Tron (TRX) Poised for Breakout as Altcoins Signal Historic Bull Run
Altcoins are currently exhibiting a highly bullish signal, reminiscent of the parabolic rallies seen in 2017 and 2021. The total altcoin market capitalization has reclaimed a critical ascending trendline, a pattern that historically precedes explosive price expansions. Analysts, including Merlijn The Trader, suggest that history may be repeating itself, with chart patterns indicating a potential bear trap shakeout similar to previous cycle bottoms before vertical breakouts. This development has sparked speculation of an impending bull run, with Tron (TRX) potentially positioned to benefit significantly from this market movement. As of July 2025, the cryptocurrency market is closely watching these trends, anticipating a possible repeat of past rallies.
Altcoins Reclaim Historic Trendline, Stirring Bull Run Speculation
Altcoins are flashing a bullish signal not seen since their 2017 and 2021 parabolic rallies. The total altcoin market capitalization has reclaimed a critical ascending trendline that previously preceded explosive price expansions. Chart patterns suggest history may be repeating—complete with the same bear trap shakeout that marked cycle bottoms before vertical breakouts.
Crypto analyst Merlijn The Trader identifies striking parallels between current market structure and past bull run setups. The reclaimed trendline, now acting as support, mirrors the springboard for altcoin's most dramatic rallies. Market participants await confirmation of whether this technical recapture will ignite another sector-wide valuation surge.
Solana Outperforms Ethereum and Tron with $271 Million in Q2 Network Revenue
Solana has solidified its dominance in the blockchain space, generating $271 million in network revenue during Q2 2025. This marks the third consecutive quarter where Solana has surpassed all Layer-1 and Layer-2 competitors, including ethereum ($129.09 million) and Tron ($165.26 million). The network's consistent growth contrasts sharply with the sporadic performance of other chains.
Decentralized applications on Solana have led weekly revenue metrics for ten straight months, underscoring its robust infrastructure and developer appeal. Cross-chain activity also surged, with Solana recording a record-high Bitcoin trading volume, further cementing its role in decentralized finance.
TRX and DOGE Prices Surge as PayFi Project Gains Attention
Dogecoin's price has risen by 5% in the last 24 hours, driven by whale activity and a technical breakout. Meanwhile, TRON's TRX is testing resistance at $0.295 after its network surpassed 13 billion transactions, outpacing Ethereum in USDT volume.
A new PayFi project is emerging as a dark horse, promising instant crypto-to-cash conversions. Its wallet beta and Q3 launch plans are drawing quiet but growing interest in cross-border payment solutions.
TRX shows bullish technicals, trading in an ascending channel with RSI at 60—suggesting room for further upside. Analysts highlight $0.289 as the key breakout level to watch.
