Tron (TRX) Price Prediction 2024-2050. Can Tron Ever Reach $10?

Blockchain is transforming digital content creation and ownership with its decentralized framework, smart contracts, NFTs, and monetization capabilities. It is indeed ushering in a new era of security, transparency, and authenticity of digital content. At the core of this revolution is the Tron Foundation.

The Tron Foundation is a highly competitive, community-governed, decentralized, autonomous organization connected to a diverse and growing blockchain ecosystem. With a wide variety of offerings under its umbrella, including SunSwap, the Tron Wallet, JustStable, Just DAO, and more, the Tron ecosystem provides an inclusive environment for content creators, especially in the areas of media and entertainment. The network is known for its high transaction throughput, low costs, scalability, and security.

The Tron network has been topping crypto news headlines over the last few weeks with the launch of its landmark meme coin platform, SunSwap. But what about its long-term success?

Let's gaze into the crystal ball and unlock the true potential of TRX! Could this token make record gains and scale the $1 price point in 2024? Is Tronix a worthy long-term investment? Can we see TRX trade at $5 in the long term? What will the price of TRX be in the upcoming Bull Run? We have all the answers in this price prediction blog. Read on to know if Tronix is worth your hard-earned money.

Tron Network Overview

TRON is a decentralized blockchain-based platform developed by the Tron Foundation. The aim of this platform is to facilitate secure content creation, ownership, storage, publishing and transfer using distributed storage technology. The TRON Foundation is a nonprofit organization that manages the TRON network, adhering to core principles of transparency, fairness, and openness. Any surplus funds generated by the foundation are retained for future events and activities. Members do not receive or benefit from any profit distribution.

Justin Sun launched the Tron Foundation in July 2017. The project was created to provide full ownership rights to digital content makers. Like Solana,Cosmos, and Cardano, Tron uses the proof-of-stake consensus mechanism.

In September 2017, the foundation raised $70 million through an initial coin offering (ICO) of the platform's native cryptocurrency, TRX. 

Since its inception in 2017, Tron has worked with two primary motives: decentralization and empowerment. To facilitate these motives further, Tron became a decentralized autonomous organization (DAO) in December 2021, a community-governed, decentralized, autonomous organization connected to a diverse and growing blockchain ecosystem.

Developers can create and launch a wide range of applications—such as online games, entertainment, and media apps—all utilizing TRON’s native token, TRX. This versatility and support have contributed to a thriving developer community within the TRON blockchain ecosystem. The Tron ecosystem is making waves in several blockchain niches, including gaming, art, finance, multimedia and art. The Tron Foundation has several offerings, including the Tron Wallet, SunSwap, TRONSCAN, JustStable, Just DAO, NFTs, SunPump, and many more.

The Tron Foundation website offers comprehensive tutorials, enabling new developers to leverage the network's features and build cutting-edge applications.

As the platform continuously evolves, we foresee Tron having a more significant influence in the blockchain world, increasing its utility across different niches and becoming a critical ecosystem in distributed ledger technology.

Now that we understand Tron Network's features, let’s examine its native token, Tronix (TRX).

Tron (TRX) Price History

The TRON Foundation was established in July 2017, and the TRX token was launched shortly after in September 2017 through an initial coin offering (ICO). At the time of launch, 100 billion coins were created, out of which 40 billion TRX were for public sale, 15 billion TRX for private sale, 35 billion TRX reserved for the TRON Foundation and 10 billion TRX reserved for Peiwo, the social media application founded by Justin Sun which was also the project’s initial supporting. At the time of its launch, TRX exchanged hands for $0.002.

For the remainder of 2017 following its launch, TRX witnessed a massive surge in price, closing its launch year at $0.05. January 2018 was the month of its highest escalation when the price of Tronix spiked to $0.23, its all-time price high to date.

However, this escalation was short-lived, as the coin slipped to $0.06 by the end of January 2018 and continued spiralling down to $0.01 by the end of 2018. This downturn could be attributed to the crypto winter phase, which witnessed Bitcoin’s market cap slash to half, negatively impacting the entire cryptocurrency market.

2019 and 2020 were fairly uneventful for Tronix, with short spikes and equally brief recoveries. The token's price hovered between $0.01 and $0.03. The COVID-19 pandemic brought down the prices of most cryptos in 2020 due to low trading volumes and negative investor sentiments.

In April 2021, the altcoin witnessed some action again and climbed to $0.16, followed by a gradual recovery as investors began booking profits. However, TRX quickly recovered by the end of 2021, sitting at $0.12 in November 2021.

