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Bitget: Ranked top 4 in global daily trading volume!
BTC market share59.83%
New listings on Bitget:Pi Network
Altcoin season index:19(Bitcoin season)
BTC/USDT$84326.15 (-0.32%)
Fear and Greed Index20(Extreme fear)
Total spot Bitcoin ETF netflow -$275.9M (1D); -$2.96B (7D).Coins listed in Pre-MarketWCT
Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share59.83%
New listings on Bitget:Pi Network
Altcoin season index:19(Bitcoin season)
BTC/USDT$84326.15 (-0.32%)
Fear and Greed Index20(Extreme fear)
Total spot Bitcoin ETF netflow -$275.9M (1D); -$2.96B (7D).Coins listed in Pre-MarketWCT
Welcome gift package for new users worth 6200 USDT.Claim now
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Wrapped TRON price

Wrapped TRON priceWTRX

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Data is sourced from third-party providers. This page and the information provided do not endorse any specific cryptocurrency. Want to trade listed coins?  Click here

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Note: This information is for reference only.

Price of Wrapped TRON today

The live price of Wrapped TRON is $0.2332 per (WTRX / USD) today with a current market cap of $20.39B USD. The 24-hour trading volume is $861,476.43 USD. WTRX to USD price is updated in real time. Wrapped TRON is 2.33% in the last 24 hours. It has a circulating supply of 87,422,900,000 .

What is the highest price of WTRX?

WTRX has an all-time high (ATH) of $0.4368, recorded on 2024-12-03.

What is the lowest price of WTRX?

WTRX has an all-time low (ATL) of $0.04577, recorded on 2022-11-14.
Calculate Wrapped TRON profit

Wrapped TRON price prediction

When is a good time to buy WTRX? Should I buy or sell WTRX now?

When deciding whether to buy or sell WTRX, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget WTRX technical analysis can provide you with a reference for trading.
According to the WTRX 4h technical analysis, the trading signal is Buy.
According to the WTRX 1d technical analysis, the trading signal is Sell.
According to the WTRX 1w technical analysis, the trading signal is Buy.

What will the price of WTRX be in 2026?

Based on WTRX's historical price performance prediction model, the price of WTRX is projected to reach $0.2582 in 2026.

What will the price of WTRX be in 2031?

In 2031, the WTRX price is expected to change by -1.00%. By the end of 2031, the WTRX price is projected to reach $0.3527, with a cumulative ROI of +55.48%.

Wrapped TRON price history (USD)

The price of Wrapped TRON is +65.57% over the last year. The highest price of in USD in the last year was $0.4368 and the lowest price of in USD in the last year was $0.1057.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+2.33%$0.2176$0.2332
7d-1.80%$0.2176$0.2481
30d-2.89%$0.2051$0.2575
90d+13.69%$0.2030$0.4368
1y+65.57%$0.1057$0.4368
All-time+11273.20%$0.04577(2022-11-14, 2 years ago )$0.4368(2024-12-03, 88 days ago )

Wrapped TRON market information

Wrapped TRON's market cap history

Market cap
$20,386,181,891.47
Fully diluted market cap
$20,386,181,882.37
Market rankings
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Wrapped TRON ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

About Wrapped TRON (WTRX)

What Is Wrapped TRON?

Wrapped TRON (WTRX) acts as a bridge between different blockchain ecosystems, primarily the TRON and Ethereum networks. As the name suggests, Wrapped TRON is a version of the TRON (TRX) token, wrapped or enveloped into an ERC-20 compliant token for use within the Ethereum ecosystem.

In the increasingly interconnected world of cryptocurrencies and DeFi, different blockchain ecosystems often function as separate entities. Interoperability between these blockchains is a major challenge that Wrapped TRON seeks to address, essentially facilitating cross-chain transactions between TRON and Ethereum.

TRON is known for its high-speed and low-cost transactions, which has made it a popular choice for dApps (decentralized applications). However, Ethereum, with its advanced smart contract functionality, continues to be the leading platform for DeFi projects. Wrapped TRON allows users to utilize the strengths of both ecosystems - the speed and affordability of TRON and the diverse DeFi landscape of Ethereum.

Resources

Whitepaper: https://tron.network/static/doc/white_paper_v_2_0.pdf

Official website: https://tron.network/

How Does Wrapped TRON Work?

Wrapped TRON works by representing an equal value of TRON (TRX) tokens but in the form of ERC-20 tokens, which are compatible with the Ethereum network. This process is managed by a custodian or a decentralized protocol, depending on the wrapping model. The custodian (which can be a trusted third party or a smart contract) holds the original TRX tokens and issues an equivalent amount of Wrapped TRON on the Ethereum blockchain.

