TRON Price Surges Past 13B Transactions as TRX Eyes $0.2952 Channel Breakout
TRON (TRX) is gaining serious traction in the crypto market, quietly outperforming Ethereum in areas that matter to users and developers.
Quick overview
- TRON (TRX) is outperforming Ethereum with over 13 billion lifetime transactions and $21 billion in weekly USDT transfers.
- The platform's low fees and fast confirmation times make it attractive for high-volume transactions and payment-focused applications.
- Recent integrations, like Plume's SkyLink and the Official Trump meme coin, are expanding TRON's DeFi capabilities and cultural relevance.
- TRX is showing bullish technical patterns, with key resistance at $0.2890 and potential targets of $0.2926 and $0.2952.
TRON (TRX) is gaining serious traction in the crypto market, quietly outperforming Ethereum in areas that matter to users and developers. As of this week, TRON has processed over 13 billion lifetime transactions—well ahead of Ethereum—and is handling more than $21 billion in weekly USDT transfers, according to CryptoQuant. That’s over 2.6 times Ethereum’s $8 billion figure.
What is Behind this TRON’s Momentum?
TRON’s low fees and fast confirmation times make it a go-to platform for emerging markets, high-volume transactions, and payment-focused apps.
Alternatively to Ethereum’s network congestion and higher gas fees, TRON’s efficiency appeals to users looking for affordability without sacrificing performance.
This edge has made TRON the dominant chain for stablecoin activity, especially in regions where cost-effective crypto rails are essential. And it’s more than just raw usage. It’s a sign that TRON is positioning itself as a long-term player in blockchain infrastructure.
New Projects Expand TRON’s DeFi Reach
TRON’s expanding utility is also driving its market share. Two high-profile integrations have recently strengthened its ecosystem:
- Plume’s SkyLink: A real-world asset yield platform that tokenizes U.S. Treasuries and private credit directly on TRON.
- Official Trump (TRUMP): A politically themed meme coin built using LayerZero’s omnichain protocol, boosting TRON’s cultural footprint.
These integrations show that TRON isn’t just handling payments—it’s evolving into a decentralized financial network. The SkyLink launch, in particular, brings institutional-grade products onto TRON’s chain, reinforcing its role in tokenized finance. Meanwhile, TRUMP’s launch highlights the growing appeal of politically branded tokens and pop culture in Web3 adoption.
TRX Technical Setup Points to Breakout
TRON is trading around $0.2870, inside an ascending channel on the 4-hour chart. The price structure shows higher highs and higher lows since late June, a textbook bullish trend. The 50-period simple moving average (SMA) at $0.2834 is providing dynamic support, and TRX recently bounced cleanly off the channel midline.
The key resistance to watch is $0.2890, a level tested multiple times with indecisive candle closes. A breakout above this level on strong volume could open the door toward $0.2926 and then $0.2952—a major swing high.
The Relative Strength Index (RSI) is hovering near 60 and trending upward, suggesting buyers still have control without being overextended.
Trade Setup for Beginners:
- Entry: Above $0.2895 after bullish candle close
- Stop: Below $0.2830
- Target 1: $0.2926
- Target 2: $0.2952
If TRX fails to clear $0.2890 convincingly, short-term consolidation between $0.2834 and $0.2890 may follow. Still, as long as it stays above $0.2830 and within the channel, the short-term bias remains bullish.
TRON’s growing ecosystem and strong on-chain data suggest the network is no longer just an Ethereum alternative—it’s becoming a cornerstone in the broader crypto economy.
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
Save