TRON (TRX) Poised for 60% Surge as Cup-and-Handle Pattern Emerges
TRON's native token, TRX, is showing strong bullish signals with the formation of a classic cup-and-handle pattern on its technical charts. A breakout above the $0.2958 resistance level could potentially drive prices up by 60%, targeting $0.4497. This optimistic outlook is further supported by robust network fundamentals, including a quadrupling of daily transactions since 2021, now exceeding 9 million, while maintaining an impressive 96% success rate. The cryptocurrency recently experienced a 9% surge following news of its indirect public market debut, adding to the positive momentum. As of June 2025, TRX continues to attract attention as a promising asset in the crypto space.
TRON (TRX) Forms Bullish Cup-and-Handle Pattern, Eyes 60% Rally
TRON's native token TRX is exhibiting a classic cup-and-handle formation on technical charts, with a decisive breakout above $0.2958 potentially propelling prices toward $0.4497. The network's fundamentals appear equally robust, with daily transactions quadrupling since 2021 to over 9 million while maintaining a 96% success rate.
The cryptocurrency briefly surged 9% following news of its indirect public market debut through a SPAC merger with Nasdaq-listed SRM Entertainment. Currently trading around $0.273, TRX maintains crucial support above its 50-day moving average at $0.268, suggesting sustained bullish momentum.
TRON's blockchain continues demonstrating enterprise-grade reliability, with consistent block production and cost-efficient transactions fueling developer adoption. This technical strength complements the token's chart pattern, creating a rare confluence of favorable indicators for TRX investors.
4 Cryptos You Can’t Ignore in 2025: Shiba Inu’s (SHIB) Replacement Unveiled
The memecoin sector continues to dominate cryptocurrency discussions, with new tokens like Little Pepe (LILPEPE) emerging as potential successors to shiba inu (SHIB). Unlike traditional memecoins, LILPEPE operates on its own Layer 2 blockchain, reducing susceptibility to pump-and-dump schemes. Its presale surged, attracting $300,000 within 48 hours at an initial price of $0.001, now climbing to $0.0011 in Stage 2.
Tron (TRX), Toncoin (TON), and Ripple (XRP) round out the list of notable contenders. Each offers distinct value propositions, from smart contract platforms to cross-border payment solutions. Market curiosity around these assets often precedes price momentum, making them worth monitoring regardless of short-term volatility.
TRX Overtakes DOGE in Market Cap Amid Tron's IPO Speculation
Tron's native cryptocurrency TRX has surged past Dogecoin in market capitalization, now ranking as the eighth-largest digital asset. The shift follows explosive speculation about Tron's planned initial public offering through a reverse merger with Nasdaq-listed SRM Entertainment.
TRX currently trades NEAR $0.2790 with a $25.88 billion market cap, having gained 134% over the past year. Dogecoin, meanwhile, has declined 25% in the past month, now valued at $25.30 billion.
The IPO deal, reportedly orchestrated by Dominari Securities with ties to Trump family members, could inject $210 million in token assets into the new entity. This strategic pivot toward Wall Street mirrors MicroStrategy's approach, signaling a potential paradigm shift in crypto valuations.
