TRON Price Prediction 2024, 2025 – 2030: Will The Rising TRX Price Reach $1?

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.

Currently, Tron ranks as the 11th biggest coin with a market capitalization of more than $10 Billion and sustains a dominant rally above the $0.10 psychological mark.

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.

A Look Back at TRX’s Journey (2017-2024)

TRX had a rocky start after its ICO in 2017, debuting around $0.004. However, it showed signs of life in mid-2018 and reached $0.2096. 2019 saw even more progress, such as the release of the TRON Virtual Machine and the rise of decentralized applications. This kicked off a downfall where TRX hit a low of $0.0277 by the end of 2020.

The years 2021 to 2024 brought mainstream adoption of TRX. Major exchanges listed TRX, which is used by millions worldwide. The TRON network supported thousands of dApps with over $1 billion in transaction volume. Upgrades to the protocol sped up transactions and reduced fees. Celebrities and influencers endorsed TRX, bringing the crypto to new audiences. TRON also formed strategic partnerships to be accepted as currency across different sectors. By early 2024, TRX was among the top 10 cryptocurrencies by market cap. 

Past predictions foreseeing $1 TRX by 2023 turned out to be conservative. While the path was bumpy, Justin Sun’s vision and execution delivered results through good times and bad. TRX proved doubters wrong by achieving actual adoption and increasing long-term value.

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 April 2024

Recently, TRX experienced a bearish movement, as depicted by the prominent red candlestick. It indicates a 3.01% decrease in price over the past week, suggesting a sell-off during that period. The price has descended to retest the Fibonacci retracement level of 0.618, priced around $0.1078057, which historically acts as a strong level of support or resistance.

The current week’s price action is crucial since it’s testing the 0.618 Fibonacci level derived from a previous swing low to swing high. This level often serves as a critical junction where the asset could bounce back due to buying pressure, suggesting strong support.

However, if the selling pressure continues, the price may break through this level and move towards the next Fibonacci level of 0.5 or even 0.382, acting as a potential support level.

On the flip side, if the bulls manage to take control and push the price higher, the next resistance to watch would be at $0.15.

TRON Price Prediction For March 2024

Recently, TRX experienced a bearish movement, as depicted by the prominent red candlestick. This indicates a 7.83% decrease in price over the past week, suggesting a sell-off during that period. The price has descended to retest the Fibonacci retracement level of 0.618, priced around $0.1078057, which historically acts as a strong level of support or resistance.

The current week’s price action is crucial since it’s testing the 0.618 Fibonacci level derived from a previous swing low to swing high. This level often serves as a critical junction where the asset could either bounce back due to buying pressure, suggesting strong support.

However, if the selling pressure continues, the price may break through this level and move towards the next Fibonacci level of 0.5 or even 0.382, acting as a potential support level.

On the flip side, if the bulls manage to take control and push the price higher, the next resistance to watch would be at $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. 

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

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

Factors Influencing the Fire: What Could Push TRX to $1?

For TRX to hit the $1 benchmark, several developments must occur. Key among them:

• Widespread adoption of TRON dApps. If millions more users participate in dApps for gaming, gambling, NFTs, and more, demand for TRX to power these services will rise significantly.
• Integration with mainstream platforms. Similar to recent Meta moves, partnerships allowing TRX payments on e-commerce giants or social networks could introduce the coin to a vast new potential buyer base.

Wider circulation of the coin through real-world use cases is integral to supporting a higher valuation in line with TRX’s growing ambitions as one of the most extensive innovative contract protocols.

Reality Check: Obstacles on the Road to $1

While the future is bright, TRX will face challenges in reaching $1. Key among the risks:

• Competition from other blockchains like Ethereum, Cardano, and Polkadot that have large developer communities and resource advantages. Emerging layer-1s are also racing to scale.
• Regulatory hurdles remain if governments restrict crypto usage or impose new rules around decentralized applications. Increased scrutiny could dampen growth.
• Market volatility is inevitable, as seen from past crypto winters. One uncertain macro event may lead to sudden price drops, impairing TRX momentum in the short term.

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.

We expect the TRX coin price to reach the height of $0.30 by the end of 2024.

Market Analysis

Historical Price Sentiments

The Verdict: Will TRX Hit $1 by 2030?

Weighing the possibilities of support and resistance, it seems unlikely that TRX will reach $1 by 2030 based on the obstacles that could stifle momentum over such a long period. However, the crypto market is unpredictable, and if TRON’s execution remains strong while gaining more adoption year-over-year, breaking this barrier may happen sooner. Ultimately, long-term price predictions spanning over half a decade should be taken with a mine of salt. Do thorough research, understand risks, and only invest what you can afford to lose for maximum safety in this volatile space.

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