Tron has seen a low of $0.05331 and a high of $0.06595 in the last 24 hours.
Tron is a network focused on maximising the amount of transactions a blockchain network can compute at once. Bitcoin can handle six per second, whereas Tron can process up to 2,000 transactions per second.
The price of the coin has risen slightly by around 16%. This is as trading volume has remained largely unchanged.
The Tron project is led by Justin Sun, who founded the project in 2017.
Where to buy Tron
Kraken
Kraken is a San Francisco-based cryptocurrency exchange that allows users to trade various digital currencies. With a strong emphasis on security, Kraken employs cold storage for most funds and offers two-factor authentication (2FA). Its user-friendly interface provides real-time charts and order books, making it suitable for both beginners and experienced traders. Kraken also complies with regulatory requirements in the jurisdictions where it operates.
Uphold
Uphold is a global digital money platform that offers financial services. It deals with 250+ currencies (both traditional and crypto) and commodities, facilitating more than US$4 billion in transactions. Uphold’s vision is to create a future where everyone has access to safe, transparent, fair, and affordable financial services
Why are people buying Tron?
In a tweet from last week, Tron’s CEO and founder, Justin Sun, tweeted out some bullish news for Tron.
Sun’s tweet revealed that Tron users have now exceeded 40 million – making it the world’s fastest growing public chain.
As more users rush in to prove the use cases of Tron, there will likely be an increase in the price of the project.
🔥Another milestone for #TRON and #TRONICS.
📢According to @TRONSCAN_ORG, #TRON total accounts exceeded 40 Million🚀
💪This incredible growth shows #TRON is the world’s fastest-growing public chain.
🙌Thanks for all the support from #TRON community and #TRONICS. pic.twitter.com/Y8KkjqbcM1
— H.E. Justin Sun 孙宇晨 (@justinsuntron) June 17, 2021
Tron now finds itself in a unique position of being a widely popular Chinese cryptocurrency from a country that has just launched a crackdown on cryptocurrency activity.
Time will tell if this also has an impact on the growth of the project.