TRON (TRX) Price Prediction: Where the Token Stands and What Forecasters Expect

TRON's token spent the second week of November 2025 going almost nowhere. On 11 November, TRX opened at $0.2963, traded between $0.2963 and $0.3011, and closed at $0.2967 on about $763 million of reported volume, according to Yahoo Finance's TRX-USD daily history. That is a market capitalization of roughly $28 billion against a circulating supply of about 94.8 billion TRX, the figure Messari reported at the end of the third quarter. It is also a token sitting about 20% below its August 2025 high and about 31% below its all-time high, at the same time as the network underneath it is posting record revenue. That gap between the chain and the coin is the whole story, and it is where any honest price forecast has to start.

Where TRX stands on 11 November 2025

The numbers that matter, all from the Yahoo Finance daily series unless noted:

Price: $0.2967 at the 11 November close, after a $0.2963–$0.3011 intraday range.

Year to date: TRX started 2025 at $0.2542 (the 31 December 2024 close), so it is up roughly 17% for the year. That is a respectable gain, but most of it was banked in the first half.

Last thirty days: between 10 October and 11 November the token traded from a low of $0.2810 (3 November) to a high of $0.3254 (21 October). It closed 10 October at $0.3210, so the month cost holders a little under 8%.

2025 high: $0.3698 on 14 August, after a summer in which the token rode a stablecoin-volume narrative and a Nasdaq listing tied to its founder.

All-time high: about $0.43 on 3 December 2024, when the market cap briefly touched $36.7 billion, per Crypto Briefing's report from that day. CoinGecko records the peak at $0.4313.

So the token is in a downtrend from August, inside a sideways band since late October, and still comfortably positive on the year. Anyone writing about "support at $0.08" is describing a market that ended years ago.

What TRON is

TRON was founded by Justin Sun in 2017 and runs a delegated proof-of-stake chain in which TRX holders elect "super representatives" to produce blocks and vote on protocol parameters. The design goal was high throughput and cheap transactions, and the chain has found its use case in one product: moving Tether's USDT. The 2018 purchase of BitTorrent is still on the record, but it is not what moves the token. Stablecoin settlement is.

That focus was on display in August 2025. On 26 August the super representative community proposed cutting network fees by 60%, lowering the energy unit price from 210 sun to 100 sun, and the change took effect on 29 August. DL News framed it as a defensive move against Plasma, Bitfinex's stablecoin chain offering free USDT transfers, and against Polygon. At the time TRON hosted about $81 billion of USDT against Ethereum's $73.8 billion, per a CryptoNews report carried by Yahoo Finance. Sun said plainly that the cut would hit profitability in the short term because fees are the network's revenue.

The fundamentals are strong; the token is not tracking them

Third-quarter research published in October 2025 and summarised by Crypto Briefing shows a network at or near record activity:

Revenue: Messari put TRON protocol revenue at $1.2 billion in Q3 2025, an all-time high and up 30.5% quarter on quarter.

Users and throughput: Presto Research counted 2.92 million daily active users and 9.19 million daily transactions across more than 334 million accounts, and estimated that over 75% of global USDT transfers settle on TRON.

DeFi: JustLend's total value locked grew from $3.4 billion to $5.0 billion over the quarter, per Messari.

Supply: Messari's Q3 report shows circulating TRX easing from about 95 billion to 94.8 billion, a 0.2% decline. The fee cut reduces the amount of TRX burned per transaction, so that mild deflation is not guaranteed to continue; the network is betting that higher volume offsets lower fees.

Set that against the price. Q3 revenue was a record, and TRX fell from $0.34 at the end of August to $0.297 by 11 November. There are two readings. The bullish one is that revenue and usage are leading indicators and the token will catch up. The bearish one is that TRX has never traded on cash-flow multiples the way an equity would, so record fees do not mechanically translate into a higher price. Both readings have been true at different points in TRON's history.

What has actually moved the price in 2025

Three events explain most of the year's swings.

The Nasdaq treasury play (June–July). On 16 June, SRM Entertainment announced it would raise $100 million in equity, build a TRX treasury of up to $210 million and rebrand as Tron Inc., with Sun as an adviser, per Cointelegraph. The deal was structured by Dominari Securities and drew attention for its ties to the Trump family. It gave US equity investors a listed proxy for TRX and was part of the run to the August high.

