Tron rockets 120% YoY as traders brace for potential pullback

Tron has experienced a remarkable growth rate of 120% year-over-year, with its current market capitalization reaching 23.28 billion USD, making it the ninth-largest cryptocurrency.

Projected revenue for Tron is expected to exceed 1.01 billion USD by 2025, further solidifying its position as a profitable entity. It has also emerged as a primary processor for Tether transactions, handling approximately 72 billion USD recently.

Despite significant growth, recent technical analysis suggests a bearish trend for TRX prices, indicating potential market corrections in the near future.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts