TRON price prediction from 2023 to 2032

  • TRON Price Prediction for 2023 – Up to $0.1177

  • TRON Price Prediction for 2026 – Up to $0.3933

  • TRON Price Prediction for 2029 – Up to $1.17

  • TRON Price Prediction 2032 – Up to $3.78

TRX, also known as Tronix, is the core digital asset of the TRON blockchain network. The TRON network aims to build a decentralized blockchain infrastructure, and its main goal is to use distributed ledger technology to promote the convenience and economy of data sharing, thereby establishing a boundaryless global digital content entertainment ecosystem. In the current turbulent environment of the cryptocurrency market, TRX’s market performance and future trends have attracted much attention.

TRX reached all-time highs during the cryptocurrency boom of late 2017 to early 2018, and was one of several tokens that performed well in the market at the time. Considering that TRX has not yet returned to its all-time high levels, there is strong interest in if and when it might return to its highs. As with investing in other crypto assets, it is always wise to conduct thorough research and seek professional advice when investing in TRX.

Like other blockchain assets and cryptocurrencies, Tron is attracting attention not only for its practical applications in powering the next generation of the internet, but also for its potential to generate returns for investors. In order to continuously optimize the Tron ecosystem, extensive development work is ongoing. This is an ideal information point for any system issues you encounter.

Regarding the current value of TRX, TRON’s market price today is $0.103, with 24-hour trading volume reaching $183,845,918. In the past 24 hours, TRON’s value has increased by 0.43%. According to CoinMarketCap, TRON currently ranks 10th in the market, with a market capitalization of $9,108,370,303. Its circulating supply is 88,412,203,178 TRX tokens and the maximum supply is also 88,412,203,178 TRX tokens. Current availability is unknown.

Tron Price Analysis: TRX value drops to $0.1028 as bears rally

TL; Disaster Recovery Breakdown

  • Tron price analysis confirms the downtrend.

  • The coin value has dropped to $0.10238.

  • The support price offered is $0.1011.

According to the latest one-day and four-hour analysis of Tron (TRX) price on December 17, 2023, there are signs of a decline in the price of the coin. Selling operations have increased significantly over the past 24 hours, indicating that bears are working to establish dominance in the market. The current price action of TRX/USD suggests that this bearish trend is expected to push its price below $0.1028 as its value is declining.

The one-day chart of TRX price analysis shows that the price of the cryptocurrency is showing a clear downward trend. With increasing selling activity, the coin’s price has dropped to a low of $0.1028. Although prices recovered a bit yesterday, the trend is down again today. Furthermore, due to the previous downtrend, the value of the moving average (MA) has dropped to $0.1044.

Current market analysis shows decreasing volatility, which could signal a bullish trend for the market ahead. The Bollinger Bands indicator shows that its upper border is now located at the higher level of $0.1072, while the lower border is located at the lower level of $0.1011. At the same time, the Relative Strength Index (RSI) is showing a downward trend and its current value has dropped to 48.50, pointing to changes in market trends.

On the four-hour trading chart of TRX against the US Dollar, the current trend shows that TRX price is in a descending channel. Over the past few hours of trading, the value of TRX has dropped to $0.1029 due to continued selling pressure. This downtrend follows its previous decline, while the recent improvement in market volatility suggests that its price has stabilized around $0.1028.

Currently, market volatility is increasing, which suggests that market trends may continue to decline in the future. As market volatility increases, the Bollinger Bands indicator shows that its upper band has now adjusted to $0.1066. At the same time, the lower track of the Bollinger Bands has also been lowered to $0.1008. The current market trend, especially the relative strength index (RSI) falling to 46, shows a clear downward trend.

So, how does the Tron (TRX) price prediction unfold?

The latest daily and four-hour price analysis shows that Tron (TRX) is currently in a seller’s market. Its price has continued to fall over the past 24 hours and has reached $0.1029. The four-hour analysis also shows continued bearish conditions at the hourly level.

