TRON (TRX) Makes a Confident Climb as Market Sentiment Shifts

TRON (TRX) is making headlines again with a sharp uptick in market activity. Its growing role in DeFi and stablecoin transactions is fueling renewed interest.

TRON (TRX) is making headlines again with a sharp uptick in market activity. Its growing role in DeFi and stablecoin transactions is fueling renewed interest. Could this be the spark for TRX’s next major rally?

TRX Key Statistics

TRON (TRX) stands out with a $23.7 billion market cap and a fully circulating supply of 94.94 billion tokens. It maintains a strong presence in the crypto space, currently ranked #10 on CoinMarketCap. In the past 24 hours, TRX recorded a trading volume of $690.50 million, highlighting steady demand.

TRX/USD Market

Key Levels

TRXUSD is showing strength with a 4.52% rise to reach $0.2524. Key support is at $0.2442, a level where previous dip-buying stabilized the price. If this zone holds, TRX could aim for the psychological barrier at $0.2606, with $0.3000 as a mid-term target. However, a drop below $0.2442 may open the door to further losses, with $0.2277 and possibly $1930 acting as deeper supports, though bulls are likely to defend these zones firmly.

Meanwhile, the Keltner Channel’s upper band at $0.2606 serves as immediate resistance. A daily close above it could strengthen bullish momentum, especially with the RSI nearing 59.73—suggesting rising strength. Failure to break higher may lead to a pullback toward $0.2442, offering another potential launchpad for buyers. Ultimately, TRXUSD’s trajectory depends on bulls holding key levels, which could pave the way for $0.300