Bitcoin has once again broken the $100,000 mark, and the heat in the entire market continues to spread. However, an overlooked 'old face' — Tron (TRX), has quietly carved out its own independent market trend. Multiple indicators suggest that it may be at a critical point for a new round of explosion.


Recently, on-chain data analyst Carmelo Alemán pointed out in his research on CryptoQuant that the high price correlation between TRX and Bitcoin could be a 'hidden spark' in the coming months. According to historical logic, TRX is not only expected to replicate BTC's trend but may even amplify returns to 300%-400%, becoming a 'dark horse player' in the 2025 bull market.



01｜Under the Market Cap Ceiling: Who is the Next 'Explosive Coin'?


From the perspective of the crypto market structure, Bitcoin has become the 'core asset' controlled by institutions, with a current market cap of $2.17 trillion, making further doubling increasingly difficult.


And what about TRX? Currently, its market cap is only $26 billion, and the potential for price increases is still in the early stages. As analysts point out: 'Large market caps suppress Bitcoin's explosiveness, while small-cap assets like TRX, which are highly correlated with it, may bring even more astonishing returns.'


Mlion.ai's AI research report generator has quantified this logic, and its correlation factor analysis module indicates that the price correlation between TRX and BTC has remained stable above 0.85 (Pearson correlation coefficient) over the past six months, far exceeding the average level of most altcoins (0.4-0.6).


This means that once BTC continues to rise, TRX will 'passively reap dividends' and may even complete a multiple-level increase first.



02｜On-chain Data Explosion: TRX is not speculation, but real growth


TRX's rise is not just 'hitching a ride'. On-chain, it demonstrates rare strength and resilience.


🔹 Price Increase Data Comparison:


  • In the past 30 days: TRX increased by 10.4%, BTC increased by about 6%


  • In the past 12 months: TRX surged by 146.4%, far exceeding BTC's 60% increase


  • Current price is $0.2768, down 35% from the historical high of $0.4313


🔹 Network Level:


  • The circulation of USDT on the Tron chain has surpassed that on Ethereum, demonstrating its large-scale application in cross-border stablecoin settlement scenarios.


  • Adoption rates in the Asian market are rapidly increasing, especially in emerging economies in the Middle East and Southeast Asia, where many DeFi platforms have defaulted to supporting the Tron ecosystem.



Mlion.ai's on-chain address analysis tool also indicates that the number of active TRX addresses has reached a six-month high, with the growth rate of new wallets ranking in the top three among mainstream coins, showing a significant increase in user stickiness.



03｜Remarkable Risk-Return Ratio, Leading Sharpe Ratio Across the Network


According to data provided by CryptoQuant, TRX has consistently performed well across multiple risk indicators:


  • 180-day Sharpe ratio between 0.1 and 0.15, indicating risk-adjusted returns outperform most crypto assets


  • Standardized risk indicators are close to 0.5, maintaining a stable range, with no obvious signs of market bubble.



More importantly, almost all TRX holders are currently in profit, which is extremely rare in on-chain data. Mlion.ai's sentiment radar function has also captured public opinion signals indicating that discussions about TRX on social platforms have quietly increased, and FOMO emotions are fermenting.



04｜Critical Moment: Is 2025 the 'Explosion Window' for TRX?


Considering the macro trend of BTC, the end of 2024 to 2025 may be a new acceleration period for the crypto market, especially after institutional ETF funds officially flow in on a large scale, the asset logic of 'main chain + stable applications' may be recognized by the market first.


TRX not only has a high correlation with BTC in price movements but also provides a more lightweight, scalable, and stable infrastructure capability:


  • Extremely low transaction fees, fast transfers


  • High proportion of on-chain stablecoins


  • Strong Asian user base supporting trading demand



Combining Mlion.ai's trend strategy chart prediction model, if BTC continues to rise, TRX may break the $0.9 mark by mid-2025 and even challenge the $1 mark. The current price is still below $0.3, which is a typical model case of 'value gap'.



Summary


While many people are only focused on Bitcoin, Ethereum, and meme hotspots, TRX is quietly accumulating energy on a 'value track' that few people are paying attention to. Its strong fundamentals, market correlation, and steadily growing on-chain data collectively outline an increasingly clear expectation of an explosion.


Facing such potential opportunities, if you don't want to be controlled by FOMO emotions, you can use Mlion.ai's 'Price Prediction' + 'AI Chart Strategy' + 'Risk Assessment Module' to set early warning lines and buy/sell points, allowing you to master the rhythm and no longer blindly chase prices.


The future has arrived; is TRX the next '4x reality version'? The market has already begun to give answers.


#TRX

Disclaimer: The above content is for informational sharing only and does not constitute any investment advice!