TRX Price Prediction: Technical and Fundamental Alignment Points to 30% Rally Potential
TRX Technical Analysis Shows Bullish Signals Amid Market Consolidation
TRX is currently trading at $0.2749, above its 20-day moving average of $0.271145, suggesting a bullish bias. The MACD histogram has turned positive (0.004109), indicating strengthening momentum. Bollinger Bands show price hugging the upper band at $0.277894, typically a sign of continued upward pressure. ’The technical setup favors bulls,’ says BTCC analyst James. ’A sustained break above $0.278 could accelerate gains toward $0.30.’
TRX Fundamentals Strengthen with ETF Buzz and Ecosystem Growth
Tron’s ecosystem is buzzing with institutional interest as Canary Capital files for a TRX ETF with staking features. Founder Justin Sun’s $14.32M TRUMP coin investment and Eric Trump’s $2B Binance-MGX stablecoin deal highlight growing mainstream adoption. ’The ETF filing and high-profile partnerships create perfect fundamental alignment with the technical breakout,’ notes BTCC’s James. Stablecoin dominance with $2B inflows further cements TRX’s utility case.
Canary Capital Files for Tron ETF With Staking Capabilities
Canary Capital has submitted a Form S-1 for the Canary Staked TRX ETF with the Securities and Exchange Commission (SEC). If approved, the fund would stake portions of its holdings in TRX through third-party providers, with BitGo acting as custodian. The fund would track TRX’s spot price using CoinDesk Indices calculations. A proposed ticker and management fee for the product have not been disclosed yet.
Sui Overtakes Chainlink in Market Cap as Price Surges 44%
Sui, the high-performance layer 1 blockchain, has surpassed Chainlink in market capitalization following a 44% price rally over the past week. With a market cap peaking at $10 billion before settling at $9.76 billion, Sui now ranks as the 11th-largest cryptocurrency, trailing TRON and Cardano.
Chainlink’s $9.46 billion valuation was eclipsed amid Sui’s ascent, fueled by heightened network activity. SUI trades at $3 with $2.68 billion in daily volume, marking a 43.58% weekly gain. The surge reflects growing institutional interest in scalable blockchain solutions.
Tron Founder Justin Sun Leads TRUMP Meme Coin Holdings with $14.32M Investment
Justin Sun, the controversial founder of the Tron blockchain, has emerged as the largest known holder of the $TRUMP meme coin with a position worth approximately $14.32 million. The revelation comes as the token’s community prepares for an exclusive dinner event hosted by former President Donald Trump for top holders.
On-chain data traced to an HTX cold wallet believed to belong to Sun shows holdings of 1,176,803 TRUMP tokens as of April 25, 2025. The disclosure triggered a 60% price surge within one hour, though the token has since retraced 0.6% to trade at $12.09.
The development underscores the growing intersection of cryptocurrency and political fundraising, with Sun’s substantial position potentially signaling institutional-grade interest in meme coin assets. Market observers note the TRUMP token’s volatility reflects the speculative nature of politically-themed digital assets during election cycles.
Justin Sun Claims TRX-BTC Correlation, Sparks Market Speculation
Tron founder Justin Sun ignited crypto market chatter with a cryptic tweet suggesting an unexpected correlation between TRX and Bitcoin. The assertion "TRX = BTC" appeared alongside on-chain data implying synchronized price movements—a rarity for altcoins against the dominant cryptocurrency.
Market observers note Sun’s history of market-moving announcements, though the mechanism behind this alleged correlation remains unverified. TRX’s 24-hour trading volume spiked 40% following the tweet, with notable activity on Binance and OKX.
The claim arrives during a period of heightened altcoin volatility, where established tokens like SOL and ETH have shown decoupling from Bitcoin’s price action. Whether this represents a fundamental shift or temporary anomaly remains debated among analysts.
Altcoin Season 2025 Gains Momentum as Bitcoin Stability Fuels Risk Appetite
Cryptocurrency markets are witnessing a pronounced shift toward altcoins as Bitcoin’s consolidation above $94,000 emboldens traders to rotate capital into higher-beta assets. Santiment data reveals a 23.21% weekly surge in Bitcoin-related social volume, with Ethereum, XRP, and meme coins like PEPE capturing secondary attention.
