Cryptocurrency Price Prediction

TRON [TRX] Price Prediction 2022, 2023, 2024, 2025: Is TRON A Good Investment?

Written by: Elena R

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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Sep 29, 2022

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Tron is regarded as one of the most sought-after currencies in the crypto world. And boasts a wide range of adoption and utility. Presently, there are a host of Decentralized Applications (DApps) on the tron . As more DApps join the system every now and then, Tron (TRX) continues to hold its popularity in the crypto ecosystem.

Quant

$139.20

green-dropdown 4.348%

Bitcoin Cash

$121.50

green-dropdown 4.292%

Matic Token

$0.77

green-dropdown 2.05%

WazirX

$0.20

green-dropdown 1.964%

SHIBA INU

$0.00

green-dropdown 1.808%

Terra

$2.46

green-dropdown 1.492%

Cosmos

$12.75

red-dropdown 0.196 %

Chromia

$0.15

red-dropdown 0.399 %

NEO

$8.81

red-dropdown 1.032 %

Dogecoin

$0.06

red-dropdown 1.143 %

Maker

$740.00

red-dropdown 1.37 %

Terra

$2.46

red-dropdown 1.492 %

SHIBA INU

$0.00

red-dropdown 1.808 %

WazirX

$0.20

red-dropdown 1.964 %

Matic Token

$0.77

red-dropdown 2.05 %

Bitcoin Cash

$121.50

red-dropdown 4.292 %

This popularity often begs the question of what the future holds for TRX’s price. Is it a viable project in the long run or just based on “thin-air”? Dive in, as this write-up illustrates the plausible TRON price predictions for 2022 and the years to come.

Overview

CryptocurrencyTRON
TokenTRX
Price$ 0.0609
Market cap$ 0.0000
Circulating Supply 0.0000
Trading Volume $ 0.0000
All-time high$ 0.0000 Jan 1, 1970
All-time low$ 0.0000 Jan 1, 1970

TRON (TRX) Price Prediction

YearPotential LowAverage PricePotential High
2022$0.06112$0.07120$0.08247
2023$0.07627$0.10983$0.14759
2024$0.12766$0.18082$0.2442
2025$0.20208$0.29703$0.39156

Tron Coin Price Prediction For 2022

Tron had initiated the year with a bearish trap, with its price at $0.07502. The stronghold of the bears pushed the price further,  where it found support at $0.063 on the 10th of January. Whilst it did pose a leg-up to $0.0725 over the week. Turbulence in the market pushed the price to its quarterly bottoms at $0.0514, by the 24th of January.

However, the digital asset managed to rise back to $0.0703, by the 10th of February. Thereafter volatility coming from torrential torments influenced a sideways momentum. Wherefore, the asset hovered close to its support levels. That said, TRX price posed an uptrend towards the end of the first quarter, taking the price to $0.07874. 

After initiating Q2 on a positive note, Tron’s price slipped down to $0.0578 by the April 11th. The altcoin took a short-term rebound to $0.0751, but slumped down to $0.0751 by April 27th. Surge in volumes pushed the price to $0.092 by May 8th. However, it took a downswing to $0.065. Thereafter, an uptrend helped the daily wick brush $0.091, post which TRX took a dip to $0.047. 

TRX Crypto Price Prediction For Q3 

TRX price could skyrocket to a maximum of $0.06229, if it finds a spike in buyers. On the flipside, negative criticism and a dump in the market could land the price at $0.05893. That said, regular trade practices could let the price settle at intermediate levels of $0.06061.

TRON Crypto Price Prediction For Q4

Tron could commence the fourth quarter on a bullish note, as RSI divergence is evident on the trading chart. Moreover, Tron’s Grand Hackathon could turn imperative for the altcoin, as it would find a host of participants. If Tron finds overwhelming volumes coming from investors and traders, with the optimism of the final quarter. The price of TRX could soar to its potential high of $0.08247.

