TRON is recognized for its ambitious vision, and the founder Justin Sun is known as one of the “crypto celebrities’’. Recently, they have launched an algorithmic stablecoin backed by TRX, and in turn it 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
Most TRON price predictions are divided on the results. This is true for both short-term and long-term forecasts. In TRX price prediction for 2022, both bear and bull scenarios are present. TRON coin price prediction for 2030 gives an even less accurate target range, all the way from 29 cents to 11 dollars.
What is TRON and TRX?
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 coin 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 native TRON cryptocurrency TRX in our Beginner’s Guide.
TRON Price History
TRON Price in 2017–2019
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 price 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
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.
However, in June, TRX sharply corrected from $0.088 down to $0.05 and since then struggled to break out above $0.07. Despite being down 78% from the record price, TRX is still being traded at the level above its prices for the major part of its history. At the moment of writing, a single TRON’s current price is $0.06485. It ranks 16th according to CoinMarketCap, with a total market cap of $5,991,916,314.
What Influences the Price of TRON?
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 introduced their own standard for it. In the more recent TRX news, TRON DAO 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 TRX price thanks to the reserves and association to the platform.
Acquisitions and Partnerships
TRON Foundation is known for partnerships that cause 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 and now, Wintermute, as backers.
TRON 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
⚒️ $TRX has been in a state of #deflation with the total amount of deflation reaching 9.58 billion #TRX, for 42 weeks (2021.10.28-2022.08.17)!! pic.twitter.com/ymv0xEhOGs— TRONSCAN (@TRONSCAN_ORG) August 19, 2022
TRON blockchain explorer TRONSCAN shared some bullish stats for TRX holders: the TRON coins keep getting more scarce. In the simplest sense, the lesser the available supply, the higher TRX price should be pushed.
The Great Moonshot Observatory🚀🌙🔭— The Great Moonshot (@GreatMoonshot) August 16, 2022
(source: $LCX Terminal)$TRX 💎 @trondao
Social Engagement👇 09 August - 16 August
Do you #HODL any?
Are you a part of the #TRONICS?
Tell us down below!#altcoins #altcoin #NFT #BTC $TIA #NFTs #TRON #trxmining #tronscan #BNB #web3 pic.twitter.com/6WgRaRb5mX
Social stats are also a vital metric to demonstrate network activity. While for some it may serve as a source of suspicion, others see it as a sign of active community. And with TRON, an active community it is.
#TRXUSDT $TRX looks like the weekly break of the downtrend since April 12, 2021 has arrived.— Coin Kalemi ✎ ₿ (@coinkalemi) August 17, 2022
From here on, I showed the first resistance with a red line.
Our stop level is 10% as usual. pic.twitter.com/d9lmzRCSYq
Trader Coin Kalemi updates a near future forecast for TRX price. They expect TRX to break out of the downtrend any time now, and reach $0.08.
TRON Price Prediction 2022
News portal CryptoNewsZ called TRX at over 10 cents in 2021 in their previous TRON crypto price prediction. If TRON is able to continue scoring more profitable alliances, the rally can continue well to 12 cents.
Shawn Du’Mmett of Cryptopolitan also believes altcoins will follow suit with Bitcoin, TRON included. He sees TRON coin prices reaching no higher than $0.095 by the end of 2022. The reason holding back his bullishness is the price dynamics of USDD. Sure, at the moment it is boosting TRX and unlike Terra, USDD is overcollateralized. However, not everyone has forgotten the meltdown of UST, and people are not entirely convinced this scenario will not repeat itself.
TRON Price Predictions for 2023–2024
TradingBeasts’ predicts moderate gains for TRX in 2023. Their TRX price prediction projects steady growth from 38% to 40%. January 2023 will see TRX for up to $0.089 per coin, and by December 2023, TRON price will appreciate to around $0.0912 on average.
Going forward, WalletInvestor seems to not be expecting a lot from TRON price as well. 2024 will start with TRX at an average price of $0.7036 and close the year slightly below that, $0.0657.
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 $0.1431 by 2025. According to DigitalCoinPrice, in a few years TRX holders will see decent but not impressive returns. The TRX price will not be very volatile and is expected to stay between 12 and 16 cents. And finally, in the LongForecast’s TRON price forecast, it will surge in early 2025 but decline over the course of the year. The highest price for 1 TRX of $0.123 will be reached in January, and by the year’s end TRX will arrive at $0.061.
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 so many 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. Other forecasts for TRX prices from sources we covered range from $0.29 (Digital Coin Price) to $2.34 (Cryptopolitan).
On the way there, in five years, TRX token will pass targets of $0.16 (Digital Coin Price), $0.2 (Wallet Investor), and up to $0.73 (Cryptopolitan) in 2027.
ChangeHero’s TRX Price Prediction
TRON is a project some may find controversial, particularly because of Justin Sun and their strategy of joining the latest trends instead of developing an original technology. However, this exact strategy has helped TRON blockchain to stay relevant and pull through a bear market and crypto winter, where others have failed.
The most recent rally of TRON was fueled by the launch of the algorithmic stablecoin. However, Terra’s case left a lot of crypto investors disillusioned with the design of these tokens.
Breaking out of the downtrend in the short-term is not very probable unless the market shifts into bull mode. However, as cycles change each other, TRX price has all the chances to break out above 7 cents and enter an upside channel as soon as late 2022.
How to Exchange TRON with ChangeHero?
Time needed: 15 minutes.
Eyeing TRX for purchase after reading our TRX price prediction? Want to know how to buy TRX? It’s very easy with ChangeHero:
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;
Double-check the provided information and rates,
Send in a single transaction the sum of cryptocurrency you will be exchanging.
Fixed Rate transactions have a 15-minute limit;
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.
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: [email protected].
How to Buy or Sell TRON?
You can also buy and sell TRX with your bank card on our website! To do this:
- Choose the country of residence, amount to buy and currencies. Proceed to the next step;
- Check the currency of purchase and amounts. Provide a TRX address;
- In the next steps, verify your phone address and card info. Pass 3D-secure verification;
- 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).
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, hence the general optimism about TRON price prediction.
All of these factors are only more reasons to keep an eye on the TRON network! Pro tip: you can do it by giving ChangeHero blog and social networks a follow:
Frequently Asked Questions
What will TRON be worth in 5 years?
Various sources state TRX price will be $0.16 to $0.73 in 2027.
What will TRON cost in 2025?
Experts name very varying figures for TRX price in 2025, from $0.061 to $0.16.
Will TRON reach $1? Will TRON reach $5?
Some forecasts say that TRX will reach $5 by 2030, but the majority of opinions does not give a target that high even for the long term.
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. Consider investing in cryptocurrencies only after performing your own research and at your own risk.