TRON Price

Track TRON Price Today, Live TRX Price Chart & Market Cap

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TRON Price Live Data

24H Range
$?0.192826
24H Range
$?0.19853
52W Range
$?0.097616
52W Range
$?0.206593
ATH & ATL Range
$?0.001091
ATH & ATL
$?0.302062
TRON Price$?0.19639
Market Cap$?16.96B
Diluted Market Cap $?19.50B
24H Volume$?1.40B
Vol. / M. Cap Ratio 0.0823
Dominance 0.53%
ATH $?0.302062 (-35%)
ATH Date Jan 5, 2018
ATL $?0.001091
ATL Date Sep 15, 2017
Cycle Low $?0.00735
Cycle High $?0.206658
Circ. Supply 86.36B (87%)
Total Supply 86.36B
Max Supply 99.28B
Supply Inflation -6.48% (Low)
Volatility 7.81% (High)
PlatformTRX
Release Date Jul 1, 2017
Fear & Greed Index 82 (Extreme Greed)
Sentiment Bullish
Show more ↓

TRON price today is $?0.19639 with a 24-hour trading volume of $?1.40B, market cap of $?16.96B, and market dominance of 0.53%. The TRX price decreased -0.37% in the last 24 hours.

TRON reached its highest price on Jan 5, 2018 when it was trading at its all-time high of $?0.302062, while TRON's lowest price was recorded on Sep 15, 2017 when it was trading at its all-time low of $?0.001091. The lowest price since it's ATH was $?0.00735 (cycle low). The highest TRX price since the last cycle low was $?0.206658 (cycle high). The TRON price prediction sentiment is currently bullish , while Fear & Greed Index is showing 82 (Extreme Greed).

TRON's current circulating supply is 86.36B TRX out of max supply of 99.28B TRX. The current yearly supply inflation rate is -6.48% meaning -5.98B TRX were created in the last year. In terms of market cap, TRON is currently ranked #4 in the Proof-of-Stake Coins sector, ranked #1 in the Tron Network sector and ranked #8 in the Layer 1 sector.

Highlights

  • Price has increased by 99% in the last 1 year
  • Outperformed 56% of the in 1 year
  • Trading above the
  • Positive performance compared to
  • in the last 30 days (53%)
  • Trading near
  • Has liquidity based on its market cap
  • Trading on KuCoin
  • Yearly inflation rate is

Risk Analysis

  • Outperformed by
See All Risk Checks

TRON Token Sale

Initial Price $?0.0019
Start DateAug 31, 2017
End DateSep 2, 2017
ROI [USD]103.36x
ROI [BTC]4.96x
ROI [ETH]11.83x
TypeICO
PlatformTRX
More InfoTRON ICO

The price of TRON in the ICO was $?0.0019 and the token sale ended on Sep 2, 2017. Since then, TRX price increased 103.36x against US Dollar, increased 11.83x against Ethereum and increased 4.96x against Bitcoin. To learn more about TRON ICO click here.

TRON Performance

Change1H24H7D1M3M6MYTD1Y3Y5YALL
TRONUS Dollar TRX/USD -0.07%-0.37%9.87%23.67%27.17%70.78%84.40%99.47%91.73%1,279%9,486%
TRONBitcoin TRX/BTC 0.26%-5.33%1.47%-14.17%-20.47%20.62%-20.01%-25.40%12.57%2.19%304.32%
TRONEthereum TRX/ETH 0.04%-0.67%13.61%4.82%8.58%105.70%35.68%27.32%156.33%-33.75%786.63%
TRONTether TRX/USDT -0.07%-0.37%9.87%23.67%27.17%70.78%84.40%99.47%91.73%1,279%9,486%

TRON price in US Dollar has increased by 23.67% in the last 1 month. TRX is up 4.82% against Ethereum and down -14.17% against Bitcoin in the last 1 month.

