Justin Sun Predicts New All-Time Highs For Tron Coin Marketcap

While Suns statement suggests that he was highly optimistic about the network and its native coin TRX, he did not go into the details behind the bullish prediction.

Tron Coin Price Action Recap

But what if Justin Sun‘s bullish prediction turns out to be true？ Here’s what that could mean for Tron.

TRXs recovery rally saw it push to the upside by over 12% last week as Trump pumped the brakes on tariff wars.

Nevertheless, TRX was still at a considerable discount by roughly 44% from its all-time high achieved in December last year.

The coin had a $0.247 press time price tag, which means it would take at least an 82.21% gain for it to push to a new ATH.

TRX has notably held on quite well during the bearish conditions over the last 3 months.

It experienced limited drawdown compared to its top rivals including Bitcoin, hence showing off holder strength.

Suns X post also suggested that the network anticipates robust stablecoin growth in Q2.

Interestingly, Trons stablecoin marketcap has been rallying for months, and even managed to push to a new historic high of $68.29 billion in the last 24 hours at press time.

Trons TVL has on the other hand been struggling to grow after its huge drawdown since December.

For context, the TVL figure almost clocked $15 billion in December and has since pulled back to $4.98 billion at the time of observation.

Stablecoins play a vital role in the Tron network which has established itself as one of the most efficient and affordable network for processing stablecoin transactions.

Speaking of, Tron transactions also maintained an overall gain in the last 12 months. This means the network continues to derive robust gains from stablecoin transactions.

Trons chain fees have been on an overall uptrend as a consequence of this strategic focus.

Daily chain fees barely managed to push as high as $1 million in 2021 and 2022. However, aggressive growth since then ensured that the network have been comfortably raking in over $1 million in daily fees and even more than $2 million in some cases.

Whales Have Been Accumulating

There has been aggressive adding of TRX to their balances in the last 2 years by the whales.

They had 20 billion TRX as of 11 April, 2022, which was equivalent to 19.81% of the total supply.

Fast forward to 11 April 2025, and whale holdings were up to 60.79 billion TRX which was equivalent to 71.47% of the supply.

TRX historical concentration/ source: IntoTheBlock

Interestingly, retail and investor balances did the opposite during the same period. Investors had 30.34 billion TRX (30.05%) and retail had 50.61 billion TRX (50.14%) as of 11 April 2022.

Their balances were down to 5.71 billion TRX (6.71%) for investors while retail was down to 18.56 billion TRX (21.82%) as of 11 April, 2025.

In other words, historical data shows that whales have been scooping up TRX especially during periods when retail and investor classes were selling.