Which Will Hit $1 First?

On Sep 17, 2024

TRON (TRX) and Cardano (ADA), the 11th and 12th largest crypto projects by market cap, are battling to enter the top 10 list. TRX has a larger market cap and is closer to entering the top 10 than ADA.

While TRX and ADA are incredibly popular, investors, traders, and market participants wonder which asset will first breach the $1 mark.

Before speculating which asset will hit $1 first, we should note that TRX has never traded above $1. The asset hit an all-time high of $0.2317 in January 2018, over six years ago. ADA, on the other hand, reached an all-time high of $3.09 in September 2021, about three years ago.

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Judging by experience, ADA has a better chance of hitting the $1 mark first, as it is not something it has not done before.

While Cardano (ADA) is down by nearly 89% from its all-time high, TRX is down by just 35.3% from its peak.

TRON vs. Cardano: Which Will Hit $1 First?

For TRX to hit $1 from current prices, the asset must rally by nearly 567%. According to Changelly, TRX will breach the $1 mark in May 2029, a little less than five years from now.

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For ADA to hit $1 from current prices, it needs to rally by about 203%. Changelly anticipates Cardano (ADA) to breach the $1 mark in January 2027, a little over two years from now.

Telegaon presents a more bullish outlook on TRON (TRX) and Cardano (ADA). The platform predicts TRX will hit the $1 mark sometime in 2026, about two years from now.