The latest news about Tron:

  • CFA recently once again accused Circle of its relationship with TRON, suspected of illegal financial activities. The CFA reiterated its accusations against Circle, particularly its Cross-Chain Transfer Protocol (CCTP) illegal financing practices in the digital asset space, specifically involving the Tron blockchain network. The CFA is also concerned about Circle’s unapproved issuance of USDC stablecoins on offshore blockchains such as Tron, questioning its transparency and undisclosed ties to Tron founder Justin Sun.

  • Although FTX has liquidated a large number of TRX assets recently, TRX has shown resilience amid market fluctuations. FTX transferred 161 million TRX to Binance, but the TRX price stabilized at $0.1047, showing a weekly increase of more than 5%.

  • The Tron network’s dominance in the stablecoin market is becoming increasingly clear. A study shows that in the first half of 2023, the Tron network hosted 40% of the transaction volume of the world's five stablecoin markets, with a weekly transaction volume of up to 70 billion US dollars, becoming Ethereum's main competitor in the stablecoin field.

  • TRX has achieved remarkable results as the largest blockchain on the USDT protocol, with the number of daily active addresses reaching 1.44 million and the value locked (TVL) reaching a record $6.648 billion, surpassing other major blockchains.

  • TRON partners with APENFT and the Giacometti Foundation to host an art exhibition in Paris that aims to connect art and blockchain technology.

  • TRON founder Justin Sun recently minted an $865 million TrueUSD (TUSD) stablecoin, raising concerns about TUSD’s limited use in the blockchain space.

  • The Tron address transferred a large amount of ETH to the Huobi exchange and is believed to be related to Justin Sun. The address withdrew 200 million USDT from Tron’s JustLend and transferred the funds to Huobi.

  • Tron founder Justin Sun purchased 5 million CRV tokens from Curve Finance founder Michael Egorov at a discount, in a transaction registered by the Etherdrops cryptocurrency token monitoring service.

  • Tron DAO and BitTorrent Chain have launched the Tron Builder Tour, a global promotion program that encourages developers to build on their blockchains.

  • Tether plans to work with third-party exchanges to facilitate chain swaps to convert 750 million USDT from the Tron blockchain to the Ethereum ERC20 standard.

  • DWF Labs announced a strategic partnership with the famous blockchain network TRON, aiming to leverage its expertise to enhance TRON’s ecosystem.

  • Tron CEO Justin Sun announced the company’s new mission and vision to create a Metaverse freeport and achieve global economic inclusion.

  • On the Tron blockchain, the Tether (USDT) token hit a new record of $46 billion, surpassing Ethereum’s $36.8 billion.

  • Tron founder Justin Sun accused Li Wei of acquiring and selling Huobi tokens for free. Li Wei, the younger brother of Huobi exchange founder Li Lin, is at the center of the controversy.

  • Tron (TRX) provides content creators with an intermediary-free revenue stream and supports around 2,000 transactions per second, but investor trust remains at an all-time low.

TRON price prediction from 2023 to 2032

Cryptopolitan Price Prediction

TRON Price Prediction for 2023

Forecasts and technical analysis suggest that TRON price may touch a minimum of $0.1083 by 2023. TRX price may reach a peak of $0.1177 with an average price of around $0.1135.

TRON Price Prediction for 2024

In 2024, 1 TRON is expected to reach a minimum price of $0.1588. TRX price is likely to climb to highs of $0.1900, averaging $0.1633 for the year.

TRX Price Prediction for 2025

In 2025, TRON’s price is expected to bottom at $0.2291. According to analysis, TRX price may hit a high of $0.2741, with an average price of $0.2373.

TRON (TRX) Price Prediction for 2026

The price of TRON is expected to reach a minimum of $0.3166 in 2026. The highest price is likely to be around $0.3933, with the average expected price being $0.3284.

TRON Price Prediction for 2027

Forecasts and analysis for 2027 indicate that TRON’s lowest price will be $0.4687. TRX is likely to reach a high of $0.5590 and trade at an average price of $0.4818.

TRON Price Prediction for 2028

Predictions for 2028 show that TRON will reach its lowest price of $0.6876. Its price could surge as high as $0.8109, with the average trading price around $0.7069.

