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Tron (TRX) to hit $1 in this Bull Cycle, Could Overtake Solana in Market Capitalization

Tron (TRX) to hit $1 in this Bull Cycle, Could Overtake Solana in Market Capitalization


ZyCrypto
2025-06-04 21:09:19

Major cryptocurrency Tron (TRX) is riding high after showcasing positive performance recently. The ninth-largest cryptocurrency by market capitalization has resisted negative price trends despite a recent downturn in the larger altcoin market. Buoyed by strong on-chain performance, TRX could be in for a major second half of 2025. Daily Active Addresses Reach New Highs Amidst the recent price pullback in the secondary crypto market, TRX remains one of the resilient platforms, as the all-important on-chain data shows. The number of daily active addresses recorded a significant spike recently, which showcases that the digital currency’s organic performance is one to be reckoned with. According to an X post by popular crypto analytics website CryptoQuant , the strong on-chain showing of the digital currency directly correlates with the price index itself. The account tweeted: “Historically, changes in active address trends tend to precede major price movements.” Recent Price Action Here is the 3-day price action of TRX: Image Source: TradingView TRX is trading just above the $0.27 price level, up from sub-$0.25 levels just a month ago. While price appreciation is nothing major, it shows the strong resilience of the growing blockchain application. TRX has especially resisted significant price pullbacks in recent months, denying the downward forces a chance to take control of the proceedings, even in a short-term setup. The larger trend of the major cryptocurrency is indeed inching upwards. This is a significant development as most of the altcoin market has struggled to maintain its status quo during this time, let alone post strong on-chain data complemented by a sustained interest from the bulls. According to a popular crypto analyst on X Wise Advice: “IF $TRX HITS THE MARKET CAP OF $SOL, THE PRICE OF TRX WILL BE $0.88. Tron also hits a new ATH of $121.2B Monthly Transfer Volume. TRX has given the best performance out of the top 10 coins since the start of this year. Despite all the major altcoins bleeding, TRX held up well. It looks like @justinsuntron will send TRX to $1 this cycle.” What to Expect? If all goes well for TRX, a major price rally is expected to be on the cards for TRX as it heads into the highly anticipated finale of the 2024-2025 bull market, and a $1 price target remains achievable. The last quarter of the current calendar year is expected to witness major price movements from the altcoin field. TRX can lead the way, possibly overtaking more established names like Solana (SOL) to altcoin dominance.


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