The process of wrapping and unwrapping TRON tokens works as follows:

- Wrapping: A user sends TRX tokens to a wrapping contract (custodian), locking up the original TRX tokens. An equivalent amount of Wrapped TRON is then minted on the Ethereum blockchain and credited to the user's Ethereum address. This way, 1 Wrapped TRON always equals 1 TRX token.

- Unwrapping: If the user wants to convert their Wrapped TRON back into TRX, they can send their Wrapped TRON to the wrapping contract, which will burn or destroy the Wrapped TRON tokens and unlock an equivalent amount of TRX tokens. These TRX tokens are then returned to the user's TRON address.

In both processes, the total supply of TRON is not affected since the wrapping process involves locking up the same amount of TRX that is created as Wrapped TRON on the Ethereum network.

Wrapped TRON's Impact On Finance

Wrapped TRON (WTRX) has significant implications for the financial landscape, particularly within the growing decentralized finance (DeFi) sector. By acting as a bridge between the TRON and Ethereum ecosystems, WTRX enables TRX holders to access Ethereum's diverse DeFi offerings. This opens up new investment opportunities, increases liquidity in the DeFi space, and facilitates greater interoperability between blockchain networks. Furthermore, by combining TRON's high-speed, low-cost transactions with the broad DeFi landscape of Ethereum, Wrapped TRON enables users to optimize their activities for cost efficiency, diversify their investment risks, and capitalize on the strengths of both ecosystems. In this way, WTRX plays a crucial role in enhancing the functionality, accessibility, and growth of the DeFi sector, contributing to the ongoing evolution of the financial industry.

What Determines Wrapped TRON's Price?

Understanding the factors that influence the Wrapped TRON price is crucial for both seasoned and new cryptocurrency investors. The current Wrapped TRON value is shaped by a blend of elements, including its role as a bridge between the TRON and Ethereum ecosystems. This cross-chain capability affects Wrapped TRON's market cap and plays a significant role in Wrapped TRON price predictions. With its unique feature set, Wrapped TRON enables users to tap into Ethereum's expansive DeFi landscape while enjoying TRON's high-speed and low-cost transactions. As DeFi and dApp usage surges, so does demand for Wrapped TRON, which in turn affects its USD price.

When looking at the Wrapped TRON price chart, it's essential to consider both historical and real-time Wrapped TRON price data. Wrapped TRON price history reveals how this token has reacted to past market conditions, while real-time Wrapped TRON price updates provide current insights. If you're considering buying Wrapped TRON, staying on top of Wrapped TRON price analysis can give you a more comprehensive understanding of its market behavior. Factors such as fluctuations in the price of TRON (TRX) or Ethereum (ETH), Wrapped TRON's market cap, and overall cryptocurrency market trends can influence how much Wrapped TRON is worth. This complex interplay of elements makes Wrapped TRON's future price a subject of interest for traders looking to convert Wrapped TRON to USD. So, whether you're tracking Wrapped TRON vs TRON price or aiming to understand the Wrapped TRON cryptocurrency price in broader terms, a multifaceted analysis is key.

Conclusion

In conclusion, Wrapped TRON is a versatile and powerful tool for the cryptocurrency community, bridging the gap between the TRON and Ethereum ecosystems, and facilitating a greater degree of interaction and utility between the two.

It's important to note that like any other cryptocurrencies, Wrapped TRON carries its own risks and it's always wise to do your own research and exercise caution while investing.

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FAQ

How does Wrapped TRON compare to other cryptocurrencies?

TRON stands out for its dedication to decentralizing digital entertainment and web content. Although it frequently secures a spot among the top 10 cryptocurrencies in terms of market cap, its precise ranking and value fluctuate depending on market circumstances and how other coins are performing.

Is Wrapped TRON a good investment?

What is Wrapped TRON used for?

What is a Wrapped TRON token?

What makes Wrapped TRON unique?

What is the difference between TRON tokens and Wrapped TRON tokens?

What is the current price of Wrapped TRON?

What is the 24 hour trading volume of Wrapped TRON?

What is the all-time high of Wrapped TRON?

Can I buy Wrapped TRON on Bitget?

Can I get a steady income from investing in Wrapped TRON?

Where can I buy Wrapped TRON with the lowest fee?

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WTRX
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1 WTRX = 0.2332 USD
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WTRX resources

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