRX earning campaign did Bitget run in December 2025?

Bitget ran a PoolX Launchpool campaign from December 17 to December 24, 2025. Participants locked TRX, BTT, SUN and JST in the pool to earn a TRX airdrop. The Bitget PoolX campaign concluded on December 24, 2025. Per DropsTab data, this Launchpool is the single tracked earning activity recorded for TRON.

Why did the SEC charge TRON and Justin Sun?

The SEC charged the Tron Foundation and founder Justin Sun on March 22, 2023 over the unregistered offer and sale of TRX as securities. This action is reflected in TRON's "SEC security token" category tag on DropsTab. The securities charge creates ongoing regulatory risk for TRX holders, particularly around the asset's legal classification in the United States.