Like the rest of the crypto market, Tronix was ushered into a bearish phase in 2022, floating around $0.05 for most of the year. Since 2023, however, this altcoin has been on a steady rise, climbing from $0.05 in January 2023 to $0.1 by the end of the year.

Entering 2024, TRX has maintained its positive momentum and has been in the green throughout the year.

Over the last month, July-August 2024, Tron has outdone itself with a massive 35% price increase. Open interest in TRX has jumped by a massive 56%, indicating increasing investor interest as the platform made some big announcements, including the launch of SunPump, a new platform for creating and trading meme coins. This is reflected in the trading volume for TRX, which also skyrocketed by over 111% to reach $1.9 billion.

At the time of writing, this altcoin is trading at $0.16, surpassing Cardano and entering into the big league of the top ten cryptocurrencies by market cap.

Tron (TRX) Price Prediction 2024

Investors and market analysts are upbeat about the positive price trend continuing for TRX for the remainder of 2024.

TRON Founder Justin Sun recently unveiled SunPump, positioned as a rival to Solana’s Pump.Fun. SunPump is a Tron-based platform to launch and trade meme coins. The move of the Tron Foundation into the meme coin space seems to be paying off. This is evident in the massive leap in trading volume and open interest for the token. SunPump has been given a red-carpet welcome as it tops $7 million revenue in just 11 days after launch. The platform has helped create over 18,000 meme tokens in this short period. With meme coins being one of the fastest-growing niches in blockchain, the Tron Foundation has certainly hit a bulls-eye with SunPump. Further, with Justin Sun’s tweet revealing his recent discussion with several major players in the meme community to integrate into the Tron ecosystem, we can expect a lot of churn in SunPump in the upcoming months.

Several Web3 projects, including Dexscreener and CEX exchanges, have already partnered with SunPump. Bitpanda also announced it will list its meme coin SUNDOG, which, according to the Bitpanda Twitter handle, is a meme coin about a dog built on TRON that’s going to the Sun. Similar partnerships in the future will act as a catalyst in TRX’s big boost.

Another major positive for the Tron ecosystem that has pushed its native altcoin’s price up is its win in a key motion in the ongoing SEC lawsuit. The denial from a New York Federal Judge for the Securities & Exchange Commission’s request to accelerate proceedings and initiate a pre-trial conference against the Sun & Tron Foundation comes as a welcome boost for the Tron ecosystem. This move has encouraged investors to pile on TRX, thus pushing the demand and the price of the token upwards.

For the uninitiated, the SEC has been pursuing a lawsuit against the Chinese entrepreneur, alleging that he and his companies conspired to distribute billions of crypto assets and artificially inflate trade volumes.

Further, Tether, the stablecoin, recently minted another 1 billion tokens on the Tron blockchain on August 20th, 2024, ushering another wave of positivity for the DAO. Of its total 33 billion coins, 19 billion USDT tokens are minted on the Tron network, while 14 billion tokens were created on the Ethereum blockchain.

At the time of writing, the total value locked (TVL) in the Tron blockchain is just shy of $23 billion.

Adding to this recent wave of positive news is Tron’s strong fundamentals. The network can process up to 2000 transactions per second, equipping it to welcome new users into its community. Coupled with its strong infrastructure and low transaction fees, Tron looks appealing as a network on all fronts for first-time and seasoned crypto investors.

Considering these factors, we expect TRX to surpass its all-time high of $0.23 in the remainder of 2024, fueled by investments from both retail and whale traders. Additionally, when examining TRX's quarterly returns, Q4 has consistently shown strong cumulative performance overall. Therefore, We expect this altcoin to scale new heights and stun the crypto world.

Source: Coincodex.com

Volatility is an intrinsic characteristic of cryptocurrencies, so making long-term price projections for tokens comes with its caveats and cautions.

Our Tron price prediction for 2024 in USD is $ 0.44 (maximum), $ 0.10 (minimum) and $ 0.28 (average).

The same Tron (TRX) price prediction for 2024 in INR is INR 36.92 (maximum), INR 8.39 (minimum) and INR 23.49 (average).

NOTE: All INR price predictions in this TRX Price Prediction blog are based on the current USDT-INR exchange rates (1 USDT = INR 83.92).

