How much is 1 TRX?
One TRX is worth $0.3273 — the TRX-to-USD rate as of 2026-08-01 19:21 UTC, +0.44% over the past 24 hours. The figure on this page refreshes hourly from CoinMarketCap data.
BAKED FROM THE HOURLY RATE AS OF 2026-08-01 19:21 UTC · NOT A LIVE CALCULATOR
TRX vs. other Layer 1 coins
| Asset | 24H | 7D | 30D | 90D |
|---|---|---|---|---|
| TRON TRX THIS PAGE | +0.44% | −1.01% | +3.13% | −3.38% |
| Bitcoin BTC | −0.75% | −2.84% | +1.68% | −20.55% |
| Ethereum ETH | −1.56% | −1.85% | +8.36% | −21.05% |
| BNB BNB | −1.89% | +1.55% | +3.22% | −6.82% |
AS OF 2026-08-01 19:21 UTC · DATA: COINMARKETCAP · DEEPER TINT = LARGER MOVE · 90D IS OUR LONGEST SNAPSHOT WINDOW
TRX price context
TRON's all-time high is $0.4407, reached on December 3, 2024. At today's price of $0.3273, TRX trades 25.7% below that peak. Its lowest recorded price was $0.001091 on September 15, 2017.
Over the past 30 days TRX has moved +3.13% and over the past 90 days −3.38%.
Circulating supply is 94,888,608,808 TRX , with no fixed maximum supply. TRX has no maximum supply. The 2017 genesis created 100 billion; roughly 94.9 billion circulate today. Block rewards add new TRX while transaction fees are burned, and for years burns exceeded issuance, making TRX net-deflationary — until an August 2025 fee cut roughly halved burn revenue and tilted net issuance back toward inflation.
TRON all-time high
The gap to the record
Getting back to $0.4407 from here would take a 1.3× move — that multiple, not the percentage, is the honest way to read a drawdown. The figure above updates every hour as our price snapshot refreshes; the record itself is an editorial fact recorded from CoinMarketCap - TRON Historical Data.
All-time low
TRON's recorded all-time low is $0.0011, on September 15, 2017 (CoinMarketCap - TRON Historical Data). From that low to today's price is the other end of the same story — aggregators differ on launch-era data, so we name the source we cite.
TRON price history
This is TRON's (TRX) price over the last 36 months, from our licensed CoinMarketCap daily data. Its all-time high is $0.4407 (Dec 3, 2024) and its recorded low $0.0011 (Sep 15, 2017); today it trades at $0.3273. Earlier years appear here only where we can source them — we never estimate a row.
TRON price by year
Each row is computed from our licensed CoinMarketCap daily data; high and low are the highest and lowest daily closes in our series, not intraday extremes. Years before our data window aren't shown — we list them only when we can cite a source, never estimated.
| Year | Open | High | Low | Close | Source |
|---|---|---|---|---|---|
| 2024 | $0.1074 | $0.3792 | $0.1014 | $0.2525 | Our CMC data |
| 2025 | $0.2555 | $0.3640 | $0.2127 | $0.2853 | Our CMC data |
| 2026YTD | $0.2836 | $0.3740 | $0.2695 | $0.3273 | Our CMC data |
What moves TRON's price
- Stablecoin settlement volume: TRON hosts over $80 billion of USDT — more than Ethereum — and processed roughly $7.9 trillion in USDT transfers in 2025. Those transfers consume energy paid in burned TRX, so Tether flows are the network's demand engine.
- Fee and burn policy: Super Representative governance sets resource prices, and changes cut both ways — the August 2025 vote (Proposal #789) that dropped the energy price from 210 to 100 sun made transfers cheaper but cut network revenue about 60% within days and pushed TRX from net-deflationary toward inflationary.
- Justin Sun's legal and headline arc, stated factually: the SEC sued Sun and his companies in March 2023, alleging unregistered sales of TRX and BTT, market manipulation via 600,000+ wash trades, and undisclosed celebrity promotions. The case settled in March 2026 — a $10 million penalty paid by Rainberry Inc., all claims against Sun and the foundations dismissed with prejudice, no admission of wrongdoing. TRX has repriced on each turn of that case.
- The Tron Inc. equity wrapper: in June 2025, Nasdaq-listed SRM Entertainment became Tron Inc. (ticker TRON) via a reverse merger arranged by Dominari Securities, a Trump Tower-based bank whose advisory board includes Donald Trump Jr. and Eric Trump; the Financial Times reported Eric Trump was expected to take a role, which he denied. The vehicle is the largest public TRX treasury, adding an equity-market demand channel — and political-exposure risk.
- Competition for the stablecoin rail: Ethereum layer-2s, Solana, and purpose-built stablecoin chains compete for USDT and USDC flows; TRON's moat is cost (median transfer fee near $0.09) and entrenchment in emerging-market remittances.
