$ADA $TRX Two cryptocurrencies that could reach a capitalization of $25 billion in March
The total capitalization of the cryptocurrency market has fallen by 6.58% and stands at $2.67 trillion. At the same time, the fear index is at a level of 21, indicating a state of 'extreme fear' among investors. Despite such instability, some altcoins are holding up quite confidently and approaching important capitalization threshold levels.
Thus, Finbold has identified TRON (TRX) and Cardano (ADA) as two cryptocurrencies that have the potential to reach a capitalization of $25 billion in March. This growth is driven by increased institutional interest and active development in the DeFi segment.
TRON (TRX)
At the time of writing, TRX is trading at around $0.2276 with a market capitalization of $19.59 billion. TRON is showing significant growth in network activity, as well as strengthening its dominance in the realm of stablecoin transactions.
To achieve a $25 billion capitalization, TRX needs to increase by another 27.63%, which would raise its price to $0.29.
The main driver of such growth is the activity in the stablecoin sector. Over the past month, the number of active addresses on the TRON network has increased by 57% — from 1.63 million to 2.57 million.
Next week, TRON plans to eliminate fees on USDT transactions.!!!