Tron(TRX) News: Analysts Predict Potential Growth with Long-Term Volatility
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Tron Price Outlook: TRX’s Path to $1—Is It Possible?
TRX faces consolidation around $0.22–$0.25, with analysts predicting potential growth to $0.46–$0.49 by the end of 2025. Long-term projections for TRX vary, with estimates ranging from $0.42 to $1.23 by 2030, highlighting the volatility of the market. Tron (TRX) has had an interesting journey in the crypto market. Despite its popularity among gamers and decentralized applications (dApps), the price of TRX has experienced volatility in recent months. After reaching a peak in December 2024, the cryptocurrency has notably declined, with its current value hovering around $0.22. As the market stabilizes, many wonder if TRX can reach the $1 mark by 2025.
4 Ripple (XRP) Rivals to Buy Now
XRP, the native token of Ripple, peaked at around $3.32 in January 2018 but has failed to surpass its ATH. As of February 23, 2025, XRP is selling at about $2.54. Many investors are seeking substitutes with better growth potential, and newly developed cryptocurrencies like Rexas Finance (RXS), Tron (TRX), Hedera (HBAR), and Sui (SUI) are becoming popular. These cryptocurrencies offer more utility and creativity, attracting increasing investor interest, with some experts projecting notable price swings in the near future.
TRX Short Sellers Face $2M Liquidation, Will Bulls Step In?
As the overall cryptocurrency market begins to recover, Tron (TRX) appears bullish, with over a million dollars worth of traders’ short positions on the verge of liquidation. Since the beginning of February 2024, TRX has been moving within a parallel channel pattern between $0.22 and $0.25. However, TRX is currently trading near $0.223 and has remained stable over the past 24 hours. During the same period, its trading volume dropped by 15%, indicating that traders and investors are more hesitant to participate compared to the previous day. Data from the on-chain analytics firm Coinglass revealed that traders are currently over-leveraged.
