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TRX is the native coin of the decentralized blockchain platform TRON. Tron is founded in 2017 in Singapore and is owned by the Non-profit Tron foundation. Tron blockchain aims to create a cost-efficient entertainment-sharing digital platform. Tron owns the famous BitTorrent network in its ecosystem. Transactions are extremely fast and cheap on the Tron blockchain. TRX is used to pay for transactions on the blockchain.
With a total market cap of over $7.44 billion, TRON is the No. 11 cryptocurrency by market size. The currency symbol for TRON is TRX, it was launched in August 2017 and it originated in China. TRON uses the Delegated Proof-of-Stake hashing algorithm. The total supply of TRON is 89.1 billion coins.
We found crypto protocols offering up to 8% APY on TRON deposits (8% APY CeFi, 2.5% APY DeFi) and loans as low as 6.9% APR against TRON used as collateral. Check out our TRON staking yields table and TRON loan rates table for further details.
The technical price analysis for TRON below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of TRON.
Currently 71% of users are positive about TRON.
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