TRON (TRX) Nears Tipping Point—Could Record Volume Ignite a Price Surge?
TRX bulls are circling as trading activity hits unprecedented levels. Is this the fuel for the next leg up—or just another crypto hype cycle?
Volume spikes often precede big moves, but let’s not pretend traders haven’t been burned before by ’breakout’ promises. The network’s recent throughput metrics suggest real usage, though whether that translates to sustained price action remains to be seen.
Meanwhile, institutional players keep hedging their bets—some things never change in this casino masquerading as an asset class.
TLDR
- TRON Network’s USDT transactions reached an all-time high of $600 billion, surpassing Ethereum since January 2022
- Lower gas fees and faster confirmation times are driving users to choose TRON over Ethereum for stablecoin transfers
- Whale accumulation activity has increased, with large investors buying TRX near current price levels around $0.27
- SunPump launched CEX Alliance to support TRON meme coins, but platform activity remains low with only 98,300 tokens created
- TRX price consolidates between $0.274 resistance and $0.256 support as technical indicators show weakening momentum
TRON Network achieved a milestone as USDT transactions reached an all-time high of $600 billion. This record demonstrates the network’s growing role as a preferred platform for stablecoin transfers.
The achievement comes as TRON has consistently outperformed ethereum in USDT transaction volumes since January 2022. Lower gas fees and faster confirmation rates have driven this shift away from Ethereum.
Users in emerging economies have been particularly attracted to TRON’s cost advantages. The network now processes more daily stablecoin volume than Ethereum, with the gap continuing to widen.
This increased activity has coincided with whale accumulation patterns. Large investors have been steadily purchasing TRX tokens NEAR current price levels around $0.27.
Such whale behavior typically signals long-term positioning rather than short-term speculation. The accumulation has supported the surge in overall transaction volumes on the network.
TRX Price
SunPump Initiative Launches Despite Low Activity
SunPump recently launched its CEX Alliance to boost TRON’s meme coin ecosystem. The initiative partners with exchanges including BitMart, Poloniex, and LBank to support promising projects.
The alliance aims to streamline listing procedures for meme coins with market caps over $500,000. It also provides marketing support and social exposure for qualifying projects.
However, SunPump’s on-chain metrics show limited traction. The platform has created only 98,300 tokens over nine months, a figure Pump.fun often exceeds weekly.
Daily revenue on SunPump frequently falls below $1,000 in recent weeks. Platform activity remains subdued despite the new alliance announcement.
Technical Indicators Show Consolidation Phase
TRX price currently trades in a tight range around $0.27 with mixed technical signals. The token faces resistance at $0.274 and support at $0.256.
The Average Directional Index has fallen to 11.68 from 24 just three days ago. This decline indicates weakening trend strength across both bullish and bearish pressures.
The Relative Strength Index hovers near 49.87, close to the neutral 50 level. This positioning suggests balanced buying and selling pressure in the market.
Both directional indicators show fading momentum. The positive directional indicator dropped to 20.74 while the negative indicator fell to 15.41.
A breakout above $0.274 could target $0.279 and potentially $0.282. Such a MOVE might set up a larger rally toward the $0.30 level last seen in December 2024.
Conversely, a breakdown below $0.256 support could lead to further declines. The next downside targets WOULD be $0.250 and potentially $0.243 in an extended pullback.
The current setup reflects a market in wait-and-see mode. Traders are watching for a decisive move in either direction to break the consolidation pattern.
TRON’s network fundamentals remain strong despite the price consolidation, with record USDT volumes and continued whale interest supporting the underlying demand.