#11

TRON

TRX
0.00000262 BTC
$0.24
24h: -3.08% 7d: +0.08%
All Time High $0.43 Dec 4, 2024
24h
$0.24 $0.26
24h Volume $2B

Price Chart

About TRON

TRON (TRX) - Decentralizing the Web

TRON is a revolutionary blockchain platform designed to create a decentralized internet ecosystem. With its mission to build the world's largest blockchain-based operating system, the TRON protocol focuses on high scalability, availability, and throughput computing, enabling developers to deploy decentralized applications (dApps) using smart contracts.

Key Features of TRON

  • Compatibility with Ethereum: TRON supports Ethereum EVM-based smart contracts, allowing Solidity developers to seamlessly transition their applications without rewriting code.
  • High Throughput: Governed by a network of global nodes, TRON operates independently of proof-of-work mining, ensuring rapid transaction speeds ideal for high-demand dApps, particularly in gaming.
  • Decentralized Governance: TRON employs a decentralized voting system where Super Representatives (SRs) are elected to manage the network and its governance, rewarding participants for their involvement.

The TRON Ecosystem

TRON boasts a vibrant ecosystem encompassing a wide range of applications, including:

  • BitTorrent Acquisition: In 2018, TRON acquired BitTorrent, leading to the launch of the BitTorrent Token (BTT), which incentivizes file sharing and storage on the platform.
  • Decentralized Finance (DeFi): TRON hosts various DeFi projects, such as JustLend DAO and SunSwap, providing users with innovative solutions for lending, trading, and stablecoin usage.
  • Gaming and NFTs: The platform is rapidly expanding in the gaming sector with play-to-earn (P2E) opportunities and a flourishing NFT marketplace through collaborations like APENFT.

Performance and Adoption

With millions of accounts and billions of transactions, TRON is recognized as one of the fastest-growing public chains in the blockchain space. It is traded on over 130 exchanges globally, making TRX one of the most promising cryptocurrencies for value investors.

Community and Development

TRON transitioned to a Decentralized Autonomous Organization (DAO) in December 2021, emphasizing its commitment to community governance and empowerment. Through initiatives like TRON DAO Ventures, the platform aims to foster innovation and support developers in exploring TRON's capabilities.

As a cornerstone of the blockchain ecosystem, TRON is dedicated to decentralizing commerce and community, paving the way for the future of digital transactions and applications.

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Categories

Smart Contract Platform Layer 1 (L1) Alleged SEC Securities FTX Holdings DWF Labs Portfolio Tron Ecosystem GMCI Layer 1 Index GMCI 30 Index GMCI Index

Market Data

Rank
#11
Market Cap
$23.56B
Volume
$2B
Circulating Supply
86.23B TRX
Total Supply
86.23B TRX
Max Supply
N/A

Additional Information

Genesis Date
2017-08-28
24h Market Cap Change
$-1.56B
24h Market Cap Change %
-6.22%