BTCC / BTCC Square / TRX News /
Tron (TRX) Steadily Advances Toward $0.50 Amid Crypto Market Surge

Tron (TRX) Steadily Advances Toward $0.50 Amid Crypto Market Surge

Author:
TRX News
Published:
2025-05-30 11:37:43
13
1
[TRADE_PLUGIN]TRXUSDT,TRXUSDT[/TRADE_PLUGIN]

As the cryptocurrency market experiences a significant surge, Tron (TRX) and Ruvi AI (RUVI) are competing for investor attention. Tron, a well-established blockchain platform, is making consistent progress toward its $0.50 price target, supported by its low fees and robust dApp ecosystem. While Tron’s growth is steady, it lacks the high-octane appeal that some bull market speculators seek. On the other hand, Ruvi AI (RUVI), a disruptive newcomer, is gaining traction with its ambitious $1 price projection. The platform combines blockchain technology with artificial intelligence, offering a unique value proposition. As of May 30, 2025, both cryptocurrencies are drawing interest, but Tron’s reliability and proven track record continue to attract long-term investors.

Tron (TRX) and Ruvi AI (RUVI) Compete for Investor Attention Amid Crypto Market Surge

Tron (TRX), a stalwart in the blockchain space, is steadily advancing toward its $0.50 price target, bolstered by its reputation for low fees and a robust dApp ecosystem. While its growth is consistent, the project lacks the high-octane potential that bull market speculators crave.

Ruvi AI (RUVI), a disruptive newcomer, is capturing market interest with its $1 price projection. The platform merges blockchain with artificial intelligence, targeting real-world applications in healthcare, logistics, and finance. Its utility-driven model positions it as a contender for outsized gains.

U.S. Sanctions Funnull and Huione-Linked Crypto Wallets Over Pig Butchering Scams

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Funnull Technology, a Philippines-based firm accused of providing infrastructure for cryptocurrency investment scams known as ’pig butchering.’ The company allegedly facilitated over $200 million in victim losses through virtual currency fraud and supplied cybercriminals with IP addresses acquired from mainstream cloud providers.

Two ethereum and Tron wallets linked to Huione Group—recently flagged by FinCEN as a money laundering concern—received more than $4 million in illicit funds, according to blockchain analytics firm Elliptic. The majority of scam websites reported to the FBI trace back to Funnull’s infrastructure.

TRX Faces Bearish Pressure Amid Market Turbulence

Tron’s native token TRX slid from $0.277 to $0.270 in a high-volume selloff, reflecting broader crypto market stresses. The 24-hour trading session saw 156.716 million TRX change hands as geopolitical tensions rattled investor sentiment.

Technical indicators reveal mounting selling pressure, with the token briefly dipping below $0.27 before finding temporary support. The rapid rebound suggests this level may serve as a short-term floor, though sustained high volumes signal continued downward risk.

Market participants appear torn between macroeconomic headwinds and underlying blockchain utility. TRX’s volatility mirrored wider crypto market movements, with the token oscillating between $0.268 and $0.278 during the period.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users