Tron (TRX) Faces Pivotal Moment After Rejection at $0.334 – What’s Next?
Tron (TRX) is at a critical juncture after being rejected at the $0.334 resistance level, currently trading at $0.3322 with a slight 0.42% daily decline. Despite the minor pullback, the cryptocurrency's robust $31.47 billion market cap and a 26.28% surge in daily trading volume to $931 million highlight its strong institutional appeal. However, Tron Inc.'s $1 billion shelf offering adds a LAYER of complexity to the market dynamics. This article delves into the technical and on-chain signals shaping TRX's next move, providing insights into what traders and investors can expect in the coming days.
Tron Price Rejected at $0.334 – What Comes Next?
Tron (TRX) faces a pivotal moment after failing to break through the $0.334 resistance level, now trading at $0.3322 with a modest 0.42% daily decline. Despite the slight dip, underlying market dynamics reveal a complex interplay of technical and on-chain signals.
The token's $31.47 billion market cap and 26.28% surge in daily trading volume to $931 million underscore its institutional appeal. However, TRON Inc.'s $1 billion shelf offering filing has introduced dilution concerns, tempering short-term optimism.
Long-term fundamentals remain bullish. TRX's burn mechanism has destroyed over 40 billion tokens to date, with August alone seeing 1.1 billion TRX removed from circulation. Whale activity has spiked dramatically—30-day large-holder inflows jumped 1269%, historically a precursor to volatility and accumulation phases.
TRX Investors Realize $1.4 Billion in Profits, Outpacing Bitcoin and Ethereum
TRON (TRX) investors locked in $1.4 billion in realized profits within a single day, marking the second-largest gain event for the cryptocurrency in 2025. Glassnode data reveals this surge dwarfs Bitcoin's $665 million and Ethereum's $337 million during the same period—a fourfold lead over the latter.
The spike coincides with TRX's SOPR indicator crossing 1.04, confirming widespread profit-taking. Despite sell-offs, the token maintains bullish momentum above critical Fibonacci and VWAP levels. Notably, realized losses remain negligible at $31,600, underscoring optimal exit timing by sellers.
Market sentiment lingers in the Optimism/Anxiety phase, reflecting caution amid the rally. Since Saturday, TRX's daily realized revenues have consistently approached $1 billion, signaling sustained capital rotation into the asset.
Market Watch: ADA Shows Bearish Signals While TRX Gains Momentum; Cold Wallet Emerges as Dark Horse
Cardano (ADA) faces mounting bearish pressure as it struggles to hold above $0.78, with technical indicators like the Chaikin Money FLOW and Awesome Oscillator signaling weakening momentum. A head-and-shoulders pattern on the 4-hour chart suggests potential downside toward $0.67 if the neckline breach holds.
Tron (TRX) paints a contrasting picture, building upward traction with robust volume support. The asset's steady climb toward the psychologically significant $1 level reflects growing market confidence in its underlying infrastructure.
Meanwhile, Cold Wallet (CWT) emerges as the presale market's standout contender. Priced at $0.00942 with a projected launch valuation of $0.3517, its innovative tokenomics—rewarding ecosystem participation through bridging, holding, and swapping activities—positions it for potentially disruptive growth. The 4,900% ROI projection places CWT among 2025's most anticipated performers.