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Tron ($TRX) Price Prediction 2024 – 2030

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Tron is an incredibly popular Layer-1 blockchain offering fast transaction speeds and some of the lowest fees of any major network. It’s the main hub for Tether’s $USDT stablecoin and could be poised to compete with Ethereum for dominance of smart contract computing.

So, how much will Tron’s $TRX token be worth in the future? Our Tron price prediction will take a closer look at this blockchain’s prospects and forecast the price of $TRX from 2024-2030.

Tron Price Prediction 2024, 2025, 2030

Want to dive straight into our Tron price prediction? Here’s where we think $TRX will be in 2024, 2025, and 2030.

  • End of 2024 – We think Tron will continue its 2024 growth streak, ending the year on a high note and reaching a price of $0.17.
  • End of 2025 – We predict Tron will benefit from a crypto bull market in 2025, growing revenue and increasing demand for $TRX as transaction volume increases. We predict an average $TRX price of $0.26.
  • End of 2030 – We anticipate that Tron will continue its growth trajectory through the end of the decade, but could see headwinds from its lack of decentralization and competition with other blockchains. We predict an average $TRX price of $1.97 at the end of the decade.
Year Potential Low Average Price Potential High
2024 $0.15 $0.16 $0.17
2025 $0.21 $0.26 $0.32
2026 $0.28 $0.44 $0.63
2027 $0.35 $0.68 $1.18
2028 $0.44 $1.03 $2.05
2029 $0.54 $1.46 $3.34
2030 $0.63 $1.97 $5.12

Tron Price Prediction 2024

Tron’s $TRX token has been one of the most successful large-cap cryptos of 2024, outpacing gains in Bitcoin and Ethereum. Over the past 12 months, $TRX has steadily advanced to its current price of $0.15.

At the same time, the Tron blockchain generated annual transaction revenue of $1.75 billion, even surpassing monthly revenue from the Ethereum blockchain over the last quarter. Tron’s revenue is up 116.73% over the past year and 31.85% over the past 30 days, showing significant strength in the project and its community.

Tron Protocol Revenue Over Time

Another positive indicator for Tron is that the total value locked (TVL) to the Tron blockchain has remained steady at around $20 billion since the beginning of the year. The majority of this value comes from $TRX staking, Just Cryptos, and the JustLend DAO.

Perhaps the most positive indicator of all for Tron is that the circulating $USDT supply is up to $114 billion, from $92 billion at the start of the year. The vast majority of $USDT is issued on the Tron blockchain and it’s one of the largest drivers of demand for $TRX.

All of these indicators help to explain the steady rise in the price of $TRX over the course of 2024 and suggest that there’s little to stop the price from continuing to rise. Based on trendline analysis of the $TRX price chart and the fact that $TRX reached a price of $0.1616 at the height of the 2021 crypto bull market, we predict that $TRX could reach a high of $0.17 by the end of the year.

Tron Price Prediction 2025

We anticipate that Tron’s momentum will continue into 2025, aided by a crypto bull market and new crypto regulations that increase the utility of $USDT.

The crypto bull market is likely to begin with Bitcoin, which analysts expect could rocket to $200,000 in 2025. A major increase in crypto trading and an influx of new investors to the market could bring many new users to Tron, which offers much lower transaction fees than either Bitcoin or Ethereum. Tron’s $TRX token could also be appealing to investors because of its steady growth over the past year, which contrasts with the volatility experienced by $BTC and $ETH.

In addition, a crypto bull market is likely to encourage a resurgence in decentralized finance, a niche in which Tron remains a major player. Growing DeFi activity is likely to drive up demand for $TRX thanks to major Tron dApps like Just Cryptos and JustLend.

Tron Accounts Growth Chart

Tron could also benefit from changing US policy around cryptocurrency, and especially new crypto regulations. Both candidates in the US presidential race are seen to be more friendly to crypto than the current Biden administration, and there’s now a real push in the US Congress to create rules specifically for cryptocurrencies.

