TRON Price Prediction 2022, 2025 and 2030

TRON price prediction 2022, 2025 and 2030

TRON is recognized for its ambitious vision, and the founder Justin Sun is known as one of the “crypto celebrities’’. Recently, they launched an algorithmic stablecoin backed by TRX, and the latter enjoyed impressive gains. Let’s learn how the experts see the future of TRON and what TRON price prediction for 2022 and the next few years is out there.

TRON Price Prediction 2022–2030

  • TRON price prediction 2022 is bullish, and the sentiment is supported by the launch of an algorithmic stablecoin USDD: some analysts see TRX rise up to $1. However, there is some anxiety connected with the fall of Terra USD, which dragged LUNA down, too;
  • In the coming years, most algorithmic and analytic predictions claim TRX will hover around 9–10 cents;
  • By 2030, some experts expect TRX to grow up to $10 and above.

What is TRON and TRX?

TRON logo
Source: tron.network

TRON 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 the content creators to monetize their own 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 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 TRX in our Beginner’s Guide.

TRX Price History

TRON Price in 2017–2019

TRON price in 2017–2019
Source: CoinMarketCap

TRON was launched in 2017 with the help of an ICO (Initial Coin Offering, a pre-sale for early investors). 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 $0.300363, which is the current all-time high.

In 2018, TRX 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 seems like it was not the defiance of the overall bear trend in the market, and soon the slow downtrend came back.

TRON Price in 2020–2022

TRON price in 2020–2022
Source: CoinMarketCap

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 climbing up.

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.

At the moment of writing, a single TRON coin is valued at $0.0801. It ranks 17th according to CoinMarketCap, with a total market capitalization of $7,880,593,915.

What can influence the price of TRON?

Platform Updates

TRON is known for introducing features that are in high demand in the community. In the ongoing NFT craze, it was a given that the project will introduce their own standard for it.

In the latest TRX news, TRON DAO has bought $39 million worth of TRX for the reserves of the new algorithmic stablecoin issued on TRON, USDD. The stablecoin was launched on May 5, 2022 and boosted the price appreciation in TRX thanks to the reserves and platform association.

Acquisitions and Partnerships

TRON Foundation is known for partnerships that cause significant buzz in the news. In 2018, they acquired BitTorrent, a peer-to-peer file sharing platform with 12.9 million active monthly users, and 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 the familiar way.

The TRON DAO Reserve, a branch responsible for the USDD maintenance, has whitelisted Alameda Research, Amber Group and Poloniex as backers.

Ecosystem Growth

With the rise of DeFi in 2020 or an NFT boom of 2021, TRON did not let either opportunity go to waste. The platform swiftly joining these trends would not have been possible without the developers that choose to build on TRON.

In November 2021, the ecosystem development fund was announced, and in April $1,111,111,111 was allocated to it. The incentives went to the existing DeFi protocols, and $600 million is to be allocated to the new and emerging protocols on the platform.

Most of these reasons are also cited by the experts and traders that give Tron price predictions we rounded up for you later in the article.

Popular Twitter posts about TRON

Technical analyst and trader Mikcoin charts a possible bounce off the support line for TRX-USDT. Possible target? A whopping $0.2.

On the contrary, another influencer and trader Posty is bearish on TRX. He does not bet on it breaking above the trendline anytime soon.

After Terra USD suffered a massive attack and depegged to as low as $0.3, it is clear other algorithmic stablecoins are susceptible. Justin Sun, who still actively participates in TRON’s operations, disclosed that the team is trying to prevent LUNA’s dump to the ground in TRX.

TRON Price Prediction 2022

News portal CryptoNewsZ has called TRX at over 10 cents in 2021. If TRON is able to score more profitable alliances, the rally can continue well to 12 cents.

Technical analysis by the YouTuber Mind Math Money is more bullish, and believes TRX can overcome the global downtrend and reach $0.18.

Shawn Du’Mmett of Cryptopolitan also believes altcoins will follow suit with Bitcoin, TRON included. He sees this coin approaching the dollar mark as soon as by the end of 2022, and an optimistic target is $1.2.

TRON Price Predictions for 2023–2024

TradingBeasts’ TRX price prediction is twofold: they project growth for TRX in 2023, followed by a downtrend. Appreciating in January 2023 up to $0.1269, by December 2023, it will depreciate to around $0.095.

