Tron (TRX) Crosses 10 Billion Transactions, How High Will It Trade In May?
The cryptocurrency industry has welcomed a wide range of cryptocurrencies over the years. Despite this, some assets remain untethered. Bitcoin (BTC) and Ethereum (ETH) have been ruling over the market for ages now. Justin Sun’s Tron (TRX) is among the assets that made their debut early on. Despite this, the altcoin seems to be struggling to record substantial growth in terms of price. TRX has recorded massive growth of over 22420.64% since its origin. But still, the asset hasn’t moved close to the $1 or even $0.50 mark. Will May 2025 bring in big gains for the altcoin?
Also Read: Latest Forecast Shows Ripple (XRP) Reaching $6.4: See the Timeline
Tron’s TRX Slides Down
At the time of writing, Tron’s TRX was trading at $0.2455. This price was achieved after a 1.48% drop over the past 24 hours. The asset was trading at a high of $0.2493 just earlier today. But soon it came crashing down to a low of $0.2435.
Amidst this bearish momentum, the community was celebrating a win for the Tron network. According to CryptoQuant, the network crossed a staggering 10 billion total transactions. An analyst wrote,
“Daily transaction count is around ~8.4 million. This is among the highest in the space. Tron activity has picked up during bull market spikes in 2021 and 2023, but is still growing daily.”
Also Read: Warren Buffett Invests $73M In This Undervalued Tech Stock
May 2025 Price Prediction
Tron’s TRX is all set to record a notable spike during this month. Data from CoinCodex reveals that TRX will trade at a maximum price of $0.2859 following a 15.97% rise from its current price level. In addition, the average trading price of the asset was set at $0.21491. While this may not be a major uptick, it is much needed for the overall growth of the market.
Also Read: Solana (SOL) Forecasted To Reach $500, Here’s When
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Tron (TRX) Crosses 10 Billion Transactions, How High Will It Trade In May?
The cryptocurrency industry has welcomed a wide range of cryptocurrencies over the years. Despite this, some assets remain untethered. Bitcoin (BTC) and Ethereum (ETH) have been ruling over the market for ages now. Justin Sun’s Tron (TRX) is among the assets that made their debut early on. Despite this, the altcoin seems to be struggling to record substantial growth in terms of price. TRX has recorded massive growth of over 22420.64% since its origin. But still, the asset hasn’t moved close to the $1 or even $0.50 mark. Will May 2025 bring in big gains for the altcoin?
Also Read: Latest Forecast Shows Ripple (XRP) Reaching $6.4: See the Timeline
Tron’s TRX Slides Down
At the time of writing, Tron’s TRX was trading at $0.2455. This price was achieved after a 1.48% drop over the past 24 hours. The asset was trading at a high of $0.2493 just earlier today. But soon it came crashing down to a low of $0.2435.
Amidst this bearish momentum, the community was celebrating a win for the Tron network. According to CryptoQuant, the network crossed a staggering 10 billion total transactions. An analyst wrote,
“Daily transaction count is around ~8.4 million. This is among the highest in the space. Tron activity has picked up during bull market spikes in 2021 and 2023, but is still growing daily.”
Also Read: Warren Buffett Invests $73M In This Undervalued Tech Stock
May 2025 Price Prediction
Tron’s TRX is all set to record a notable spike during this month. Data from CoinCodex reveals that TRX will trade at a maximum price of $0.2859 following a 15.97% rise from its current price level. In addition, the average trading price of the asset was set at $0.21491. While this may not be a major uptick, it is much needed for the overall growth of the market.
Also Read: Solana (SOL) Forecasted To Reach $500, Here’s When
Read More