- Reputation history remains part of the risk premium: in January 2018, Protocol Labs founder Juan Benet documented that pages of TRON's whitepaper were copied without attribution from the IPFS and Filecoin papers; Sun attributed it to volunteer translation. The episode still anchors skepticism about the project's originality.
“TRON hosts over $80 billion of USDT — more than Ethereum — and processed roughly $7.9 trillion in USDT transfers in 2025. Those transfers consume energy paid in burned TRX, so Tether flows are the network's demand engine.”
About TRON
TRON was founded in 2017 by Justin Sun, raising about $70 million in an ICO just before China banned token sales, and launched its mainnet in 2018. It runs delegated proof-of-stake: TRX holders vote for 27 Super Representatives who produce blocks every three seconds. Its early history is contentious — the January 2018 whitepaper plagiarism findings, the SEC's 2023 fraud and unregistered-securities suit (settled in 2026 for $10 million with no admission of wrongdoing) — and Sun's acquisitions of BitTorrent (2018) and Steemit (2020) kept him among crypto's most polarizing figures.
Whatever the controversies, the network found genuine product-market fit as Tether's settlement layer. Cheap, fast TRC-20 transfers made TRON the default USDT rail in emerging markets; by 2026 it carried the majority of USDT supply and over half of global stablecoin transfer volume. That utility — not its dApp ecosystem — is why TRON sits in the top ten by market cap.
TRX tokenomics
No supply cap; 100 billion TRX at genesis, roughly 94.9 billion circulating. Users stake ('freeze') TRX to receive bandwidth and energy, the network's metered resources; transactions without staked resources burn TRX to cover fees. New TRX is issued as block and voting rewards to Super Representatives and their voters. Burns exceeded issuance for years, shrinking supply, but the August 2025 fee cut roughly halved burn revenue, so whether TRX is deflationary now depends on network activity and future fee votes.
How to buy TRON
TRX trades on most major global exchanges, including Binance, Kraken, HTX, and OKX. US availability has historically been patchier than for other top-ten coins — Coinbase has not been a reliable venue for it — so verify listing status on your exchange before assuming access. Equity investors can get indirect exposure through Tron Inc. (Nasdaq: TRON), a TRX treasury company, which carries its own corporate and disclosure risks distinct from the token.
TRON news
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TRON FAQ
What actually drives TRON's usage?
Tether. Over $80 billion of USDT lives on TRON — more than on Ethereum — and the network processed roughly $7.9 trillion in USDT transfers in 2025 at a median fee near $0.09. Stablecoin settlement, especially in emerging markets, is the core business; the dApp ecosystem is secondary.
What happened with the SEC case against Justin Sun?
The SEC sued Sun, the Tron and BitTorrent foundations, and Rainberry Inc. in March 2023, alleging unregistered sales of TRX and BTT, wash trading to fake volume, and undisclosed paid celebrity promotions. In March 2026 the case settled: Rainberry pays a $10 million penalty, and all claims against Sun and the foundations were dismissed with prejudice, with no admission or denial of wrongdoing.
Is TRX deflationary?
It was for years — fee burns exceeded block rewards, shrinking supply. The August 2025 fee cut (energy price from 210 to 100 sun) reduced burn revenue by roughly 60%, tilting net issuance back toward inflation. There is no supply cap, so the balance depends on activity and future governance votes.
Are TRON the blockchain and Tron Inc. the stock the same thing?
No. TRON is the blockchain; TRX is its token. Tron Inc. is a Nasdaq company (former toy maker SRM Entertainment) that reverse-merged in June 2025 into a TRX treasury vehicle with Justin Sun as an adviser. The stock gives indirect TRX exposure with separate corporate risks.
Was TRON's whitepaper plagiarized?
In January 2018, Protocol Labs founder Juan Benet documented that extended sections of TRON's English whitepaper were copied without attribution from the IPFS and Filecoin papers. Justin Sun blamed a volunteer translation of the Chinese original. The project's code and paper have since diverged, but the episode is well documented.
What is TRON's all-time high?
TRON's all-time high is $0.4407, reached on December 3, 2024 (source: CoinMarketCap - TRON Historical Data).
How far is TRX from its all-time high?
As of 2026-08-01 19:21 UTC, TRX trades at $0.3273 — 25.7% below its all-time high. Reaching the ATH again would require a 1.3× move. This figure refreshes hourly with our CoinMarketCap data.
What was TRON's lowest price ever?
TRON's recorded all-time low is $0.0011, on September 15, 2017 (source: CoinMarketCap - TRON Historical Data). Aggregators can differ on launch-era data; we cite the source shown.
Will TRX reach a new all-time high?
We don't publish predictions. What can be said factually: TRX trades 25.7% below its all-time high, and this page tracks that gap with hourly-refreshed data.
Related
Price data: CoinMarketCap, refreshed hourly. Last updated: August 1, 2026, 19:21 UTC. Historical figures (all-time high/low) are recorded at page creation and reviewed periodically.
This page is factual information, not financial advice.