WalletInvestor seems to be extremely bullish on TRX, though. 2024 will start with TRX at $0.1036 and close the year a little shy of its ATH, at $0.171.

TRON Price Prediction 2025

Torsten Hartmann of Captain Altcoin is not as big a fan of the project as other analysts. In line with this opinion, he predicts the TRON coin will only reach $0.1925 by 2025.

DigitalCoinPrice, in five years TRX holders will see even smaller returns. The prices will not be very volatile and stay between 13 and 16 cents.

According to LongForecast’s projection, TRX will surge in early 2025 but decline over the course of the year. The highest price for 1 TRX of $0.146 will be reached in January, and by the year’s end TRX will arrive at $0.092.

TRON Price Prediction 2030

Cryptocurrencies as they are right now are highly volatile assets, prone to change dramatically under outside influences. Therefore, making a prediction for almost 10 years in advance is as good as a game of guessing.

Crypto Bulls Club gives a bold prediction that by the end of the decade, TRX can appreciate to $6.66 and even $11.11.

ChangeHero’s TRX TRON Price Prediction

TRON is a project some may find controversial, particularly because of their strategy of joining the latest trends instead of developing an original technology. However, this exact strategy has helped TRON to stay relevant and pull through a bear market, where others have failed.

The most recent rally of TRON has been fuelled by the launch of the algorithmic stablecoin. However, the Terra’s case, which TRON is quite likely trying to mimic, goes to show the risks associated with these protocols.

Breaking out of the downtrend in the short-term is not highly probable unless the market shifts into bull mode. However, as cycles change each other, TRX has all the chances to break out above 10 cents and enter an upside channel as soon as late 2022.

How to Buy TRON on ChangeHero?

Eyeing TRX for purchase after reading the article? Want to know how to buy TRX? It’s very easy with ChangeHero:

  1. Choose the currencies on the home page, amounts and the type of exchange. Provide your wallet address in the next step and check the amounts;
  2. Double-check the provided information and rates, read and accept the Terms of Use and Privacy Policy;
  3. Send in a single transaction the sum of cryptocurrency you will be exchanging. Fixed Rate transactions have a 15-minute limit;
  4. All done? Now we are doing all the work: checking the incoming transaction and doing the exchange as soon as it arrives. The Best Rate transactions will use the rate current to the time when your funds arrive.
    The Fixed Rate will use the rate shown to you at the step 2;
  5. As soon as the exchange has been processed, your TRX is on the way to your wallet.

Our customer support is available 24/7 in the chat on the website or through the email: support@changehero.io.

You can also buy and sell TRX with your bank card on our website! To do this:

  1. Choose the country of residence, amount to buy and currencies. Proceed to the next step;
  2. Check the currency of purchase and amounts. Provide a TRX address;
  3. In the next steps, verify your phone address and card info. Pass 3D-secure verification;
  4. Finally, to make a purchase pass the identity verification with a state-issued ID and a selfie (or log in with a verified account, depending on the provider).

Conclusion

Among the vast amount of coins and tokens on the market, TRON is definitely one that the vast majority has at least heard of. They are constantly working hard on staying relevant and bringing value to the blockchain.

All of these factors are only more reasons to keep an eye on this project! Pro tip: you can do it by giving ChangeHero Medium and social networks a follow: Twitter, Facebook, Reddit and in Telegram.

Frequently Asked Questions

What is TRON?

TRON is a blockchain platform that is compatible with Ethereum virtual machine and therefore supports smart contracts. It became a foundation for popular entertainment and gambling apps, DeFi protocols and NFTs.

What will TRON be worth in 2022?

Analysts expect TRX price 2022 to be anywhere between $0.1 to $1.2.

What will TRON be worth in 2025?

Experts name very varying figures for TRX price in 2025, from $0.092 to $0.1925.

What will TRON be worth in 2030?

Bullish predictions state TRON will be worth $6.66 to $11.11 in 2030.

Will TRON reach $10?

Some forecasts say that TRX will reach $10 in 2030, but the majority of opinions does not give a target that high even for the long term.

Disclaimer

This article does not constitute financial or investing advice. No price prediction or forecast is guaranteed to provide exact information on the future price. Past performance is not indicative of future results.

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 investitions in cryptocurrencies only after careful consideration and analysis and at your own risk.

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Instant Cryptocurrency Exchange https://changehero.io/ https://twitter.com/Changehero_io

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