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TRX Price Prediction: Is Now the Time to Invest?

TRX Price Prediction: Is Now the Time to Invest?

Author:
TRX News
Published:
2025-06-01 00:03:22
15
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[TRADE_PLUGIN]TRXUSDT,TRXUSDT[/TRADE_PLUGIN]

TRX Price Prediction

TRX Technical Analysis: Key Indicators to Watch

According to BTCC financial analyst Olivia, TRX is currently trading at 0.26650000 USDT, slightly below its 20-day moving average (MA) of 0.271245. The MACD indicator shows a bullish crossover with a value of 0.004040, suggesting potential upward momentum. Bollinger Bands indicate the price is NEAR the lower band (0.264860), which could signal a buying opportunity if support holds.

TRXUSDT

TRX Market Sentiment: Mixed Reactions Amid Major Announcements

BTCC financial analyst Olivia notes that TRX’s market sentiment is mixed. Positive developments include Eric Trump’s endorsement of crypto at Token2049 Dubai and the integration of a USD1 stablecoin with TRON. However, challenges like Hyperliquid surpassing TRON in fee generation and the ongoing X hack investigation may weigh on investor confidence.

Factors Influencing TRX’s Price

Eric Trump Criticizes Traditional Finance, Endorses Crypto at Token2049 Dubai

Eric Trump, executive vice president of the Trump Organization, launched a scathing critique of the global financial system during a Token2049 panel in Dubai, labeling SWIFT as "broken" and rigged in favor of elites. His remarks, delivered alongside Tron founder Justin Sun and World Liberty Financial’s Zach Witkoff, highlighted crypto as an alternative to what he called an outdated and weaponized system.

"The current system works for the top 0.1% but fails everyone else," Trump asserted, citing personal experiences with financial retaliation after his family entered politics. The panel discussion at the crypto-focused conference underscored growing institutional frustration with traditional banking infrastructure.

Trump’s World Liberty Financial Reveals USD1 Stablecoin Integration with TRON at Token 2049

Eric Trump unveiled strategic moves for World Liberty Financial during Token 2049, headlined by the integration of its USD1 stablecoin with the TRON blockchain. The dollar-pegged asset, backed by short-term US Treasuries, aims to reinforce dollar dominance in digital finance.

The partnership follows a $30 million investment from TRON founder Justin Sun, now the project’s largest investor. Sun’s advisory role signals deepening ties between institutional crypto players and politically-linked ventures.

Eric Trump Announces World Liberty Stablecoin as Official Currency for MGX’s $2B Binance Investment

Eric Trump revealed at Token2049 in Dubai that World Liberty Financial’s dollar-backed stablecoin (USD1) will facilitate MGX’s $2 billion investment in Binance. The deal marks a significant step in institutional crypto adoption, with USD1 also integrating into the TRON network under Justin Sun’s leadership.

Zach Witkoff, Co-founder of World Liberty Financial, hinted at upcoming DeFi partnerships, positioning USD1 to dominate both decentralized and centralized finance ecosystems. The team is aggressively pursuing retail POS integrations to bridge crypto and traditional commerce.

Hyperliquid Surpasses TRON in Fee Generation Amid Market Breakout

Hyperliquid [HYPE] has flipped the $19.2 resistance level into support after 11 days of consolidation, despite showing bearish momentum divergence. The token’s rally follows a retest of $17.34, with traders now eyeing the $22 price target.

On-chain activity reveals Hyperliquid generated $2 million in fees on April 26th, outpacing TRON’s $1.9 million. Retail traders continue to show bullish sentiment as HYPE establishes new support levels, setting the stage for potential upside.

TOKEN2049 Dubai Concludes with Major Web3 Announcements and Stablecoin Integration

TOKEN2049 Dubai wrapped up with significant momentum as over 15,000 attendees gathered at Madinat Jumeirah, highlighting the growing ambition of the global Web3 community. The event’s final day delivered high-impact reveals and bullish sentiment, setting the stage for ripple effects across the blockchain industry.

A key announcement came from World Liberty Financial (WLF), which unveiled the native integration of its USD1 stablecoin on the TRON network. Zach Witkoff, WLF’s Executive VP and Co-Founder, confirmed the minting process would commence with an initial volume in the hundreds of millions, positioning USD1 as a standout stablecoin contender.

