The entire cryptocurrency market was painted red. Most assets witnessed a major downfall over the weekend. Amidst this, Tron’s native cryptocurrency, TRX, was one asset that witnessed a slight recovery. The asset reached a new peak earlier this month, restoring hope back into the community. The community is waiting for the altcoin to reach a new high and hit the coveted 50-cent mark. Can the asset surge to this peak by the end of the month?
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Tron’s Road To Recovery Until 2025
After recording a drop to $0.2417, Tron’s TRX was back on top. Justin Sun’s asset was trading at $0.2495 after surging by 0.72% over the past 24 hours at the time of writing. The altcoin rose to an all-time high of $0.4407 about 20 days ago before dropping by 43% since this peak.
The number of transactions carried out on Tron’s network has lately surpassed previous milestones. The total number of transactions on the blockchain exceeded 180 million in October, November, and December. The actual number of transactions on Tron was 182 million in October, 167 million in November, and 135 million in December. These striking numbers demonstrate Tron’s superiority in terms of transaction volume.
However, the real question is whether the asset could see a major change in its price. The community is eagerly waiting to see an uptick in Tron’s price.
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TRON December Price Prediction
The odds of Tron’s TRX reaching 50 cents by the end of the month is doubtful. According to data from Coincodex, the altcoin is expected to trade at $0.2598. While this is a far cry from the desired mark, the asset will be priced higher than its current level.
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The community will have to wait and watch the asset’s price unveiled in the coming year.
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