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šŸš€ Crypto Tron (TRX) Enters ā€˜Banana Zoneā€™ Exploding 70% to All-Time High

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Altcoins are leading the charge today as total crypto capitalization peaks at $3.68 trillion while Bitcoin remains range-bound.

The top-performing digital asset over the past 24 hours is Tron (TRX), which has skyrocketed a monumental 70% to hit an all-time high of $0.431 during early trading on Wednesday in Asia.

This has pushed TRXā€™s market capitalization over $30 billion as the asset vies for a top ten position.

Tron in Banana Zone​


Moreover, TRX prices have more than doubled over the past week, climbing from below $0.20 to current levels. The asset had started to retreat at the time of writing and was trading at $0.374, according to CoinGecko.

ā€œThe breakout by Tron (TRX) offers a serious glimmer of optimism to the rest of the market,ā€ commented ā€˜Blockchain Backerā€™ to their 306,000 X followers on Dec. 4.

ā€œIt was one of the majority of coins unable to set a new all-time high in 2021. But capable of surpassing 2021 and 2018 with this move. If that doesnā€™t get you excited, it should.ā€

Until today, TRXā€™s previous ATH was $0.231, hit almost seven years ago in January 2018.

The breakout by Tron (TRX) offers a serious glimmer of optimism to the rest of the market.

It was one of the majority of coins unable to set a new all-time high in 2021. But, capable of surpassing 2021 and 2018 with this move. If that doesnā€™t get you excited, it should. pic.twitter.com/GZFcqhmbOm

ā€” Blockchain Backer (@BCBacker) December 4, 2024


ā€œI thought this would reach a new ATH in 2025,ā€ added ā€˜Kingpin Cryptoā€™ before stating, ā€œJustin Sun absolutely crushed it this year.ā€

The Tron founder commented that six years later, the network was still here and still building.

6 years later.
Still here.
Still #BUIDLing.

Things have changed, but one thing hasnā€™t: #TRON remains a top 10 contender. https://t.co/0xgGmVtpvK

ā€” H.E. Justin Sun (@justinsuntron) December 3, 2024


Justin Sun has been splashing the cash recently, announcing that he had become the largest investor in Donald Trumpā€™s World Liberty Financial crypto project after investing $30 million in WLFI tokens on Nov. 25.

He also spent $6.2 million on a piece of art comprising of a banana taped to a wall on Nov. 21.

Binance Coin ATH​


Tron is the only token to hit an all-time high today as Binance Coin (BNB) has surged more than 20% to a record high of $771.60 during early trading in Asia on Dec. 4. The company celebrated the milestone with a post on X.

BNB reached over $770, hitting a new ATH! pic.twitter.com/ZyjnAKtdmx

ā€” Binance (@binance) December 4, 2024


BNB prices dipped hard in June 2022 following the SEC lawsuit against the company.

Other double-digit movers today include crypto stalwarts IOTA and EOS, surging 40% and 30% respectively. However, they both remain massively down from their all-time highs.

The post Tron (TRX) Enters ā€˜Banana Zoneā€™ Exploding 70% to All-Time High appeared first on CryptoPotato.
 

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