
Token · TRX · Rank #8
Owning TRX: Uses, Storage and Risks
TRX is used for transfers, TRON apps and network resources. Here’s how its supply, wallet compatibility, fees and risks affect you as a holder.
Market data
TRX market data
- Market cap
- $30.5B
- Rank #8
- Fully diluted value
- $30.5B
- Volume (24h)
- $323M
- Change 7d / 30d
- +3.4% / −3.5%
- Change 1y
- +9.3%
- Circulating supply
- 95.03B
- Total / max supply
- 95.03B / ∞
- All-time high
- $0.4313
- Dec 3, 2024
- All-time low
- $0.001804
- Nov 11, 2017
What can you do with TRX?
TRX is the native token of the TRON blockchain. You can use it to transfer value, interact with smart-contract apps and access network resources. TRON is also used for stablecoin transfers and decentralized applications, including services in decentralized finance and storage.
Holding TRX can also let you participate in network governance. You can lock TRX to gain TRON Power and vote for Super Representatives, the elected operators that verify transactions. The network has 27 Super Representatives. Staking may offer rewards, but amounts and terms can vary; check the current rules and any lock-up or withdrawal conditions before committing tokens.
TRX’s uses depend on the TRON network and the apps that support it. It is not the same asset as a stablecoin sent over TRON: check the token name and network carefully before accepting or sending a transfer.
Which network and wallet should you use?
TRX is native to the TRON blockchain. It is not listed as issued on other chains in the project data, so treat a token labeled TRX on another network as a separate wrapped or bridged representation unless you have verified otherwise. That distinction matters when you deposit or withdraw: the sending and receiving services must support the same network and asset.
Use a wallet that explicitly supports TRON and TRX. Software wallets are convenient for regular transfers, while hardware wallets can keep signing keys offline; either way, you remain responsible for protecting your recovery phrase. Check that the wallet displays a TRON address and supports the specific transaction you intend to make, including any smart-contract interaction.
For exchange deposits and withdrawals, select TRON on both sides when that is the intended network. Do not rely only on a matching token ticker or address format. A transfer sent on an unsupported chain may be difficult or impossible to recover.
How much TRX exists, and what affects its value?
TRON has about 95.03 billion TRX in circulation and about 95.03 billion total supply as of 2026-11-08. No maximum supply is specified. These figures are close, but they do not guarantee that supply will stay unchanged: network rules and token activity can affect the amount circulating over time.
TRX demand can be influenced by its use for transfers, smart-contract applications and access to network resources. Users can lock tokens to obtain resources and participate in voting, which can change how much TRX is readily available to trade. Broader crypto-market conditions and activity on TRON can also affect demand. None of these factors gives a reliable way to predict the token’s price.
The token’s market price and market capitalization move constantly. Treat any quoted figure as a dated snapshot, not a stable value. A large circulating supply also does not by itself indicate what one TRX should be worth.
How do you get and store TRX?
People generally obtain TRX through a crypto exchange that supports the token, by receiving it from another holder, or through a swap service that supports TRON. Availability, identity checks and withdrawal options depend on the service and where you live. Compare the network selected, the service’s charges and its withdrawal rules before moving funds; this is general information, not a recommendation to buy.
For self-custody, use a wallet that supports TRON, secure its recovery phrase offline and never share it with anyone claiming to need it to release or verify your funds. Consider a small test transfer before sending a larger amount, especially when using a new address or service. Keep enough TRX available for network resource needs if you plan to use TRON apps.
If you leave TRX with a custodial service, that service controls the keys and may set its own withdrawal limits or pause transfers. Self-custody avoids that particular dependency but makes you responsible for key security and transaction mistakes.
What does it cost to move TRX?
TRON uses a resource model based on bandwidth and energy. TRX can be used to obtain these resources, and users may need to pay a network cost when their available resources do not cover a transaction. The amount can depend on the transaction and current network conditions, so there is no single fee that applies to every TRX transfer or app interaction.
A transfer between TRON addresses is different from moving TRX through a bridge. Bridges can add their own fees, waiting time and smart-contract or operator risks. A bridged token may not be interchangeable with native TRX on every platform, even if it uses the same ticker. Check the source and destination networks, token contract and withdrawal support before confirming.
Fees can also be charged by exchanges or swap services, separately from blockchain costs. Review the final confirmation screen, including the network and estimated total charge. If a service does not clearly identify the network or fee, pause rather than guessing.
