At its core, Tron is a blockchain designed for the creation of decentralized applications (DApps) and digital assets. Its native cryptocurrency, TRX, is used within the Tron ecosystem.

What is Tron (TRX)?

Tron is a blockchain that supports various tokens and DApps. Known for its emphasis on speed and scalability, the Tron network can handle up to 10,000 transactions per second, with a block time of just three seconds. The blockchain uses delegated proof-of-stake (DPoS) as its consensus algorithm, along with smart contract functionality, where contracts are written in Solidity.

The Tron blockchain offers multiple token standards for asset creation, such as the TRC-20 standard. It is compatible with the Ethereum Virtual Machine (EVM) and has its own virtual machine, the Tron Virtual Machine (TVM). Transactions on the Tron blockchain are measured by energy or bandwidth, depending on the transaction’s computational requirements or size. The ecosystem also involves TRX burning and staking. Furthermore, Tron supports a DApp-focused sidechain network called DAppChain.

Tron Price in USD

Tron’s native asset, TRX, is valued in US dollars (USD). TRX serves various functions within the Tron blockchain, including supporting the network’s super representatives—node operators who are elected by voting and must stake a certain amount of TRX. TRX is also used to distribute block rewards within the system, among other applications. Each TRX can be divided into smaller units called “sun,” with one TRX equivalent to 1 million sun, similar to how Bitcoin (BTC) is divided into 100 million satoshis (sats). For real-time data, the current TRX to USD price, market cap, and live price chart are available at the top of the page.