TRON Stablecoin Reserves Hit Record High—So Why Can’t TRX Break Resistance?

Another all-time high for TRON’s stablecoin supply—$58B and counting. Meanwhile, TRX traders stare at the same stubborn price ceiling like commuters waiting for a delayed subway.

The Stablecoin Juggernaut Rolls On

USDT dominates TRON’s chain, with issuances up 22% QoQ. ‘Yield farmers’ keep piling in, because nothing says ‘decentralized finance’ like a blockchain functioning as Tether’s offshore banking proxy.

TRX’s Liquidity Paradox

All that stablecoin liquidity should theoretically fuel TRX demand. Instead, the token’s been rangebound for months. Turns out, casinos don’t need to buy the house chips—just rent them.

Watch the $0.13 level. Break that, and the ‘stablecoin tsunami’ narrative gets interesting. Until then? Enjoy the yield theater—just don’t call it adoption.

The majority of moving averages and the moving average convergence divergence indicate bearish pressure, but momentum and Bull Bear Power indicate some buying strength. The relative strength index is at 49, indicating indecision.

TRX may move toward $0.235 or lower if it breaks below support at $0.240. On the upside, a clean break above $0.25 could could open the door to higher levels. Justin Sun, the founder of TRON, has stated that he believes TRX will hit a new all-time high in Q2, pointing to the market’s rising maturity and citing its growing correlation with Bitcoin (BTC).