- Tron (TRX) is showing strong on-chain growth and price resilience, positioning itself to potentially reach $1 in the current bull cycle.
- With recent market cap gains, TRX could overtake major altcoins like Solana and Cardano as the altcoin rally heats up.
The crypto space is buzzing as Tron (TRX) quietly builds momentum, defying bearish altcoin trends and gearing up for a potential breakout. Once overlooked by many, TRX now looks poised to steal the spotlight and push toward the coveted $1 price mark during this bull cycle. Here’s why Tron could become the dark horse in the 2024-2025 rally.
Tron On-Chain Strength: Daily Active Addresses Hit New Highs
While many altcoins have struggled recently, Tron is showing signs of robust organic growth. The number of daily active addresses on the Tron network has surged, signaling increased user engagement and activity. Crypto analytics firm CryptoQuant highlighted this trend on X (formerly Twitter), noting:
“Historically, changes in active address trends tend to precede major price movements.”
This strong on-chain activity suggests that TRX’s price stability and resilience aren’t just luck—they’re backed by real, growing adoption and network usage.
Price Resilience Amid Market Pullbacks
TRX currently trades just above $0.27, climbing steadily from under $0.25 a month ago. While this might not seem explosive, it’s a clear sign of strength, especially as most altcoins continue to face downward pressure. Tron’s ability to hold its ground during tough market conditions speaks volumes about investor confidence.
According to the crypto analyst behind the popular X account Wise Advice, Tron monthly transfer volume recently hit an all-time high of $121.2 billion, outpacing all other top 10 cryptocurrencies since the start of the year. The analyst predicts:
“It looks like @justinsuntron will send TRX to $1 this cycle.”
What’s Next? Tron Could Flip Solana and Cardano
Looking ahead, Tron is not just aiming for a $1 price target — it’s on track to shake up the altcoin rankings. TRX recently overtook Shiba Inu (SHIB) in market capitalization and now eyes a possible flip of Cardano (ADA). Even Solana (SOL), a long-time market heavyweight, could be in Tron’s crosshairs.
As the crypto market gears up for the anticipated 2024-2025 bull run climax, TRX’s steady fundamentals and growing community support could make it a leading force in the next altcoin rally.
Tron’s impressive on-chain growth, resilience against bearish trends, and increasing market cap make it a top contender to watch. If the bullish momentum continues, a $1 TRX price—and the dethroning of bigger altcoins like Solana and Cardano—might soon become a reality. Keep your eyes on TRX as this underdog looks ready to roar in the crypto bull cycle ahead!