Tron (TRX) Price Prediction 2025

The TRON ecosystem is thriving with numerous developments and initiatives that could propel the price of its native token even higher in 2025. SunSwap, as the first decentralized token exchange, enables users to trade any TRC20 tokens at fixed prices, while JustStable, the first decentralized stablecoin lending platform, offers an optimal gateway to DeFi. Combined with TRC20-USDT, a TRC20-based stablecoin, these innovations are expected to enhance liquidity and bolster investor confidence in the TRON ecosystem. Justin Sun also pointed out that Tron’s liquidity pool of $60 billion in TRON USDT is a major advantage, unmatched by any other blockchain.

Evidently, if Tron continues to dominate USDT transactions, it can trigger positive movements in the TRX price in 2025. Moreover, Justin Sun revealed in an announcement his plans to launch a gasless stablecoin in Q4 2024, which could further fuel the price of TRX in 2025.

In addition, Tron boasts the fastest-growing DApps ecosystem, overtaking EOS to become the second-largest public chain platform for DApps. Tron Wallet, TRONSCAN, JustStable, and several other platforms and initiatives from the Tron Foundation make it one of the most bustling, promising, and thriving public blockchain ecosystems today.

Tron has also allocated $10 million to a Meme Ecosystem Boost Incentive Program designed to support promising meme coins launched on SunPump and provide necessary resources to help them succeed. This investment should fuel the price rise of TRX further in the coming months as newer meme coins are launched on the platform, and they leverage this incentive program.

Furthermore, with the successful completion of the Bitcoin halving, we expect all altcoins to enjoy a bullish run cruising into 2025. TRX could be one of the biggest gainers in this Bull Run, as the Foundation has everything going right for it.

Given these factors, our Tron price prediction for 2025 in USD is $2.56 (maximum), $0.84 (minimum), and $1.61 (average).

The same Tron price prediction for 2025 in INR converts to INR 214.83 (maximum), INR 70.49 (minimum) and INR 135.11 (average).

Tron (TRX) Price Prediction 2030

The Tron Blockchain is solid on its fundamentals, which could be the cornerstone of its long-term success. Its capacity to handle large volumes of transactions efficiently with costs as low as $0.000005 per transaction makes it an economical and viable ecosystem for new applications and the ideal home ground for microtransactions in gaming apps, media apps and more.

Further, its smart contract capabilities, unique architecture, and DApp ecosystem make this blockchain a competitive, scalable, efficient, and low-cost network. These factors cumulatively make TRX a good candidate to become one of the biggest cryptocurrencies in the future.

Additionally, SunPump could mature over the next few years and consolidate its position as the leading meme coin platform, boosting the price of TRX significantly.

However, given the volatile nature of cryptocurrencies, making price predictions for the long term comes with its caveats. Investors must conduct thorough research before making investments in any cryptocurrency.

Considering that 2028 is the year of the next Bitcoin halving, the positive repercussions of which could extend to 2030, we have an optimistic outlook for TRX for 2030.

We expect this altcoin to breach the $5 price ceiling in 2030.

Therefore, our Tron (TRX) price prediction for 2030 in USD is $6.79 (maximum), $4.93 (minimum), and $3.46 (average).

The exact Tron (TRX) price prediction for 2030 in INR is INR 569.81 (maximum), INR 413.72 (minimum) and INR 290.36 (average).

Tron (TRX) Price Prediction 2040

Numerous leading experts and cryptocurrency analysts have a favourable long-term perspective on the cryptocurrency market. Moreover, digital content creation is a thriving niche, with a projected CAGR of 12.8% and a valuation of USD 90.4 billion by 2033. The Tron Foundation is at the centre of this movement. If the network continues its resolute functioning, enabling a secure and transparent platform for DApps, we can see TRX as one of the biggest climbers in the crypto market in the long run.

We expect TRX to cross the $10 price mark by 2040 if the network continues on a similar growth trajectory.

However, making long-term price predictions has limited accuracy due to the volatile nature of cryptocurrencies. Hence, we advise investors to conduct research before making crypto investments.

Our Tron price prediction for 2040 in USD is $12.45 (maximum), $5.32 (minimum), and $7.19 (average).

The same Tron (TRX) price prediction for 2040 in INR is INR 1,044.80 (maximum), INR 446.45 (minimum) and INR 603.38 (average).

Tron (TRX) Price Prediction 2050

Blockchain is transforming the digital content creation, security and ownership landscape, with the Tron Foundation being one of the early movers in this space. Hence, we certainly see TRX as a promising long-term cryptocurrency investment prospect.

Having said that, given the uncertainty of TRX's long-term success, our price projections for the altcoin for 2050 are fairly neutral and wide. The market sentiment for TRX in 2050 remains neutral, as experts believe that a lot could go right or wrong for this token 25 years later.

