Crypto Gloom

TRON (TRX) Price Prediction 2024-2030: Can TRX Reach $1?

Story Highlights

  • Here is the real-time price of Tron Coin: $ 0.16406330
  • Tron cryptocurrency could reach as high as $0.25 by 2024.
  • TRX coin price could reach $1.10 by 2030.

as 10th The price of TRX, the largest altcoin by market cap, has been steadily rising even in the highly volatile cryptocurrency market. Also, Tron, the second-largest player in the DeFi world, has been making a huge comeback since the bear market in 2022.

With amazing growth every year 98% In 2023, the uptrend momentum continues to grow and shows a breakout rally. With the overall market under bullish influence, questions such as “Is TRX a good investment?” are on the rise in the crowd.

Predict TRX price movements from 2024 to 2030 with Coinpedia’s technical analysis, latest updates, developments, and various price prediction methods.

outline

Cryptocurrency Tron
token Trex
price $ 0.16406330 greengreen 10.82%
Market capitalization $ 14,259,406,628.2089
Trading volume $1,895,825,767.8713
Circular supply 86,914,053,651.5322
Best ever January 5, 2018 $0.3004
All time low September 15, 2017 $0.001091
24 High $ 0.0000
24 low $ 0.0000

Tron Price Prediction August 2024

As price volatility increases, this altcoin has gained 50.31% this year. In addition, its circulating supply 86,919,122,836 TRX token ranks 10th in market capitalization. $14.296 billion.

The positive impact could push the Tron coin price to its highest levels. $0.1750. However, if the bears prevail, this altcoin could retest important support levels. $0.140.

month Potential low price ($) Average Price ($) Potential high price ($)
August $0.1400 $0.1575 $0.1750

TRON Coin Price Prediction Q3 2024

If the market regains its momentum, TRX coin price may break through the resistance level and hit a new high. $0.20 By the end of the third quarter.

On the other hand, if the bears continue to dominate the market, this could result in a crash to record lows. $0.10. Through this, the average price can be determined as follows: $0.15.

1/4 Potential low Potential average High potential
3rd quarter $0.10 $0.15 $0.20

TRX Coin Price Prediction 2024

If the Tron ecosystem continues to grow in 2024, the TRX coin price is expected to reach its highest level. $0.251.

The downside is that if the TRON ecosystem faces regulatory pressure and fails to gain momentum in the adoption race, the TRX price may decline. $0.080Therefore, traders can expect an average price. $0.165 For TRON in 2024.

Year Potential low Potential average High potential
2024 $0.080 $0.165 $0.251

TRON Price Prediction 2025

Considering the growth of the Defi ecosystem, it is expected that the TRX coin price will skyrocket. Investors can see that the TRX coin price continues to surpass the psychological barrier. $0.30 And make another high swing $0.330.

If there is a correction towards the downtrend, the TRX price may decline as follows: $0.076Create an average price $0.206.

Year Potential low Potential average High potential
2025 $0.076 $0.206 $0.330

TRON Price Target 2026 – 2030

Year Potential low price ($) Potential Average ($) Potential high price ($)
2026 $0.093 $0.266 $0.44
2027 $0.114 $0.357 $0.59
2028 $0.234 $0.487 $0.73
2029 $0.297 $0.593 $0.89
2030 $0.4167 $0.753 $1.10

TRX Price Prediction 2026

TRX coin price is expected to hit an all-time high by 2026. $0.44It surpasses the following important psychological levels: $0.40. If a recession occurs, the TRX price is expected to decline. $0.093On average $0.266.

Tron Coin Price Prediction 2027

TRX price is expected to continue its bullish trend and retest its highs in 2027, with a possible recovery. $0.59. On the other hand, TRX cryptocurrency may hit the bottom. $0.114On average $0.357.

TRON Crypto Price Prediction 2028

If the bullish trend continues in 2028, TRX price could reach the following ranges: $0.234 and $0.73The average prices are as follows: $0.487.

TRON Token Price Action 2029

TRX price is expected to break through the psychological barrier. $0.80. Creates a new swing high. $0.89TRX cryptocurrency may form a lower level. $0.297On average $0.593.

TRON Price Prediction 2030

TRX coin price is expected to hit a new all-time high. $1.10 Potentially low in 2030 $0.4167The average price of cryptocurrencies is: $0.753.

Market Analysis

Company name Potential low Potential average High potential
Wallet Investor $0.155 $0.199
Price Prediction.net $0.1886 $0.2687 $1.72
Digital Coin Price $0.33 $0.40 $1.20

TRX Price Prediction by CoinPedia

According to Coinpedia’s TRON price prediction, the expected price of the TRON cryptocurrency could potentially hit an all-time high. $0.25 this year.

However, if the downtrend continues, the value of TRON may plummet to its lowest level. $0.080. As a result, the expected average price is approximately: $0.165.

We expect the TRX coin price to reach $0.25 by the end of 2024.

Year Potential low price ($) Average Price ($) Potential high price ($)
2024 $0.080 $0.165 $0.251

Reality Check: Obstacles on the Road to $1

The future is bright, but TRX will have a hard time reaching $1. Here are some of the key risks:

  • Competition from other blockchains like Ethereum, Cardano, Polkadot, etc., which have large developer communities and resource advantages. Emerging Layer 1s are also competing to scale.
  • Regulatory barriers still exist as governments restrict the use of cryptocurrencies or impose new rules for decentralized applications. Increased oversight could slow growth.
  • As we saw during the last crypto winter, market volatility is inevitable. One uncertain macro event could lead to a sudden price drop, damaging TRX momentum in the short term.

Historical price sentiment

TradingView: TRX/USDT

Frequently Asked Questions

Is it a good idea to invest in Tron?

Yes, Tron Coin is a profitable investment in the long run.

How high can TRX go by the end of 2024?

TRX price could reach potential all-time highs. $0.25 By the end of 2024.

Is the Tron Blockchain Better than the Ethereum Blockchain?

The Ethereum ecosystem is currently facing a serious problem of huge gas fees. Therefore, to solve this problem, Tron Blockchain claims to lower transaction fees.

What is the possible maximum closing price of TRX by the end of 2025?

According to CoinPedia’s TRX price prediction, the digital asset could close trading at its maximum price tag. $0.33 By the end of 2025.

Will the TRON (TRX) coin price reach $1?

Current analysis suggests that the TRX coin price could soar to $1.10 in 2030. However, as adoption increases and demand grows, the Tron price could soar to $1.50.

If you invested $100 in TRON (TRX) in 2020, how much will you have in 2024?

Assuming you invested in TRON on January 1, 2020, you would have made a return of 1,188.97%. So, $100 invested in Tron in January 2020 would be worth $1,288.97 today.

How to buy TRON?

TRON’s TRX is available for trading on major cryptocurrency trading platforms such as Binance, Coinbase, Zebpay, and Kraken.

What is the current price of one Tron token?

At the time of writing this article, the price of 1 TRX cryptocurrency was: $0.1636.

Trex