TRX Price Prediction: Will It Hit $1 Amid Stablecoin Growth and Technical Signals?

#TRX

• TRX is trading below its 20-day MA but shows bullish MACD signals.
• Tron's USDT supply exceeding $80 billion reflects strong ecosystem growth.
• Mixed market signals and competition for USDT could influence TRX's price trajectory.

TRX Price Prediction

TRX Technical Analysis: Key Indicators and Future Trends

According to BTCC financial analyst William, TRX is currently trading at 0.27200000 USDT, slightly below its 20-day moving average (MA) of 0.275540. The MACD (12,26,9) shows a bullish crossover with values at 0.007472 (MACD line), 0.003220 (signal line), and 0.004252 (histogram). Bollinger Bands indicate a potential consolidation phase, with the upper band at 0.289033, middle band at 0.275540, and lower band at 0.262047. William suggests that if TRX can break above the 20-day MA, it may target the upper Bollinger Band.

Tron's Stablecoin Milestone and Market Sentiment

BTCC financial analyst William highlights Tron's achievement of surpassing $80 billion in USDT supply, signaling strong stablecoin dominance. However, mixed market signals and growing competition for Tether (USDT) could impact TRX's price dynamics. William notes that while this milestone is bullish for Tron's ecosystem, investors should monitor broader market trends for confirmation.

Factors Influencing TRX’s Price

Tron Hits $80B Stablecoin Milestone Amid Mixed Market Signals

Tron's network has processed a record $80 billion in stablecoin inflows, surpassing Ethereum's previous dominance in this sector. The achievement reflects Tron's competitive edge in low transaction fees and rapid settlement times.

Despite the milestone, TRX price action remains muted with only a 2.1% gain in the past 24 hours. Market participants appear divided, with spot traders accumulating positions while on-chain activity stays surprisingly subdued.

The network's native token stands to benefit from increased transaction volume, as TRX is required to settle operations on the chain. Some investors are positioning for a potential rally, though consensus on TRX's near-term trajectory remains elusive.

Tether's Dominance Faces Growing Competition Amid USDT Supply Diversification

Tether's USDT maintains its stronghold as the leading stablecoin, with its supply increasingly distributed across multiple blockchain networks. TRON and ethereum dominate, collectively accounting for over 90% of USDT issuance. TRON alone hosts more than $80 billion, growing by $20 billion year-to-date, while Ethereum holds over $71.54 billion.

Emerging networks like Solana, Aptos, and TON are gaining traction, expanding USDT's liquidity beyond EVM chains. This diversification underscores USDT's role as a preferred on-ramp for traders and institutions.

Meanwhile, Circle's USDC is mounting a formidable challenge, surpassing $61 billion in supply and capturing 24% of the stablecoin market. Circle's Wall Street momentum is equally striking, with its stock (CRCL) soaring 700% since its June 5 IPO, reaching a market cap of $68 billion. Investor enthusiasm remains high, though ARK Invest has begun trimming positions, signaling a shift from euphoria to profit-taking.

USDT Supply on Tron Surpasses $80 Billion Amid Rising Stablecoin Dominance

Tron's TRC-20 USDT circulating supply has eclipsed $80 billion, cementing its position as a leading blockchain for stablecoin transactions. The milestone reflects accelerating adoption, with Tron overtaking Ethereum in USDT circulation last November—a shift driven by its cost efficiency and rapid settlement times.

Growth has been relentless since 2020, including a 488% surge during the 2021 bull market. Even during the stagnant 2022-2023 cycle, demand persisted. The network recently processed a $2 billion USDT mint by Tether Treasury, underscoring its role as the preferred platform for large-scale liquidity operations.

Will TRX Price Hit 1?

BTCC financial analyst William provides a cautious outlook on TRX reaching $1 in the near term. Based on current technical indicators and market sentiment, TRX would need significant bullish momentum to achieve this target. Below is a summary of key data:

William emphasizes that while Tron's stablecoin growth is positive, TRX's price action depends on broader crypto market trends and adoption.