TRON
TRX#8TRX is the native coin of TRON, a low-fee blockchain widely used for stablecoin transfers.
- Market cap
- $31.81B
- Volume 24h
- $437.39M
- All-time high
- —
- Circulating supply
- 94.98B
Passes our 8 Shariah criteria. Needs caution: excessive uncertainty (gharar) and benefit and harm (maslahah).
- 6 pass
- 2 caution
- 0 fail
Verdict history
- HalalCurrent
First publication
Fundamentals, market picture and news will appear here.
AI Insight
Fundamentals: Moderate
Moderate fundamentals: TRON is the largest network for USDT transfers with heavy daily use, but control is concentrated around its founder and a few block producers, supply has no cap and institutional backing is thin.
Reviewed every 3 months and on major eventsNews: Positive
A first US exchange-traded fund holding staked TRX began trading, widening institutional access to the token.
Reviewed monthly and when something material happensPrice & market
TRON trades inside its narrow current zone of $0.334–0.336, between the 50-day and 200-day averages, with low volatility. Heavy daily use as the main USDT payment network supports the picture. At this price the upside to $0.344 (+2.8%) is slightly smaller than the downside to $0.323 (−3.5%), a ratio of 0.8, so the potential is low over the next 2–12 weeks. Concentrated control, dependence on USDT and thin institutional backing remain the main risks. The $0.329–0.331 interest zone would give a better balance.
- Review level
- $0.323
AI-assisted analysis. Not investment advice.
Technical analysis
4HThe trend and key levels appear once 200 candles close. About 6 days to go.
Where it trades
Section in preparation
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