TRON (TRX) is a decentralized platform designed to build and deploy decentralized applications (dApps) and smart contracts on its blockchain. As of Oct 20, 2026, it trades at $0.331187 with a market cap of $31.46B, ranking #8 among tracked cryptocurrencies.
It aims to revolutionize the digital content ecosystem by enabling direct sharing and distribution without intermediaries. Source: CoinPaprika.com
What is the TRX token used for?
The TRX token is associated with big data & data storage, events & entertainment, building and executing smart contracts, cryptocurrency, delegated proof of stake, scalable, layer 1 (l1), high transaction speed (tps), and alleged sec securities, based on the tags CoinPaprika applies to TRON.
TRON history and key milestones
TRON started on Aug 30, 2017, CoinPaprika's price data for it begins on Sep 13, 2017, and it reached an all-time high of $0.440441 on Dec 04, 2024.