TRON (TRX) Hits All-Time High Above $0.24 as XRP Hype Continues

TRON (TRX) has hit a new all-time high as the price peaked at $0.24, and the token appears to have captured the hype from XRP. The L1 token has been gradually rising in 2024 before its massive surge.

TRON (TRX) has broken its all-time record, which was set during its early all-time high in 2017. TRX is trading near $0.24, breaking its previous record above $0.22. In the past, TRX has been seen as a potential candidate to rise above $0.50 or even $1.

TRX has been gradually rising in value in 2024, rewarding patient investors after years of trading below $0.10. The asset has been in a slump for months, despite claims of high activity on its chain. TRX has been hovering sideways, similar to other assets such as XRP, Cardano (ADA), and IOTA (IOTA).