In the past, a number of different cryptocurrencies have been welcomed by the industry. Some assets are still untethered. Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies have dominated this market for a long time. Justin Sun’s Tron is one of the early assets. However, it seems that the altcoin has a hard time registering a substantial price increase. TRX’s price has risen by 22420.64% in the last year. The asset is still nowhere near the $0.50 or $1 mark. Can altcoins make big gains in May 2025?
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Tron TRX Sliding Down
Tron’s currency TRX, at the time this was being written, traded for $0.2455. After a 1.48% decline over the previous 24 hours, this price was reached. This asset traded at $0.2493 earlier today. It soon crashed to a minimum of $0.2435.
At the same time, the Tron community celebrated its victory. CryptoQuant reports that the network has surpassed 10 billion transactions. 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.”
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Price Forecast for May 2025
Tron TRX’s price is set to spike this month. CoinCodex’s data shows TRX trading at a $0.2859 maximum after a rise of 15,97% over its current price. Additionally, the asset’s average trading price was $0.21491. Although this is not a significant increase, the growth in the market as a whole will benefit from it.
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Source: watcher.guru
