Can $TRX Price Reach $0.25 After Outperforming BTC, SOL, and ETH In Revenue? - CoinGape Analytics

Tron is among the few crypto assets gaining amid market turmoil, up 0.2% in the last 24 hours to $0.1539. The coin has outperformed Bitcoin and Ethereum in Q3 2024, with a record $577.2 million in revenue, mainly driven by stablecoin activity and meme coin market share. This marks a 43% quarterly increase and a 113% YoY surge.

The network also hit an all-time high in transaction count, reflecting steady growth since mid-2021. Tron’s revenue outpaced Ethereum, Solana, and Bitcoin by significant margins. Founder Justin Sun remains optimistic for Q4.

TRX's price chart shows a gradual uptrend since August, with key support at $0.1450 and resistance at $0.1650. A potential breakout above $0.1650 could drive the price to $0.25.

However, failure to hold $0.1450 support could lead to further drops.