TRON (TRX) Technical Analysis Signals Potential Surge to $0.40 as Bullish Momentum Builds

TRON (TRX) is demonstrating strong bullish momentum as it approaches a crucial resistance level at $0.35, with technical indicators suggesting a potential breakout that could drive the cryptocurrency toward the $0.40 target within weeks. Currently trading at $0.32, TRX reflects growing investor confidence, supported by the Bollinger Band lower boundary providing solid foundation at $0.30. The technical analysis reveals that TRX has been consolidating in a favorable pattern, with increasing trading volume indicating sustained market interest. Market analysts note that the current price action shows TRX testing key resistance levels multiple times, which typically precedes significant price movements. The Bollinger Band analysis indicates that TRX has found reliable support at the $0.30 level, creating a strong base for upward movement. While analysts maintain varying perspectives on short-term projections, the overall technical picture suggests optimistic prospects for TRX. CoinCodex maintains a conservative outlook, but other technical indicators including RSI and MACD show strengthening bullish signals. The potential breakout above $0.35 would confirm the bullish pattern and could trigger accelerated buying pressure. Market sentiment around TRX remains positive as the cryptocurrency continues to demonstrate resilience amid broader market fluctuations. The $0.40 target represents a significant psychological and technical milestone that, if achieved, could open doors for further gains. Investors are closely monitoring trading volume patterns and market depth to gauge the sustainability of the current momentum. The technical setup suggests that TRX is positioned for a potential substantial move, with the coming weeks being critical for determining whether the cryptocurrency can maintain its upward trajectory and reach the projected targets.

TRX Price Prediction: Technical Analysis Points to Potential Breakout Toward $0.40

TRON (TRX) shows bullish momentum as it approaches a critical resistance level at $0.35. A successful breakout could propel the cryptocurrency toward $0.40 within weeks, according to technical indicators.

Current trading at $0.32 reflects growing investor confidence, with the Bollinger Band lower boundary providing support at $0.30. Analysts diverge on short-term projections—CoinCodex forecasts a conservative $0.3459 by late November, while AltPricer notes consolidation NEAR current levels before the next decisive move.

The $0.38-$0.42 range emerges as a key upside target if buying pressure sustains. Market structure suggests this rally would require maintained volume and broader crypto market stability.

TRON DAO Expands Academic Partnerships with Columbia and Harvard Blockchain Clubs

TRON DAO has forged new collaborations with blockchain organizations at Columbia University and Harvard University, extending its academic network to include two more Ivy League institutions. The initiative, part of TRON Academy, provides funding and resources for student-led blockchain projects at elite universities globally.

The program supports recruitment efforts, educational workshops, and development projects while facilitating student attendance at major industry conferences. tron DAO's existing partnerships include Imperial College London, Yale, Dartmouth, Princeton, MIT, Cornell, and UC Berkeley.

SBI-Owned B2C2 Launches Zero-Fee Stablecoin Swap Platform for Institutions

B2C2, the institutional crypto liquidity provider acquired by SBI, has introduced PENNY, a platform designed to streamline cross-chain stablecoin transfers. The service aims to mitigate operational risks while providing continuous liquidity across major digital assets.

The proliferation of stablecoins and blockchains has complicated liquidity management for banks, payment firms, and exchanges. PENNY addresses this by enabling instant, fee-free swaps between six stablecoins—USDT, USDC, USDG, RLUSD, PYUSD, and AUSD—across Ethereum, Tron, Solana, and Layer-2 networks.

Trades are executed and settled simultaneously on-chain, reducing counterparty and operational risks. The platform operates 24/7 and plans to expand its stablecoin offerings based on market demand.

"Stablecoins have outgrown the crypto trading use case," said Thomas Restout, Group CEO of B2C2. "As traditional financial institutions adopt stablecoin payment rails, PENNY provides critical infrastructure for real-time execution and settlement."