Dogecoin Vs. TRON: Race to $1 Amid Market Resurgence

Dogecoin (DOGE) and TRON (TRX) have rebounded sharply from recent corrections, fueled by a broader crypto market recovery. DOGE posted gains of 1.6% daily and 40.6% since May, while TRX surged 101% over the same period, outpacing its meme coin rival.

Bitcoin’s reclaim of $96,000 has lifted the total crypto market cap to $3.12 trillion, with institutional inflows driving momentum. Both altcoins now face critical tests as traders speculate which might breach the psychological $1 threshold first.

Tron (TRX) Crosses 10 Billion Transactions Amid Price Struggles

Tron’s TRX has surpassed 10 billion transactions, yet its price action remains subdued. The altcoin, trading at $0.2455, reflects a 1.48% decline over the past 24 hours, despite a historical growth of 22,420.64% since inception. Market observers question whether May 2025 will catalyze a breakout toward the elusive $1 mark.

Bitcoin and Ethereum continue to dominate the crypto landscape, while TRX struggles to gain comparable traction. Justin Sun’s blockchain platform demonstrates robust network activity but lacks commensurate valuation momentum. The disparity between transactional volume and price performance underscores the altcoin’s complex market dynamics.

TRON Hits $10B Transaction Milestone as TRX Traders Remain Divided on Future Price Action

The TRON network has surged past a $10 billion daily transaction threshold, marking a significant achievement for the blockchain. Despite this milestone, TRX traders appear split on the altcoin’s near-term trajectory as price action remains in consolidation.

TRX currently trades with less than 1% daily volatility, maintaining a weeks-long pattern despite a modest 3% weekly gain. Market metrics now suggest an impending breakout, with $0.32 emerging as a key resistance level that could determine the next major move.

The network’s growth contrasts with TRX’s subdued price performance, creating tension between on-chain fundamentals and market sentiment. Technical analysts note that overcoming current resistance could trigger the first meaningful trend change in months.

TRON Reaches Massive Milestone: Is TRX’s Price Primed to Rocket?

TRON’s network has achieved a significant milestone, driven by its fast transaction speeds and low costs. The platform now hosts nearly $72 billion worth of USDT, closely trailing Ethereum’s $74.5 billion. This growth underscores TRON’s rising prominence in the stablecoin market.

Despite this achievement, TRX’s price remains range-bound, caught between major buy and sell walls. Market participants are watching for signs of a breakout, but direction remains unclear.

The narrowing gap between TRON and Ethereum in USDT circulation highlights TRON’s accelerating adoption. Solana, Ton, and Avalanche lag far behind, with approximately $2 billion each.

TRON DAO Investigates X Hack Amid Record Network Revenue

TRON DAO has launched an investigation into a security breach on its X account, which occurred despite the network achieving record-high revenue. Hackers posted a contract address and sent unsolicited direct messages to users on May 2, prompting the team to warn against engaging with such communications.

The breach stemmed from a social engineering attack targeting a team member, enabling the attackers to maintain contact with users even after the account was reclaimed. TRON DAO emphasized it never solicits payments or shares contract addresses via DMs.

As the probe continues, the incident highlights persistent security challenges in blockchain ecosystems, juxtaposed against TRON’s financial performance.

OKX CEO Defends Exchange Amid Justin Sun Freeze Dispute

OKX CEO Star Xu has publicly addressed allegations from TRON founder Justin Sun, who accused the exchange of failing to act on a law enforcement request to freeze stolen funds tied to a hack of Tron’s official X account. Sun claimed OKX ignored a formal freeze notice following the May 3 breach, which saw Tron’s X account compromised by an attacker posting malicious smart contract addresses and engaging with suspicious accounts.

In a since-deleted post, Sun asserted that OKX’s compliance team remained unresponsive despite official outreach, forcing him to escalate the matter publicly. "These stolen funds do not belong to me; I’m acting to protect the community," Sun stated. Xu dismissed the allegations without detailed rebuttal, leaving the crypto community awaiting further clarity on the exchange’s compliance protocols.

Is TRX a good investment?

Based on the technical and news analysis, TRX presents both opportunities and risks. Here’s a summary:

FactorDetails
Technical IndicatorsBullish MACD crossover, price near lower Bollinger Band
Positive NewsStablecoin integration, high-profile endorsements
Negative NewsFee competition, security concerns

Olivia suggests monitoring key support levels and news developments closely before making an investment decision.

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