Tron (Tron) is a layer 1 blockchain that, due to its very low costs and the ability to develop decentralized applications on it, the demand for using this network and its native digital currency with the symbol TRX has always been high. In this article from Aruzdigital, while examining the predictions of various analytical websites about the future of Tron, we also examine its roadmap and future developments.
Disclaimer: The crypto market is known for its extreme volatility and there is no 100% guarantee of achieving the desired results. Therefore, the predictions of this article should not be considered as a recommendation from ErzDigital to buy, sell or invest in TRX currency. Always do your own thorough research and use risk management techniques to avoid losses.
Prediction of the future of Tron from 2024 to 2030
Tron aims to become a decentralized blockchain for all kinds of media sharing and social networking models. In this platform, it is also possible to share income. Therefore, both content creators and audiences are able to profit from it. In addition, Tron has become a new home for the creation and supply of memecoins, which can help increase the value of the network and the price of its digital currency, TRX.
Despite the popularity of Tron, the controversy and uproar has been an inseparable part of this project, which has a great impact on its price. To predict the future price of TRX, factors such as the general trend of the crypto market, developments and collaborations, and technical analysis of this digital currency should be considered. One of the websites that predicts the Tron price using these criteria is TechoPedia. In the table below, you can see a summary of this forecast:
year | Potential price floor | Average price potential | Potential price ceiling |
2024 | $0.071 | $0.096 | 0.12 dollars |
2025 | $0.1 | 0.16 dollars | $0.22 |
2030 | 0.12 dollars | 0.19 dollars | $0.26 |
Tron price prediction in 2024
According to a recent report by BusinessInsider, Bank of America is optimistic about the financial markets in 2024 and the S&P500 index could increase by 19% by the end of 2024. This issue can undoubtedly be a positive thing for digital currency markets.
Justin Sun’s activities in China
However, the two main risks that could prevent TRX price growth in 2024 are legal issues and the possibility of a cryptocurrency bull market.
Tron founder Justin Sun’s activities in China are one such troubling case. According to Bloomberg, despite the fact that digital currency trading is prohibited in China, with his activities, Mr. Sun provides the opportunity to use the HTC (old Hubei) exchange for investors living in mainland China.
This issue could cause more problems for Mr. Sun and the Tron Foundation in the future and affect the development of its network.
The future of TRX according to Tekopedia
However, Techopedia has said that it has a positive outlook for Tron’s price in 2024 due to continued upgrades, unique usability and overall market optimism.
Taking these points into consideration, this site’s prediction of the future of TRX Tron for the end of this year is to reach the ceiling of $0.12. Of course, as you know, Tron has already reached the level of $0.15 in Mehr 1403 and has fulfilled this prediction several months earlier.
Tron price prediction in 2025
According to Techpedia, one of the strengths of the Tron project is its business development strategy and ability to attract large companies to build on its network. This project cooperates with reputable companies such as Samsung, Polynex, Opera and many others.
In addition to focusing on the field of entertainment and media, this project has also paid special attention to the development of stable coins. Justin Sun recently announced that Tron plans to increase the market value of its stablecoins to 60 billion dollars. This happened at the same time as the introduction of the algorithmic stablecoin stUSDT. Despite concerns that the Terra Luna algorithmic stablecoin may collapse in 2022, Tron plans to mitigate these risks by adding collateral and transparency to stUSDT.
The next feature is that Tron is the second largest blockchain after Ethereum in terms of Total Value Locked (TVL), and currently, the largest amount of Tether has been released on Tron. Overall, these factors demonstrate the considerable strength of the Tron ecosystem and ensure the network’s potential for future growth.
Due to the network activity and the total value locked, Techpedia sees the potential for more price growth in TRX currency and expects it to climb to a maximum price of $0.22 by the end of 2025.
Tron price prediction in 2030
One of the reasons for Tron’s long-term potential is its compatibility with Ethereum’s Solidity programming language. This feature makes it easy to transfer code, programs, and assets between these two networks, and Ethereum developers can easily work on Tron as well.
Another advantage of this network is the very low cost of its transactions, which is a fraction of a cent; Compared to Ethereum, whose transaction fee sometimes reaches hundreds of dollars. However, Tron faces challenges in terms of decentralization. This network has only 27 Super Representatives as validators, which contradicts the decentralized nature of the blockchain. This could lead users who value decentralization to second-layer Ethereum solutions such as Polygon.
Taking all this into consideration, Tekopia analysts have predicted a maximum price of $0.26 for TRX in 2030.
Tron currency price history from 2017 until now
Tron’s digital currency, Tronix, with the symbol TRX, was created in 2017 as an ERC20 token on the Ethereum network, but after three months it migrated to its parent blockchain, Tron.
