
Key Takeaways
- While technically possible, a $1 price for TRX would require nearly a 3× increase in market cap.
- TRON’s dominance in stablecoin transfers is a key strength, but concerns about centralization and founder reputation could undermine investor confidence.
What is TRON?
TRON (TRX) launched in 2017 by Justin Sun as a fast, low-cost blockchain for decentralized apps and crypto transfers. Today, it’s become a popular network for transferring stablecoins like USDT. It's seen heavy usage in Asia and other emerging markets due to its low fees.
In recent months, TRON has seen price growth due to growing stablecoin usage and President Trump’s crypto-friendly policies.
Can TRX really reach $1 billion?
With ~94.7 billion TRX in circulation and a current price around $0.35, a $1 valuation would imply a $94.7 billion market cap.
Let’s compare that to today’s crypto market caps:
- Bitcoin: ~$2.3 trillion
- Ethereum: ~$0.5 trillion
- Total crypto market: ~$4 trillion
- TRON (today): ~$35 billion
$1 TRX is well within the realm of possibility. However, it would require a major surge in usage and demand.
Why is TRX’s price going up?
- Stablecoin volume leadership: TRON remains a top chain for USDT transfers, enabling fast transfers at low costs. As of 2025, the supply of USDT on TRON was higher than the supply of USDT on Ethereum!
- Market expansion: In many emerging markets, USDT offers an easy and reliable way to make transfers and exchanges. TRON is leading the way in terms of adoption in countries like India and Nigeria.
- Improved sentiment: In 2025, the SEC announced a ‘stay’ in its case against TRON’s founder Justin Sun.
- Political factors: The Trump Administration's crypto-friendly policies have boosted the crypto market as a whole. In addition, the GENIUS Act has created clear regulatory guidelines for stablecoins, which could potentially boost TRON!
Why is Justin Sun controversial?
Some investors remain wary of TRX largely because of issues around TRON and Justin Sun’s reputation. Here are some examples:
- SEC lawsuit: In 2023, the SEC sued Justin Sun. Among the complaints were that Sun manipulated the price of TRX through secondary markets, and paid celebrities like Jake Paul to promote the coin without disclosing that they had been compensated. In 2025, the SEC announced that it had paused its case against Sun. Some critics speculated that this was due to Sun’s connection to President Trump.
- Plagiarism: In 2018, Sun and the Tron founding team came under fire when it was discovered that sections of the cryptocurrency’s white paper had been plagiarized. Critics said that this was proof that the Tron team was guilty of unethical conduct.
- Centralized: TRON is seen as heavily influenced by Sun and a small group of insiders. Meanwhile, networks like Ethereum are more decentralized.
Is TRON a good investment?
Pros:
- A low fee settlement layer for stablecoins
- Wide presence in emerging markets who want access to the US dollar
- Tron has strong real-world usage, a positive sign for future adoption
Risks:
- Founder centralization and stigma
- Over-reliance on stablecoin transfers
- Heavy competition from Ethereum Layer-2s and blockchains like Solana with broader developer ecosystems
Should I invest in TRX?
TRX is best suited for investors who believe that stablecoins will be widely used in emerging markets and are comfortable with the centralized nature of TRX. If you are looking for a decentralized cryptocurrency with a broader app ecosystem, you may want to consider Ethereum or Solana.
Conclusion
It’s possible that the crypto-friendly environment and increased usage of stablecoins in emerging markets may lead to price growth for TRX. However, investors should be aware of Sun’s reputation and previous controversies around TRON.
Frequently asked questions
- Could TRX realistically reach $1?
While $1 TRX is in the realm of possibility, it would require a significant surge in demand.
- What’s a realistic long-term range?
It’s impossible to make an accurate long-term prediction for any cryptocurrency. It’s possible that TRX will see price growth due to crypto-friendly policies and increased stablecoin usage.
- What are the biggest catalysts for TRX?
The biggest catalysts for TRX is an increase in stablecoin transaction volume and the pause in the SEC’s case against Justin Sun.
- What are the biggest risks of investing in TRX?
The biggest risks for TRX are concerns around the founding team and competition from Ethereum and other blockchains.
How we reviewed this article
All CoinLedger articles go through a rigorous review process before publication. Learn more about the CoinLedger Editorial Process.

CoinLedger has strict sourcing guidelines for our content. Our content is based on direct interviews with tax experts, guidance from tax agencies, and articles from reputable news outlets.