Will Tron TRX price double within two years? How much will TRX’s price be worth in a few years? This Tron price prediction 2030 article will answer these questions for you.
Tron has won over crypto experts, who give this incredible token a positive forecast all around. Considering its technical accomplishments and wide applications, it’s not surprising that the whole market is expecting a price increase in the long term. Some even predict that Tron’s price could surpass its previous all-time high levels within just a few years.
No wonder why! The Tron network was created as a direct challenge to the media industry, including media titans such as Amazon and Netflix. Tron’s slogan is “Decentralise the Web,” and its purpose is to eject the corporate middleman from the process of consuming mainstream media.
The latest Tron price prediction 2030 is all bullish for the long-term, with prices expected to trend up continuously throughout the years.
Tron News, Updates, and Tron Price Prediction 2030
What has the Tron network been up to lately? Let’s find out more about some hot news that can affect the price of TRX.
1. Tron Buys BitTorrent
In its earlier days, Tron bought BitTorrent, the world’s most popular peer-to-peer file sharing network. Neither of the two parties disclosed how much Tron paid for the company. TechCrunch estimated the transaction was valued at $126 million.
2. Tron Foundation Launches $300 Million GameFi Fund
In 2020, the TRON Foundation unveiled TRON Arcade. This impressive product is a $300 million fund focused on the GameFi space, in collaboration with APENFT and WINKLink. TRON Arcade plans to boost GameFi ecosystem growth on the Tron network. The fund will invest and incubate NFT and GameFi projects over the next three years or so.
3. TRON DAO Restructuring
The Tron Foundation was officially dissolved last July 25, 2021. The three nodes run by the Foundation — justinsuntron, BitTorrent, and utorrent — also quit TRON Super Representatives in December. These effectively marked the restructuring of the foundation into TRON DAO. The DAO in the name stands for Decentralised Autonomous Organisation.
The establishment of TRON DAO is very useful. It allows users to participate in governance and decision-making in a fairer, freer, and more flexible fashion. This made Tron the first public chain to become a DAO, equipping the blockchain with a unique edge in the increasingly fierce competition in that sphere.
The news of TRON DAO’s restructuring boosted its coin price, allowing it to recover from the prior month’s crypto market crash.
4. Tron and Quigon
Quigon is a platform that deploys NFT dApps on different blockchains and they are the first chain-agnostic bridge built for NFTs. The platform is known for its unique features such as Quiswap, which allows users to use any coin or tokens to buy NFTs from different blockchains and markets.
TRON DAO and Quigon entered a strategic partnership that aims to link NFT collections and the marketplace.
5. The Tron Grand Hackathon
TRON DAO hosted an Olympics-style event for blockchain developers worldwide. The TRON Grand Hackathon 2022 is co-hosted by TRON DAO and BitTorrent Chain (BTTC). The hackathon is set to appeal to many excellent developers from other public chain ecosystems, not just Tron.
The TRON Grand Hackathon 2022 comprises three sessions, which makes it what people now call a marathon for developers—as the name suggests. The contest will last for nine months and has four tracks: Web3, DeFi, GameFi, and NFT. Whether you are a blockchain developer or not, you can join the hackathon. It is open for everyone—be it a smart contract developer, a designer, a product manager, or an individual looking for a team.
Tron Price Prediction and Technical Analysis
Now that we know what’s been happening in the crypto space, let’s explore how TRX performed in the past and what its future may hold.
TRX Price History
For the majority of 2021, the price of Tron was heavily impacted by the sour sentiment for the crypto sphere as a whole. Since launching in 2018 at a peak price of $0.218, the TRX coin has not retested that summit again. It came close to this level in April 2021 but met a solid resistance at the $0.16 mark, which it has yet to break again.
Tron Price Prediction 2022
The crypto traders over at Wallet Investor have a long-term positive outlook for Tron’s price. They expect TRX to trade at $0.111 by the end of this year and reach $0.267 by the end of 2025, which is almost 4 times its current price as of writing.
Meanwhile, DigitalCoin expects Tron’s price to trend higher but at a slower pace. Its Tron price prediction for 2022 is $0.0934.
The crypto analysts of Gov Capital also noted a possibly slower price increase initially, predicting that the Tron token could trade at $0.0859 by 2022 and hit $0.36 by 2025.
Tron Price Prediction 2030
It’s likely that Tron will reach a new maximum price within the next ten years. By 2030, DigitalCoin’s Tron coin price prediction sees a rise to a new all-time high of $0.32.
What the Experts Think
To help you get a better idea of what’s in store for TRX, we consulted the opinions of several notable cryptocurrency experts.
