TRON is definitely one of the most known and recognized projects on the crypto market. Their vision is ambitious, and Justin Sun is one of the people who can be called “crypto celebrities”. Is Tron a good investment in 2021? During this rally TRX has shifted out of the Top-15 but is still moving toward its all-time high. Let’s see how the experts view the future of TRON and what TRON price predictions are out there.
TRON Price Predictions for 2021–2030
Summing up the TRON price predictions, we can give the following forecast for TRX price:
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- In 2021, a new ATH is in sight and given a sudden surge, $1 can be achieved;
- In the following years, TRX is likely to fix in the higher range, and in the long-term the outlook is mostly bullish;
- By 2025, a single TRX has all the chances to trade above $0.1 on a regular basis, and $1 does not seem too far-fetched.
What are TRON and TRX?
TRON is a decentralized network for transacting value and 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 can 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 was launched in 2017 with the help of an ICO (Initial Coin Offering, a pre-sale to 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 the 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 2020-2021
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-pandemic crisis brought down the prices in mere days. The good news is, since March 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.
At the moment of writing, a single TRON coin is valued at $0.1368. It ranks 17th according to CoinMarketCap, with the total market capitalization of $9,800,066,476.
What can influence 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 will introduce their own standard for it.
In the latest TRX news, TRON also finally launched a decentralized oracle network akin to Chainlink on their own blockchain. The Bridge Oracle was an anticipated feature which made the TRON blockchain suitable for more use cases.
Acquisitions and Partnerships
In 2018, TRON Foundation acquired BitTorrent, a peer-to-peer file sharing platform with 12.9 million active monthly users. A more recent acquisition of the Foundation is Steemit in February of 2020, which caused the STEEM blockchain to split.
Now TRON is approaching DeFi, and Reef Finance is one of the latest partners to join TRON in their mission. The cross-blockchain platform is believed to be pivotal in helping TRON break into DeFi.
Growth of Ecosystem
2020 became the year of DeFi, and TRON did not let this opportunity go to waste. They introduced their own DeFi protocol, Just (JST) and its companion product JustSwap, decentralized token exchange, which launched in mid-August.
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
— Lindsay Lohan (@lindsaylohan) February 11, 2021
In 2021, celebrity endorsements make a comeback. Lindsay Lohan is not new to cryptocurrencies and this bull run she was seen promoting not only Bitcoin. More recently, she announced a limited NFT collection on the TRON blockchain.
You know this is about to blow sky high right? @CryptoKaleo is on an all-star tear RN, ( $BTT, $BNB, $TRX, $EOS) pic.twitter.com/ugNVdJOify
— Don’t follow ShardETH B if you hate money (@ShardiB2) April 2, 2021
Crypto influencer Shardi B gave a shout-out to a fellow trader Kaleo, thanking them for their signal. They both believe TRON is about to rally further.
Everyone seems to be bullish on $TRX now.
My opinion: if current conditions prevail, a new ATH is incoming of $0.35 putting $TRX at position 8 in marketcap. Realistic and achievable.
Other trader’s ideas here: https://t.co/vlqa6jksbB
— Mike McCarthy (@MikeNerdUK) April 4, 2021
TRON has a large and active community, and Mike McCarthy is a well-known member of it. He predicts that TRON is soon to make a comeback into the Top-10 by market cap.
TRX Price Prediction 2021
CryptoNewsZ TRX Price Prediction 2021: $0.1–0.2
News portal CryptoNewsZ has called TRX at over 10 cents in 2021. At the time of making that TRON price prediction 2021, to them it seemed extremely optimistic. If TRON is able to score more profitable alliances, the rally can continue well to 20 cents and higher.
Coinmonks TRX Price Prediction 2021: bearish outlook
Coinmonks contributor, Lukas Wiesflecker analyzed TRON fundamentals to see if the coin has any potential. His verdict is discouraging: the project is falling behind more competent and innovative alternatives.
High fees in the Ethereum network is the only driving force of development for TRON in 2021. This will not be enough to keep it going even until the end of the year.
Cryptopolitan TRX Price Prediction 2021: $1
Shawn Du’Mmett of Cryptopolitan believes that if the Bitcoin rally continues in 2021, altcoins will follow suit, TRON included. He sees this coin approaching the dollar mark as soon as by the end of 2021.
TRON Price Predictions for 2022-2024
PrimeXBT TRON Forecast in 2022–2023: $0.33–11
Technical analysis of the TRX-USD pair shows a breakout from a rounded bottom support. While by 2022 the highest target is $0.33–0.35, in 2023 it can break out up to $11.66. These targets are very far from what we have now but the graph shows the setup is in place.
TradingBeasts TRON Price Predictions: $0.1394336–0.1758445
TradingBeasts’ TRX price predictions are quite positive: they project consistent growth for TRX over the next several years without major pullbacks and crashes. In January of 2022, the TRX price will be equal to $0.1394336 on average throughout the month. By December, 2023, it will grow up to $0.1608679 on average. The average price in 2024 will further increase to $0.1758445.
WalletInvestor TRX Price predictions: $0.016–0.3
WalletInvestor seems to be extremely bullish on TRX. In 2022, it is going to be consolidating in the $0.16–0.18 area. 2023 will start with TRX at $0.2 and rise to $0.24 TRX might approach $0.3 and its ATH as soon as in mid-2024.
Tron Price Predictions for 2025
Captain Altcoin TRX Price Prediction 2025: $0
Torsten Hartmann of Captain Altcoin is not as big a fan of the project as other analysts. He claims that TRON has already run out of investors’ trust and there are far more viable platforms and projects. In line with this opinion, he predicts the TRON coin will have gone to zero by 2025.
DigitalCoinPrice TRON Forecast: up to $0.38959376
According to DigitalCoinPrice, in five years TRX holders will see a return of 150–250%. The prices will not be very volatile and stay between 35 and 48 pennies.
LongForecast TRX Prediction: $0.16–0.25
According to this projection, TRX in five years will be trading for only about twice as much as now. After a surge in 2023 and 2024, by 2025 it will correct back to the range near $0.2. In May 2025, the expected prices range between $0.16–0.19, falling from March’s high of $0.25.
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.
By that time in the future, TRON will accomplish all their milestones in the roadmap and focus on mainstream adoption. There is no hard limit, like in Bitcoin, so TRON is inflationary and unlikely to reach three figures. However, a price of about $10 dollars seems like an optimistic yet feasible forecast for such a long time.
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!
- 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;
- 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 at the time of step 1;
- As soon as the exchange has been processed, your TRX is on the way to your wallet.
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. There is very little doubt that TRON will slow down in its development.
All of these factors are only more reasons to keep an eye on this project! Pro tip: you can do it by giving ChangeHero blog and social networks a follow: Twitter, Facebook, Reddit and in Telegram. Feel free to share your TRON price predictions with us!
Frequently Asked Questions
Will TRON go up in 2021?
Most forecasts agree that TRON will go up in 2021.
What will be the price of TRX in 2021?
Experts name very varying figures for TRX price 2021, from $0.1 to $1.
What will be the price of TRX in 2022?
Analysts expect TRX price 2022 to be anywhere between $0.13 to $0.35.
Is TRON a good investment in 2021?
Even the bearish predictions admit that TRON is a good investment in 2021, for the short-term.
Will TRX ever reach $1?
Some forecasts say that TRX will reach $1 in 2021, others give five years for this target to be reached.
What will TRON be worth in 5 years?
Moderate predictions state TRON will be worth about $0.4 in 5 years.
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.