In recent cryptocurrency market downturn, where capitalization dropped by 7.9%, TRON (TRX) managed to hold its place in the top ten.
TRON's Position in the Top 10
Despite a 4.52% price drop to $0.2304 and market cap decrease to $21.89 billion, TRON remains 10th on CoinMarketCap and CoinGecko.
TRON holds its 10th position on CoinMarketCap and CoinGecko.None
Sharp Increase in Trading Volume
TRON's trading volume surged by 99.75% in the past 24 hours, reaching $835.72 million. Technical indicators show market stabilization.
Long-term Projections and Expectations
Analysts predict TRX to range between $0.2396 and $0.3664 next year, suggesting a possible 51% increase. Other 2030 forecasts expect an average price of $2.12.
Despite market volatility, TRON remains resilient due to active network and high trading volume. Long-term growth depends on sustained buying pressure.
