Tron (TRX) Price Prediction 2023, 2024, 2025: 7.40USD by 2030 (Updated)
Is Tron a dead blockchain? The answer is No! Tron is live and kicking. Let’s look at what Tron is doing, and what are the price predictions for November and December 2023. As per TokenTerminal, Tron in 2023 has generated 2nd most revenue/fees among all layer 1 blockchain and stands only after Ethereum. In its last year, it has generated more than 833M$ in revenue/fees. As a result, we can see a surge in the TRX price.
As of October 31st, 2023, TRX is trading at 0.096USD with a market cap of $8,553,314,946.
What we are going to learn?
What is Tron?
Tron is a blockchain-based smart contract platform that intends to help other projects build decentralized permissionless web. It was an ERC-based token but switched to its own blockchain in 2018.
In this article, we are going to learn more about TRX, how to buy TRX, its price history, and price prediction. We also have mentioned the Tron Price forecast from 2023 to 2030.
What is Tron Token (TRX)?
Tron is a decentralized smart contract platform. TRX was founded by The Tron Foundation, a non-profit organization based in Singapore.
Tron claims to be the “World’s fastest growing public chain” due to its peer-to-peer technology and the use of Proof-of-stake consensus mechanism. The native token TRX, is used as a payment for content creators and the crypto can further be exchanged for other coins.TRX can also be used as a store of value for investment. There is a good chance that you will like the coin if you are a creator, a sci-fi buff, or a person who is into entertainment.
|Token Supply||88,804,646,126 TRX|
|Current Supply||88,804,646,126 TRX|
|Release Date||September 2017|
TRX recent news: Latest Developments Around Tron Blockchain
The TRON blockchain has been making remarkable strides with these recent developments, demonstrating its commitment to fostering DeFi growth, expanding file-sharing capabilities, introducing a stablecoin, launching a crypto browser, and establishing an NFT marketplace. These advancements solidify TRON’s position as a dynamic and innovative player within the cryptocurrency landscape, with promising prospects for future development.
TRON Launches NFT Marketplace
Expanding its offerings, TRON has successfully launched its very own NFT marketplace named Just NFT. This platform provides users with the ability to buy, sell, and trade a wide variety of NFTs. Just NFT supports multiple NFT formats, including ERC-721, ERC-1155, and TRC-721, further contributing to the flourishing NFT ecosystem.
TRON Partners with Opera to Launch Crypto Browser
In a strategic partnership, TRON has collaborated with Opera to introduce a crypto-powered web browser called Opera GX. This innovative browser not only optimizes performance by reducing CPU and RAM usage but also seamlessly integrates with TRON’s decentralized applications (dApps), enhancing user experience and accessibility.
TRON Foundation Announces $10 Billion Fund to Support DeFi Growth
The TRON Foundation has recently unveiled a substantial $10 billion fund aimed at fostering the growth of decentralized finance (DeFi) on the TRON blockchain. This initiative involves strategic investments in DeFi projects, providing grants to developers, and supporting educational initiatives to drive the advancement of DeFi within the TRON ecosystem.
TRON Integrates With BitTorrent to Offer Decentralized File Sharing
In an exciting development, TRON has integrated with BitTorrent, a renowned peer-to-peer file-sharing platform. This integration enables TRON users to securely store and share files on the BitTorrent network, which stands as one of the world’s largest and most widely used file-sharing networks.
TRON Launches USDD Stablecoin
TRON has successfully launched its own stablecoin, USDD, which operates as a decentralized algorithmic stablecoin pegged to the US dollar. USDD is backed by a diverse basket of assets, including TRX, the native token of the TRON blockchain. This addition provides users with a stable and reliable digital currency within the TRON ecosystem.
How to buy TRX token?
You can buy TRX coins with USD, USDT, BTC, ETH, and other alts from the following mentioned crypto exchanges.
Buy TRX with BTC, USD, USDT
|Buy TRX||Register here|
|Binance||Sign up here|
|Coinbase||Sign up here|
|Huobi Global||Sign up here|
|KuCoin||Sign up here|
|Gate.io||Sign up here|
|Kraken||Sign up here|
Buy Tron with INR
You can buy TRX with INR from the below-mentioned Indian exchanges
|Buy TRX with INR||Register here|
|WazirX||Sign up here|
|CoinDCX||Sign up here|
|Giottus||Sign up here|
|BitBNS||Sign up here|
Tron (TRX) Price History: 2017 to 2022
TRX Price History: 2017
TRX was founded in September 2017. The crypto bull run was at its peak and Trx surely benefitted from the exploding crypto market. It started with $0.001091 in September and gradually increased to $0.00332 in October. The entire crypto sphere was blooming during this phase which gave an advantage to TRX.
