Story Highlights
- Tron crypto could reach a maximum of $0.12 by the end of 2024.
- TRX coin price, with a potential surge, could go as high as $0.7259 by the end of 2030.
- Tron coin price today is $ 0.11528631
As the 11th biggest altcoin per market cap, TRX price shows a persistent upward journey amidst the highly volatile crypto market. Despite some hiccups along the way, the rising channel trend of TRX price shows a potential bullish year for Tron.
Further, being the second biggest player in the DeFi world, Tron is making a huge comeback after the bear market of 2022. With a remarkable annual growth of 98% in 2023, the uptrend momentum continues to grow and shows a breakout rally starting in January 2024.
Currently, Tron ranks as the 11th biggest coin with a market capitalization of $10.66B and sustains a dominant rally above the $0.10 psychological mark. Therefore, TRON (TRX) is making its presence known as a high-performing coin.
With the overall market taking bullish influence, questions like: “Is TRX a good investment?” are rising in the crowd.
To address these pressing queries, we’ve crafted a comprehensive Tron price prediction for 2024 – 2025. With our technical analysis, recent updates and developments, and various price prediction methods, be ready to ride the TRX rally.
Join us as we dive into the TRX price prediction for 2024 – 2025 and beyond.
What’s New With TRON?
- TRON is a decentralized blockchain platform launched in 2017 that focuses on digital entertainment and peer-to-peer networks.
- Market Position: TRON (TRX) ranks as the 10th largest coin by market cap and the second-largest ecosystem by total value locked.
- Total Value Locked: TRON’s TVL at $5.305 billion is approaching its all-time high of $6.8 billion, indicating the platform’s growing usage.
- Justin Sun’s Ethereum Stake: Sun recently withdrew 30,000 ETH ($56 million) from Lido, reducing his Ethereum stake to 263,294 ETH ($491.6 million). His initial stake earned him an annual yield of about 4.87%.
- Tether on TRON: Tether issued an additional 1 billion USDT on TRON, enhancing its liquidity. Over the past 90 days, USDT’s market value increased by $2.6 billion, capturing 65% of the stablecoin market. This move emphasizes Tether’s focus on TRON’s efficient transaction capabilities.
TRON Price Prediction For January 2024
With a bullish trend in motion, the TRX price action shows a rising channel pattern in the 1D chart. Further, the altcoin shows a consolidation range breakout as a step back closer to challenging the overhead resistance trendline.
The $0.109 breakout shows an entry opportunity too the sideline traders who are waiting for a spot to enter the rising TRX trend.
Currently, the TRX price is taking constant dynamic support from the 50D EMA while taking resistance from the $0.10 mark. Further, the lack of support from the bullish players is visible in the intraday trading volume.
Nevertheless, TRX appears to remain well-positioned and may soon take off above the $0.10 level as the bullish channel sustains. On an optimistic note, the uptrend can reach the $0.15 mark if the price trend gains momentum.
On the flip side, if the bears manage to take control and push the price below this level, the next support to watch would be at $0.085.
TRX Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
January 2024 | 0.085 | 0.1175 | 0.15 |
TRON Coin Price Prediction 2024
In a market where volatility is the norm, TRX (Tron) has managed to sustain a steady uptrend, boasting a 98% annual return in 2023. The asset is currently strengthening its bullish raaly above the key psychological level of $0.10, making it a focal point for traders and investors alike.
In 2024, TRX has charted an impressive uptrend, boasting a new 52-week high at $0.1177. This upward momentum in Tron’s valuation has seen periodic corrections, especially when compared to Bitcoin, resulting in the formation of a robust support trendline.
Additionally, the TRON ecosystem is seeing a big increase in its Total Value Locked (TVL), which is now at $8.145 billion. That’s getting close to its all-time high of $8.56 billion, which shows that the platform is being used increasingly and securing more and more assets.
This surge in demand and the platform’s robust performance could potentially trigger a bullish TRON (TRX) market price spike.
