Tron (TRX) makes 20.29% growth over a year and prices around $0.08094 makes it investable in 2023? Read on to find out fundamentals, market sentiment, technical analysis, and price study of TRX. You will also find detailed Tron (TRX) price predictions of 2023, 2025, 2030, 2040, and 2050.
Tron is the native digital token of a blockchain-based operating system, and this ERC-20 token is dedicated to ensuring digital content ownership. Tron Industry was created by Justin Sun, who was also associated with Ripple and presently under the spotlight for several accusations related to trading. Even so, there is no doubt in the potential of Tron as they incentivise content creators and also give them credits.
Similar to most blockchains, Tron Network has a multi-blockchain support smart contract and uses UTXO, a transaction model identical to Bitcoin. Each transaction is transparent and available on a public ledger. Tron gains advantage in the Web3 world due to such an approach and their dApps support could also overtake it as the Ethereum alternative in coming years.
Before getting into what those years could look like, here’s a quick rundown of present market stats of Tron:
| Price | $0.08094 (1.22%) |
| Volume (24-h) | $167,481,029 (5.16%) |
| Market Cap | $7,262,902,264 (1.14%) |
| Rank | #10 |
| Circulating Supply | 89,718,864,555 TRX |
| Maximum Supply | ∞ |
| All-time-High | $0.2096 |
Is Tron a Good Investment?
Analysis of Tron suggests that it is a good investment for short-term gains with promising prospects for the long run. However, much depends on the actions of the organization, and their recent partnership with Heco Chain could be the game changer. It is too soon to expect too much but the present market sentiment is rarely favoring any token.
There is undoubted potential as Tron places itself at the center of creators and viewers, like YouTube and Netflix. But there is higher competition with lower rewards due to which quality creators are seeking an alternative and Tron could be so. Check out our predictions below for further insights into Tron Network.
Tron Price History
| Date | Min Price | Max Price |
| Dec 2017 | $0.002080 | $0.05947 |
| Jan 2018 | $0.053800 | $0.21060 |
| Jun 2018 | $0.03809 | $0.06302 |
| Dec 2018 | $0.01268 | $0.02116 |
| Jan 2019 | $0.02009 | $0.02892 |
| Jun 2019 | $0.03071 | $0.03867 |
| Dec 2019 | $0.01298 | $0.01578 |
| Jan 2020 | $0.01311 | $0.01983 |
| Jun 2020 | $0.01577 | $0.01767 |
| Dec 2020 | $0.02681 | $0.03232 |
| Jan 2021 | $0.02769 | $0.03423 |
| Jun 2021 | $0.05102 | $0.07732 |
| Dec 2021 | $0.07625 | $0.09698 |
| Jan 2022 | $0.06355 | $0.07523 |
| Jun 2022 | $0.05575 | $0.08432 |
| Dec 2022 | $0.05566 | $0.05326 |
| Jan 2023 | $0.05197 | $0.06479 |
| Jun 2023 | $0.07015 | $0.08189 |
| Jul 2023 | $0.08084 | $0.07625 |
For conducting your own price analysis, check out the price chart of Tron.
Tron Price Prediction 2023 to 2050
| Year | Min Price | Avg Price | Max Price |
| 2023 | $0.07264 | $0.08751 | $0.10165 |
| 2024 | $0.18316 | $0.23157 | $0.26619 |
| 2025 | $0.17051 | $0.28483 | $0.30466 |
| 2030 | $0.43836 | $0.63530 | $0.75416 |
| 2035 | $1.25650 | $1.83519 | $2.01648 |
| 2040 | $2.10689 | $2.13497 | $2.23156 |
| 2045 | $2.19402 | $2.24958 | $2.64982 |
| 2050 | $2.30537 | $2.90647 | $3.16518 |
Tron Price Prediction 2023
Forecasting of Tron (cryptocurrency) suggests prices in 2023 to be between $0.10165 (high) and $0.07264 (low). Average trading price throughout this year is predicted at $0.08751 since market sentiment is 93% bullish. For crypto to be trading at such a high rate has little chances of reversing anytime soon. Technical analysis shows strong buy indications for Estimated Moving Average, MACD level, and Bull Bear Power. Furthermore, there has been numerous talks of a probable bull run in this year but due to SEC hunts, it is being delayed and forecasted for next year.
