Tron (TRX) Bulls Charge Ahead: $0.30 Breakout in Sight as AI Project Ruvi Fuels Optimism

Tron (TRX) continues its upward trajectory with a 5% weekly gain, trading at $0.27 amid surging blockchain activity. With the network processing over $1 billion in daily transactions and technical analysts predicting a $0.30 breakout by mid-2025, the bullish momentum shows no signs of slowing. Adding to the excitement, decentralized AI project Ruvi (RUVI) is capturing investor attention with claims of 100x potential and lucrative early-bird bonuses.

TRX Gains 5% as AI Project Ruvi Touts 100x Potential

Tron (TRX) extended its bullish momentum with a 5% weekly gain, trading at $0.27 amid robust blockchain activity. The network now processes over $1 billion in daily transactions, with technical analysts eyeing a $0.30 breakout by mid-2025.

Meanwhile, decentralized AI project Ruvi (RUVI) claims transformative potential, offering early investors a 100% bonus. Promotional materials suggest a hypothetical $2,000 investment could yield $960,000 - though such projections remain unverified. The project aims to merge blockchain with AI capabilities through a multifunctional superapp.

Dogecoin and Shiba Inu Show Signs of Potential Breakout Amid Altcoin Market Revival

Dogecoin (DOGE) and shiba inu (SHIB) are capturing trader attention as the altcoin market stirs in May. DOGE’s network activity has surged by 990% in a week, with price forecasts suggesting a potential rally to $0.305-$0.443 this month and $1.00 by year-end. SHIB, meanwhile, is riding a burn rate spike and ecosystem expansion.

Trump Coin, chainlink (LINK), and TRON (TRX) are also gaining traction, while newcomer MAGACOIN FINANCE emerges as a dark horse with explosive growth potential. Market participants are watching these developments closely as meme coins and altcoins show renewed momentum.

TRON Coin Breakout: Whale Activity Surges Following Golden Cross Formation

TRON (TRX) has staged a notable technical recovery since its May 5 golden cross formation, with the 50-day moving average crossing bullishly above the 100-day SMA. The cryptocurrency now trades at $0.27, marking an 11% ascent from the crossover point.

The January death cross had previously driven TRX from $0.24 to $0.21, making the current rebound particularly significant. Market technicians are now watching the convergence of the 100-day and 200-day SMAs NEAR $0.23 as critical support.

Whale accumulation patterns suggest institutional interest is returning to the asset. Should TRX maintain its position above the 50-day SMA, traders anticipate further upside potential in the coming weeks.