TRON Quarterly Returns

YearQ1Q2Q3Q4Total
2017----10.34%1,874%2,078%
2018-23.59%11.48%-41.63%-14.79%-57.63%
201927.26%33.68%-54.87%-8.35%-29.64%
2020-12.70%41.08%60.03%2.40%101.84%
2021245.86%-26.61%31.21%-15.71%180.74%
2022-1.97%-12.38%-5.85%-10.34%-27.50%
202319.82%16.38%16.55%22.03%98.33%
202413.65%1.30%25.09%----
Average 38.33%9.28%5.11%264.15%334.85%

The top-performing year for TRON was 2017 when the price of TRX increased by 2,077.80% from $?0.002049 to $?0.044619. The worst performing year for TRON was 2018 when the price dropped by -57.63% from $?0.044619 to $?0.018905. The average yearly growth of TRON over the last 8 years is 334.85% per year. Usually, TRON performs best in Q4 with an average of 264.15% gain and worst in Q3 with 5.11% gain.

TRON Price Closing History by Level

PriceDays Above% of TRON's Life
$?0.302062 ATH--
$?0.3000.00%
$?0.2500.00%
$?0.2030.11%
$?0.19639 Price Now60.23%
$?0.1980.30%
$?0.18100.38%
$?0.17130.50%
$?0.16461.75%
$?0.15963.66%
$?0.141174.46%
$?0.131736.59%

The table above shows the number of days which TRON closed above a certain price level.

TRON Price & ROI on this Date

DatePriceROI
Nov 21, 2024 Today$?0.19639-
Nov 21, 2023$?0.1011494.18%
Nov 21, 2022$?0.050393289.72%
Nov 21, 2021$?0.10520686.67%
Nov 21, 2020$?0.026594638.46%
Nov 21, 2019$?0.016571,085.18%
Nov 21, 2018$?0.0140941,293.39%
Nov 21, 2017$?0.0021399,083.47%

The table above shows the price and ROI of TRON today and previous years on the same date (Nov 21).

TRX Exchanges

TRON is being traded on 112 cryptocurrency exchanges, including Binance and KuCoin. $?1.40B worth of TRON changed hands in the last 24 hours. If you wish to purchase TRX, check our guide on how to buy TRON in 6 steps.

ExchangePrice Volume Action
Binance$?0.197196$?108.65M$?0.197196$?108.65M Trade Now
KuCoin$?0.197165$?5.57M$?0.197165$?5.57M Trade Now
Kraken$?0.197049$?2.20M$?0.197049$?2.20M Trade Now
Bybit$?0.197196$?13.39M$?0.197196$?13.39M Trade Now
OKX$?0.197187$?12.41M$?0.197187$?12.41M Trade Now
gate.io$?0.197087$?5.34M$?0.197087$?5.34M Trade Now
Binance Futures$?0.197252$?105.70M$?0.197252$?105.70M Trade Now
PrimeXBT$?0.197252$?424,368$?0.197252$?424,368 Trade Now
UPbit$?0.198916$?11.32M$?0.198916$?11.32M Trade Now
AscendEX$?0.19717$?2.51M$?0.19717$?2.51M Trade Now

About TRON

TRON is an open-source blockchain platform that went live in June of 2018. Prior to the mainnet launch, the platform’s native asset TRX existed as an ERC-20 token on the Ethereum (ETH) blockchain. The TRON blockchain is designed to host smart contracts and decentralized applications (dApps). Similar to the concept popularized by Ethereum, TRON can also be used to issue custom blockchain-based tokens, which must adhere to the project’s own technical standards, such as TRC-10 and TRC-20.

Here’s a quick overview of key facts about TRON and its core blockchain features:

  • TRON is a blockchain platform that uses a delegated proof-of-stake (DPoS) mechanism to reach a consensus about the state of its ledger
  • The TRON ecosystem consists of a native NFT marketplace, interoperable BitTorrent Chain, sidechains, and a decentralized stablecoin USDD (USDD)
  • The TRON network shares a lot of similarities with Ethereum, both due to its token standards and smart contract functionality
  • Chinese cryptocurrency billionaire Justin Sun founded the TRON foundation in 2017 to pursue a “truly decentralized Internet”
  • The native digital currency of the TRON ecosystem, the TRX token, was initially sold in an ICO in 2017 at a price of roughly $0.0019 per coin

What is TRON and how does it work?

