TRX Price Prediction: Can the Rally Push Towards $1?

#TRX

• Technical Strength: TRX trading above key moving averages with bullish MACD crossover
• Fundamental Catalyst: $1 billion buyback program reducing circulating supply
• Sentiment Driver: Justin Sun's high-profile spaceflight generating positive attention

TRX Price Prediction

TRX Technical Analysis: Bullish Momentum Building

TRX is currently trading at $0.332, above its 20-day moving average of $0.3206, signaling bullish momentum. The MACD histogram has turned positive (0.002728), indicating strengthening upward pressure. Prices are testing the upper Bollinger Band ($0.335081), which could act as immediate resistance. According to BTCC analyst Michael, 'The technical setup suggests TRX could challenge $0.35 if it sustains above the 20-day MA.'

TRX Rally Fueled by Justin Sun's Milestones and Buyback Program

TRX surged 8% following Justin Sun's suborbital flight and the announcement of a $1 billion buyback program. BTCC's Michael notes, 'The combination of strong technicals and positive news flow creates a perfect storm for TRX. The buyback program particularly signals confidence from the TRON foundation.' Market sentiment appears strongly bullish, though traders should watch for potential profit-taking NEAR the yearly high.

Factors Influencing TRX's Price

Crypto Billionaire Justin Sun Completes Suborbital Flight on Blue Origin's New Shepard

Cryptocurrency mogul Justin Sun, founder of the blockchain platform TRON, has successfully completed a suborbital spaceflight aboard Blue Origin’s New Shepard rocket system. The NS-34 mission, which carried six crew members, marked the 34th flight for the program, offering a brief journey beyond the Kármán line.

Sun, who paid $28 million in a 2021 auction for his seat, described the experience as transformative. "Viewing Earth from space provided a profound realization of its fragility and the importance of its preservation," he remarked. The flight, originating from West Texas, included a period of weightlessness before returning to Earth.

The crew comprised real estate investor Arvi Bahal, businessman Gökhan Erdem, meteorologist Deborah Martorell, educator Lionel Pitchford, and entrepreneur J.D. Russell. Blue Origin shared onboard footage and snapshots of the launch, highlighting the unity and perspective gained from space travel.

TRON (TRX) Surges 8% as $1 Billion Buyback Program Fuels Rally Above $0.33

TRX has surged to $0.33, marking an 8% gain following TRON's announcement of a $1 billion buyback program. The move comes alongside record-breaking revenue of $916 million for the first half of 2025, reinforcing bullish sentiment.

Technical indicators suggest further upside potential, with the RSI at 64.33 indicating neutral momentum. TRON's recent Nasdaq listing has also bolstered confidence, pushing its market capitalization to $29.8 billion.

The ecosystem's growth is underscored by an $81 billion USDT supply, highlighting its expanding role in the digital asset space. Market participants are closely watching whether the buyback program will sustain the rally.

Altcoin Season Trends: Tron, Sui, and Pi Signal Mixed Moves

Tron (TRX) maintains stability near $0.32, buoyed by a 44% surge in daily trading volume to $1.54 billion. Whale accumulation and steady DeFi growth underscore its resilience in a volatile market.

Sui (SUI) cools off after a rally to $3.58 earlier this year, yet its $12.3 billion market cap reflects lingering institutional interest. The network’s long-term potential remains intact despite recent pullbacks.

Pi Coin (PI) faces headwinds from supply shocks and utility concerns, lagging behind peers. The absence of tangible use cases continues to deter serious investors.

Justin Sun Becomes Youngest Chinese Commercial Astronaut Aboard Blue Origin's NS-34 Mission

Justin Sun, founder of the TRON blockchain, has etched his name in history as the youngest Chinese-born commercial astronaut following a successful flight on Blue Origin's New Shepard NS-34 mission. The journey marks the first spaceflight by a Forbes-featured cryptocurrency entrepreneur.

Sun's $28 million winning bid for the 2021 auction seat was fully donated to space education initiatives, funding 19 STEAM-focused nonprofits through Blue Origin's Club for the Future foundation. The flight carried 1,000 symbolic wishes from the TRON community, representing the crypto industry's collective push toward decentralized innovation.

This milestone transcends personal achievement, signaling growing convergence between commercial space exploration and blockchain technology. Sun's TRX token gains implicit endorsement through the mission's high-profile visibility, though the article contains no direct market implications for cryptocurrencies or exchanges.

TRON Founder Justin Sun Completes Blue Origin Spaceflight

Cryptocurrency entrepreneur Justin Sun reached the edge of space aboard a Blue Origin rocket, fulfilling a $28 million bid made nearly three years ago. The TRON founder, initially slated for Blue Origin's first crewed launch in 2021, deferred his flight until Sunday's suborbital journey from West Texas.

Sun joined five other passengers—including a teacher, venture capitalist, and meteorologist—on the New Shepard NS-34 mission. The flight, Blue Origin's 14th human spaceflight, lasted mere minutes but underscored the growing commercialization of space tourism. Proceeds from Sun's winning bid benefited Club for the Future, a foundation backing space-related charities.

The TRON blockchain's association with high-profile ventures continues to blur the lines between digital asset innovation and other cutting-edge industries. While no direct market impact was observed, such visibility events reinforce crypto's penetration into mainstream consciousness.

Will TRX Price Hit 1?

While TRX shows strong bullish momentum, reaching $1 would require a 200%+ rally from current levels. Key factors to watch:

BTCC's Michael suggests: 'While $1 seems ambitious short-term, the technical and fundamental alignment could support a move toward $0.50 first. The $1 target would require sustained bullish market conditions and successful execution of TRON's ecosystem growth.'

Price predictions are speculative and involve risk