Tron Price Prediction 2024
Predictions for Tron in 2024 forecasts a maximum high of $0.26619 with minimum prices around $0.18316. TRX is showing quite a strong uptrend and expected to continue the trail without hesitation and average prices might be seen hovering at $0.23157. Availability of Tron in today’s age is quite simple, especially with Trust Wallet which allows effortless deposits via credit card, debit card, and even Apple Pay. By 2024, we are also expecting a bull rally which can take Tron (TRX) numbers even higher than our forecast.
Tron Price Prediction 2025
Forecast of 2025 suggests prices to reach a high and low of $0.30466 and $0.17051 respectively with average trading around $0.28483. Exchange-traded fund or ETF is one such way to diversify your investments within the Tron ecosystem. Find out more about Tron ETF before investing for short-term. By 2025 we are also expecting higher volume and market liquidity of Tron which is going to be a key factor in its rise.
Tron Price Prediction 2030
Long-term analysis predicts Tron prices in 2030 to traverse at a maximum high of $0.75416 and minimum of $0.43836. Tron Industry recently partnered with Arkham Intelligence for providing support to TRX holders. It is a great step as improving their service quality enhances their chances of overtaking crypto giants in the long run. Stay updated with the latest cryptocurrency news and stay ahead of competition.
Tron Price Prediction 2040
By 2040 Tron prices are predicted to reach a maximum height of $2.23156 as technical analysis of the present market shows a very strong uptrend. Unless there are foreign factors stirring things up, this bullish trend is expected till 2040. However, such is unlikely and we will see several ups and downs with average prices forecasted at $2.13497. Users of Tron enjoy several use-cases from the token including trading non-fungible token (NFT) and NFTONE, the Tron-based NFT marketplace is among the best platforms.
Tron Price Prediction 2050
Forecasting of Tron in 2050 predicts prices between $3.16518 (high) and $2.30537 (low). Even though this ERC-20 crypto was introduced roughly five years back, it is already a leading name in decentralized finance. By 2050, we expect to see a transformed Web3 world with higher usability and acceptance rate. Tron can fully flourish and power more decentralized applications and trade on the cryptocurrency exchange for $2.90647 at an average. Long-term investors should consider the fact that long-term benefits from cryptocurrencies are still rare, and prioritize self-research. Please remember that it is quite a far-fetched prediction and not to be considered as financial advice.
Should I Buy Tron?
Our study of Tron in the present market suggests that it is a buy and being among the top ten cryptocurrencies does play a trust factor. It is highly unlikely that major drops in Tron prices are happening anytime soon and most speculations lead to a positive result.
Even so, invest in Tron (TRX) after doing your own research and volatile (finance) investments come with a risk-reward criteria. You can also check out Tron Resources for deeper insights and if you are still unsure, seek professional financial advice.
Realistic Tron Price Prediction
Forecasting of Tron in a realistic sense reveals that market sentiment is highly bullish regardless of the controversies around its former CEO, Justin Sun. The token is highly dedicated towards growing and consistently upgrading their services and products. If the fundamentals of TRX continue this growth, we can see it touching our predicted numbers.
Technical analysis of Tron also supports this statement as Relative Strength Index and Moving Averages indicate buy in short-term with RSI indicating neutral for long-term. Even though we did not consider the possibilities of a bull rally in our predicted numbers, in its occurrence, prices are going to rise. Check out the candlestick chart of Tron for conducting your own analysis and invest only when you find matching prospects.