TRON (TRX) Price Prediction 2029

An in-depth analysis of past TRX data shows that TRON’s lowest price in 2029 was $0.9917. The high may have reached $1.17, with an average price of $1.03.

TRON price prediction for 2030

In 2030, TRON’s price may hit a low of $1.47. The highest price prediction is likely to be $1.75, with the average price around $1.52.

TRON (TRX) Price Prediction 2031

Analysis in 2031 predicts TRON’s lowest price at $2.18. It can reach as high as $2.60, with an average transaction price of $2.25.

TRON price prediction in 2032

By 2032, TRON is expected to reach a minimum of $3.03. The highest possible price was $3.78, with the average price for the year being $3.12.

DigitalCoinPrice is optimistic about the future price trend of TRON and predicts that its value will gradually increase. The platform predicts that TRON’s price will exceed $0.22 in 2024. By the end of the year, TRON’s base price is expected to reach $0.22 and may touch levels as high as $0.25.

By 2032, the price of TRON is expected to cross the $1.96 mark. TRON is expected to have a minimum settlement price of $1.9 by the end of the year, while maintaining the potential to reach a maximum price of $1.97.

CryptoPredictions.com is also optimistic about TRON’s future price outlook. The website predicts that by December 2023, TRON’s starting price will be $0.1053, with the price expected to reach $0.11 by the end of the month. Throughout the month, the highest predicted price of TRX will reach $0.151, while the lowest price is expected to remain around $0.1032.

TRON Overview

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TRON price history

Looking at the historical price chart of the Tron cryptocurrency, it is evident that TRX has experienced significant price fluctuations over the past few years.

In the second half of 2019, the price of TRX began to fall back from the $0.04 level and found stable support around $0.11. Subsequently, the price of TRX showed an upward trend in early 2020 and hit a new historical high, which seemed to herald the arrival of a new bull market cycle.

However, in mid-February 2020, TRX reached a peak of $0.026, and the price subsequently suffered a severe sell-off, falling below previous bullish expectations. Since then, the price of TRX has fallen again.

In the subsequent period, the price of TRX fell below previous support levels to create new multi-year lows, reaching $0.07. Since then, the price of TRX has gradually recovered and formed a bullish price trend by the end of the year.

By September, the price of TRX rose sharply, once breaking through the key resistance level of $0.04 and reaching a multi-year high of $0.05.

In the following weeks, TRX price retraced back to the previous resistance range of $0.22-$0.025 and retested this range as its new support level.

The price of TRX subsequently turned around, as predicted by several prominent analysts at the time. After a period of consolidation at the end of 2020, TRX showed strong bull momentum in February 2021, with the price eventually climbing to $0.065, exceeding multiple previous price predictions.

Currently, TRON (TRX) is showing a bearish trend with its relative strength index (RSI) falling to 39. Through technical analysis on the 4-hour time frame, we can make predictions about TRON’s short-term price trend. Recent market dynamics indicate that while the price was once bearish, it has now changed direction, trading above the 50- and 100-day moving averages, and successfully breached the upper Bollinger Bands.

Factors affecting TRX price

On December 17, Justin Sun announced that he had been appointed as Grenada’s permanent representative to the World Trade Organization and would step back from the TRON project, which caused the TRX price to briefly drop 7%. Immediately afterwards, the TRON Foundation announced that it planned to disband on July 25, 2022.

Despite these challenges, the price of Tron (TRX) continues to rise. Is this down to the anonymous strategic investment in the Define social NFT platform finally bearing fruit? The funds are used to develop the first NFT market in the TRON ecosystem, with an auction to be launched soon. Perhaps due to the integration of TRON network’s BTFS file storage system with the DeFine platform in September? It is also possible that TRON’s expansion into the NFT ecosystem through the APENFT project is succeeding? Or are these the results of other strategic moves masterminded by Justin Sun?

We will now look ahead to our long-term price predictions for TRON over the next few years, with the caveat that these predictions are not specific investment advice.

TRON (TRX) is a cryptocurrency project founded in 2017 by technology entrepreneur Justin Sun. TRON was funded through a successful Initial Coin Offering (ICO) that raised $70 million, becoming one of the largest ICOs at the time and thereby increasing the popularity of the cryptocurrency.

