TRON is recognized for its ambitious vision, and the founder Justin Sun is known as one of the “crypto celebrities’’. Today, it is mostly used as a quick and affordable network to send stablecoins. The ChangeHero team reviewed what crypto experts think and made a TRX price prediction for 2024 and further in the future.
All TRON Price Predictions 2024–2034
- TRON enjoys a more lofty position than most crypto assets thanks to being the most cost-effective blockchain network USDT is on. Together with the network growth, the value of its native coin TRX increases as well.
- Perhaps, because of this, a bullish TRON price prediction sees this asset beat its price record by 2026 and reach $3 by the end of the decade.
- On the other hand, a bearish TRON price prediction supposes it could happen, too, but TRX’s price will be back into the cent range before long.
What is TRON and TRX?
The TRON blockchain is a decentralized network for transacting value and for the development of blockchain applications. The goal of TRON is to revolutionize the entertainment industry by empowering content creators to monetize their content. Since it is a blockchain network, there is no need for intermediaries who control the distribution of media.
The value in the TRON network is transferred with the native coin Tronix (TRX) (sometimes also called TRON). TRX coin can also be staked to secure the network in exchange for voting power, additional bandwidth, and energy. The latter two are used for smart contract calls and zero-fee transactions.
In more detail, you can familiarize yourself with TRON and native TRON cryptocurrency TRX in our Beginner’s Guide.
Historical TRON (TRX) Price Performance
TRON Price in 2017–2020
TRON was launched in 2017 with the help of an ICO (Initial Coin Offering). It raised $70 million and distributed 100 billion TRX. TRX was launched just in time for the rising interest in cryptocurrencies and the Bitcoin rally which took almost all other assets to new record prices.
On January 5, 2018, TRX quickly rose to $0.3004, which is still its all-time high price. In 2018, TRX price was in a downtrend during the “crypto winter”. The 2018 closing price for TRX was about $0.01-0.02.
The downtrend was broken in mid-2019 when TRX price managed to return to the $0.03 range in June. Nevertheless, it could not go against the overall bear trend in the market, and soon the slow downtrend came back.
2020 opened with TRX sitting tightly in the $0.01 range. February looked like the start of a new market-wide rally, and TRON at that time broke above $0.02. The COVID-19 pandemic brought down the prices in mere days. Since then though, the price of TRX has been slowly but surely climbing up.
TRON Price in 2021–2024
2020 closed and 2021 opened with TRX on the rise, valued at $0.026. It wasn’t until April that TRX went parabolic up to $0.1621. After that, there have been attempts to break the downtrend but the price entered a downward range. There were a few peaks at the top of it, namely in November 2021 ($0.1236) and recently, $0.0853 in May 2022.
However, in June, TRX sharply corrected from $0.088 down to $0.05 and since then struggled to break out above $0.07. Despite being down 58% from the record price, TRX is still being traded at the level above its prices for the major part of its history.
The current TRON price at the time of writing is $0.1258 and the coin ranks 11th by market capitalization (according to CoinMarketCap).
What Influences the Price of TRON?
TRON Ecosystem Growth
As a smart contract platform like Ethereum, TRON places a big emphasis on applications and protocols built on the platform. TRON has almost everything like its counterparts: tokens, dApps, DeFi, and NFTs. However, the ‘killer feature’ of TRON is the most popular stablecoin in the crypto market, USDT. Thanks to its quick processing times and low fees, TRC-20 USDT is a popular choice with stablecoin users.
Even though the TRC-20 USDT supply is a little short of $60 billion, the minting rate is declining. It is nothing to be alarmed about: the contraction reflects the decrease in market confidence.
Acquisitions and Partnerships
TRON Foundation is known for partnerships that cause buzz in the news. In 2018, they acquired BitTorrent, a peer-to-peer file-sharing platform with 12.9 million active monthly users. In February 2020, their acquisition of Steemit caused the STEEM blockchain to split.
Since then, the Foundation was reformed into a DAO as Justin Sun stepped down from crypto. The TRON DAO, though, continues the outreach in a familiar way.
Most recently, the DAO has sent out press releases boasting a new candidate in the list of Super Representatives: Google Cloud. The infrastructure provider is well-known for its pro-blockchain stance and numerous collaborations in the crypto space.
SEC vs. Justin Sun
On the other hand, there is a major factor that can affect the price of TRX negatively: the ongoing lawsuit against the TRON founder. Despite his attempts to step aside, he still holds considerable power in the public image of TRON, and the news mentioning him affects the TRX investor confidence.
The United States Securities and Exchange Commission sued Justin Sun in March 2023, alleging that he orchestrated unregistered offers and sales, manipulated the market, and unlawfully touted crypto asset securities.
A lawsuit by the SEC is not far from a death sentence, as SEC vs. Ripple has demonstrated. Depending on the developments in the case and the conclusion, it can bolster the standing of TRX. Or, at the very least, provide occasional buying opportunities.😉
TRON Price Forecast and Analysis
TradingView user BitcoinJesse analyzes the TRON price chart on a monthly scale and comments:
TRX Tron about to breakout of a giant ascending wedge on the monthly charts. Correlation to bitcoin at the lows,
TRXBTC ratio forming massive bottom signals. Volume trend in line with breakout timing.
