TRX Price Prediction: Analyzing the Path to $1 Amid Technical and Fundamental Crosscurrents

#TRX

• Technical indicators show TRX trading below key moving averages with weak momentum signals
• Growing institutional adoption and network activity provide fundamental support
• Reaching $1 requires overcoming significant resistance levels and sustained bullish momentum

TRX Price Prediction

Technical Analysis: TRX Faces Key Resistance Levels

According to BTCC financial analyst Michael, TRX is currently trading at $0.3395, below its 20-day moving average of $0.34838, indicating short-term bearish pressure. The MACD reading of 0.005539 shows weak bullish momentum, while the Bollinger Bands suggest resistance NEAR $0.36535 and support around $0.33141. Michael notes that TRX needs to break above the middle band at $0.34838 to regain bullish momentum.

TRON Price

Market Sentiment: Mixed Signals Amid Adoption Growth

BTCC financial analyst Michael highlights that while TRON has achieved significant milestones including surpassing ethereum in daily active users and gaining U.S. Commerce Department adoption for GDP data publication, these positive developments are tempered by current bearish technical signals. The expansion of tokenized stocks to Ethereum mainnet by Kraken adds to the competitive landscape, creating a complex sentiment environment for TRX.

Factors Influencing TRX's Price

TRX Price Prediction: TRON Tests Key Support Amid Bearish Signals

TRON's native token faces a critical juncture as technical analysis points to a potential test of $0.33 support. The cryptocurrency currently trades at $0.34, with Bollinger Band indicators suggesting near-term downside pressure. Market sentiment appears divided—while some traders anticipate a rebound toward $0.37 resistance, recent analyst forecasts show consecutive downward revisions since August 31.

CoinLore's September 3 price target of $0.3334 reflects growing caution among technical analysts. The $0.30-$0.37 trading range now serves as the battleground between bulls and bears, with a breakout in either direction likely to determine TRX's medium-term trajectory. 'This correction phase was inevitable after July's overheated rally,' notes Caroline Bishop, referencing TRON's 52-week high resistance at $0.37.

Kraken Expands Tokenized Stocks to Ethereum Mainnet in Multi-Chain Push

Kraken has extended its tokenized equities offering, xStocks, to Ethereum's mainnet as ERC-20 tokens, marking a strategic expansion beyond Solana, BNB Chain, and TRON. The rollout introduces over 60 assets—including Apple (AAPLx), Tesla (TSLAx), and SPYx—to Ethereum's $500B ecosystem, with backing from Swiss firm Backed ensuring 1:1 collateralization.

The integration unlocks DeFi utility for eligible non-U.S. clients, enabling wallet transfers and participation in lending or yield farming. Trading volume for xStocks has already surpassed $3.5B across previous chains, signaling robust demand for hybrid traditional-crypto exposure.

U.S. Commerce Department Adopts TRON Blockchain for GDP Data Publication Amid Surging Network Adoption

The U.S. Department of Commerce has selected the TRON blockchain as a primary network for publishing official economic data, marking a historic milestone in government adoption of decentralized technology. The Bureau of Economic Analysis recorded Q2 2025 GDP growth of 3.3% on TRON, with the data hash immutably stored on-chain.

TRON's selection underscores its growing role as infrastructure for both financial markets and government transparency initiatives. The network processes over $22 billion in daily settlement volume and 8.8 million transactions, capabilities that appealed to federal officials seeking secure, globally accessible data publication.

The move follows TRON's 60% fee reduction earlier this year, which accelerated adoption across its ecosystem. As blockchain technology gains institutional credibility, TRON's positioning at the intersection of finance and government data could drive further mainstream adoption of decentralized networks.

Tron Surpasses Ethereum and Binance Smart Chain in Daily Active Users Driven by USDT Transfers

Tron has emerged as the blockchain leader in daily active users, reaching a record 2.48 million addresses. The network's dominance in retail stablecoin activity has outpaced rivals like Ethereum and Binance Smart Chain, particularly during a seasonally weak period for cryptocurrencies.

Smaller wallets—categorized as 'Goblins' (under $1 million) and 'Sharks' (under $10 million)—are fueling this growth. On August 30, these groups accounted for 35% and 20% of on-chain activity, respectively. Tron's low fees and fast settlement make it a preferred choice for moving USDT off exchanges amid market uncertainty.

Will TRX Price Hit 1?

Based on current technical indicators and market conditions, reaching $1 represents a 194% increase from current levels, which would require significant bullish catalysts. According to BTCC financial analyst Michael, while TRON's growing adoption and institutional use cases are fundamentally positive, the current technical setup suggests near-term resistance. A breakthrough above key resistance levels and sustained network growth would be necessary for such a substantial price appreciation.