TRON’s USDT Supply Hits All-Time High—So Why Is TRX Stuck Below $0.27?

Tether’s USDT floodgates are wide open on TRON—supply just smashed records. Yet TRX price action? Still trading like it’s stuck in 2023.

The Stablecoin Surge Paradox

More USDT should mean more network activity, more demand for TRX gas fees... right? Tell that to the chart. TRX barely flinched while whales moved billions in stablecoins.

Blame the ’Paper Hands’

Retail traders keep dumping at resistance levels—classic crypto behavior. Meanwhile, institutions treat TRON as a high-speed USDT highway while parking real bets elsewhere. Thanks for the infrastructure, Justin Sun.

Wake us up when TRX breaks $0.27. Or when Wall Street ’discovers’ blockchain again—whichever comes first.

Exchange activity remains cautious as profitable holders eye…

While fundamental growth has been notable, exchange flows offer a neutral-to-cautious outlook. At the time of writing, TRX saw $24.69 million in inflows against $18.44 million in outflows, suggesting mild sell-side pressure.

For a sustained rally to occur, consistent net outflows would need to signal investor accumulation away from exchanges. So far, that trend has not taken hold. 

Source: Coinglass

Besides, IntoTheBlock  data shows that 81.25% of TRX holders remain “in the money,” while only 12.23% are underwater. This high profitability level can be a double-edged sword. On one hand, it reflects strong historical buying levels and reduces panic selling. 

On the other hand, it increases the likelihood of profit-taking if the price rallies toward the upper resistance NEAR $0.27.

Therefore, while investor positioning looks healthy, it may paradoxically suppress upside momentum as traders rush to secure gains.

Retail growth and fragile sentiment reveal…

Retail activity has surged, with transactions between $0 and $1 increasing by over 10%. Meanwhile, large transactions in the $1 million to $10 million range have jumped 568%, indicating significant high-value movement.

However, mid-tier transaction activity—ranging from $100 to $10,000—has declined, signaling weakness in this investor segment.

This uneven distribution suggests strong retail interest and isolated whale accumulation, but limited engagement across different investor tiers, which could restrict Tron’s price expansion.

Source: IntoTheBlock

Social metrics indicate that sentiment remains fragile. As of press time, Weighted Sentiment stood at -0.79 despite high positive mention volume (7.6), as negative sentiment (7.77) slightly outweighed it. 

This imbalance reflects a cautious tone among market participants. Without a strong shift toward consistent positive sentiment, any short-term rallies are likely to face skepticism.

TRX price remains trapped inside a sideways range 

TRX continues to consolidate inside a well-defined range between $0.2109 and $0.2734, with price action remaining largely directionless since February.

At the time of writing, TRX traded at $0.2481, down 0.30% in the last 24 hours, hovering just below the range high.

The Short-Term Moving Averages (9/21) have aligned tightly around the current price, offering no clear directional edge. However, the Parabolic SAR now positions above the price, flashing a potential reversal or continued consolidation signal.

Therefore, unless buyers drive a close above $0.2734 with volume, this indecision could persist, delaying any significant breakout attempt.

Source: TradingView

Conclusively, while Tron’s fundamentals are rapidly improving, with rising long-term holding, surging USDT activity, and strong profitability among holders, TRX remains stuck in a consolidation phase. 

Mixed exchange flows, declining mid-tier volumes, and cautious sentiment suggest that a breakout is not yet imminent.

For TRX to climb meaningfully, it must overcome resistance at $0.273 with stronger accumulation and broader market conviction.