What is Tron (TRX) crypto?
Tron (TRX) fact sheet with live price · reviewed November 4, 2026
Tron is a blockchain founded by Justin Sun in 2017. It's one of the most-used networks for sending the stablecoin USDT, thanks to low fees. Its coin, TRX, pays for network resources and is staked to vote for the 27 "Super Representatives" that produce blocks.
- 24h high
- —
- 24h low
- —
- Market cap
- —
- 24h volume
- —
- Rank
- —
Loading live price…
Key facts
| Launched | 2017 (own mainnet 2018) |
|---|---|
| Created by | Justin Sun |
| How it's secured | Delegated proof of stake: 27 elected "Super Representatives" |
| New blocks | About every 3 seconds |
| Supply | No fixed maximum; new TRX is issued and fees are burned |
| Smallest unit | 1 sun = 0.000001 TRX |
Who runs it
TRX holders stake and vote for 27 Super Representatives, which take turns producing blocks. Justin Sun founded Tron and remains its best-known figure; the TRON DAO and related entities fund development.
What it's used for
Above all, moving USDT cheaply: a large share of all USDT lives on Tron (often called TRC-20 USDT).
How it works
Instead of a simple fee, transactions use "bandwidth" and "energy." You get some free daily, earn more by staking TRX, or pay in TRX, which is burned.
Where things stand (November 2026)
In March 2026 the SEC dropped its 2023 fraud and securities case against Justin Sun and the Tron Foundation; a related company, Rainberry, agreed to pay a $10 million penalty without admitting wrongdoing.
Risks to know
- A small set of block producers makes it more centralized.
- Tron is frequently used in scams and illicit transfers involving USDT.
- Sending TRC-20 USDT to an Ethereum-only address (or the reverse) can lose funds.
Buying and storing it
If you decide to buy, use a regulated exchange you reach directly, check fees with the true cost calculator, and store long-term holdings in a wallet you control, with the seed phrase written down offline. Read how to buy crypto safely. This page isn't a recommendation to buy.
Questions
What is TRC-20?
The token standard on Tron. 'USDT TRC-20' means USDT on the Tron network.
Why do I need TRX to send USDT on Tron?
Transfers use network energy; without staked TRX or free allowance, the fee is paid in TRX.
Where to next
Sources
- TRON developer documentation
- SEC dismisses claims against Justin Sun and Tron Foundation (The Block, March 2026)
- Tron (Wikipedia)
Facts checked against the sources listed, as of November 4, 2026. Live price data by CoinGecko. Educational only; not financial advice. How we write and check pages.