The fee cut (August). Cheaper transactions are good for users and for TRON's competitive position, but they cut the burn and the revenue that the market had been pricing. TRX peaked two weeks before the vote and has not recovered that level since.

The supply-concentration report (September). On 26 September, Bloomberg reported that Sun controls more than 60% of all TRX, based on an asset list his own team had shared; Sun went to court to block the story and a judge declined to grant an injunction, as Yahoo Finance summarised. Whatever the exact figure, a single controlling holder is a structural risk for every other holder: it caps how decentralized governance can be and it means one decision could put enormous supply onto the market.

Beyond those, TRX has done what most large-cap tokens did this autumn: it fell with the broader market through late October and has chopped sideways since.

TRON price forecast for 2025–2026

The one rule for reading crypto forecasts: a number without a named source and a method is a guess dressed up. Here is what published forecasters were saying heading into November, as compiled by Capital.com in its 28 October 2025 update, followed by what the current price says about them.

Changelly: a maximum of $0.346 in November 2025 and $0.345 in December 2025.

CoinCodex: an algorithmic range of $0.3224–$0.3613 for the rest of 2025.

Blockchain.News: a technical target of $0.35–$0.37 by November 2025, published on 6 October when the token was still above $0.33 and with a neutral RSI near 48.

WalletInvestor: range-bound through year-end with minor downside risk, no headline number.

At $0.297 on 11 November, TRX is below the floor of every one of those ranges. That is not a knock on the forecasters so much as a reminder of what these models are: extrapolations of recent price behaviour that get overtaken the moment the market turns. Treat them as a record of what the consensus expected, not as targets.

Rather than invent a new set of numbers, it is more useful to lay out the conditions that would push the token one way or the other.

A recovery case needs stablecoin volume to keep growing after the fee cut, so that revenue holds near the Q3 level despite lower fees per transaction, and it needs the broader market to stop bleeding. If both happen, a return toward the $0.32–$0.33 area where the token spent most of October is the first thing traders will watch for, followed by the August high at $0.37. Nothing about the network guarantees that, and the August level has held as resistance for three months.

A range case is the default. The token has been boxed between roughly $0.28 and $0.33 since late October, and there is no scheduled catalyst on the calendar that obviously breaks it. Record usage with a flat token is what the last two months have looked like, and it can continue.

A downside case comes from three directions: a deeper Bitcoin drawdown dragging every large cap with it, a widening gap between falling per-transaction fees and the revenue narrative that supported the summer rally, or any move by the largest holder that puts supply into the market. The 3 November low at $0.281 is the nearest level that matters; below it, the price levels from before the June Nasdaq news, in the mid-$0.20s, are the reference points.

For 2026 and beyond, no forecast published before this article's date carries a method worth repeating, so this piece does not offer year-by-year numbers. The variables are the same as the near-term ones, stretched out: whether TRON keeps its share of USDT settlement against chains built to undercut it, whether regulators in the US and Europe treat TRX and its founder favourably, and whether supply concentration eases or tightens.

Risk disclosure

TRX is a volatile, speculative asset. It fell more than 30% from its December 2024 high within a year while the network posted record revenue, which shows how loosely price and fundamentals are coupled. A single individual reportedly controls a majority of supply, the founder has faced a US Securities and Exchange Commission enforcement action, and the chain's main business is settling a stablecoin issued by a company TRON does not control. Past gains, including the roughly 17% year-to-date move, are no guide to future returns. Nothing in this article is a recommendation to buy, sell or hold TRX; anyone considering a position should size it to what they can afford to lose entirely and consider taking independent financial advice.

Summary

On 11 November 2025 TRON trades at about $0.297 with a market value near $28 billion, up around 17% for the year, down about 20% from its August peak and flat for a month. The network is doing more business than ever: record Q3 revenue, nearly three million daily users, and the largest pool of USDT on any chain. The token has stopped responding to that, partly because the August fee cut changed the revenue math and partly because September's supply-concentration report reminded holders who actually owns TRON. The published forecasts that called for $0.32–$0.37 by now have been overtaken. The realistic near-term picture is a range, with a recovery dependent on stablecoin volume growth and a market-wide turn, and with clearly identifiable risks on the downside.