TRX Price Prediction: Can Bulls Push Toward $0.31?
#TRX
- Technical Strength: TRX trades above key moving averages with improving momentum indicators
- Supply Shock: Block reward halving may reduce daily sell pressure by ~50%
- Political Tailwinds: Sun''s Trump alliance could bring regulatory clarity
TRX Price Prediction
TRX Technical Analysis: Bullish Signals Emerge
TRX is currently trading at 0.2896 USDT, above its 20-day moving average (0.2763), indicating a bullish trend. The MACD shows a narrowing bearish momentum, with the histogram turning positive (-0.001087). Bollinger Bands suggest potential volatility, as the price nears the upper band (0.2917). BTCC analyst Ava notes: ''TRX''s technical setup favors upside, with a break above 0.2917 possibly triggering a MOVE toward 0.31.''
TRX News Sentiment: Positive Catalysts Accumulate
TRON''s community vote to halve block rewards could increase TRX scarcity, while Justin Sun''s political engagements and ETF developments add momentum. Ava highlights: ''Regulatory progress on staking ETFs and Sun''s $75M TRUMP token bet show growing institutional interest. These fundamentals support the technical breakout.''
Factors Influencing TRX’s Price
TRON Community Votes to Halve Block and Voting Rewards, Potentially Boosting TRX Scarcity
The TRON network has initiated a pivotal vote on Proposal No. 102, aiming to slash block rewards from 16 TRX to 8 TRX and reduce voting rewards from 160 TRX to 128 TRX. The proposal, launched by TRON''s super representatives on June 10, will remain open for voting until June 13.
If approved, the changes would elevate TRX''s annual deflation rate from 0.85% to 1.29%, accelerating the decline in new supply and enhancing the token''s scarcity. This deflationary mechanism could provide upward pressure on TRX''s price—a bullish signal for long-term holders.
TRX price action shows strength, testing the upper boundary of an ascending channel near $0.30. Technical indicators support the bullish case: the RSI holds at 64 without divergence, while the MACD recently completed a bullish crossover. A decisive breakout above $0.30 could propel TRX toward $0.33, though a retest of channel support may precede further gains.
Canary Capital Moves Closer to Launching Staked Injective ETF with Delaware Trust Registration
Canary Capital has taken a preliminary step toward launching a staked Injective (INJ) exchange-traded fund by registering the ''Canary Staked INJ ETF'' trust with Delaware''s Division of Corporations. The proposed product would provide investors with exposure to INJ tokens while capturing staking rewards from the Injective blockchain.
The filing follows a pattern seen across crypto ETF issuers, though it doesn''t guarantee the fund''s eventual launch. Europe already hosts a similar product through 21Shares'' Injective ETP, which successfully delivers staking yield to investors.
This development forms part of Canary Capital''s broader push into staked crypto products. The firm recently filed for a Staked Cronos (CRO) ETF in May and awaits SEC decision on its spot Sui (SUI) ETF proposal. Additional filings include trusts for Staked Sei (SEI) and Staked Tron (TRX) ETFs, signaling aggressive expansion into yield-bearing digital asset products.
TRON (TRX) Shifts to Buy Pressure: Is a Break Above $0.31 Imminent?
TRON (TRX) has transitioned from sell-side dominance to buy-side control, with demand now outstripping supply. CryptoQuant''s Buy/Sell Pressure Delta reveals this shift unfolding over the past 90 days, painting a bullish technical picture.
The asset maintains firm support above $0.25 despite trading 38% below its historical peak. Market structure shows weak resistance between $0.27 and $0.31—a zone that could soon yield to upward momentum.
While rising demand often precedes local tops, TRX''s consolidation suggests accumulation rather than distribution. The next test comes at the $0.31 psychological level, where sustained buying pressure could trigger breakout momentum.
TRON’s Justin Sun Backs Trump’s Crypto Vision for US Dominance
TRON founder Justin Sun has publicly endorsed former President Donald Trump’s push to position the U.S. as the epicenter of blockchain and cryptocurrency innovation. The pledge came after Sun attended an exclusive dinner for top holders of the Trump-themed meme coin at TRUMP National Golf Club in Virginia.
Sun declared on social media that the administration recognizes America’s potential to become the leading hub for crypto development. "I will do everything in my power to make this vision a reality," he wrote, signaling alignment with Trump’s pro-crypto agenda. The event drew scrutiny as it catered specifically to the 220 largest investors in the TRUMP token.
Trump Declares U.S. Crypto Dominance, Vows to Maintain Bitcoin Leadership
President Donald Trump reaffirmed the United States'' position as the global leader in digital assets during a high-profile crypto gala at TRUMP National Golf Club. The event doubled as a celebration for investors in the meme-based $TRUMP token and a policy statement on America''s crypto ambitions.
