What Influences TRX Price?
Like every cryptocurrency, Tron changes price depending on a variety of factors – it’s why people wonder about the Tron price prediction, 2025 and beyond – from realistic upswings to more outlandish moonshots like a Tron price prediction $1000 or above.
What's the real story? It all comes down to understanding the good and bad factors affecting how high can Tron go.
Factor 1 – Justin Sun’s controversy
Much like an acerbic pundit or the Wolf of Wall Street, Justin Sun is not known to mince his words. As the figurehead and founder of Tron, this means that his vicious verbal takedowns often create controversy – which in turn can affect how high can Tron go.
Factor 2 – The main dApp cryptocurrency
A big component of the future of Web3 and the blockchain are dApps – decentralized applications. While many cryptocurrencies empower dApps, Tron is one of the largest and most influential technologies in this space. That means that as the industry surrounding dApps grows, so too does excitement about what could Tron be worth in 10 years when the tech is mature.
Factor 3 – Compliant with regulations
People often assume that all cryptocurrencies are unregulated, yet that isn’t strictly true. In fact, Tron is approved by the ACCA all over the world, which means that any future regulatory actions taken anywhere in the world against crypto assets won’t be able to affect Tron negatively.
Factor 4 – Connections with Singapore
Alongside its solid relationship with the ACCA, people are excited about how high can Tron go because it abides by the Company Law of Singapore. This alone gives a lot of legitimacy to this crypto asset – especially because Singapore has such a strong history of shaping the business and financial worlds.
Please remember – The above factors are listed for research and information purposes only, and are not direct financial advice.