Private and public sale and distribution of TRX token in 2017
This project will have a private sale stage in the first quarter of 2017 (Winter 2017) at a price of $0.0003 per unit and a public sale stage in the form of Initial Coin Offering (ICO) between August 31st and September 2nd of the same year (September 9th and 11th 96) at a price of $0.0019 per unit. 7.7 million dollars were collected in private sale and 70 million dollars in public sale. After this ICO, Tron was listed on exchanges at a price of $0.002006 and officially started its work.
Until December 2017, the price of TRX remained relatively stable. But in December of that year, due to Tron founder Justin Sun’s connections with China, there was a lot of hype around this digital currency and its price started to rise.
TRX currency price trend from 2018 to 2020
This upward trend continued until 2018 and on January 5 (16/95), this token reached its historical high of $0.3004. Of course, this price peak was short-term and the price of Tron immediately fell and reached the local bottom of $0.027.
In March 2018 (March 2018), Tron’s exclusive Testnet was released and finally on June 25 of that year (July 4, 2017), its mainnet was launched. Then, TRX tokens were transferred from the Ethereum network to Tron’s dedicated network. During this period, due to the hype created in the market, this digital currency was able to rise to the level of $0.09375.
After the finalization of the migration to the dedicated network, Tronics token started its price decline again. Although we saw Tron price increase at times, until the end of 2021, the trend of this digital currency was almost neutral.
TRX currency price trend from 2021 to 2024
In the bullish market of 2021, Tron was able to recover part of the previous losses and reach the local ceiling of $0.1573 in April (1400). Of course, this rise was not sustainable and in September of that year (September 1400), it fell to the local floor of $0.05102.
From the end of 2022, Tron’s long-term uptrend began and has continued until today in 2024. This digital currency reached the local ceiling of $0.1666 on August 28, 2024 (September 7, 1403); A price that was not reached even in the rising market of 2021. TRX currency is currently trading in the range of $0.15 in October 2024 (October 1403), and with a market value of more than $13 billion, it is among the top ten digital currencies in the market.
The future prediction of Tron price from the point of view of different analytical websites
In addition to Tekopedia, other websites such as CoinCerts, AMB Crypto and some others also use various criteria such as technical and fundamental analysis to predict the future price of digital currencies including TRX. In the following, we examine these predictions.
Be careful that these forecasts are related to the time of writing this article on 14 Mehr 1403 and the numbers in the tables may change as the market trends change.
AMB Crypto
AMBCrypto is one of the popular analytical websites that has predicted the future of TRX currency until 2035 as follows:
year | Potential price floor | Average price potential | Potential price ceiling |
2024 | 0.14 dollars | 0.18 dollars | $0.22 |
2025 | 0.15 dollars | 0.19 dollars | $0.23 |
2026 | 0.19 dollars | $0.24 | $0.29 |
2027 | $0.23 | $0.29 | $0.34 |
2028 | $0.25 | 0.31 dollars | 0.38 dollars |
2029 | $0.25 | $0.32 | 0.38 dollars |
2030 | 0.31 dollars | 0.38 dollars | $0.46 |
2035 | $0.52 | $0.66 | $0.79 |
Coinpedia
If CoinPedia’s prediction is correct, we should expect TRON to reach $1 by 2030:
year | Potential price floor | Average price potential | Potential price ceiling |
2024 | $0.080 | 0.165 dollars | 0.251 dollars |
2025 | $0.076 | 0.206 dollars | 0.330 dollars |
2026 | $0.093 | $0.266 | $0.44 |
2027 | 0.114 dollars | 0.357 dollars | $0.59 |
2028 | 0.234 dollars | $0.487 | $0.73 |
2029 | 0.297 dollars | $0.593 | $0.89 |
2030 | $0.4167 | $0.753 | 1/10 dollars |
Kevin Children’s
CoinCodex, known for its ultra-cautious and sinusoidal predictions, does not consider Tron to be $1 by 2030:
year | Potential price floor | Average price potential | Potential price ceiling |
2025 | $0.1547 | $0.361303 | $0.678321 |
2026 | $0.250461 | 0.343885 dollars | $0.464452 |
2027 | $0.4406 | $0.57103 | $0.690831 |
2028 | $0.1547 | $0.361303 | $0.678321 |
2029 | $0.250461 | 0.343885 dollars | $0.464452 |
2030 | $0.4406 | $0.57103 | $0.690831 |
Cryptopolitan
The $1 TRX price target by CryptoPolitan is 2029:
year | Potential price floor | Average price potential | Potential price ceiling |
2025 | $0.2423 | $0.2491 | $0.2971 |
2026 | $0.3426 | $0.3551 | $0.4161 |
2027 | $0.5273 | $0.5415 | $0.6053 |
2028 | $0.7521 | $0.7792 | $0.9090 |
2029 | 1.08 dollars | 1/12 dollars | 1.33 dollars |
2030 | $1.65 | 1.71 dollars | $1.87 |
What is Tron (TRX)?
