TRON ($TRX RX) is a decentralized blockchain platform designed to support high-throughput decentralized applications (DApps) and smart contracts. Founded by Justin Sun in 2017, TRON aims to create a decentralized internet by enabling content creators to share and monetize their work without intermediaries. The network operates on a Delegated Proof-of-Stake (DPoS) consensus mechanism, where 27 Super Representatives are elected to validate transactions and maintain the blockchain. TRX, the native cryptocurrency of the TRON network, is used to pay for transaction fees, access DApps, and participate in network governance. Token Terminal+3Token Metrics+3CoinDesk+3Investopedia+1CoinDesk+1Investopedia+2Messari+2CoinDesk+2
TRON (TRX)
$0.27
+$0.00(+1.51%)Today
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As of May 18, 2025, TRON (TRX) is trading at approximately $0.2724 USD. The coin has experienced a modest increase of 1.5% over the past 24 hours. With a circulating supply of about 94.89 billion TRX, the market capitalization stands at around $25.84 billion, ranking it among the top 10 cryptocurrencies by market cap. CoinGecko+6Crypto.com+6Binance+6
Recent technical analyses suggest that TRX is approaching a key resistance level at $0.28. A successful breakout above this threshold could propel the price toward the $0.35–$0.45 range. Conversely, failure to surpass this resistance may lead to a pullback toward the $0.22 support level. Mitrade+5TronWeekly+5Coinspeaker+5
The TRON network continues to demonstrate robust activity, processing over $1 billion in daily transactions. This high throughput is partly attributed to the network's support for Tether (USDT), which has a significant presence on TRON. The Crypto Times+6CoinDesk+6CoinCentral+6
If you're interested in purchasing TRX, it's available on major cryptocurrency exchanges such as Binance, Coinbase, and OKX. Given the volatile nature of cryptocurrencies, it's advisable to conduct thorough research and consider your risk tolerance before investing.