TRON foundation, led by Justin Sun, wants to decentralize the entertainment industry and ensure direct consumer consumption of content without third-party meddling. $70 Million in funding were raised through an ICO in 2017 for TRON's establishment. TRON price section will keep you apprised of all developments related to its price.
It employs an altered Delegated proof of stake as a consensus protocol for its network.
TRON coin TRX cannot be mined and has 66.1 billion coins in circulation. Binance is the most active exchange for TRX trading.
TRX value is determined by:
- TRON's supply and demand
- Competing currencies
Besides, the platform wallet supports other tokens along with TRX.