Tron is a layer one blockchain. Initially, the chain was designed to facilitate decentralized applications in the field of entertainment and media to transfer control to audiences and content creators. But in recent years, the network has become one of the chains with the highest value locked (TVL) and has hosted numerous DeFi projects. This success is the result of low transaction fees and cooperation with global brands.
Tron blockchain uses Delegated Proof-of-Stake consensus mechanism. In this system, 27 Super Representatives act as validators. Among these 27 representatives, every six hours one representative is selected to maintain the network and in return, receives a reward in the form of TRX digital currency.
Read more: What is Tron? Full introduction of Tron blockchain and TRX currency
What factors affect the future price of Tron?
Various factors affect the price of TRX, including the general trend of the crypto market, fundamental metrics, regulations, and more. In this section, we examine these issues.
The general trend of the crypto market
The main driver of the TRX price is the overall movement of the cryptocurrency market. The price of Tron, along with other digital currencies, increases and decreases with market fluctuations.
Global laws and policies
The network ranks 10th in terms of market capitalization, despite having the highest number of daily active wallets and second in terms of value locked (TVL). Since the inception of the project, Tron and its founder have been involved in several controversies. Repeating this issue can greatly affect the price of this digital currency in the future.
Network improvements
Factors such as extensive network activity and significant applications of TRX currency can contribute to the growth of the price of this digital currency if the market improves. On the other hand, the inflationary supply of this currency can also affect its price trend.
The future of the Tron project; Roadmap and future developments
The Tron project has not officially published a roadmap on its official website, but its founder revealed his goals in one of his posts on the X social network. Justin Sun’s first goal is to integrate Bitcoin’s second layer solutions with the Tron network. Mr. Sun plans to change the way stablecoins and other tokens work in the Bitcoin ecosystem; According to him, Tron is suitable for that. Justin Sun said:
Tron, the protocol behind the world’s largest stablecoin market with a locked-in value of $22 billion in DeFi, is ready to introduce its revolutionary second layer solution for Bitcoin.
Based on this, various types of tokens, including stable coins such as Tether and USDC, are supposed to become decentralized and connected to the Bitcoin network, its second layer solutions, and tokenization concepts such as the Ordinals protocol.
Read more: Ordinals protocol; The entry of NFTs into the Bitcoin network
This roadmap consists of three steps:
Stage α
“Phase α” focuses on improving the cross-chain connection between Tron and Bitcoin, which enables the transfer and exchange of assets based on the two networks.
Integrating the tokens of this network, including Tronics, BitTorrent and non-fungible tokens (NFT) in the Bitcoin network through cross-chain technology, is the main point of this stage, which aims to achieve interoperability between these two ecosystems.
Stage β
In “Phase β”, Tron plans to have strategic partnerships with several Bitcoin layer 2 protocols. These collaborations are expected to facilitate cryptocurrency restaking methods and support the growth of Bitcoin’s second layer ecosystem.
Stage γ
“Phase γ” focuses on unveiling a comprehensive second layer solution that integrates Tron, BitTorrent and the Bitcoin network. This protocol aims to combine the efficiency and low transaction costs of Proof of Stake (PoS) systems with the powerful security features of Proof of Work (PoW) systems and the Unspent Transaction Outputs (UTXO) model.
After the release of this roadmap, the BitTorrent currency experienced a price increase of more than 12%, which indicates the positive reception of the market for the future plans of Tron’s second layer integration.
Frequently asked questions
Considering the features and applications of TRX currency, TRON is one of the promising projects that can be included in your investment portfolio. Of course, since nothing is certain in the crypto market, don’t forget to do your own thorough research and risk management.
Tron has some interesting plans for the coming years, including the development and integration of a second layer solution for Bitcoin and Tron, which could help it grow in the future.
Some are waiting for the price of Tron to reach $1 by 2030, and others do not consider such an event likely even in 10 years.
summary
Tron is one of the popular crypto networks that competes with Ethereum due to its features such as smart contract programming, blockchain game creation, token creation, as well as very low fees. The digital currency of this network called Tronics (TRX) is used to interact with decentralized network programs, staking and payment of transaction fees. For this reason, the demand for buying Tron currency is often high. Studying the future prediction of the price of Tron can help you make a more optimal decision about buying and selling it.
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