Tron (TRX) Surges to Yearly High Amid Record Network Activity and Bullish Momentum
Tron (TRX) has reached a yearly high of $0.35, marking an impressive eight-week gain of over 35%. This surge is backed by robust on-chain metrics, including daily transactions exceeding 11.1 billion—a significant increase compared to early-2024 levels. Additionally, open interest has hit a record $610 million, signaling fresh capital inflow into the market. Technical analysis suggests the potential for further upward movement, with TRX possibly targeting its all-time high of $0.45, a level not seen since its 2021 peak. The combination of strong network activity and bullish market sentiment positions Tron for continued growth in the NEAR term.
Tron Price Hits Yearly High as Network Activity Surges
Tron (TRX) rallied to $0.35, marking an eight-week gain exceeding 35% as on-chain metrics signal robust demand. Daily transactions surpassed 11.1 billion, dwarfing early-2024 levels, while open interest reached a record $610 million—a clear indicator of fresh capital entering the market.
The technical setup suggests potential continuation toward TRX's all-time high of $0.45. Such momentum hasn't been seen since the asset's 2021 peak, with derivatives traders particularly active on platforms tracking CoinGlass futures data.
TRON Surpasses 11.1 Billion Transactions as USDT Activity Fuels Growth
TRON (TRX) has capitalized on the broader cryptocurrency market rally, posting a 6% weekly gain and briefly touching $0.369 before stabilizing at $0.3589. While price action remains range-bound, the network's fundamentals tell a story of relentless adoption.
The blockchain has now processed over 11.1 billion lifetime transactions, adding 1.8 billion since January 2024. Daily activity averages 7-9 million transactions, frequently peaking near 10 million—a significant increase from early 2024 levels.
USDT/TRC-20 transfers dominate this activity, with traders and institutions favoring TRON's low-cost, high-speed infrastructure for payments and exchange settlements. "The transaction volume surge isn't just a metric—it's creating deeper liquidity pools that feed derivatives markets," observes Arab Chain from CryptoQuant.
Analysts Favor Ruvi AI (RUVI) Over Tron (TRX) as Presale Gains Momentum
Ruvi AI's audited token (RUVI) is outpacing TRON (TRX) in analyst sentiment as its presale accelerates following a CoinMarketCap listing and partnership. Phase 2 of the presale is 85% complete at $0.015, with a scheduled 33% price increase to $0.020 in Phase 3. The final presale price is set at $0.070, offering a clear upside path for early investors.
Key drivers for RUVI's traction include $2.9M raised, 230M tokens sold, a CyberScope audit, and a WEEX exchange partnership. The project's structured price progression and CMC visibility are compressing decision timelines, creating urgency among buyers.
While Tron's mature ecosystem maintains relevance, market attention is shifting toward RUVI's time-bound catalysts and verifiable utility. The token's presale velocity suggests growing institutional interest in AI-powered blockchain solutions.
Over $300M in Crypto Seized in Global Anti-Fraud Operations
Law enforcement agencies and private firms have jointly frozen more than $300 million in cryptocurrency linked to fraudulent activities. The T3 Financial Crime Unit (T3 FCU), a collaboration involving TRM Labs, TRON, Tether, and Binance, has seized over $250 million since its launch in September 2024. "Freezing over $250 million in illicit assets in less than a year is a powerful testament to what's possible when the industry comes together with a shared goal," said Tether CEO Paolo Ardoino.
In a parallel effort, US and Canadian authorities worked with Chainalysis to track and freeze an additional $74 million in scam-related crypto. These initiatives highlight the growing coordination between regulators and blockchain firms to combat financial crimes.
TRON Futures Signal Potential Rally to $0.4 Amid Healthy Market Conditions
TRON (TRX) exhibits bullish momentum, trading within an ascending channel over the past two months with measured pullbacks. The cryptocurrency currently sits at $0.357, reflecting a 2.12% daily dip, yet maintains a 19% monthly gain.
CryptoQuant analyst Burak Kesmeci highlights TRX's Futures Volume Bubble Map, which suggests room for further upside. The metric's neutral positioning contrasts with December 2024's overheated red-toned bubbles that preceded a surge from $0.26 to $0.45. This equilibrium indicates sustainable futures activity without excessive leverage.
Spot demand strengthens the case for a potential $0.4 test, though weakening long positions could trigger a retreat to $0.33. The absence of speculative froth in derivatives markets lends credibility to the upward trajectory.
