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Breaking Crypto News: $396M TRX Surge Sparks Frenzy — What’s Next for Tron Price Prediction?

9d ago
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In a week of notable achievements, the Tron witnessed a significant upswing, fueled by a TRX stablecoin growth surge worth $396 million, according to Lookonchain data. Meanwhile, Artemis reports show that Tron led all blockchain networks by collecting $1.3 million in fees within 24 hours, outperforming heavyweights like Ethereum and Solana. Founded by Justin Sun, Tron continues to make waves, with rising network usage sparking bullish Tron price chatter across the crypto community.

Tron Stablecoin Activity Hits New Highs

TRX stablecoin growth underscores how users increasingly trust Tron’s high-speed, low-fee environment for stablecoin transactions. Analysts suggest that this TRX stablecoin growth surge marks a crucial turning point, enhancing Tron’s utility and user engagement.

Additionally, data from DeFiLlama shows that the stablecoin market capitalization on Tron now stands at a staggering $66.91 billion. Such strong stablecoin activity not only strengthens the Tron blockchain but also fuels its native token’s burn mechanism, pointing to a potentially bullish outlook. With more stablecoins flowing through Tron’s ecosystem, network effects could magnify in the coming months, positively influencing TRX price movements.

In a recent X post, Lookonchain highlighted that in the past 7 days, stablecoins (USDT and USDC) on Tron surged by $396 million. This surge shows Tron’s dominance in stablecoin activity, boosting confidence in its expanding ecosystem. The strong network growth supports a bullish outlook for the TRX price in the coming weeks.

TRX Price Holds Steady as Bulls Eye Breakout

TRX is trading above $0.23. It bounced back after key support at the 200-day EMA near $0.21. After facing resistance around $0.24 last week, TRX looks poised to challenge this level again. A confirmed breakout above the $0.24 resistance could set the stage for a move toward $0.27, validating several optimistic Tron price prediction models.

Chart 1 – TRX/USDT Daily Chart, published on TradingView, April 8, 2025.

Moreover, the Relative Strength Index (RSI) is trending upward around 49, moving closer to the neutral 50 mark. If the RSI breaks above 50, it would signal fading bearish momentum and could further strengthen the case for a positive TRX price trajectory.

Adding to the excitement, a new meme coin wave is brewing within the Tron ecosystem. This community-driven growth could act as a hidden catalyst, influencing future Tron price predictions positively.

Future Prospects: What Lies Ahead for TRX?

The foundation appears strong for the next phase of growth for the Tron blockchain. If TRX breaks out above key resistance levels soon, the current TRX stablecoin growth surge could translate into meaningful price gains over the mid-term.

However, crypto markets are known for their volatility. TRX loses its grip on the 200-day EMA and closes below $0.21. The bullish sentiment could rest, bringing the December lows of $0.20 back into focus. Therefore, maintaining caution while watching key support and resistance levels remains essential.

What’s Next: Tron Blockchain Sets the Stage for a Breakout

TRX’s strong fundamentals, driven by a TRX stablecoin growth surge and unmatched fee generation, have turned the spotlight firmly onto the Tron blockchain. The positive network developments, combined with technical strength around key price levels, make the Tron price prediction outlook moderately bullish for now. As market sentiment steadies, TRX may be gearing up for its next big move, and the crypto community is watching closely.

The post Breaking Crypto News: $396M TRX Surge Sparks Frenzy — What’s Next for Tron Price Prediction? appeared first on Coinfomania.

9d ago
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