TRON’s TRX/USD Is Currently Trading at $0.2668

This year, TRON's USDT supply has increased by 27%, or about $16 billion. TRON is positioned as the primary network for Tether-based transactions.

TRON’s TRX/USD price showed strength with a 1.65% rise in the last 24 hours, showing resilience despite the broader market pullback. TRX also showed a weekly gain of over 2%, according to CoinMarketCap.

TRON’s ecosystem continues to expand with the launch of SunPump’s meme coin platform on TRON and a partnership with crypto exchange BingX.

This partnership aims to increase the popularity of TRON meme projects and grow its meme community.

TRON’s stablecoin dominance is shifting as Tether USDT/USD on TRON has surpassed Ethereum ETH/USD in total supply, reaching $75.8 billion.

TRON also beat Ethereum in daily USDT transfer volume. Since January 2025, TRON peaked at $23.4 billion in daily USDT transfers, which is more than double Ethereum’s average of around $10 billion.

This year, TRON’s USDT supply has increased by 27%, or about $16 billion, positioning TRON as the primary network for Tether-based transactions.

TRON now holds over half of the total USDT supply globally, and Ethereum’s share has dropped to about 49%, reported Cryptorank.

Increased stablecoin liquidity on TRON could lead to more activity in TRX due to higher network demand.

According to The Crypto Times, SunPump, a platform for creating TRON-based meme coins, has announced a partnership with crypto exchange BingX.

The partnership will increase the popularity of TRON meme projects and grow its meme community.

The partnership also aims to expand the TRON meme community to new heights.

According to The Crypto Times, SunPump, a platform for creating TRON-based meme coins, has announced a partnership with crypto exchange BingX.

The partnership will increase the popularity of TRON meme projects and grow its meme community.

This year, TRON’s USDT supply has increased by 27%, or about $16 billion, positioning TRON as the primary network for Tether-based transactions.

TRON now holds over half of the total USDT supply globally, and Ethereum’s share has dropped to about 49%, reported Cryptorank.

Increased stablecoin liquidity on TRON could lead to more activity in TRX due to higher network demand.

TRON’s network activity is also evident in the high number of token transfers.

According to Tokenview data, on August 27, Wrapped TRX WTRX/USD recorded about 2.5 million transfers, indicating active DEX trading and DeFi activity.

PayNet Coin PAYN/USD recorded around 1.3 million transfers, and Decentralized USD USDD/USD recorded 427,000. A diversifying mix of other tokens shows the network’s growing role in payments.

According to The Currency Analytics, large holders of TRON have started reducing their positions.

One market observer noted a sell-off of 231 million TRX by whales.

TRON experienced a 24% decline in its 24-hour trading volume, which now stands at $626.33 million, per CoinMarketCap data.

TRON’s concentration by large holders is around 79%, and the market signal for TRON has moved to a mostly bearish zone, per IntoTheBlock.

According to TradingView, the Relative Strength Index (RSI) for TRX is around 64. This indicates that there is still some room for upward price movement before overbought conditions are met.

TRX may retest the $0.28 resistance level. Investors and analysts are watching to see if TRX can move above $0.28 and target the $0.30 level.

Support for TRX is around the $0.23 level.

TRON’s USDT dominance, its DeFi and meme coin ecosystem growth, and whale activity are factors that could influence TRX’s price.

At the current price, over 97% of TRON investors are profitable, which is a rare feat to achieve in the volatile crypto market.See More: Top 5 Crypto Influencers To Follow In 2023