Tron’s USDT supply hits ATH—So why is TRX still below $0.27?
The post Tron’s USDT supply hits ATH—So why is TRX still below $0.27? appeared on BitcoinEthereumNews.com.
Long-term holders and USDT growth highlighted Tron’s improving fundamentals, but exchange flows remain mixed. TRX is still range-bound, with weak sentiment and resistance near $0.273 limiting upside potential. Tron [TRX] is showing strong fundamental growth, with long-term holders surpassing 2.66 million and the USDT supply on the network reaching $71 billion, just shy of Ethereum’s $75 billion. These trends highlight growing conviction in the Tron ecosystem and rising liquidity strength. However, despite these positive fundamentals, the token’s price has struggled to break out of its sideways consolidation range, signaling that other market forces are still at play. Exchange activity remains cautious as profitable holders eye… While fundamental growth has been notable, exchange flows offer a neutral-to-cautious outlook. At the time of writing, TRX saw $24.69 million in inflows against $18.44 million in outflows, suggesting mild sell-side pressure. For a sustained rally to occur, consistent net outflows would need to signal investor accumulation away from exchanges. So far, that trend has not taken hold. Source: Coinglass Besides, IntoTheBlock data shows that 81.25% of TRX holders remain “in the money,” while only 12.23% are underwater. This high profitability level can be a double-edged sword. On one hand, it reflects strong historical buying levels and reduces panic selling. On the other hand, it increases the likelihood of profit-taking if the price rallies toward the upper resistance near $0.27. Therefore, while investor positioning looks healthy, it may paradoxically suppress upside momentum as traders rush to secure gains. Retail growth and fragile sentiment reveal… Retail activity has surged, with transactions between $0 and $1 increasing by over 10%. Meanwhile, large transactions in the $1 million to $10 million range have jumped 568%, indicating significant high-value movement. However, mid-tier transaction activity—ranging from $100 to $10,000—has declined, signaling weakness in this investor segment. This uneven distribution suggests…
Filed under: News - @ May 5, 2025 7:23 pm