What risks should you weigh before holding TRX?
TRON launched in 2017 and uses Delegated Proof-of-Stake. TRX holders vote for 27 Super Representatives, which verify transactions and maintain the ledger. The project describes TRON as a smart-contract platform with Ethereum Virtual Machine compatibility, alongside a resource system intended to support network use.
That design brings trade-offs. Delegated voting concentrates block production among a limited set of elected operators, and app or token activity can introduce smart-contract risks beyond the TRX token itself. Network congestion, software faults, bridge failures and exchange outages can delay or prevent transfers. A mistaken or unsupported-network transfer may not be reversible.
Before holding or using TRX, check that your wallet or service supports native TRON, understand any staking lock-up and voting arrangements, and keep recovery information private. Do not assume that a token labeled TRX on another chain is native TRX. Cryptoassets can lose value, and self-custody means there may be no central party able to restore access if you lose your keys.
By the numbers
TRON in numbers
TRON (TRX) is ranked #8 by market capitalisation, with a market cap of about $30.5B and a price of $0.3206 as of Nov 8, 2026. Its fully diluted valuation ($30.5B) is close to its market cap, so little new supply is still to come.
The price was up 3.4% over 7 days, down 3.5% over 30 days, up 9.3% over the past year. It trades about 26% below its all-time high of $0.4313, set on Dec 3, 2024.
About 95.03B TRX are in circulation. No hard maximum supply is listed, so new tokens can still be issued.
24-hour trading volume was about $323M, or 1.1% of its market cap: low turnover, so large orders can move the price.
TRX is the native token of Tron. Always check the contract address before buying or bridging: copycat tokens often reuse a well-known name and ticker.
TRX is linked to Tron, which we cover in our Chain rankings. See our Tron page for how the protocol works and how we score it.
CoinGecko groups TRX under Layer 1 tokens.
Where it runs
TRX chains and contract addresses
| Chain | Contract |
|---|---|
| Tron | Native coin |
Contract addresses as listed by CoinGecko. Verify them on the project's own channels before sending funds.
Similar tokens
Layer 1 tokens near TRX in market cap
Bitcoin#1 · $75,844 · −2.4% 7d
Ethereum#2 · $2,235 · −1.3% 7d
BNB#4 · $695.85 · −1.0% 7d
XRP#5 · $1.16 · −7.0% 7d
Solana#7 · $89.21 · −6.5% 7d
Zcash#10 · $1,262 · +1.7% 7d
Hyperliquid#11 · $77.28 · −12.0% 7d
Monero#12 · $597.57 · −1.7% 7d
Cardano#18 · $0.1803 · −6.1% 7d
Stellar#19 · $0.1504 · −10.8% 7d
Bitcoin Cash#20 · $248.22 · −12.8% 7d
NEAR Protocol#21 · $3.69 · −16.4% 7d
TRX FAQs
What is TRX used for?
TRX is the native token of the TRON blockchain. It is used for transfers, smart-contract apps and network resources, and holders can vote for Super Representatives.
Which network should I choose to send TRX?
Use a wallet or service that explicitly supports native TRON and TRX. Check the network selected on both the sending and receiving sides; a matching ticker does not guarantee compatibility.
Does sending TRX have a fee?
TRON uses bandwidth and energy, and a transaction can incur a network cost if your available resources do not cover it. Charges vary by transaction and conditions, and exchanges or bridges may add separate fees.
What is the supply of TRX?
About 95.03 billion TRX was circulating as of 2026-11-08, with total supply also about 95.03 billion. No maximum supply is specified, and supply figures can change.
Can you stake or vote with TRX?
TRX holders can lock tokens to gain TRON Power and vote for Super Representatives. Check current lock-up, withdrawal and reward terms before staking, since conditions can vary.
What is the market cap of TRON?
As of Nov 8, 2026, TRON had a market cap of about $30.5B, ranking #8 among cryptocurrencies by market capitalisation. Market cap is price multiplied by circulating supply, so it moves with the price.
What is the all-time high of TRX?
TRON's all-time high is $0.4313, reached on Dec 3, 2024. Its all-time low is $0.001804 (Nov 11, 2017). Past prices say nothing about future returns.
What is the circulating supply of TRX?
As of Nov 8, 2026, about 95.03B TRX were in circulation; no fixed maximum supply is listed.
Which blockchains is TRX on?
TRX is the native token of Tron.