š Tron Price Forecast: Tetherās USDT Dominance Hits $80B on Tron ā Whatās Next?
Tronās ecosystem just hit a jaw-dropping milestoneāTetherās USDT supply on the network has rocketed past $80 billion. Thatās not just a number; itās a seismic shift in stablecoin dominance. Hereās why it matters.
### The Stablecoin King Flexes Its Muscles
USDT isnāt just surviving on Tronāitās thriving. With $80 billion now parked in the network, Tetherās grip on the stablecoin market tightens. Traders are voting with their wallets, and the message is clear: speed and low fees win.
### What This Means for TRX
More USDT means more liquidity, more transactions, andāletās be realāmore speculation. Tronās price could see fireworks if this momentum keeps up. Or, in classic crypto fashion, a rug pull disguised as a ācorrection.ā
### The Cynical Take
Wall Streetās still figuring out ETFs, while Tronās out here moving $80 billion like itās a casual Tuesday. Maybe banks should start taking notesāor just buy the dip.
Tronās stablecoin supply hit a new all-time high
Token Terminal data indicate that Tetherās USDT supply on TRONās blockchain has been steadily rising and reached a milestone of $80 billion on Tuesday, marking a new all-time high and a $20 billion increase since January. Such stablecoin activity and value increase on the TRX project indicate a bullish outlook, as it boosts network usage and can attract more users to the ecosystem, driven by Decentralized Finance (DeFi), meme coins, and payment use cases.
Tron Price Forecast: TRX rebounds after retesting its 100-day EMAĀ
Tron price dipped 2.7% on Sunday and retested its 200-day Exponential Moving Average (EMA) at $0.259, which coincided with the daily support level and recovered 3.49% the next day. At the time of writing on Tuesday, it trades at around $0.272.
If the 200-day EMA at $0.259 continues to hold as support, TRX could extend the recovery toward the next daily resistance at $0.296.
The Relative Strength Index (RSI) reads 49, approaching its neutral level of 50, indicating fading bearish momentum. For the bullish momentum to be sustained, the RSI must MOVE above its neutral level of 50, which will support the recovery ahead.Ā
TRX/USDT daily chart
However, if TRX fails to find support around the 200-day EMA at $0.259 and closes below it, the correction could extend to retest its May 7 low of $0.243.