#Tron (TRX)
TRX, the native cryptocurrency of the TRON network, has showcased an aggressive recovery amid the August market uncertainty. From the August 5th low of $0.117, the Tron price prediction displayed a 35% rally to $0.158, while the market cap boosted to $13.81 Billion.
This bullish momentum is largely fueled by a significant spike in Tron Network revenue, which hit an all-time high of $5.33 million last Wednesday. The surge in revenue is attributed to the meme coin generator SunPump, a platform similar to Solana’s PumpFun, that enables users to create and launch their own meme cryptocurrency on the Tron network.
With sustained buying, the TRX price could surge 14% to challenge the April 2021 peak of $0.1. A potential breakout from this level will accelerate the bullish momentum and drive a prolonged rally for this asset.
TRX, the native cryptocurrency of the TRON network,
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TRX
0,1509
-2.07%
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