The TRON platform aims to provide the scalability required to support popular dApps by employing a delegated proof-of-stake (DPoS) architecture. This design allows the TRON network to perform fast transactions with minimal fees. This has allowed the platform to become one of the most active in the industry in terms of transaction volume – TRON-native Tether (USDT), for instance, regularly tops the lists of most transacted cryptocurrencies.

TRX holders use their tokens to vote for Super Representatives (SRs), which maintain the TRON blockchain. At any given time, the 27 SR candidates with the most votes are active and take part in the TRON blockchain’s consensus process. 

Some of TRON’s biggest competitors when it comes to popular blockchain platforms for smart contracts and dApps are Solana and Ethereum. Projects such as BitTorrent (BTT) and WINkLInk (WIN) have used the TRON platform to create their own tokens and raised funding through token sales.

TRON employs a 3-layer blockchain design, with a dedicated storage, core, and application layer. TRX, which stands for TRONIX, is issued by TRON DAO, a decentralized autonomous organization (DAO) governing the TRON ecosystem. TRX is used as a primary medium of exchange and as the main asset covering transaction fees on the network.

Creation of TRON

The TRON project was founded by Chinese entrepreneur Justin Sun, and its development is headed by the TRON Foundation, which was established in 2017. The TRX token started trading on cryptocurrency exchanges in September of 2017, after the successful completion of the project’s initial coin offering (ICO) campaign in August 2017. In total, 15,200 BTC (worth approx $70 million at the time) were raised in the month-long public sale of 40 billion TRX.

Sun acquired San Francisco-based tech company BitTorrent Inc. in 2018. By leveraging the sizable existing user base of BitTorrent’s products, the TRON team aims to boost the adoption of the TRON blockchain. BitTorrent launched BitTorrent Token (BTT), its own token on the TRON blockchain, in 2019.

It is worth noting that Sun has drawn substantial amounts of criticism over the years, both for his often brash and outspoken behavior and for allegedly copying features from competing blockchain platforms (such as decentralized stablecoin, token standards, etc.).

According to TRON’s 10-year roadmap, the final stage of the TRON development outlined in the white paper is slated to roll out in 2027. In the future, the TRON team intends to pursue safer and faster TROM Virtual Machine (TVM) operations for enhanced smart contract functionality, better cross-chain support, and deeper decentralized finance (DeFi) integrations, with an end goal of building an all-encompassing Web3 hub.

Overview of the TRON Ecosystem

In the years since its founding, the TRON project has grown to become one of the most feature-rich platforms in the industry thanks to its extensive suite of blockchain products and services. The platform features a dedicated non-fungible token (NFT) marketplace, fungible and non-fungible token standards, a specialized dApp system, an interoperable BTT Chain, a decentralized stablecoin, and more. We’re going to discuss each of these features in more detail in the following sections.

Native TRON tokens

TRON allows for the creation of new tokens via three distinct token standards whose role in the ecosystem is similar to the role of ERC-20, ERC-721, and others on the Ethereum platform. Here’s a quick breakdown of TRON token standards:

  • TRC-10 - TRC-10 tokens are based on the TRON blockchain rather than TVM. Each TRON network account can issue a new TRC-10 token by paying a one-time fee of 1,024 TRX. The TRC-10 token standard outlines rules for transactions and the issuance of new tokens.
  • TRC-20 - TRC-20 is a set of smart contract standards which includes requirements for the issuance of TRC-20 digital assets. In addition, the TRC-20 token standard includes rules for supply, transfers, and asset docking. TRC-20 assets can be used to participate in various DeFi protocols.
  • TRC-721 - TRON’s third token standard is responsible for the issuance of non-fungible tokens (NFTs) on the TRON platform. The TRC-721 standard is fully compatible with Ethereum's non-fungible token standard called ERC-721.