Currently, Tron has become one of the largest cryptocurrencies on the market, with a market capitalization of over $5.4 billion and a 24-hour trading volume of over $250 million. Initially, TRX was launched as a token running on the Ethereum ERC-20 blockchain, providing a quick and easy way to run a peer-to-peer network. Later, the Tron development team moved it to a specially customized blockchain platform.

This blockchain uses a consensus algorithm for proof-of-stake mining and verification, and is one of the first cryptocurrency projects to adopt such technology. A major application of the TRX platform is to support content creators and artists by providing ownership protection for the content they create. This is achieved by recording and tracking creative content and its usage information on the blockchain, allowing content creators to directly track the use and revenue of their works, eliminating the need for middlemen.

Some of the core applications provided by the Tron ecosystem include Wallet-Cli (the official wallet client), TronLink (a convenient TRON wallet), blockchain browsers (such as tronscan.org), and DApps (decentralized applications). These applications help expand and enhance TRON’s functionality and usability.

The TRON Foundation is the management and development organization of this blockchain project, headquartered in Singapore, and aims to promote blockchain technology. As the leader of the foundation, Justin Sun was also selected into the Forbes Asia Under 30 list. In 2018, BitTorrent announced that it was acquired by the Tron Foundation. This move will use TRX tokens to incentivize and reward network users, further increasing the popularity of TRX.

During its development, Tron has gone through several important stages, such as the Odyssey stage, which created a system to incentivize content creators, and the Great Voyage and Apollo stages, which helped content creators build personal brands and issue personalized tokens to raise funds. Future development plans such as the Star Trek and Eternal phases are expected to further drive growth and innovation in the Tron ecosystem.

Additionally, Tron is widely compared to Ethereum for its low fees and fast transaction processing speeds. Especially when Ethereum reached all-time highs, high transfer fees caused people to start switching to TRON. Another important achievement of TRON is the rapid growth of its active user accounts, from an initial 1 million to over 4 million.

Looking ahead, TRON continues to show strong growth momentum in blockchain trading activity. In the first week of June 2021, the transaction volume on the Tron blockchain exceeded 10 million. This number is nearly three times the number of transactions recorded on the Bitcoin blockchain every day.

The main influencing factors of TRON price include supply and demand dynamics in the cryptocurrency market, regulatory compliance, the rise of DApps and trading activity on major exchanges. The supply of TRX comes primarily from the number of tokens released on the market every day, while the demand for TRX comes from investors who want to buy and anticipate long-term growth in its value.

On the regulatory front, there are rumors that the United States and China are investigating the TRON Foundation, but Justin Sun, the founder of the TRON network, stated on his Twitter account that the network operates as a decentralized network, so there is no possibility of centralized manipulation.

For investors, TRON offers a variety of options for storing cryptocurrencies, including TRON paper wallets, Android and iOS wallets, Chrome wallets, Exodus desktop wallets, and hardware wallets such as Ledger Nano and Trezor.

Overall, TRON DAO is pushing blockchain into a new era focused on developing a decentralized global ecosystem. The Tron ecosystem is growing rapidly with the emergence of new users and DApps. As we enter the WEB 3 era, more new industry players are expected to join the Tron blockchain, such as companies such as Samsung.

The TRON network continues to attract many developers and users with its high throughput and low transaction fees. For example, Tron founder Justin Sun announced on September 1 that the network had reached a new milestone of over $5 trillion in total transfer value since its inception in 2018.

Despite the recent instability of TRON’s USDD stablecoin, TRON has allowed investors to weather this year’s cryptocurrency winter and is expected to reap high profits in the future bull market. Additionally, there are rumors that the TRON Foundation may exit, and if this becomes a reality, TRX could become one of the most decentralized cryptocurrencies. Forecasts suggest that the price of TRX may rise significantly in the coming years.

Overall, most TRON price predictions see TRX as a favorable choice for long-term investment, promising stable returns over many years. However, due to the volatility of the cryptocurrency market, investors are advised to conduct adequate market research before making decisions.