- Justin Sun believes TRX will become a top 3 crypto in the next 2 years.
- Sun is confident rather than optimistic about his prediction.
- TRX has gained 6,800% in the past 7 years.
TRON founder Justin Sun boldly predicted TRON to become one of the top three cryptocurrencies within the next two years. Sun made the statement during an interview with Austin Arnold, a host on the Altcoin Daily podcast. According to Sun, his prediction for the cryptocurrency is from a place of confidence rather than optimism.
Sun emphasized the stark contrast between TRON’s current position and its status seven years ago. Back then, being a top three coin was merely an ambition. Now, with a proven track record and widespread adoption, Sun sees it as a realistic goal. He pointed out that “almost everyone in the crypto space is using Tron,” driving significant demand for the cryptocurrency.
CoinmarketCap’s data shows that Tron currently ranks 10th in the global ranking of all cryptocurrencies. TRX, the network’s native cryptocurrency, boasts a market cap of $13 billion, with a circulating supply of 87 billion TRX.
TRX has seen impressive growth since its launch in late 2017. TradingView data shows that TRX began trading at approximately $0.00337 and has since surged over 6,800% in the past seven years to its current price of $0.1489.
Read also: Tron Outperforms Ethereum and Solana in August Revenue, Thanks to Sun.pump
TRX’s growth has been steady, punctuated by spikes during crypto bull markets. After its initial launch surge, TRX rallied 329% in 2018. Its next major jump came during the 2021 bull run, with TRX soaring 2,800% to reach $0.1844. While it pulled back during the subsequent bear market, TRX has steadily recovered, nearly erasing those losses.
The increasing use of the USDT stablecoin has played a significant role in TRON’s expansion over the years. Many in the crypto community favor TRON for USDT transactions due to its efficiency and lower fees.
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