TRON (TRX) Demonstrates Resilience Amid High Trading Activity
TRON (TRX) has shown remarkable stability, maintaining its price at $0.2480 despite a substantial trading volume of $157 million. This indicates strong trader interest without significant price fluctuations. The market sentiment appears balanced, though technical indicators present a mixed outlook. The 38.2% Fibonacci retracement level suggests potential upside, while the $0.2400 mark serves as critical support in case of increased bearish pressure. TradingView data confirms TRX’s stability, with its Relative Strength Index (RSI) hovering at neutral levels. As of May 4, 2025, TRON continues to attract attention in the cryptocurrency market, showcasing its resilience and potential for future growth.
TRON (TRX) Shows Stability Amid High Trading Volume
TRON (TRX) remains steady at $0.2480 despite $157 million in trading volume, signaling robust trader interest without significant price movement. Market sentiment appears balanced, though technical indicators present a mixed outlook.
The 38.2% Fibonacci retracement level suggests potential upside, while $0.2400 serves as critical support if bearish pressure intensifies. TradingView data confirms TRX’s stability, with its RSI hovering at 14—a level typically indicating oversold conditions.
TRON DAO’s X Account Compromised in Sophisticated Social Engineering Attack
TRON DAO’s verified X account fell victim to a coordinated social engineering attack on May 2, 2025. The breach occurred at 9:25 AM PST, with hackers gaining control to disseminate malicious content including phishing links and fraudulent offers.
Unlike technical exploits, this intrusion relied entirely on human manipulation tactics. The attackers posted a suspicious contract address, sent unauthorized DMs, and followed unknown accounts during the compromise window.
Law enforcement agencies and major cryptocurrency platforms have joined TRON DAO’s investigation. The incident highlights growing security challenges facing blockchain organizations beyond technical vulnerabilities.
Is Tron Coin Slowing Down? Sharp Dip In DEX Volume Raises Concern
Tron (TRX) shows signs of stagnation, with its price confined to a narrow range over the past four weeks. A mere 3.18% gain in May underscores its underperformance compared to peers.
Weak demand and persistent sell pressure have kept TRX hovering around $0.24 for two weeks. The lackluster movement suggests dwindling investor interest—an unexpected trend for a project once celebrated for its high-throughput blockchain.
