Optimism Surrounding Tron (TRX) Price

Tron founder Justin Sun is optimistic about the future of Tron (TRX). According to Sun, TRX price will reach a new all-time high (ATH) despite the current network performance and the asset’s fundamentals. Just three months after TRX hit an all-time high, Justin Sun asserts that the asset will surpass its previous milestone. The project founder is confident that TRX will set another all-time high in the coming months following a sharp price drop.

TRX set an all-time high of $0.44 in December 2024 amid a broader altcoin rally. Currently priced at $0.24, TRX is down 44.22% from its all-time high, but analysts largely share Justin Sun’s optimism. The seven-day chart of TRX reveals a steady increase of nearly 7%, fueling speculation that TRX could reach $1.

Despite trading at almost 50% of its all-time high, the Tron network demonstrates impressive activity. Analyst Ali Martinez confirmed that active addresses have reached 2.94 million, marking a two-month high. Another analyst, known as Crypto Patel, has reported that TRX is on a trajectory toward $1, expressing confidence that the asset will achieve this target during a bull run.

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