Tron’s TRX token has captured headlines with its remarkable rally, climbing 85% within a single day to break its previous all-time high of $0.23 and reaching a peak of $0.43, according to CoinGecko data.
As of press time, TRX trades around $0.33, marking a 20% increase over the past 24 hours. Its market capitalization has also surged from $19 billion to $36.7 billion, cementing its position as one of 2024’s best-performing cryptocurrencies.
TRX seven-day price chart. Source: Finbold
Over the past 30 days, TRX has gained over 98%, with a 220% increase since the start of the year.
What’s driving Tron’s rally?
The sharp rally comes amid a broader market recovery in altcoins, even as Bitcoin (BTC) and Ethereum (ETH) remain relatively flat. Other altcoins, including IOTA (MIOTA), also posted significant gains, benefiting from increased trading volumes and market enthusiasm.
Adding to the momentum, Tron’s founder, Justin Sun, has been at the center of several high-
We współpracy z: https://finbold.com/ai-predicts-tron-trx-price-for-year-end/