Latest Movements
TRON (TRX) is currently priced at $3 with a 24-hour trading volume of $1.17B. The market cap of TRON stands at $20.77B, with 86.18B TRX in circulation. For those looking to buy or trade TRON, YouHodler offers avenues to do so securely and efficiently}
- Market cap
- $20.77B
- 24h volume
- $1.17B
- Circulating supply
- 86.18B TRX
Frequently Asked Questions About TRON (TRX) Staking
- What is TRON (TRX) and what is its main purpose?
- TRON is a blockchain platform designed to support the creation and deployment of decentralized applications (dApps) and smart contracts, with a focus on high throughput and scalability. Its native token, TRX, is used to pay for transaction fees, access decentralized services, and participate in network governance and staking (where applicable). The project emphasizes content sharing and entertainment use cases, aiming to reduce intermediaries in the media space and enable developers to build on its network with relatively low costs. As of now, TRX has a large circulating supply and is traded on many major exchanges, with price movements influenced by network activity, developer ecosystem growth, and overall crypto market trends.
- How many TRX are in circulation and how does that affect price and supply?
- TRX has a circulating supply of approximately 94.7 billion tokens. A large circulating supply can impact price dynamics by increasing the available liquidity and potentially diluting value if demand doesn’t match supply. TRON’s token economics also include mechanisms like token burning and platform-based incentives that can influence scarcity over time. Investors should monitor changes in supply, including any future staking rewards, token releases, or policy updates from the TRON Foundation, as these can shift market perception and price pressure. Always check live supply figures from trusted sources when evaluating price trends.
- What should I know before investing in TRX, including risks and practical steps to buy or stake it?
- Before investing in TRX, consider market volatility, regulatory developments affecting crypto platforms, and the project’s ongoing ecosystem activity. TRX can be bought on major exchanges using fiat or other crypto assets. To buy, create an account on a reputable exchange, complete identity verification, deposit funds, and place a buy order for TRX. If you’re considering staking or earning on TRX (where available), evaluate the annual percentage yield (APY), lockup periods, and withdrawal terms. Keep your funds in secure wallets—prefer hardware wallets or well-reviewed software wallets with TRX support—and enable security features like two-factor authentication. Since TRX is widely traded, liquidity is typically high, but price can still swing with market sentiment and network updates. Diversify risk and avoid investing more than you can afford to lose.


