TRON (TRX) has experienced some recent developments and maintains a solid position in the blockchain space. As of October 2024, the price of TRX is around $0.16, and it ranks 11th by market capitalization, valued at nearly $11 billion. TRON remains a top performer in the decentralized finance (DeFi) sector, with a strong total value locked (TVL) of over $7 billion, making it the second-largest after Ethereum.
In terms of future price predictions, TRX is expected to fluctuate between $0.15 and $0.19 by the end of 2024, with projections suggesting potential growth in the coming years. However, the coin still trades about 60% below its all-time high from 2018. Key factors like market conditions, Bitcoin performance, and TRON's ongoing collaborations will influence its future trajectory.
Note: Not a financial advice
