TRON (TRX) Price Prediction: Targeting $0.45 Breakout as Network Surpasses $70 Billion in USDT Supply

Earlier this week, TRON DAO announced that the supply of Tether (USDT) circulating on the TRON blockchain has surpassed $70 billion.

This milestone highlights the network’s dominant role in facilitating stablecoin transfers, outpacing major competitors like Ethereum and Solana.

“We see this as a major achievement, but it also reinforces our responsibility to continue building secure, scalable, and inclusive financial infrastructure,” said Justin Sun, founder of TRON.

“This progress is a result of collective efforts across the entire crypto ecosystem, and we remain committed to advancing real-world utility through stablecoin innovation.”

TRON’s appeal stems largely from its speed, reliability, and low transaction fees, making it particularly popular in emerging economies that face currency instability and limited access to traditional banking services.

As such, the network has witnessed a substantial surge in activity, especially with Tether’s USDT.

TRON’s native token, TRX, is also showing signs of renewed strength following the announcement.

While TRX has been moving sideways in recent months and remains over 50% below its all-time high, the technical outlook remains bullish.

Market observers note that a decisive break above the $0.45 resistance level could set the stage for a broader rally, possibly retesting the highs seen in late 2024 when TRX approached $0.45.

If momentum continues, analysts predict TRX could become one of the standout performers heading into mid-2025.

Bitcoin Correlation Strengthens TRX’s Case

Adding to the bullish narrative, TRON’s price movements are increasingly mirroring Bitcoin’s.

Recently, Justin Sun highlighted that TRX’s 30-day correlation with Bitcoin reached 0.37, notably higher than its correlation with Ethereum, Tether’s USDT, or Dogecoin.

In a post on social media platform X, Sun shared, “TRX=BTC,” signaling the strengthening relationship between the two cryptocurrencies.

This correlation is evident in the shared price movements of BTC and TRX, both displaying a recent surge.

According to on-chain data from IntoTheBlock, this correlation underscores growing investor confidence that TRX could benefit alongside Bitcoin’s broader market movements, especially as BTC eyes further gains after its halving event.

At the time of writing, BTC is trading at $39,000, attempting to break above the $40,000 resistance level.

If Bitcoin maintains its bullish momentum, it could pave the way for TRX to breakout toward the next resistance at $0.45.

A break above this level could propel TRX toward $0.6, setting the stage for a return to previous highs last seen in November 2024.

After a period of consolidation, TRX appears to be gathering strength for a breakout.

As technical analysts closely follow the crucial $0.45 resistance level, TRX investors and traders will be watching developments in both BTC and TRX with keen interest.

Should bulls maintain momentum, a rally toward previous highs — and potentially new all-time highs — may not be far behind.

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