New rules and regulations could increase the adoption of crypto broadly by institutional investors, banks, and companies. This is especially good for Tron since the Tron blockchain is home to most of the supply of $USDT—which could be used more widely for payments and remittances by banks and companies if clear rules are put in place.

With all of this in mind, we predict that $TRX could reach an expected average trading price of $0.26 in 2025. This represents a potential gain of 71.25% from today’s $TRX price.

Tron Price Forecast Long Term Outlook – 2026-2030 Predictions

Our long-term TRX price forecast is mixed. We think that the token is likely to continue growing at an impressive pace and outperform the broader crypto market. However, we also think that headwinds could begin to creep in that hold the project back from becoming one of the most important blockchains of the 2030s.

We expect all of the same factors that have driven growth in the Tron ecosystem and the $TRX token price in 2024—and that we expect to keep momentum strong in 2025—to be active during the 2026-2030 period.

Most significantly, Tron is likely to continue to outcompete other blockchains, including Ethereum Layer-2 networks, on transaction fees. As long as this is the case, Tron will likely continue to dominate $USDT transactions and reap the benefits of further penetration of $USDT into real-world transactions.

However, as Tron grows in size, concerns about the blockchain’s centralization are likely to grow as well. Tron’s delegated proof-of-stake (dPoS) validation mechanism has long been considered less decentralized than the proof-of-stake mechanism used by Ethereum or the proof-of-work mechanism used by Bitcoin. This could become a problem for Tron as major financial institutions consider using the network for $USDT transactions.

Tron could also face competition from other new blockchains, including some that offer faster transaction speeds and similarly low-cost transactions. TON Network, which set the record for transaction processing speed, could grow into a major Tron rival in the second half of the decade. BlockDAG, which plans to use directed acyclic graphs (DAGs) to make its blockchain more scalable, could also pose a threat to Tron.

Considering these growth drivers and risks together, we predict that the price of $TRX will rise to $1.97 in 2030, although a minimum price of $0.63 is possible should these other blockchains surpass Tron significantly.

Our Tron Price Prediction Methodology

Our $TRX price prediction is based primarily on fundamental analysis of the Tron blockchain. We examined the factors driving revenue growth and TVL in the network, competition with rival smart contract blockchains, and the competitive positioning of Tron’s most important dApps. We also considered the macroeconomic environment around the crypto market, which is likely to impact TRX’s price.

We also used technical analysis to a lesser degree to predict the price of $TRX at the end of 2024. Technical analysis is best suited to this short-term Tron forecast, and we relied mostly on trendline analysis to track Tron’s rise from the beginning of 2024 until now.

Tron Price History

Tron and its native $TRX token launched on August 28, 2017, at a price of around $0.002. It exploded shortly after launch, reaching an all-time high of $0.30 in January 2018.

The token’s price quickly fell back to a more sustainable baseline, trading around $0.025 for much of 2018 and 2019. During the crypto bull market from 2020-2021, $TRX ran up to a price of $0.162. It fell to a low of $0.050 in November 2022 when FTX collapsed.

Since then, $TRX has been steadily gaining value. It was priced at $0.108 at the beginning of 2024, and the current Tron price is $0.15 as of October 4, 2024. Tron now has a market cap of $13.60B, making it the 9th-largest cryptocurrency by market cap.

What Is Tron?

Tron is a Layer-1 smart contract blockchain created in 2017 by Chinese-born entrepreneur Justin Sun. It uses a delegated proof-of-stake consensus mechanism to validate transactions, which enables the blockchain to be significantly faster and cheaper than competing blockchains like Ethereum. Whereas Ethereum is limited to around 15 transactions per second, the Tron blockchain typically processes around 2,000 transactions per second.

Tron Homepage

Tron’s development was originally managed by the Tron Foundation, which Sun led, but it transformed into the Tron DAO in December 2021. Anyone can participate in the Tron DAO by holding $TRX tokens. $TRX token holders can also stake their coins to earn rewards in the form of additional $TRX.