Some huge stats that are going to catch people off guard, leading to strong price action once this breaks out:
1) Google is now voted in as 1/27 super validators on the network
2) Total volume surpassing visa network with onchain volume nearly the 50% mark
3) Most active users of any chain
4) USDT (stablecoins) as "killer app". US Gov realizing that major countries are no longer buying T-Bills (and
actually selling them) while stablecoins continue to drive huge demand from the developing world
5) The only chain with actual FREE transactions if you stake enough TRX
6) The only deflationary chain with a 6 year proven record and 0 downtime or failing transactions
TRON (TRX) Price Prediction for 2024
How much will TRON be worth soon? Let’s see what other analysts have to say.
Tobith Tom at Coin Edition claims the average price of TRX in 2024 will stay below its current price. The best target TRON should shoot for is near $0.1321: not much higher than the TRX coin’s price today. In the long term, the support and resistance levels to watch are $0.051 and $0.1531 respectively.
The Economy Forecast Agency predicts that TRX will trade between $0.125 and $0.1438 in a week. In a month, the average price of TRON is forecast to be around $0.1415.
YouTuber Jon Trading analyzes the long-term trends in TRON price with Fibonacci extensions. Should TRX value repeat the past price performance, it could go as high as $0.2226 by the end of 2024. The price history and trends suggest a confluence near the ATH level, which creates a ceiling on TRON price, in his opinion.
TRON Price Prediction 2025
According to CoinCodex’s algorithmic TRON price prediction, TRX holders will be back in profit no sooner than six months from now. In exactly a year, TRON’s price is estimated at $0.2187.
In contrast, the TRON prediction by Gate.io sets up less optimistic expectations. According to their TRON Coin price prediction for 2025, TRX may cost $0.0733–0.2293. If you bought TRX today, it can bring you +21% a year later, provided the bullish TRON forecast holds up.
According to Techopedia, the long-term outlook for TRX is solid but murked by the FUD. Because a Bitcoin bull run is expected to peak next year and TRON is enjoying great network activity these days, by 2025 its price can go up to $0.22. At the very least, it should not drop below $0.1 in that time.
TRON Price Prediction 2026–2029
Expert opinions and estimates are more likely to turn out true in the near term. The further we try to glimpse the future, the more reliable price targets by algorithms that use historical analysis get.
In the case of TRON, the resulting targets seem optimistic. Nothing extraordinary but still, new heights in sight.
| Year | AMB Crypto | Crypto News Z | CoinGape |
| 2026 | $0.24–0.29 | $0.192–0.276 | $0.164–0.313 |
| 2027 | $0.33–0.39 | $0.249–0.359 | $0.164–0.452 |
| 2028 | $0.44–0.52 | $0.325–0.486 | $0.544–0.667 |
| 2029 | $0.58–0.7 | $0.424–0.61 | $0.797–0.966 |
TRON Price Prediction 2030 and Beyond
Let’s refer to historical and algorithmic analysis for the TRON price prediction at the end of the decade and even ten years in advance.
CoinLore’s TRX forecast goes all the way to 2050, but their price ranges leave a huge margin of error. For example, in 2030 they see TRX worth up to $0.6843 but set no floor price at all, indicating that it might as well go to zero. In a few more years, by 2034, TRON can skyrocket to a landmark target of $1.41 or further go down to $0.0465.
CoinCu, on the other hand, is noticeably more bullish on the price of TRX. In 2030, its price range will increase to $2.02–2.77. By 2034, a decade from now, they see the TRON steadily trading above $1.26 and rising to $3.03 maximum.
The final and borderline bearish long-term TRON coin price prediction comes from the Coin Price Forecast. In 2030, they forecast TRX for $0.21–0.22 but by 2034, the average price of TRX can be anywhere between $0.29 and $0.3.
How to Buy TRON?
If you are new to crypto but have made up your mind to buy TRON, try doing it on ChangeHero! The process is simple and you will get a great deal for your bank card TRX purchase.
If you already have crypto, swap it for TRON (TRX) on ChangeHero! Get TRX at the best rates, in a few steps without obligatory KYC or registration.
- Choose the currencies on the home page, amounts, and the type of exchange. Provide your TRX wallet address in the next step and check the details;
- Double-check the provided information, read and accept the Terms of Use and Privacy Policy;
- Send the cryptocurrency for the swap in a single transaction. In a Fixed Rate transaction, you have 15 minutes before it expires;
- Sit back and relax. Now we are doing all the work: checking the incoming transaction and making the exchange as soon as it arrives;
- As soon as the exchange has been processed, your TRX is on its way to your wallet. And so, the transaction is finished!
The support team is here to help you 24/7, and in any case, reach them in the chat on the website or through the email: [email protected].
Conclusion
TRON’s position as the network of choice for the most popular stablecoin makes it one of the best-established crypto projects. It also tries to stand as its own thing to an admirable degree but it inevitably comes with the prospect of some things holding it down.
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Frequently Asked Questions
Can TRON hit $10?
TRON’s circulating supply is over 87 billion tokens and it is not limited. For TRX price to approach $10, its market capitalization dominance has to overtake even Bitcoin, which is not something anyone predicts anytime soon.
What will TRON be worth in 2030?
At the end of this decade, TRX could be worth $0.21–2.77, depending on the prediction method used.
What will be the price of 1 TRX in 2025?
A year from now, various sources and methods predict the expected average price of TRON to be anywhere between $0.07 and $0.23.
Can TRX go to $1?
According to some TRON predictions, especially on the longer time horizon, TRX can hit $1 and more.
Disclaimer
This article is not a piece of financial or investment advice. No price prediction is guaranteed to provide exact information on the future price.
When dealing with cryptocurrencies, remember that they are extremely volatile and thus, a high-risk investment. Always make sure to stay informed and be aware of those risks. Consider investing in cryptocurrencies only after careful consideration and analysis of your own research and at your own risk.
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