Considering the border aspects, our Tron price prediction for 2050 in USD is $ 17.32 (maximum), $ 8.11 (minimum) and $ 11.64 (average).

The same Tron price prediction for 2050 in INR converts to INR 1,453.49 (maximum), INR 6,80.59 (minimum) and INR 976.82 (average).

Below is a compiled table of Tron (TRX) price predictions for 2024, 2025, 2030, 2040 and 2050 in USD:

Similarly, below is a compiled table of TRX price predictions for 2024, 2025, 2030, 2040 and 2050 in INR:

Will Tron (TRX) Reach $10?

Yes, Tron has the potential to reach $10 in the long run. Riding on its robust ecosystem, which includes Tron Wallet, TronScan, TRC20-USDT, SunSwap, and the most recent meme coin platform, SunPump, The Tron Foundation’s long-term price trajectory certainly looks upbeat.

Overall, the system also offers one of the lowest transaction costs, high throughput and scalability, all with the independence of a decentralized framework and smart contracts.

If the Tron Foundation continues on a similar growth path, we can expect it to scale the $10 mark by 2040.

FAQs

What is the Tron price prediction for 2025 in INR?

Tron boasts the fastest-growing DApps ecosystems, strong infrastructure, low transaction fees and a stronghold in USDT transactions. Coupled with the astonishing rise of its new meme coin platform SunPump and $10 million allocation to a Meme Ecosystem Boost Incentive Program, we expect Tron to make significant gains in 2025.

Further, with the successful completion of the Bitcoin halving, we expect all altcoins to enjoy a bullish run cruising into 2025, with TRX being one of the biggest movers of the seasons.

Given these factors, our Tron price prediction for 2025 in USD is:

$ 2.56 (maximum), $ 0.84 (minimum) and $ 1.61 (average).

The same Tron price prediction for 2025 in INR is: INR 214.83 (maximum), INR 70.49 (minimum) and INR 135.11 (average).

Can Tron (TRX) reach $5?

Yes, Tron can reach $5 in the long term. The Tron Foundation is at the core of how blockchain is transforming digital content creation, security and ownership. Digital content creation is a thriving niche, with a projected CAGR of 12.8% and a valuation of USD 90.4 billion by 2033.

Further, the Foundation has a strong network that includes a decentralized token exchange, the Tron Wallet, and an unprecedented liquidity pool of $60 billion in TRON USDT.

Considering these factors, we expect Tron to surpass $5 by 2030.

How high can TRX go?

Tron (TRX) can become the most profitable blockchain ever. The Tron network has exceeded the Ethereum network’s revenues over the past 90 days, accruing approximately $435 million in fees instead of Ethereum’s stack of $364 million.

Add to this the massive success of SunPump, Tron’s strong fundamentals, unique architecture, low transaction fees and high throughput, we expect Tron to break the $1 price barrier in 2024 and cruise its way to the $2.50 - $3 ceiling by 2025-2026, leveraging the upcoming Bull Run and making big gains.

How to buy Tron in India?

Investors can easily buy Tron in India on FIU-compliant crypto exchanges like Flitpay.

To Buy TRX in India on Flitpay, simply follow these steps:

1. Register on Flitpay and create an account.

2. Verify your identity through Know-your-customer (KYC)

3. Add INR or Fiat currency, corresponding to the amount of TRX you want to buy.

4. Instantly buy TRX with the deposited funds.

Where to buy Tron in India?

Investors must choose a trusted, secure and FIU-compliant crypto exchange to buy Tron in India. Flitpay is a leading crypto exchange in India that is compliant with the regulatory framework of FIU. With the lowest trading fees and a secure two-factor authentication system, Flitpay is a transparent and convenient platform to trade and store your crypto investments.

Investors can buy Tron in INR from Flitpay and enjoy several benefits such as zero deposit and withdrawal fees, low trading fees and a secure ecosystem.

What is the Tron price prediction for the next Bull Run?

The next bull run is expected to kick in by 2024-2025, shortly along the heels of the recently concluded Bitcoin halving earlier in 2024.

Our Tron price prediction for the next Bull Run is that the altcoin will breach the $2 price mark. We expect the token to exchange hands at $ 2.56 (maximum), $ 0.84 (minimum) and $ 1.61 (average).

Our Tron price prediction for the upcoming Bull Run is INR 214.83 (maximum), INR 70.49 (minimum) and INR 135.11 (average).

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