The prices kept fluctuating throughout October. It went from $0.003 to $0.001 and then back to $0.002 by the dawn of the month. The prices remained under the range of $0.002 throughout November. But, a sudden and commendable hike was seen in the price of TRX in the second week of December. The prices jumped from $0.002 to $0.007. The price of TRX was recorded as $0.05179 on 23rd December 2017.
TRX Price History: 2018
2018 has by far been the best year for TRX. The prices started hiking up from January itself. The price of the altcoin was $0.3004 on 5th January 2018, which still remains the highest price of TRX even after 4 years. The prices further started falling when the crypto market crashed due to restrictions from global dominant countries. The price of TRX kept falling until it reached $0.054 on January 16th.
The prices remained extremely volatile throughout the year and it mostly kept falling after recovering for a short period of time. The coin faced an extremely unstable phase in the months of February and March. Another unexpected hike was seen on April 30 2018 when the price was recorded as $0.09378. The prices took a downslide from there on and reached $0.01883 at the end of the year.
TRX Price History: 2019
The price of TRX was recorded as $0.02 in January 2019. Since then the prices were hovering between $0.02 and $0.03. The price of the coin spiked and crossed $0.03 after May and the hike was short-lived. Soon after June, the prices further started falling down and it went from $0.03856 on June 25th to $0.02068 on August 12th. It was certainly not a great year for Tron coin as the prices never recovered after falling in June and ended at $0.01331 on 31st December.
TRX Price History 2020
The price of TRX remained subtle in the year 2020. The altcoin’s price was recorded as $0.01868 on 29th January. The prices further fell down and hit $0.01024 on 13th March. While the crypto sphere was blooming, TRX was having a hard time giving tough competition to its competitors.
The prices remained under the range of $0.01-$0.02 from March to July. A hike was noticed in August when the price of TRX reached $0.0288 on 18th August. A slight fluctuation was noticed, but the prices kept soaring and were recorded at $0.04119 on 3rd September. The prices of crypto remained volatile, but also witnessed a downfall and reached $0.03 in November. The price ended at $0.02683 in December.
TRX Price History 2021
TRX price shot up from 0.027 to more than 0.16 USD in the 2021 bull run, and by the end of December, traded around 0.075 USD. Compared to the fall of other major cryptocurrencies, TRX held its price quite comfortably.
TRX Price History 2022
TRX has been moving within a price band for a long time now. If we see YTD, the fall is not much. It started at 0.075 USD in January, and it traded at 0.054USD on 31st December 2022.
Tron Price Prediction for 2023
|When||Maximum Price||Minimum Price|
- Maximum Price predicted for Tron in 2023 is 0.13 USD
- Minimum Price predicted for Tron in 2023 is 0.048 USD
What is the TRX price forecast for November 2023?
The minimum and maximum for TRX in November 2023 is expected to be 0.12USD to 0.075USD
What is the TRX price prediction for December 2023?
TRX could end the year at 0.13USD. The minimum price in December 2023 could be 0.076USD.
Tron Price Prediction for 2024
|When||Maximum Price||Minimum Price|
Maximum and minimum TRX price prediction for 2024 suggests it could be trading between $0.35 and $0.13.
Tron Price Prediction for 2025
|TRX Price Prediction 2025||Maximum Price||Minimum Price|
Maximum Price predicted for Tron in 2025 is 1.08 USD
Minimum Price predicted for Tron in 2025 is 0.24 USD
TRX Price Prediction 2026
|TRX Price Prediction||Maximum Price||Minimum Price|
TRX coin can touch 2.17 USD by the end of 2026
Min price of TRX in 2026 would be 0.97 USD
TRX Price Long-Term Prediction 2027 to 2030
|TRX Price Prediction||Maximum Price||Minimum Price|
TRX price prediction 2027: The minimum and maximum price for TRX in 2027 is $3.95 and $1.95 respectively.
Tron price prediction 2029: The maximum expected price of Tron by 2029 is 14.81USD, minimum expected price is 8.88USD.
2030: The maximum expected price of TRX in USD by 2030 is 7.40USD, and min expected price is 4.44USD.
TRX Long-term Price Prediction in INR 2023 to 2025 to 2030
|Year WISE (in INR)||Maximum Price||Minimum Price|
TRX price in 2023: TRX price forecast for 2023 says, it could be priced between 4.17INR to 11.66INR.
TRX price in 2024: Trx price prediction for 2024 suggests it could be trading within 11.31INR to 30.45INR range.
Tron price prediction in 2025: The maximum expected price of Tron by 2025 is 93.86 INR, and min expected price is 20.88 INR.