BitTorrent Chain

BitTorrent Chain – also referred to as BTT Chain – is a scalable heterogeneous blockchain designed for cross-chain interoperability. BTT uses Proof-of-Stake (PoS) and multiple validator nodes to achieve a high degree of security, albeit at the cost of higher centralization. Thanks to a dedicated cross-chain bridge and inherent interoperability, BTT enables a seamless transfer of digital assets and dApps across supported blockchains.

NFT Marketplace

TRON’s APENFT Marketplace allows users to create, discover, and trade NFTs. The platform is powered by BitTorrent File System (BTFS) – a type of decentralized storage connected to BTT Chain – which guarantees data safety and high reliability.

SUN Network

SUN Network, also known as DApChain, employs a sidechain design and is compatible with the TRON Protocol. Sidechains use DPoS consensus and connect to the TRON mainchain, which allows developers to more easily deploy and migrate dApps. In addition, thanks to their project-specific design, sidechains are cheaper to run and boast low-cost transactions.

USDD Stablecoin

USDD (originally named Digital USD and later renamed to USDD) is a decentralized stablecoin on TRON, BNB Chain, and Ethereum that is pegged to the value of the US dollar at a 1:1 ratio. USDD is issued by TRON DAO and collateralized with a basket of cryptocurrencies, including TRX and USD Coin (USDC).

TRON DAO

TRON DAO is the largest decentralized autonomous organization (DAO) in the industry. Users can participate in the DAO with TRX to take part in the decision-making process and directly influence the future development of the TRON platform.

TRON Price History

The native currency of the TRON network, the TRX token, was initially made available to investors in the initial coin offering (ICO) at 0.00000038 BTC per token in 2017. With BTC’s historic price of roughly $4,600 at the time and 40 billion TRX sold, $70 million was raised in the public token sale. 

According to the TRON price chart and historical TRON price data, the price of TRX tokens increased by more than 50-fold in the span of fewer than 30 days between December 2017 and January 2018. 

Here is what the historical TRX price data tells us about key milestones in the token’s price history:

  • $0.0019 - TRX coin’s price at the time of the ICO sale in 2017 was $?0.0019 per token
  • $0.0100 - The price of TRON surpassed $0.0100 for the first time in mid-December 2017
  • $0.0500 - TRON’s price rallied beyond $0.0500 in the final days of December 2017
  • $0.1000 - The price of TRX surged past $0.1000 for the first time in March 2018
  • $0.2000 - TRON coin’s price reached the $0.2000 price milestone in March 2018, just four months after the token initially started trading

For a glimpse into potential future TRX price movements in addition to the TRON live price, you can follow our algorithmically generated TRON price predictions that take into account TRX’s current price and a number of market indicators, including Fear & Greed Index, market sentiment, overall volatility, and more. You can also check the up-to-date market rate of 1 TRX to USD via our handy crypto-to-fiat and crypto-to-crypto conversion feature.

TRON Market Cap

The market cap of TRON has reflected high volatility in the crypto market ever since the token first became available to the broader community following the 2017’s public token sale. TRON’s market cap chart has been virtually directly aligned with the price movements of TRX due to the token’s capped supply.

Here’s what the historical TRX price charts tell us about the crypto’s most notable market cap milestones:

  • $1 billion - The market cap of TRX surpassed $1 billion in December 2017
  • $2 billion - Mere weeks after first claiming the $1 billion milestone, TRON’s market cap rose to $2 billion in late December 2017
  • $5 billion - In February 2018, TRX’s market cap first surpassed the $5 billion mark
  • $10 billion - TRON hit decacorn status in April 2021 and climbed to $13.6 billion later that same month

TRON Supply

Initially, 100 billion TRX were issued, out of which 40 billion were allocated for the ICO, 15.75 billion for the private token sale, and the remaining 54.25 billion were reserved for the team and the TRON Foundation. When the mainnet launched in June 2018, 1 billion TRX were burned in celebration of TRON’s so-called “Independence Day”. Additional burns in subsequent years, primarily due to the creation of USDD stablecoins, have brought the token’s circulating supply down to roughly 92.5 billion TRX. 