In contrast, depleting volumes and lack of interest in whales could deter the projection. Taking the numbers down to $0.06112. That said, usual buying and selling pressures could settle the TRX price at $0.07120.

TRX Price Prediction For 2023 

The count of TRX holders has been on a steady incline on the higher time frame. In a recent accomplishment, the percentage of TRX holders had reached a maximum of 64.82%. The Tron network might focus on the betterment of its platform, so that it can increase its user base. Successively, by the end of 2023, Tron might exchange trades at its potential high of $0.14759

Source: Tron Scan

On the contrary, if regulatory fears continue to threaten, then it could plummet to a bottom of $0.07627. That being said, the lack of fulfilling events could close the year’s trade at $0.10983.

TRX Coin Price Prediction For 2024

If the team behind the Tron network employ developmental and community building initiatives. Seeking impetus from its growing audience, TRX’s price might propel to a maximum of $0.2442. On the down side, ebbing stance and stiffer competition could leave the digital asset behind at $0.12766. That said, the regular price could land at $0.18082.  

TRON Price Prediction For 2025

Over the next three years, we could find more organizations embracing the technology. The impetus could come from publishing start-ups or music start-ups. As the prediction depends on its acceptance ratio, TRX price could reach a maximum trading value of $0.39156

On the flip side, the possibility of negative trends cannot be ruled out. Which can take the price down to $0.20208. Successively, constrained by a linear momentum, the year could conclude at $0.29703

Market Analysis

Trading Beasts:

As per Trading Beast’s TRON price predictions, TRX price is revised to hit a maximum price of $0.09789. And a minimum of $0.0665 by the end of 2022. That said, the token is expected to trade at an average price of $0.07831. The website anticipates Tron to trade at a maximum price of  $0.10347 by 2023, and $0.13053 by 2025.

Wallet Investor:

Wallet Investor predicts TRX Price to reach a maximum of $0.0819, by the end of 2022. The website’s metrics suggests that the Tron price may hit a maximum of $0.0774 by the end of 2023. And a potential high of $0.0923 by the end of 2025. 

Digital Coin Price:

According to the firm’s TRX price prediction, the altcoin could surge to a maximum of $0.0738 by the end of 2022. Whilst a reversal in trends could knock the price down to $0.0512. An equilibrium in buying and selling pressures could settle the price at $0.0628. The analysts from Digital Coin Price have set the maximum closing targets for 2025 at $0.26. 

Long Forecast: 

The website forecasts that Tron could reach the price of $0.062 by the end of 2022. The website expects a bearish run in the long-term, the firm pins the maximum price target for 2023 at $0.052. And the potential high for 2025 at $0.055.

To read our in-depth price prediction of Ethereum Classic (ETC) click here

What Is TRON (TRX)?

Tron is a blockchain platform that came into existence in 2017. Justin Sun is the founder, who had previously worked for ripple . The protocol aims to transform and expand the way digital content and publications operate. Moreover, the protocol makes it easier to share content with major service providers like YouTube or facebook as content creators. 

Tron (TRX) is a leading coin by market cap, that emanated as an ERC20 token on the Ethereum network. By April 2018, Tron migrated to its own smart computing system. Tron strives to be an ethereum opponent, meaning its aim is to be a smart contract protocol that can host decentralized apps. And it has achieved major milestones with respect to the same.

Company Details

tron

  • Blockchain Network

Tron is a decentralized blockchain network that was launched in 2017. The Tron network was developed by the Tron Foundation, and founded by Justin Sun. The platform was created with the vision of helping content creators earn more rewards for their work. The rewards to the creators are given in the blockchain’s native asset “TRX”. The protocol supports dApps, select blockchains, and smart contracts. The Tron ecosystem is based on three layers, namely: the storage layer, the application layer, and the core layer. which collectively ensure the efficient running of the network. The Tron network employs the delegated Proof-of-Stake (dPoS) consensus mechanism, which makes it relatively more energy efficient.   The Tron network manifests its strengths through characteristics such as high throughput (which is 2000 TPS without fees), high scalability, and high availability. The platform is home to a host of applications, which include TRON wallet, TRONSCAN, Tron dApps, Tron SR, TRC20-USDT, SunSwap, and Tron crypto ETFs, amongst others. Tron holds a number of globally renowned partners, such as Samsung, Opera, BitTorrent, APENFT Marketplace, Poloniex, and Swisscom Blockchain. The company has an advantage over other prominent blockchain networks due to its dominance in decentralized applications and strong presence among content creators. 