Tron price prediction 2030 in INR: The maximum expected price of TRX by 2030 is 643 INR, and min expected price is 386 INR.
FAQ: TRX Price Prediction
Is TRX a good investment in 2023?
TRX is a good investment in 2023 and probably a long-term investment as well. The prices are expected to fluctuate but it can be considered as a long-term crypto investment. The price is near a strong support of 0.06 USD.
Is Tron dead in 2023?
Justin Sun is struggling to promote and popularize his coin like he used to do in 2017-18 but that surely does not mean that TRX is out of existence.
Will TRX cross $10 in the future?
TRX has shown potential growth for an increase in prices. But, it would not be appropriate to say that TRX is going to cross $10 anytime soon (not before 2040).
Why is TRX not going up?
You will need to be patient with TRX. TRX looks to have good potential. Tron’s founder, Justin Tron will do everything possible to keep the Tron network live and running. Plus, he is one of the best crypto influencers.
What will be TRX’s price in 2023?
February 2023 could be a BULLISH month for Bitcoin as well as TRX. BTC has a great impact on the price of TRX and other altcoins. So far, TRX in Q3 2023 could be trading between 0.07USD to 0.13USD. TRX could reach 0.13USD by December 2023.
What is TRX price prediction for 2025?
TRX price prediction 2025 suggests it could be trading in between 0.24USD and 1.08USD. From its current price, it could go up by 1400%.
What is TRX token price prediction for 2030?
TRX token price prediction for 2030 suggests it could be trading in between $7.40 and $4.44. The average TRX price for 2030 is estimated to be $5.92.
Can TRX reach 1USD?
TRX is expected to reach 1USD by December 2025.
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Why $TRX Might Surge in the Bull Market: A Simple Explanation
When we talk about the success and value of a blockchain, like Tron ($TRX), we often look at a few key indicators. These indicators tell us how well the blockchain is doing and how much people trust it.
- Revenue and Earnings: Tron is making a lot of money. Last year, it brought in $833 million, and after paying off its expenses, it still had $245 million left. That’s impressive! Especially when we compare Tron’s value (FDV) to its revenue. It’s only 10.08 times its yearly revenue. This might sound like a big number, but when we look at others like Solana or Ethereum, their value is 1370 times and 107.5 times their revenue respectively. This means Tron might be undervalued, or in simple terms, it’s like a hidden gem that many haven’t fully recognized yet.
- USDT and RWA Adoption: USDT is a popular cryptocurrency, and Tron is a big player here. Almost half (49%) of all USDT is on Tron. Also, there’s $2.2 billion locked in stUSDT on Tron. This shows that a lot of people are using Tron for their financial activities.
- $TRX Performance: The value of $TRX has increased by 52% in the last year and is now at 0.096USD. This growth tells us that more people are starting to believe in Tron.
However, some people are still skeptical. They look at Tron and think maybe it’s too good to be true or have doubts about its on-chain activities. This is what we call a “disbelief rally.” People might be in disbelief now, but if Tron continues its performance, they might soon become believers. And when they do, we might see $TRX’s value surge even more in the bull market.
Is Tron a good investment in 2023?
TRON is a decentralized blockchain platform that was founded in 2017 by Justin Sun. It is designed to build a free, global digital content entertainment system with distributed storage technology, allowing easy and cost-effective sharing of digital content. TRON aims to create a decentralized internet infrastructure, enabling users to own and control their data.
The platform uses TRON tokens (TRX) as a means of exchange for smart contract creation, and its ecosystem includes a range of decentralized applications and protocols.
The TRX prices have not been great since 2018, but it is showing a stable response in the upcoming years. The TRON team is also backed up by a huge number of influential members and the coin is secured. It has a clear and long-term vision. It is expected to get more stable partnerships in the future.
Tron is surely not doing great when it comes to price increment but this cryptocurrency has a very high chance of skyrocketing by the end of 2030.
The best part about TRON is the last 30 days’ fee and revenue collection. This shows the blockchain is being used widely in Asia (though not very popular in the US). I am sure once the West starts noticing the on-chain data, TRON should go up gradually.
So, you can buy TRX for a long-term investment and trust the platform to yield you some good returns. Tron has the ability to answer the biggest concerns of people relating to the entertainment sector and the project is highly scalable. The experts are surely bullish on the coin and you should consider investing in it too. But, please do thorough research before investing in any kind of cryptocurrency.
Disclaimer: Please do not consider the prices mentioned in this TRX Price Prediction 2023 to 2030 article to be final. The prices may vary and should not be considered as the final price. Do let us know what you think will be the price of TRON by the end of 2023.
Last updated: 31st October, 2023.