TRON features no maximum supply – new TRX tokens are issued to so-called Super Representatives (see section “What is TRON and how does it work?” for more info) every six hours as a reward for securing the network and verifying transactions.

The most important TRON milestones

 The TRON mainnet launched in 2018, following a successful ICO in 2017. Since its launch, TRON has become one of the largest crypto projects in the industry, both in terms of its market share and broad set of features. Here’s a quick look at TRON’s eventful past:

  • July 2017 - Justin Sun founds the TRON Foundation with the aim of developing a “truly decentralized Internet”
  • September 2017 - Investors buy $70 million worth of TRX in the initial token sale
  • May 2018 - The release of the Odyssey 2.0 update sees the launch of the TRON mainnet 
  • June 2018 - TRX tokens switch from being Ethereum-based ERC-20 assets to being independent TRON network assets
  • July 2018 - TRON acquires BitTorrent in a $126 million cash deal
  • February 2019 - BitTorrent commences BTT token sale and outlines plans to launch the BitTorrent Chain
  • April 2022 - APENFT launches as the first native NFT marketplace on the TRON blockchain
  • May 2022 - TRON DAO launches the USDD decentralized stablecoin

FAQ

What is TRON?

TRON is a blockchain platform that can host smart contracts and decentralized apps (dApps). TRON positions itself as a competitor to Ethereum, as both networks offer relatively similar options. The cryptocurrency used for basic operations on the network is called TRONix (TRX).

TRON Foundation, which leads the development of the TRON platform, was founded by Chinese entrepreneur Justin Sun in 2017. The TRON mainnet went live on June 25, 2018. In 2018, the TRON Foundation also acquired in an attempt to expand their technology and merge with the developers of the leading peer-to-peer file sharing software. More recently, the TRON project has also partnered up with Samsung to bring TRON-based dApps on the Samsung store.

How does TRON work?

The network operates through a Delegated Proof-of-Stake (DPoS) mechanism, which is managed by 27 Super Representatives. These representatives are re-elected every 6 hours, and all users who are involved in TRX staking can take part in voting.

Super representatives generate and validate blocks every 3 seconds and play a big part by proposing and voting for Improvement Proposals in the TRON committee.

Content-creators and dApp developers are also able to create their own tokens on the network, which can be used for various purposes.

How is TRON used?

Originally, TRON was envisioned as a platform geared towards the entertainment industry, but it has later shifted to delivering a more general-use blockchain platform. Since TRON allows users to deploy smart contracts, the platform can be used in a variety of applications, including DeFi, gaming, raising capital, security tokens, crypto collectibles and more. The scope of possible uses for TRON is similar to other smart contract platforms like Ethereum and EOS.

Why is TRX valuable?

TRON value depends on supply and demand factors, which can change rapidly, depending on large movements on the market. Apart from that, sending TRON can be done 24/7 with short transaction times and low fees, which has a lot of benefits to different users. Since TRX is required to perform basic operations on the TRON network, demand for TRX grows if the network becomes more popular.

How do I get TRX?

TRX is available on many cryptocurrency exchanges and can be easily exchanged for Bitcoin. In some cases, exchanges also pair TRX directly against fiat currencies. Another option is to buy TRX from a trustworthy seller in person, but this process can be time-consuming and risky. 

Users who already own TRX can earn some additional coins by staking their TRX and delegating it to a Super Representative candidate.

What is TRX staking?

All TRX holders have the option of staking their coins, making them temporarily unavailable. This serves as a guarantee of commitment to the network, which is awarded with daily payments. On average, stakers will be able to increase their TRX holdings by 7% a year through staking. TRX stakers who delegate their coins vote for Super Representatives and play a part in the network’s consensus and governance process.

How do you cash out from TRX?

Cashing out from TRX is possible on many cryptocurrency exchanges, and TRX can be sold directly for EUR, USD or other local currencies. If this is not an option on your exchange of choice, you can exchange your TRX for BTC, which is much easier to cash out.