Wrapped TRON and politically themed tokens have emerged as early outperformers, notching 150% gains amid broadening altcoin participation. The market structure echoes classic altseason patterns, where Bitcoin dominance plateaus as liquidity searches for outsized returns elsewhere.
P2P.org Joins TRON as Super Representative Validator
P2P.org, a Web3 staking service provider, has been elected as a TRON Super Representative (SR) validator, marking its entry into TRON’s blockchain ecosystem. The firm will now participate in block production and earn rewards for securing the network.
With over 130 institutional clients, P2P.org’s CEO Alex Esin sees the move as a strategic expansion. "Becoming a TRON Super Representative Validator represents a significant advancement in our validator portfolio," Esin said. The addition of TRON strengthens P2P.org’s presence across more than 40 networks, creating new staking opportunities for institutional partners.
TOKEN2049 Dubai Day 2 Highlights Eric Trump and Crypto Titans
TOKEN2049 Dubai enters its second day with heightened anticipation as Eric Trump, son of former U.S. President Donald Trump and a prominent web3 ambassador, takes center stage. The OKX Main Stage will host a fireside chat featuring Trump alongside Zach Witkoff of World Liberty Financial and Justin Sun, founder of TRON, at 12:40 PM GST.
The event continues to attract industry heavyweights, with Raoul Pal of Real Vision discussing crypto’s untapped potential, Bybit’s Ben Zhou exploring AI wallets, and Bloomberg’s Eric Balchunas dissecting Bitcoin ETF dynamics. Tether CEO Paolo Ardoino will present the stablecoin giant as "a once-in-a-century company," underscoring the conference’s focus on institutional crypto adoption.
Justin Sun, Eric Trump to Reveal Crypto’s Future at TOKEN2049 Dubai Today
TRON founder Justin Sun and Eric Trump are set to headline a pivotal fireside chat at TOKEN2049 Dubai, sparking speculation about crypto’s political and regulatory future. The discussion gains urgency with Trump’s return to the White House and Sun’s ambitions for U.S. expansion.
Market participants are scrutinizing potential implications for blockchain adoption, particularly for TRX and related ecosystems. The intersection of political influence and crypto innovation could signal new institutional entry points or regulatory frameworks.
World Liberty’s Stablecoin USD1 Selected for MGX’s $2B Binance Investment, TRON Integration Announced
Eric Trump revealed at Token2049 in Dubai that World Liberty Financial’s dollar-pegged stablecoin USD1 will facilitate MGX’s $2 billion investment in Binance. The Abu Dhabi-based firm’s stake purchase marks a significant institutional endorsement for the crypto exchange.
The Trump-affiliated financial group also disclosed a partnership with Justin Sun’s TRON network, expanding USD1’s ecosystem reach. Launched in March with BitGo, the stablecoin positions itself as a transparent, regulated alternative in the rapidly growing digital dollar market.
Tron Dominates Stablecoin Activity with $2 Billion Influx and Surging Fees
The TRON network is experiencing unprecedented stablecoin activity, with over $2 billion in USDT and USDC inflows recorded in the past week alone. Tether’s single-day minting of $1 billion USDT on TRON underscores the blockchain’s growing dominance, bringing its total issuance to $71.7 billion—a $12 billion increase since late January.
TRON has now surpassed other major blockchains in transaction fee generation, collecting $11.7 million in fees over the past seven days. This surge follows two consecutive weeks of substantial inflows, including $623 million before April 21 and $1.52 billion the prior week.
The network’s rising prominence in stablecoin transactions highlights its increasing role in the digital asset ecosystem, outpacing competitors in both usage and revenue generation.
Eric Trump Announces $2 Billion Binance-MGX Deal via USD1 Stablecoin at TOKEN2049
Eric Trump, executive vice president of the Trump Organization, revealed at TOKEN2049 in Dubai that Abu Dhabi’s MGX will invest $2 billion into Binance through USD1, a stablecoin issued by World Liberty Financial (WLF). The deal underscores growing institutional interest in crypto infrastructure.
The USD1 stablecoin will integrate with TRON’s ecosystem, with WLF positioning it as a "transparent and regulated" alternative to existing offerings. The announcement was made alongside TRON founder Justin Sun and WLF’s Zach Witkoff, signaling cross-platform collaboration in the stablecoin space.