Tron (TRX) Shows Resilience with Reduced Bitcoin Correlation and Improved Stability
Tron’s TRX has defied broader market trends by maintaining a stable price above $0.26 for 14 consecutive days, showcasing unusual resilience amidst volatility. The cryptocurrency’s Value at Risk (VaR) metric, which measures potential losses at a 95% confidence level, has dropped significantly, indicating enhanced stability during its recovery phase. Additionally, TRX’s daily rolling Beta against Bitcoin has declined, signaling a decoupling from the dominant cryptocurrency. As of now, TRX is trading at 0.26730000 USDT, reflecting its strong performance and reduced risk profile. This development highlights TRX’s growing independence and potential for sustained growth in the crypto market.
TRX Defies Market Trends With Reduced Bitcoin Correlation and Risk Metrics
Tron’s TRX has demonstrated unusual resilience, maintaining a stable price above $0.26 for 14 consecutive days despite broader market volatility. The asset’s Value at Risk metric—measuring potential losses at a 95% confidence level—has dropped sharply, signaling improved stability during its price recovery phase.
Notably, TRX’s daily rolling Beta against bitcoin has declined, indicating decoupling from the dominant cryptocurrency’s price movements. This reduced correlation suggests Tron is developing independent value drivers, a characteristic typically associated with maturing assets in traditional finance.
The network has simultaneously attracted $2.12 billion in stablecoin inflows over seven days, while ethereum experienced $2.44 billion in outflows during the same period. This combination of price appreciation, risk reduction, and market independence positions TRX as an increasingly distinctive asset in the digital currency landscape.
Tron Flips Cardano to Enter Top 9 Cryptocurrencies by Market Cap
Tron (TRX) has surged past Cardano (ADA) to claim the ninth spot in cryptocurrency market rankings, with its capitalization climbing from $24 billion to $25.79 billion. The network’s resilience during broader market volatility and its dominance in USDT and stablecoin transfers have fueled this ascent.
A pivotal shift occurred as Tron surpassed Ethereum in stablecoin transaction volume, signaling a liquidity migration that bolstered investor confidence. The TRX price rose 9.6% weekly amid speculation around a staked ETF proposal from Canary Capital, though regulatory approval remains pending.
Despite trading at $0.27—well below its $0.4407 peak—the breach of key resistance levels suggests growing momentum. Market observers attribute the rally to institutional interest in crypto ETFs, with May 2025 poised as a potential inflection point for the sector.
BitoPro Confirms $11.5M Exploit After ZachXBT Alert
Taiwan-based cryptocurrency exchange BitoPro admitted to an $11.5 million security breach weeks after blockchain investigator ZachXBT first raised alarms. The exploit occurred during a wallet system upgrade, with attackers draining hot wallets across Tron, Ethereum, Solana, and Polygon networks.
ZachXBT’s June 2 disclosure revealed suspicious outflows dating back to May 8, with stolen assets funneled through decentralized exchanges and privacy tools. The exchange initially cited ’system maintenance’ before acknowledging the incident publicly. Funds were allegedly laundered through Tornado Cash and THORChain before being deposited into Wasabi wallet.
BitoPro claims to have secured remaining assets by migrating them to new wallets and blocking the attacker’s access. The delayed disclosure highlights ongoing challenges in crypto exchange transparency during security incidents.
