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TRON

TRXUSD
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0.345

+0.005+1.33%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+1.33%

5 Days

+2.59%

1 Month

+2.29%

6 Months

+12.30%

Year to Date

+22.99%

1 Year

+1.34%

Key Data Points

Opening Price

0.341

Previous Closing Price

0.341
Price Range of the Day
0.3400.346
52-Week Price Range
0.2660.373
TRX Price Prediction: TRX upside capped amid Tron DAO’s $3 billion in gasless USDT transactions

Tron (TRX) maintains a neutral-to-bearish tone, trading above $0.32 at the time of writing on Thursday. The smart contracts token failed in its attempt to break out above resistance at $0.33 the day before, reflecting a broader downturn in the crypto market.

FxstreetThu, Jul 23
Tron Price Forecast: Institutional accumulation fails to lift TRX

Tron (TRX) extends its decline, trading below $0.330 on Tuesday, drifting toward the key technical support zone. Despite the recent price dip, Tron Inc. (TRON) continued to accumulate, expanding its treasury to more than 702.9 million TRX.

FxstreetTue, Jun 30
Tron Price Forecast: TRX climbs to its highest level in 1.5 years

Tron (TRX) price is extending its rally, trading above $0.370 on Tuesday and reaching its highest level in 1.5 years. This bullish rally is further strengthened as Tron Inc. (TRON) added another 136,998 TRX tokens to its reserve.

FxstreetTue, May 26
Hyperliquid Price Forecast: HYPE nears key support as bullish flows align with surging network fees

Hyperliquid (HYPE) is retesting its key support, trading around $36.70 at the time of writing on Wednesday, setting the stage for a potential rebound if buyers step in. This upside thesis for HYPE token is further supported by strengthening on-chain activity and supportive derivatives metrics.

FxstreetWed, Apr 1
Tron Price Forecast: TRX surges as Tron Inc. treasury holdings climb to 689 million tokens, eyes further upside

Tron (TRON) extends its upward move, trading above $0.320 as of writing on Monday after soaring for the fourth consecutive week. The bullish sentiment is further strengthened as Tron Inc. added more TRX tokens to its reserves.

FxstreetMon, Mar 30
Tron Price Forecast: TRX slides for fifth consecutive day despite treasury expansion

Tron (TRX) remains in a steady decline for the fifth straight day, recording nearly 1% loss on Monday. Tron Inc., formerly SRM Entertainment Inc., acquired roughly 175,000 TRX tokens on Monday, reflecting its buy-the-dip strategy.

FxstreetMon, Feb 2

TRON Technical Analysis

1m
5m
15m
30m
1h
2h
4h
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1m
5m
15m
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Technical Indicators

Buy

Summary

Buy

Moving Average

Strong buy

About {index_name} TRON

TRON (TRX) is a decentralized blockchain-based operating system created by the Tron Foundation and introduced to the market in 2017. The project was founded by Justin Sun, who currently holds the position of CEO. Initially, the TRX tokens were ERC-20 standard tokens deployed on the Ethereum blockchain. However, a year after their launch, the tokens were migrated to run on TRON's own independent network. The primary objective of TRON is to empower content creators, who often receive a small fraction of the revenue generated from their work. TRON aims to enable these creators to connect directly with their audience, eliminating the need for intermediaries like YouTube, Facebook, or Apple. The platform's goal is to grant full ownership rights to the creators of digital content and provide them with greater rewards for their efforts. The TRON software supports smart contracts, various blockchain systems, and decentralized applications (dApps). The cryptocurrency platform utilizes a transaction model akin to Bitcoin's UTXO (Unspent Transaction Output) system. All transactions are recorded in a public ledger, allowing users to track the history of operations.

What is TRON used for?

TRON (TRX) is a blockchain platform primarily used for hosting decentralized applications (dApps), allowing content creators to publish and distribute their content directly on the network. The TRX token also serves as a cryptocurrency for payments and transactions within the TRON ecosystem, as well as a speculative instrument for investors. Additionally, TRON incorporates a governance model where TRX holders can participate in decision-making.

What are the technical features and critical parameters of TRON?

TRON uses a Delegated Proof-of-Stake (DPoS) consensus mechanism. Some key technical features and parameters of TRON include: High Throughput: TRON can process 10,000 transactions per second, enabling high scalability. Low Latency: TRON has very low transaction confirmation times, in the range of a few seconds. Energy Efficient: The DPoS consensus mechanism is much more energy efficient than Proof-of-Work used by Bitcoin. Decentralized Storage: TRON provides decentralized storage through the TRON File System (TFS). Smart Contracts: TRON supports Solidity-based smart contracts, enabling the development of decentralized applications (dApps). Interoperability: TRON is compatible with the Ethereum Virtual Machine (EVM), allowing Ethereum dApps to be ported to the TRON network.

What is the current circulating supply of TRON (TRX)?

The cryptocurrency currently has a circulating supply of 87,057,591,504 TRX. The total supply of TRON is slightly lower at 87,057,584,984 TRX, while the max supply is listed as infinite (∞), indicating there is no hard cap on the total number of TRON tokens that can be created.

TRON

0.345
+0.005+1.33%
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