TRX prices nosedived to $0.2575 in early 2024, marking a 43% drop from its yearly peak. By late January 2025, values slid further to $0.2200—a 50% collapse since December. Consequently, bearish sentiment dominates markets as traders question TRON’s resilience. Yet, historical patterns suggest crypto assets often rebound post-capitulation.
Meanwhile, Solana weathered similar volatility before its 2023 rally. Analysts note TRON’s current support near $0.225 could stabilise prices. “If it holds, a recovery becomes plausible,” said crypto strategist Mark Chen.
Justin Sun’s Legal fights
Legal clouds gather as blockchain protocol Chain weighs lawsuits against TRON founder Justin Sun. Allegations of market manipulation follow Sun’s own accusations against Chain’s practices. This feud risks eroding investor trust in TRON’s leadership.
However, Sun remains defiant, recently calling out Coinbase for favouring wrapped Bitcoin. His combative stance mirrors Ethereum’s early struggles with regulatory scrutiny. Despite distractions, Sun continues advocating for TRON’s decentralised vision.
Coinbase Clash
Tensions flared after World Liberty Financial chose wBTC over Coinbase’s cbBTC, prompting Sun to criticise the exchange. This spat underscores TRON’s push to rival major platforms.
Yet, conflict isn’t new in crypto. Solana faced scepticism before institutional adoption. Similarly, TRON’s friction with giants signals growing influence. “Disruption breeds innovation,” remarked DeFi analyst Lena Torres.
Network Strengths
Despite price turmoil, TRON’s 2024 revenue skyrocketed 115% to $2.12 billion. Surging transactions and user engagement hint at robust underlying demand. High-speed processing (2,000 TPS) and negligible fees fuel this growth.
Comparatively, Solana’s ascent relied on similar efficiency. TRON’s Delegated Proof-of-Stake (DPoS) system and developer-friendly Virtual Machine (TVM) further strengthen its case. “Revenue doesn’t lie,” noted economist Raj Patel. “TRON’s fundamentals are solid.”
Can we expect a potential Recovery ?
TRX inched up 0.25 on January 30, 2025, signalling tentative bullish interest. While still below 2024 highs, stability near current levels may attract buyers.
Historically, Solana turned skeptics into believers after prolonged consolidation. TRON’s $0.22-$0.25 range could mirror this pattern. “Patience pays in volatile markets,” advised trader Mia Zhang.
Meme Coin or Altcoins?
Meme coins like Shiba Inu and Dogecoin dominate headlines, but TRX is gaining traction in altcoin chatter. Analysts speculate TRON’s low fees and NFT ecosystem could spur a meme-driven rally.
Meanwhile, Solana capitalised on similar trends with tokens like Bonk. TRON’s integration with BitTorrent—a platform with 150 million users—offers untapped viral potential.
Why Tron Could Mirror Solana’s Ascent
TRON’s tech parallels Solana’s winning formula: speed, affordability, and real-world utility. Its decentralised apps (dApps) span gaming, finance, and content sharing—sectors Solana dominates.
Moreover, TRON’s $2.12 billion revenue eclipses many rivals. While regulatory risks and centralisation concerns linger, its community-driven governance and interoperability goals mirror Ethereum’s evolution.
In conclusion, TRON’s blend of controversy, resilience, and innovation positions it as Solana’s successor. As Sun navigates storms, the network’s thriving activity suggests brighter days ahead.
Written By Fazal Ul Vahab C H
