Tron (TRX) Outperforms Bitcoin and Ethereum Amid Market Decline

Tron (TRX) has outperformed Bitcoin (BTC) and Ethereum (ETH) in price action, increasing by 2.9% in 24 hours while BTC and ETH fell by 0.5% and 2.0% respectively. Despite a decline in trading volume, TRX’s price surge signifies a breakout from a consolidation phase. Tron founder Justin Sun anticipates further growth and potential ETF developments.

Tron (TRX) is currently gaining traction as the eighth-largest cryptocurrency, bucking the trend of a generally bearish market. Despite Bitcoin (BTC) and Ethereum (ETH) experiencing declines in the last 24 hours, Tron’s price increased by 2.9% to $0.2548, making it the top gainer among the top 20 digital currencies by market cap, according to CoinMarketCap. In contrast, Bitcoin fell by 0.5%, while Ethereum dropped by 2.0%.

While Tron’s trading volume has decreased by 5.6% to $568 million, the recent price surge indicates a significant breakout from an earlier consolidation phase. Beginning today’s trading session at $0.246, TRX saw a decisive increase to $0.25 before reaching a high of $0.2548. The price of Tron has risen impressively over the past week, with gains exceeding 10.4%, while Bitcoin and Ethereum experienced smaller increases of 9.6% and 6.9%, respectively.

Tron’s founder, Justin Sun, has predicted a substantial rally for TRX in the second quarter of 2025, expecting the market capitalization to reach a record high of $241 billion. He emphasised the potential growth of USDT on the Tron network and the native stablecoin USDD, indicating that this trend extends beyond mere price speculation. As optimism grows around ETF developments in the altcoin sector, the possibility of a Tron ETF adds to the excitement surrounding its future.