If the TRON ecosystem continues to gain momentum in 2024, the TRX coin price is expected to reach the height of $0.25. On the downside, if the TRON ecosystem faces regulatory pressure and fails to gain momentum in the adoption race, the TRX price might slide down to $0.080. Therefore, traders can expect an average price of $0.165 for TRON in 2024.
TRX Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | 0.080 | 0.165 | 0.25 |
TRON Price Prediction For 2025
Considering the growth of the Defi ecosystem, the TRX coin price is expected to boom. Investors can find the TRX coin price sustaining above the psychological barrier of $0.20 and create another swing high at $0.217.
In case of a bearish correction, the TRX prices might slide down to $0.076, making an average price of $0.1465.
TRON Classic Price Prediction 2026 – 2030
TRX Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2026 | 0.093 | 0.1965 | 0.30 |
2027 | 0.114 | 0.237 | 0.36 |
2028 | 0.234 | 0.337 | 0.44 |
2029 | 0.297 | 0.4435 | 0.59 |
2030 | 0.4167 | 0.57335 | 0.73 |
TRON Price Prediction For 2026
By 2026, the TRX coin price is expected to hit a high of $0.30. In case of an economic slowdown, the TRX price is expected to make a low of $0.093, with an average of $0.1965.
TRON Price Prediction For 2027
With a potential recovery in 2027, the TRX price is expected to continue the bull run and retest the high of $0.36. On the flip side, the TRX crypto can bottom out at $0.114, with an average of $0.237.
TRON Price Prediction For 2028
With continued bullish momentum in 2028, the TRX price can form a range between $0.234 and $0.44, with an average price of $0.337.
TRON Price Prediction For 2029
Coming a step closer to its all-time high of $0.30 in 2029, the TRX price is expected to surpass the psychological barrier of $0.25. Creating a new swing high at $0.297, the TRX crypto might form a low at $0.22, with an average of $0.4435.
TRON Price Prediction For 2030
TRX coin price is expected to create a new all-time high of $0.73 in 2030. With a potential low of $0.4167, the crypto will have an average price of $0.57335.
TRON (TRX) Price Prediction 2023-2030
CoinPedia’s TRX Price Prediction
The overall point of view for the TRX price prediction remains bullish as the TRON ecosystem is getting ahead in the adoption race. Moreover, the recovering price trend in 2024 projects bullish growth for TRX crypto in the coming years.
Based on Coinpedia’s TRON price forecast, the anticipated price of the TRON cryptocurrency could potentially peak at $0.30 this year. However, should bearish trends prevail, the value of TRON might plummet to a low of $0.080. Consequently, the expected average price stands at approximately $0.165.
We expect the TRX coin price to reach the height of $0.30 by the end of 2024.
TRX Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
2024 | 0.080 | 0.165 | 0.30 |
Market Analysis
TRX Price Prediction | 2023 | 2024 | 2025 |
Trading Beasts | $0.10 | $0.10 | $0.116 |
SwapSpace | $0.038 | $0.078 | $0.0826 |
DigitalCoinPrice | $0.17 | $0.19 | $0.27 |
Long Forecast | $0.089 | $0.129 | $0.111 |
Historical Price Sentiments
FAQs
Yes, Tron coin is a profitable investment, if considered for the long term.
The Ethereum ecosystem is currently facing a serious problem of huge gas fees. Therefore, addressing the issue, Tron blockchain claims to lower the transaction fees.
According to our TRX price prediction. The digital asset could possibly close its trade with a maximum price tag of $0.131 by the end of 2025.
TRX’s price could possibly hit its potential high of $0.084 by the end of 2023.
Considering you invested in TRON in January 2020, you would have made a 500% return. In simple terms, you would have made 5 times the profit on your investment. Therefore, the $100 invested in Tron in January 2020 will be worth $500 today.
At present, the analysis projects a potential high of $0.34 for the TRX coin price in 2030, however, with increased adoption and rising demands, it is possible for the TRON price to reach $1.
TRON’s TRX is available for trades across prominent cryptocurrency exchange platforms such as Binance, Coinbase, Zebpay, and Kraken.
TRX
Source: https://coinpedia.org/price-prediction/trx-tron-price-prediction/