"The U.S.A. is DOMINATING in Crypto, Bitcoin, etc., and we are going to keep it that way!" Trump declared on Truth Social ahead of the May 23 gathering. Attendees included TRON founder Justin Sun, who reportedly invested $1.3 million in TRUMP tokens.
The president framed cryptocurrency adoption as a national priority, praising attendees as pioneers shaping the digital economy. The remarks signal growing political recognition of Bitcoin''s strategic importance amid global competition for blockchain supremacy.
Trump’s $TRUMP Crypto Dinner Drama Highlights Political-Crypto Nexus
Justin Sun''s high-profile appearance at a Donald Trump-linked event signals deepening ties between political figures and cryptocurrency elites. The Tron founder''s re-emergence in US circles reflects shifting regulatory winds and growing institutional acceptance of digital assets.
This political-crypto convergence comes amid heightened market volatility, with traders scrutinizing every development for signals about future regulatory frameworks. The involvement of figures like Sun and Trump suggests cryptocurrencies are becoming an unavoidable factor in both financial and political calculations.
From Pizzas to Dinner With President: Trump-Justin Sun Handshake Signals New Era for Crypto
Bitcoin''s journey from its first real-world transaction to mainstream recognition reached a symbolic milestone on May 22, 2025. The cryptocurrency surged past $110,000, coinciding with a private dinner hosted by President Donald Trump for top holders of $TRUMP tokens. The event underscored crypto''s growing influence in political and financial circles.
Justin Sun, founder of TRON and advisor to HTX, emerged as a central figure at the gathering. As the largest holder of $TRUMP, his presence highlighted the convergence of digital assets and traditional power structures. The occasion marked a departure from crypto''s niche origins, reflecting its ascent into institutional consciousness.
Tron Founder Justin Sun’s $75M Trump Token Bet Raises Regulatory Eyebrows
Justin Sun, founder of Tron, has drawn scrutiny following his $75 million acquisition of Trump-affiliated tokens. The purchase preceded the U.S. Securities and Exchange Commission''s decision to pause its 2023 fraud case against him in February 2025. Sun''s attendance at a gala dinner hosted by former President Donald Trump—exclusively for top TRUMP memecoin holders—has intensified questions about the intersection of political influence and regulatory oversight.
Critics argue the timing raises ethical concerns, as Sun''s legal troubles with the SEC—stemming from March 2023 charges alleging market manipulation of TRX and BTT tokens—were put on hold shortly after he became the largest holder of the TRUMP memecoin. The case''s suspension has reignited debates over whether financial leverage in political spheres can sway enforcement actions.
TRON Network Expands Stablecoin Integration with Bridge, a Stripe Company
The TRON DAO has announced an expanded integration with Bridge, a stablecoin orchestration platform owned by Stripe. This move reinforces TRON''s position as a leading settlement layer for stablecoins, leveraging its scalability, low costs, and reliable network performance.
TRON now hosts nearly one-third of the global stablecoin supply, including over $77 billion in USDT—more than half of its total circulation. The network''s dominance in stablecoin transactions underscores its growing influence in blockchain-based payments.
Tron Price Holds Steady After Justin Sun''s Meeting with Donald Trump
Tron''s TRX token showed muted price action following a high-profile meeting between crypto billionaire Justin Sun and former U.S. President Donald Trump. The digital asset traded at $0.2680, slightly below its weekly peak of $0.2805, continuing a consolidation pattern that began in January.
Sun, revealed as the largest holder of Trump''s meme coin, attended an exclusive VIP dinner where cryptocurrency''s future reportedly featured in discussions. The Tron founder''s substantial investments in Trump-affiliated projects, including World Liberty Financial, underscore growing ties between political figures and crypto entrepreneurs.
SEC Reviews TRX Staking ETF Filing as Crypto Investment Interest Grows
The U.S. Securities and Exchange Commission has begun reviewing Canary Capital''s proposal for a staked TRX exchange-traded fund, filed through the Cboe BZX Exchange. This marks a potential first for U.S. markets—an ETF offering exposure to staked Tron tokens.
Regulators opened a public comment period but have yet to signal approval intentions. The move coincides with delayed decisions on other crypto ETF proposals, including products tied to XRP and Litecoin.
Staking-based investment vehicles continue gaining traction as institutional interest in crypto yield strategies intensifies. The TRX ETF could set precedent for how regulators treat proof-of-stake assets under securities laws.
How High Will TRX Price Go?
TRX shows strong potential to test $0.31, supported by:
Factor | Impact |
---|---|
Technical Breakout | Price above 20MA & Bollinger Midline |
Reward Halving | Expected 50% reduction in new supply |
ETF Developments | Institutional demand catalyst |
Ava cautions: ''Watch MACD crossover confirmation for sustained upside.''