TRON Holds Steady Near $0.28 — Here Is Why TRX Could Be Quietly Setting Up for a Bigger Move

3 weeks ago 14
  • TRX holds near $0.28 despite shaky market sentiment.
  • TRON leads the stablecoin market with over $80B USDT supply.
  • Technical signs like rising RSI and MACD improvement support a potential trend reversal.

TRON hasn’t shown much upward momentum lately, but it’s still holding around the key $0.28 level — even as volatility across the crypto market keeps traders on edge. TRX slipped only about 0.4% in the past 24 hours, mirroring the broader market’s indecision more than anything else.

Sentiment has been shaky ever since Bitcoin plunged to $80,000 last week before bouncing back toward $92,000. That kind of whiplash tends to freeze investor confidence, yet TRON managed a small recovery from lows near $0.27. It’s not fireworks, but it is a small sign of resilience in a pretty messy environment.

What could boost TRX from here?

A big part of the conversation around a possible TRX rally comes from TRON DAO’s ongoing expansion and its quiet domination of the stablecoin world. TRON currently leads all networks in total stablecoin transfers year-to-date, and USDT supply on TRON surpassed $80 billion back in July — something no one would’ve predicted a few years ago.

Leo Chan, a small business owner in Asia, explained why this adoption is taking off:

“When I need to make payments at traditional banks, I need to do some paperwork… I may face delays and lose business. With TRON, recipients can instantly get the payment.”

That kind of real-world utility is helping TRON spread beyond just stablecoin transfers. Integrations with platforms such as Chainlink and MetaMask have widened TRON’s footprint, opening doors into DeFi, tokenized assets, and retail payment systems. The latest numbers show TRON’s total accounts have soared past 346 million — insane growth that mirrors the global DeFi boom.

TRON’s DeFi arm, TRONBANK, also secured $10 million recently to accelerate lending and staking products, a move that could boost total value locked (TVL) and strengthen TRON’s ecosystem foundation.

TRON DAO

TRX price prediction: cautious optimism with room to grow

Despite the market’s shaky footing, TRON’s price outlook leans cautiously optimistic. Upside projections depend heavily on network adoption trends and macroeconomic shifts. If bulls manage to take control, TRX could aim for $0.35 next — and potentially $0.50 if momentum snowballs.

With a market cap above $26 billion, TRX currently ranks as the eighth-largest crypto asset, and intraday trading volume has already surpassed $535 million. The token last touched its all-time high at $0.44 in December 2024, meaning it isn’t too far removed from previous peak levels.

Technical indicators add a little fuel to the bullish case: a double-bottom pattern formed in early November hints at a possible reversal. TRX has rebounded slightly, although it’s still sitting inside a broader downtrend. RSI sits under 50 but is curling upward, and MACD on the daily chart is close to a bullish crossover — both signs that momentum may be shifting.

Final thoughts

TRON isn’t exploding upward yet, but it’s holding steady, attracting new integrations, and quietly stacking adoption numbers most networks would kill for. If bulls defend the $0.27–$0.28 range and macro conditions cooperate, TRX could be setting the stage for a larger move. Here is where patience might start paying off.

The post TRON Holds Steady Near $0.28 — Here Is Why TRX Could Be Quietly Setting Up for a Bigger Move first appeared on BlockNews.

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