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The post Tron Price Prediction 2024 – 2030: Will TRX Price Reach $1? appeared first on Coinpedia Fintech News
As the 10th biggest altcoin per market cap, TRX price shows a persistent upward journey amidst the highly volatile crypto market. Further, being the second biggest player in the DeFi world, Tron is making a huge comeback after the bear market 2022.
With a remarkable annual growth of 98% in 2023, the uptrend momentum continues to grow and shows a breakout rally. With the overall market taking bullish influence, questions like: “Is TRX a good investment?” are rising in the crowd.
With Coinpedia’s technical analysis, recent updates, developments, and various price prediction methods, be ready to ride the TRX price action for 2024 up till 2030.
| Cryptocurrency | TRON |
| Token | TRX |
| Price | $ 0.16420948  10.92% |
| Market Cap | $ 14,272,111,253.5765 |
| Trading Volume | $ 1,892,641,550.8559 |
| Circulating Supply | 86,914,053,651.5322 |
| All-time High | $0.3004 on 05th January 2018 |
| All-time Low | $0.001091 on 15th September 2017 |
| 24 High | $ 0.0000 |
| 24 Low | $ 0.0000 |
With the increasing price volatility, this altcoin has jumped 50.31% this year. Moreover, at a circulating supply of 86,919,122,836 TRX tokens, it has secured the 10th position with a market cap of $14.296 Billion.
A positive influence could push the Tron coin price toward its high of $0.1750. However, if bears dominate, this altcoin could retest its crucial support level of $0.140.
| Month | Potential Low ($) | Average price ($) | Potential High ($) |
| August | $0.1400 | $0.1575 | $0.1750 |
If the market regains momentum, the TRX coin price could breach its resistance level and record a high of $0.20 by the end of Q3.
On the flip side, if the bears continue to dominate the market, this could result in it plunging toward its low of $0.10. With this, the average price could settle at $0.15.
| Quarter | Potential Low | Potential Average | Potential High |
| Q3 | $0.10 | $0.15 | $0.20 |
If the TRON ecosystem continues to gain momentum in 2024, the TRX coin price is expected to reach the height of $0.251.
On the downside, if the TRON ecosystem faces regulatory pressure and fails to gain momentum in the adoption race, the TRX price might drop to $0.080. Therefore, traders can expect an average price of $0.165 for TRON in 2024.
| Year | Potential Low | Potential Average | Potential High |
| 2024 | $0.080 | $0.165 | $0.251 |
Considering the growth of the Defi ecosystem, the TRX coin price is expected to boom. Investors can find the TRX coin price sustaining above the psychological barrier of $0.30 and create another swing high at $0.330.
In case of a bearish correction, the TRX prices might slide down to $0.076, making an average price of $0.206.
| Year | Potential Low | Potential Average | Potential High |
| 2025 | $0.076 | $0.206 | $0.330 |
| Year | Potential Low ($) | Potential Average ($) | Potential High ($) |
| 2026 | $0.093 | $0.266 | $0.44 |
| 2027 | $0.114 | $0.357 | $0.59 |
| 2028 | $0.234 | $0.487 | $0.73 |
| 2029 | $0.297 | $0.593 | $0.89 |
| 2030 | $0.4167 | $0.753 | $1.10 |
By 2026, the TRX coin price is expected to hit a high of $0.44, surpassing the next crucial psychological level of $0.40. In case of an economic slowdown, the TRX price is expected to make a low of $0.093, with an average of $0.266.
With a potential recovery in 2027, the TRX price is expected to continue the bull run and retest the high of $0.59. On the flip side, the TRX crypto can bottom out at $0.114, with an average of $0.357.
With continued bullish momentum in 2028, the TRX price can form a range between $0.234 and $0.73, with an average price of $0.487.
The TRX price is expected to surpass the psychological barrier of $0.80. Creating a new swing high at $0.89, the TRX crypto might form a low at $0.297, with an average of $0.593.
TRX coin price is expected to create a new all-time high of $1.10 in 2030. With a potential low of $0.4167, the crypto will have an average price of $0.753.
| Firm Name | Potential Low | Potential Average | Potential High |
| Wallet Investor | $0.155 | $0.199 | – |
| PricePrediction.net | $0.1886 | $0.2687 | $1.72 |
| DigitalCoinPrice | $0.33 | $0.40 | $1.20 |
Based on Coinpedia’s TRON price forecast, the anticipated price of the TRON cryptocurrency could potentially peak at $0.25 this year.
However, should bearish trends prevail, the value of TRON might plummet to a low of $0.080. Consequently, the expected average price stands at approximately $0.165.
We expect the TRX coin price to reach the height of $0.25 by the end of 2024.
| Year | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | $0.080 | $0.165 | $0.251 |
While the future is bright, TRX will face challenges in reaching $1. Key among the risks:
Yes, Tron coin is a profitable investment, if considered for the long term.
TRX’s price could hit its potential high of $0.25 by the end of 2024.
The Ethereum ecosystem is currently facing a serious problem of huge gas fees. Therefore, addressing the issue, Tron Blockchain claims to lower transaction fees.
According to CoinPedia’s TRX price prediction. The digital asset could close its trade with a maximum price tag of $0.33 by the end of 2025.
At present, the analysis projects a potential high of $1.10 for the TRX coin price in 2030. However, with increased adoption and rising demands, the Tron price can reach $1.5.
Considering you invested in TRON on 1st January 2020, you would have made a 1,188.97% return. Therefore, the $100 invested in Tron in January 2020 will be worth $1,288.97 today.
TRON’s TRX is available for trades across prominent cryptocurrency exchange platforms such as Binance, Coinbase, Zebpay, and Kraken.
At the time of writing, the price of 1 TRX crypto was $0.1636.
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