TRON Confronts Critical Resistance - $0.50 Breakout Target in Sight
TRON bulls are charging against formidable resistance walls as the cryptocurrency eyes a potential breakout toward the $0.50 milestone.
Market Momentum Builds
Buying pressure continues mounting beneath current levels, creating coiled-spring energy that could propel TRON through key technical barriers. The $0.50 target represents not just psychological resistance but a gateway to significantly higher valuation territory.
Technical Positioning
Chart patterns suggest accumulation at lower levels while whales maintain positions rather than distributing—typically a bullish consolidation signal before major moves. Volume profiles indicate strengthening support that could fuel the anticipated breakout.
Of course, in crypto, 'key resistance' just means 'expensive area where previous buyers panic-sold'—but this time might be different. Maybe.
TRON Network Activity and Potential Breakout
CryptoOnchain noted that TRON’s network activity is at record levels, with daily active addresses (DAA) surpassing 2.6 million, the highest figure in its history.
This surge in user activity reflects strong underlying demand for the network, even while TRX’s price has struggled to break higher. Historically, such growth in addresses has acted as a fundamental driver for price strength, signaling that demand for TRON’s blockchain services remains resilient.
The analyst highlighted that TRX sits just below its historical resistance. If the token were to close above its all-time high and sustain that level, the breakout target could range between $0.48 and $0.52, aligning with TRON’s On-Chain Value Bands metric.
However, CryptoOnchain cautioned that this scenario depends heavily on TRON maintaining its active address momentum. A decline in DAA could undermine the bullish setup, exposing TRX to downside risk.
The outlook also ties into broader market conditions. The CryptoQuant analyst believes that a potential altseason, a period of significant gains across altcoins, could provide the momentum needed for TRX to achieve a breakout. In this context, continued high network demand and user activity WOULD support further price appreciation.
Whale Activity and Stablecoin Dynamics
In a separate analysis, CryptoQuant contributor Amr Taha examined stablecoin flows on the tron network, particularly the activity of large wallets.
Data showed that in the past 24 hours, wallets holding over $100 million in USDT dominated TRON’s transaction volume, coinciding with Bitcoin regaining momentum above the $110,000 level.
This concentration of large transfers is significant because it often precedes shifts in broader crypto market sentiment. A notable example occurred on August 12, when $100M+ wallets moved approximately $3.9 billion in USDT across the TRON network.
That wave of transfers directly coincided with a 5% rally in Bitcoin, highlighting the role of stablecoin liquidity in driving market cycles.
Taha added that the distribution of daily USDT wallet changes reinforces this trend. Wallets with balances above $100M accounted for nearly 35–36% of total daily activity, a level nearly identical to August’s inflows.
Such concentrated whale activity suggests that stablecoin flows on TRON remain a leading indicator for market positioning and potential capital rotations into risk assets like TRX and Bitcoin.
Featured image created with DALL-E, Chart from TradingView