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Tron (TRX) Poised for Breakout as Whale Activity Surges and Technical Indicators Align

Tron (TRX) Poised for Breakout as Whale Activity Surges and Technical Indicators Align

Author:
TRX News
Published:
2025-07-01 09:29:36
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[TRADE_PLUGIN]TRXUSDT,TRXUSDT[/TRADE_PLUGIN]

TRON's TRX is showing strong signs of an impending price breakout, backed by both technical indicators and on-chain data. The cryptocurrency has consistently held support above its trendline, while whale accumulation has skyrocketed by 45% over the past month. In contrast, retail wallets have seen only a modest 2.5% growth. Bollinger Band compression near the $0.26 support level mirrors conditions that previously preceded significant volatility spikes. As of the latest data, TRX is trading at $0.2775, with market watchers eyeing a potential upward movement. The alignment of these factors suggests a bullish trajectory for TRX in the near term, making it a cryptocurrency to watch closely in July 2025.

TRON's Key Metric Suggests Impending TRX Breakout as Whales Accumulate

TRON's TRX shows signs of a potential price breakout as technical indicators and on-chain data align. The cryptocurrency has maintained support above its trendline while whale accumulation surged 45% over the past month, contrasting with modest 2.5% growth in retail wallets.

Bollinger Band compression NEAR the $0.26 support level mirrors conditions preceding previous volatility spikes. TRX currently trades at $0.2775, having gained 0.72% in 24 hours. Exchange netflows appear stable, suggesting reduced sell pressure may create conditions for upward movement.

The divergence between institutional positioning and retail participation often precedes significant price action. With smart money establishing positions, the stage may be set for broader market participation to drive momentum.

XRP, TRX, and DOGE Lead Altcoin Bullish Momentum Amid Bitcoin Stagnation

Perpetual funding rates reveal a surge in bullish sentiment for major altcoins as Bitcoin struggles to break out of its Q3 stagnation near $107,000. XRP leads the charge with an 11% annualized funding rate, followed by TRX at 10% and DOGE at 8.4%, signaling strong demand for Leveraged long positions.

Bitcoin and ethereum maintain neutral funding rates, reflecting balanced market sentiment. The XRP rally persists despite Ripple's ongoing SEC litigation, with futures activity suggesting near-term outperformance potential. Monero's 23% funding rate highlights speculative interest in privacy coins, while Stellar's -24% rate shows pronounced bearish positioning.

Historical data reveals Bitcoin's Q3 underperformance, averaging just 5.57% returns since 2013. The current $100,000-$110,000 trading range reflects a standoff between long-term holder distributions and ETF inflows, leaving traders awaiting clearer directional signals.

Tron Overtakes Dogecoin With $26 Billion Market Cap as Stablecoin Use Soars

Tron's market capitalization has surged to $26 billion, eclipsing Dogecoin's $24.6 billion valuation. The blockchain now processes over 50% of all USDT transactions, with $80.7 billion in Tether volume flowing through its network—more than Ethereum handles. This dominance stems from Tron's faster settlement times and negligible fees, structural advantages that have solidified its position as infrastructure for stablecoin transfers.

While TRX posted modest weekly gains of 1.05%, its growth reflects utility-driven adoption rather than speculative trading. Dogecoin's lack of real-world use cases becomes increasingly apparent as investors shift focus toward functional blockchain networks. The market is witnessing a fundamental revaluation where technological capacity outweighs meme coin popularity.

Institutional capital appears to be flowing toward platforms with demonstrable on-chain activity. Tron's ascent past Dogecoin in market rankings signals this broader transition—from hype cycles to measurable utility as the primary value driver in digital assets.

|Square

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