Is TRON a good investment?

Investing in TRX or any other crypto asset can be profitable. However, the timing of the investment will play a major role, as the TRX market can display a lot of price volatility. TRX can be considered as an option by those who find the idea of staking cryptocurrencies attractive.

How much should I invest in TRON?

The cryptocurrency markets are a high-risk environment and large upfront investments are usually not the best choice. If you do decide to invest in TRX or any other cryptocurrency, you should consider starting with a smaller investment and adjusting your position over time according to your investment goals.

How much does it cost to buy 1 TRX?

As of , the price of 1 TRX is .

Is it a good time to buy TRX?

This will depend on the market opportunities that are available at the moment. On this date, TRX is , and you can find relevant technical indicators on our TRON price prediction page.

Is TRON related to Ethereum?

TRON initially launched TRX as a token on the Ethereum network while the project was working on its mainnet. In 2018, following the launch of the TRON mainnet, the TRX tokens were migrated over to the TRON platform.

TRON is a somewhat controversial project in the cryptocurrency community, and one of the main reasons for this is that the TRON whitepaper allegedly contains content that was plagiarized from the Ethereum project. In terms of the TRON protocol’s code itself, the project also has many similarities to Ethereum.

Is TRON secure?

So far, TRON has proven itself to be dependable when it comes to network security, as it has been performing without bigger issues. 

TRON also has a Bug Bounty program, where independent users and companies get awarded for finding issues and vulnerabilities in the network.

In 2019, cyber-security testing service HackerOne provided some information about TRON’s security, claiming that the whole network could theoretically be brought down by only one computer performing DDos attacks. This issue was addressed and a bounty was provided to the team.

Are TRX coins legal?

Many countries have adopted cryptocurrency into their legal systems, considering these assets as property. Depending on the country, cryptocurrency use can range from severely limited to completely open. You can check the legality of crypto by country or territory here.

How are new TRX coins created?

When the currency was first issued, 100 billion TRX were created. Around 55% were sold to investors and the rest were kept by the company and founders. So far, no additional coins were created.

TRON blocks are generated every 3 seconds and around 50 TRX is distributed to Block Generators and Network Node operators in every block. This amounts to around 500 million TRX yearly. These rewards are provided by TRON Foundation, from their TRX pool, and are not generated.

The company plans on changing this process on January 1st, 2021, and it is still unclear how the network will operate afterward.

How many TRX coins are left?

Currently, there are TRX coins available out of 99,281,283,754 total TRX.

What makes TRX unique?

The fact that TRON uses Delegated Proof-of-Stake instead of Proof-of-Work means that it’s able to process transactions much more efficiently than Ethereum. However, some critics argue that TRON sacrifices too much on the decentralization front in order to achieve its performance. After Ethereum transitions to Proof-of-Stake, it will certainly be interesting to see how the TRON project will respond in order to continue being relevant.

The TRON project also has a very distinct approach to marketing, as TRON Foundation head Justin Sun is known for consistently promoting the TRON platform and seeking out new partnerships for the project. This can have some negative side effects, but Sun’s marketing approach has been an overall boost to the popularity of TRON.

Is my information private when using TRX?

Just like any other public cryptocurrency, you don’t need to provide any personal information in order to use the TRON network.

TRON has recently introduced shielded addresses, which are implemented with the help of zero-knowledge proof technology. This provides users with the option of using TRON privately.

However, TRON does not support private transactions by default, and most of the activity on the TRON blockchain is fully transparent. If someone was able to tie your real-world identity to a TRON address, they could potentially analyze your transaction history, resulting in a breach of financial privacy. This risk is present on all transparent blockchains, including Bitcoin and Ethereum.

Are TRX transaction fees high?

The network offers a certain amount of free transactions every 24 hours, after which all additional ones are charged with a very small fee to prevent DDos attacks. The amount of free transactions you can send can be increased by staking TRX coins.

TRON News

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