Fundamental Analysis

In September 2017, coinmarketcap listed Tron at $0.002, with a trading volume of $48,512. The price of Tron was $0.044682 in early January 2018, later the price reached $0.22 on 5 January 2018.

TRX had its best years between its first two years of existence. Listed in 2017, the cryptocurrency was changing hands at $0.002 and had next-to-nothing trading volumes. However, in 2018, in January, the coin experienced its first major pump which pushed the price to $0.05. Fast forward to 2022, at press time the ROI of TRX is at 2999.55%.

CoinPedia’s TRX Price Prediction

There are minor changes in the TRX cryptocurrency price forecast. Perhaps the cryptocurrency will gradually grow over the years. It all depends on the development and the efforts of the team. 

As per Coinpedia’s formulated TRON price prediction, the estimated cost of cryptocurrency this year may hit a maximum of $0.082. That said, if bearish trends continue to haunt the projections of TRX, the altcoin might sink down to the lows of $0.061

Historical Price Sentiments

2017

  • In September 2017, Tron was seen at $0.002, with a trading volume of $48,512. 
  • The price maintained a similar range till the first week of December 2017. 
  • By the end of 2017, the price surged high to $0.05 to form the yearly highs.

2018

  • The price of Tron was at $0.044682 in early January, later the price reached $0.3 on the 5th of January, to mark the ATH. 
  • However, the spike was short-lived and the price dropped drastically within a month close to $0.044.
  • The price again spiked a little in mid of 2018. And dipped again to its lowest level of close to $0.01 by the end of 2018.

2019

  • The whole of 2019 passed with minor fluctuations with no major spikes in the TRX price. 
  • June 2019 saw TRX price reaching $0.04 which is the all-time high of 2019. 
  • TRX price ended 2019 with a low value of $0.013406. 

2020

  • Tron began the year trading at around $0.015, around February, the price of Tron had touched about $0.025 before the inbound downfall. 
  • Towards the end of Q1 2020, Tron began with a price plunge which drove its price down to $0.008. 
  • By April, prices marched upwards touching $0.015 again. The surge continued into May as prices tried to set major support above the level. 
  • However, a surge beyond the $0.02 level proved abortive. 

2021

  • TRX entered the year 2021 with a price of $0.02 in early January.  
  • On January 4th, 2021, the TRON network confirmed its partnership with the PRC National Development and Reform Commission. 
  • This resulted in a study rise in the currency and the price hit $0.1646 on April 15, 2021. 
  • Due to the market crash on May 19th, the price plunged back reaching $0.05572 in June. 
  • TRX hit a new ATH of $0.1161 on the 16th of September 2021. 
  • The altcoin plummeted and experienced a steep fall to $0.0775 by the year’s end. 

Click here to read our detailed price forecast of Bitcoin Cash (BCH)!

FAQs

Is Tron a good investment?

Yes, Tron is a profitable investment, if considered for the long term.

Is Tron Blockchain better than Ethereum Blockchain?

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. 

How High can TRX go by the end of 2022?

TRX price could possibly hit its potential high of $0.08247 by the end of 2022.

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

According to our TRX price prediction. The digital asset could possibly close its trade with a maximum price tag of $0.39156 by the end of 2025.

How to buy Tron?

Tron’s TRX is available for trades across prominent cryptocurrency exchange platforms such as Binance, Coinbase, Zebpay, and Kraken, amongst others.

Does TRON have a future?

The strong fundamentals of TRON and in-house developments can help the project propel higher in the future.   

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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