Lewis Jackson
In Lewis Jackson’s latest TRX price prediction 2022, he said that he relies heavily on Fibonaccis to determine price action. When applied to the TRX coin, Jackson thinks it is trading at a relatively attractive price range since it is still below the 0.236 Fib level. From Tron’s current price range, the upside to his price prediction would be roughly 15x to $1.05 and 18x to $1.24.
Crypto Scope
According to Crypto Scope’s forecast and technical analysis, Tron (TRX) could end up at $0.11 in 2022 and $0.14 in 2025.
The Basics
So far, we looked at Tron’s future potential. But if you want to fully understand this token, you need to also know the basics of the Tron network. Let’s explore its fundamentals in a bit more detail.
What Is Tron?
Founded by the Tron Foundation, Tron is a blockchain-based decentralised digital platform that has its own native cryptocurrency: the TRX token. It was built in 2017 and aims to host a global entertainment system for the cost-effective sharing of digital content.
The Tron Foundation first started off in Asia but now has managed to go global. It hit the 50 million mark in number of accounts as early as August 2021, just four years after its launch.
The Tron software can support smart contracts and dApps (decentralised apps), which effectively makes it a suitable platform for additional crypto assets, in addition to the TRX central and native to the blockchain’s operations.
What’s So Good About the Tron Network?
Tron enables developers all over the globe to create and deploy decentralised apps for virtually any purpose. This includes online games, decentralised exchanges, yield farms, and even open lending platforms.
The core purpose of the Tron ecosystem is to provide people with access to content that is not geographically censored or otherwise constrained. Content creators can use the Tron blockchain to bypass corporate intermediaries like Amazon or Netflix. Creators on Tron will have complete control over the data they want to make public, including the manner in which this data is transmitted to the respective audience.
What Is TRX?
The cryptocurrency used by the Tron network is Tronix (or TRX). The users of the blockchain use TRX tokens to directly pay the content creators to access their applications. These crypto-assets can be stored using a desktop, mobile, or hardware wallet.
TRX Mass Adoption?
In February 2021, a couple of celebrities started tweeting about Buying Tron and even mentioned founder Justin Sun in their notes.
Actress Lindsay Lohan commended the performance of the TRX price in a tweet and even told Justin Sun he did a good job.
Kendra Lust, Host of the Beauty and the Beast podcast, also tweeted that people should use only TRX since it is “fast, cheap, and hot.” This continued with rapper Lil Yachty and singer NE-YO.
Justin Sun tweeted “TRX mass adoption on the horizon?” soon after.
How to Buy Tron?
The Tron TRX cryptocurrency is available through many crypto exchanges, most of which are familiar to us all. Based on its website, you can trade TRX through:
- Binance
- Bittrex
- Upbit
- Bitfinex
- HuobiPro
- Coinnest
- OKEx
- Gate.io
- CEX.COM
- Liqui
- YoBit
- OTCBTC
- LBank.info
- Bibox
- Bit-Z
- CoinEgg
- Qryptos
- CoolCoin
- Gatecoin
Yet, eToro is one of the best platforms to buy and sell Tron. It has a very interactive website that can be accessed through most browsers. On top of this, the eToro mobile app is also available both on the Apple Store and Google Play. Its features are straightforward, and the notifications can help keep you up to date with how your investments are faring.
FAQs in our Tron Price Prediction
Still got questions about TRX? Here is what people frequently want to know about this token.
Is TRX a Good Investment in 2022?
While we can’t see into the future, many crypto experts are optimistic about Tronix. This network’s focus on entertainment sets it apart from the competition, so if it manages to dominate the niche, Tron could become more valuable in the future. Still, we advise you to consult a professional before deciding whether to invest in Tron.
What Will the Price of Tron Be by 2025?
Based on the Tron price forecasts we consulted, the token will likely reach $0.36 by 2025.
Does Tron (TRX) Have a Future?
The fact the Tron network has a mission that distinguishes it from other blockchains bodes well for its future. The acquisition of BitTorrent was certainly a step in the right direction, considering Tron wants to create alternative ways for content sharing. Now it just needs to create demand for its services and bring attractive content to its platform. If it manages to do all of this, TRX will likely do well in the future.
What Does the Future Hold for the Tron Coin?
That remains to be seen. Whether Tron turns out to be a successful project in the long term will depend on many factors. For example, will the network succeed in becoming an entertainment platform? Will the cryptocurrency market grow? Are more people going to warm up to DeFi and dApps and make them a staple in our daily lives? Tron holds a lot of promise, but we’d need to see how these factors pan out over the next few years.
Disclaimer in our Tron Price Prediction
This Tron price prediction 2030 article is not financial advice. The crypto market is very volatile. Therefore, anything that you read here should be digested in conjunction with your own research.
Price predictions, no matter how extensive, are not always 100% accurate. Historical performance never ensures we can guess the future price of an asset. Losing money rapidly is a high risk that you could face should you choose to invest without doing your own due diligence.
