TRX Price Prediction: Can TRX Hit $1 Amid Bullish Momentum?

#TRX

• TRX is trading above its 20-day MA, indicating bullish momentum.
• Tether's $1 billion USDT minting on Tron could drive demand for TRX.
• Technical resistance at $0.2881 may cap short-term gains, but $0.60 is a viable medium-term target.

TRX Price Prediction

TRX Technical Analysis: Bullish Signals Emerge

According to BTCC financial analyst John, TRX is currently trading at $0.286, above its 20-day moving average of $0.2753, indicating a bullish trend. The MACD shows a slight bearish crossover, but the Bollinger Bands suggest potential upward movement as the price nears the upper band at $0.2881. John notes that if TRX maintains above the middle band, it could test resistance at $0.29.

TRX Market Sentiment: Positive Catalysts Ahead

BTCC financial analyst John highlights several bullish factors for TRX, including Tether minting $1 billion USDT on Tron, signaling increased demand. TRX's 1.25% gain amid market volatility and new USDT adoption records on the TRON network further support a positive outlook. John also mentions the potential for TRX to reach $0.60, driven by ETF filing rumors and growing stablecoin adoption.

Factors Influencing TRX’s Price

BlockDAG's NBA Collaboration Positions It as a Top Crypto to Watch in 2025

Blockchain technology is increasingly intersecting with mainstream industries, and investors are taking note. The next wave of crypto growth may emerge from cultural touchstones like sports, fashion, and entertainment—far beyond the confines of crypto Twitter. BlockDAG stands out with its recent teaser hinting at an NBA collaboration, signaling ambitions that transcend traditional blockchain circles.

The NBA's influence extends into music, fashion, and global pop culture, making this move more than a marketing ploy. It’s a strategic alignment with ecosystems where cultural clout rivals technological innovation. BlockDAG has already raised over $290 million in its presale, underscoring its market momentum.

Other tokens like TRX, DOGE, and KAS are also carving niches in the digital economy, but BlockDAG’s cross-industry approach sets it apart. The project’s presale dominance and community hype suggest it’s not just another crypto—it’s a contender for broader cultural relevance.

Analysts Flag Ruvi AI as Successor to Tron’s Utility-Driven Growth

Tron’s recent $0.05 uptick underscores its steady maturation as a decentralized content and smart contract platform. While incremental gains appeal to long-term holders, the market’s spotlight now pivots to Ruvi AI—an emerging project touted for its presale traction and real-world utility potential.

Ruvi AI has galvanized investor interest with $1.6 million raised and 140 million tokens sold during its presale. Its roadmap emphasizes immediate applicability, positioning it as a high-growth counterpart to Tron’s measured ascent. The project’s momentum suggests it could eclipse established players in delivering utility-driven returns.

Tether Mints $1 Billion USDT on Tron in Anticipation of Rising Demand

Tether has minted $1 billion USDT on the TRON blockchain, signaling potential liquidity influx into the crypto markets. This issuance represents over 1% of Tron's total USDT supply, which currently stands at $76 billion. Ethereum follows with $63.2 billion in USDT holdings.

Market participants interpret such moves as bullish indicators. Historical patterns show USDT minting often precedes crypto market rallies. The stablecoin issuer last executed a major mint on May 21, when Bitcoin subsequently reached its all-time high of $111,000.

Tether maintains its position as the dominant stablecoin provider with $156 billion in total circulating supply. The company continues operating as a private entity, recently dismissing speculation about pursuing an initial public offering.

TRX Outperforms Market with 1.25% Gain Amid Volatility

TRX surged 1.25% as it established a higher trading range between $0.269 and $0.273, backed by strong volume support. The cryptocurrency demonstrated notable resilience while broader markets grappled with volatility stemming from global trade tensions.

A significant volume spike exceeding 120 million units between 09:00-11:00 UTC coincided with TRX's rally from $0.270. The stability suggests growing institutional interest in blockchain networks with proven utility and robust transaction activity.

TRON Network Sets New Records for USDT Adoption Amid Stablecoin Growth

TRON Network has solidified its position as the leading blockchain for USDT transactions, achieving all-time highs in transfer volume, count, and circulating supply. With $77.7 billion in outstanding USDT supply and $611 billion in monthly transfers, TRON's infrastructure continues to attract significant stablecoin activity.

Ethereum maintains its dominance in decentralized finance through growing USD Coin (USDC) transactions, though TRON's design advantages for specific use cases drive its USDT adoption. The network now processes 65.6 million USDT transfers monthly—a clear preference over competing blockchains.

Mantix Emerges as a Potential 100x Crypto Amid Market Stagnation

Cryptocurrency markets remain in a holding pattern, with Bitcoin anchored at $108,000 and Ethereum hovering near $2,500. The total market capitalization lingers at $3.39 trillion as investors search for recovery opportunities after Friday's sharp reversal.

Analysts are turning attention to Mantix (MTX), a new decentralized exchange project priced at $0.02, as a potential high-growth alternative to established coins like Monero (XMR) and Tron (TRX). Monero recently retested its $400 support level, but market participants appear increasingly interested in newer projects with perceived upside potential.

TRON (TRX) Price Prediction: ETF Filing and USDT Surge Hint at $0.60 Target

TRON defied broader market weakness, holding key support levels while altcoins struggled. The network now leads in USDT circulation, surpassing Ethereum for the first time—a bullish signal for liquidity and adoption.

Price action reflects growing confidence. TRX maintained its $0.25 support floor before advancing toward $0.30, currently trading at $0.27 with a 0.55% daily gain. Institutional interest appears to be building after the SEC acknowledged a staked TRX ETF filing, potentially paving the way for regulated exposure.

Trump's Memecoin Dinner Sparks Mixed Reactions Among Crypto Elite

Former U.S. President Donald Trump's private dinner for top holders of his TRUMP memecoin drew polarized responses from attendees. The May 22 event, billed as "the most exclusive invitation in the world," saw crypto luminaries like Tron founder Justin Sun mingling amidst complaints about catering quality and limited access to the host.

The gathering highlighted the growing intersection of politics and digital assets, with Sun emerging as both the largest TRUMP holder and most controversial participant. Other prominent crypto entrepreneurs attended, though their identities remain undisclosed beyond initial reports.

Will TRX Price Hit 1?

While TRX shows strong bullish signals, reaching $1 in the near term is unlikely without significant market catalysts. Analyst John points to key resistance levels and technical indicators suggesting a more realistic target of $0.60 in the medium term. Below is a summary of key data: