Tron (TRX), currently trading as the eighth-largest cryptocurrency, is in the spotlight despite the broader bearish market sentiment. Tron has decoupled from Bitcoin (BTC) and Ethereum (ETH), both of which saw declines in the past 24 hours.
Tron rivals Bitcoin and Ethereum
At press time, the price of TRX changed hands for $0.2548 after recording a 2.9% increase in the past 24 hours.
Data from CoinMaketCap shows that Tron is the best gainer among the top 20 digital currencies by market capitalization. The altcoin is also outshining Bitcoin and Ethereum, each of which has dropped by 0.5% and 2.0%, respectively.
Related
However, Tron’s trading volume declined 5.6% to $568 million. The TRX price rally marks an unusual breakout from its consolidation trend on Tuesday. The TRX price opened at $0.246 in today’s trading session.
After consolidating at this level for hours, it recorded a definitive breakout at $0.25 before skyrocketing to a high of $0.2548. Over the past seven days, the price of Tron has spiked over $10.4%, demonstrating its resilience. In contrast, BTC and ETH surged 9.6% and 6.9%, respectively.
Tron founder predicts epic Tron breakout in Q2
In an earlier report, Tron Founder Justin Sun predicted a major rally for TRX in the year’s second quarter. He forecast that the altcoin’s market capitalization would hit a new all-time high in Q2, 2025. The altcoin currently has a market cap of $241 billion.
Related
He also hinted that the market caps of USDT on Tron and the network’s native stablecoin, USDD, could also push the digital currency to new highs in the same time frame. That suggests this is not just about price action or short-term speculation but more about growth across the entire ecosystem.
At a time when ETF sentiment is growing in the altcoin world, experts have teased that a Tron ETF is possible next.
