TRON (TRX) is gaining ground and now stands within striking distance of its previous all-time high of $0.4313, set back in December 2024.
Although the asset remains around 26% below that peak, recent gains signal growing investor confidence as a broader altcoin rally accelerates.
In the past month alone, TRX has surged by over 19%, with gains totaling nearly 142% since July 2024. While Bitcoin, XRP, and BNB have already hit new records this week, TRX could be next in line if momentum holds.
Much of the current rally appears fueled by renewed optimism among retail traders, with institutional capital continuing to flow into crypto ETFs. The recent passage of several pro-crypto bills by the U.S. House, including the GENIUS and anti-CBDC acts, has also lifted market sentiment by suggesting a more favorable regulatory path ahead.
Still, TRON’s path to a new high isn’t without obstacles. A sudden wave of profit-taking or a drop in ETF inflows could trigger a temporary pullback. Additionally, any sharp correction in Bitcoin might drag down altcoins alongside it. But if current trends persist, TRON could soon join the list of cryptos setting new all-time records in 2025.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/tron-trx-rally-brings-all-time-high-within-reach/