Coin NameTRON (TRX)
TRON Price$0.15
TRON ATH$0.30 (January 5, 2018)
TRON Price Change 24h▲ 1.36%
TRON Price Change 7d▲ 1.52%
TRON Market Cap$13.60B
Circulating Supply86.62B

Tron Use Cases

The Tron blockchain has several use cases:

  • Stablecoin transactions: Tron is home to most of the circulating supply of Tether’s $USDT stablecoin, and it is used for the majority of $USDT transactions. Tron has largely attracted $USDT volume because of its speed and low transaction fees.
  • Creator communities: Tron leverages peer-to-peer transactions to allow creators—including artists, musicians, video creators, and others—to offer access to their work directly to customers without paying intermediaries. Tron ultimately aims to disrupt content distribution platforms like Netflix, YouTube, and Spotify.
  • Governance: Tron is governed by a DAO, and anyone who owns $TRX tokens has a say in the future of the network.
  • Staking: $TRX token holders can stake their coins to delegates, who in turn validate transactions on the Tron blockchain. Staked $TRX earns additional tokens, making $TRX one of the best crypto staking coins.

What Drives the Price of Tron?

Tron’s price is driven by a large number of factors, including competition from other blockchains and regulatory conditions around the crypto market. We’ll cover some of the most important factors impacting $TRX that we considered in our analysis.

  • Revenue growth: The steady upward march of the $TRX price in the past year has been thanks to the network’s revenue growth from transactions. Revenue growth is in turn dependent on Tron’s ability to continue attracting users to its existing dApps and developers who will build new dApps.
  • Tether: Tether’s dominance of the stablecoin market—and its reliance on Tron as the main network for $USDT transactions—is crucial to the price of $TRX. A change in the status of Tether as a globally used stablecoin would have a major impact on the price of Tron.
  • Regulations: Regulatory changes are likely to impact how companies and banks use $USDT, and possibly the wider DeFi ecosystem built on Tron. More crypto-friendly regulations are likely to drive up demand for $TRX.
  • Justin Sun: Justin Sun has long been intricately involved in Tron’s development, but the founder of Tron is also a controversial figure. News about Sun—positive or negative—is likely to have at least a short-term impact on the price of $TRX.
  • Crypto market conditions: Growth of the wider crypto market is likely to push more investors into $TRX, both because of the blockchain’s size and the relative strength of the $TRX token over the past 18 months.

Is Tron a Buy?

Based on our Tron TRX price prediction, we believe it could be among the best altcoins to buy today. The $TRX price has been riding a wave of momentum for more than 18 months, and the token’s price growth appears very sustainable considering that Tron has rising revenue and a growing supply of $USDT to generate even more transaction fees.

Over the long term, Tron could face competition from alternative smart contract blockchains such as TON and BlockDAG. However, we think Tron is strong enough to weather the challenges these competitors pose, and more crypto-friendly regulations could increase the importance of Tron for global transactions in the $USDT stablecoin.

All that said, nothing is guaranteed for Tron’s future. You should always perform your own research before buying $TRX and only invest money you are willing to lose.

Conclusion

According to our Tron price prediction, $TRX could produce a return of 71.25% by the end of 2025 and a return of 1,157.82% by the end of 2030. It’s a very strong Layer-1 blockchain with a massive user base and plenty of room for continued growth.

However, investors should keep in mind that since Tron is already the 9th-largest crypto by market cap, its potential for growth is significantly limited compared to smaller-cap cryptocurrencies. Investors looking for greater returns can find 10x-100x opportunities in our list of the best cryptocurrencies to buy now.

Find the Best Cryptos to Buy Now

References

FAQs

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Michael Graw is a freelance writer focused on the intersection of finance and technology. He has written extensively about blockchain technology and Web3 and his work has appeared in outlets including Cryptonews, Techopedia, Techradar, Tom's Guide, Boston Globe, Harvard Business Review, and more. Michael is based in Bellingham, Washington.

View all Posts by Michael

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