Tron (TRX) Poised for Bullish Surge as Altcoin Market Structure Echoes Historic Cycles

The altcoin market, including TRON (TRX), is showing striking similarities to previous bull cycles, with rising trendlines and RSI patterns suggesting continued growth. Analysts note that the current 2022-2025 cycle closely mirrors the 2015-2017 and 2018-2021 phases, characterized by higher lows and steady upward momentum. As RSI levels approach the overbought zone, historical patterns indicate potential for further gains, reinforcing a bullish outlook for Tron and the broader altcoin market.

Altcoin Market Cap Structure Mirrors Previous Bull Cycles, RSI Patterns Suggest Continued Growth

The altcoin market is exhibiting structural similarities to previous bull cycles, with rising trendlines and RSI patterns reinforcing a bullish outlook. Analyst Moustache highlights that the current 2022-2025 cycle is tracking closely alongside the 2015-2017 and 2018-2021 phases, marked by higher lows and steady upward momentum.

RSI levels are nearing the overbought zone, mirroring historical patterns that preceded explosive altcoin rallies. Resistance NEAR 70-80 on the RSI suggests potential short-term caution, but the overarching trend remains aligned with past cycles.

The TOTAL2 chart, which tracks altcoin market cap excluding Bitcoin, shows a recurring accumulation phase followed by rapid valuation expansion. Market participants are watching for confirmation of another breakout.

Solana and BNB Chain Drive Record Blockchain Activity

Blockchain networks have achieved a historic milestone, processing over 340 million transactions in a single week. solana and BNB Chain dominate this surge, accounting for nearly 80% of total volume. Solana leads with 59.46% of transactions, fueled by meme coin activity on platforms like LetsBonk and Pump.fun. BNB Chain follows at 18.76%, maintaining its position as the ecosystem with the most decentralized applications.

Tron claims third place with 4.68% of transaction volume, recently surpassing Ethereum in USDT transactions by a factor of five. These metrics signal robust user engagement across major networks, reflecting growing optimism in cryptocurrency markets.

Litecoin Outperforms as Bitcoin Consolidates Near $118K

Bitcoin's price action remained subdued over the weekend, hovering around the $118,000 level after failing to breach the $121,000 resistance. The cryptocurrency had surged to a record $123,000 earlier in the week before entering a corrective phase. Market capitalization now stands at $2.344 trillion with dominance slipping to 59.4%.

Litecoin emerged as the standout performer among major altcoins, rallying 13% to cross $115. Ethereum gained modest traction with a 2% increase to $3,600, while BNB and Cardano edged up approximately 1%. The broader altcoin market showed mixed signals, with TRON and XRP dipping slightly as SUI and chainlink showed early strength.