TRON (TRX) Price Surges as Network Hits 13 Billion Transactions
TLDR
TRON (TRX) is trading at $0.2841-$0.2886, up 3.05% weekly with daily gains of 0.27-2%
The network has processed over 13 billion transactions with daily volume averaging 8 million transactions
Technical indicators show bullish momentum with TRX trading above major moving averages and RSI at 63
Short-term resistance sits at $0.29-$0.30 with potential targets of $0.31 and $0.45 by year-end
2025 price predictions range widely from $0.226 to $0.62 across different analysis platforms
TRON is trading at $0.2841 to $0.2886 across exchanges, marking daily gains between 0.27% and 2%. The cryptocurrency has posted a 3.05% increase over the past week.
Trading volume shows mixed signals. Daily trading volume reached $343.98 million, down 22.99% from the previous day. However, derivative activity increased with open interest rising 2% and trading volume surging 29%.
The network has achieved a major milestone by processing over 13 billion total transactions. Daily transaction counts now average more than 8 million, according to CryptoQuant contributor Darkost.
Much of this transaction volume comes from Tether (USDT) transfers. TRON has become a practical payment system for users in countries with volatile currencies or limited banking access.
In Argentina, people use stablecoins on TRON to purchase household goods. The network serves as a payment rail between Asia and Latin America for stablecoin transfers.
Technical Analysis Shows Bullish Momentum
TRX is trading above all major moving averages, including the 10-, 20-, 50-, and 200-day periods. The price is moving along the upper Bollinger Band, which indicates rising momentum when supported by volume.
The relative strength index (RSI) sits at 63, showing bullish conditions without reaching overbought territory. The MACD indicator displays an upward-pointing signal line with continued positive momentum.
Technical analysts identify strong support levels at $0.25 and $0.22. The 200-day Simple Moving Average provides reinforcement near the $0.25 level.
Short-term resistance appears at $0.29 to $0.30. If TRX breaks through this level, the next target sits around $0.31, which was last tested in mid-June.
Price Predictions Vary Widely for 2025
CoinCodeCap Trading sees potential for TRX to reach $0.45 by year-end 2025. They recommend buying near $0.25 support levels and setting stop-losses below $0.25 to manage risk.
🚨 $TRX Setup – Strong Uptrend
Still one of the few altcoins in Channel Up 📈
Ideal buy zone: $0.25 + 200 SMA
▪️ Near-term target: $0.30 (+20%)
▪️ Long-term target: $0.45 (by end 2025)
🛑 Stop below $0.25
—
📊 Key Levels
▪️ Support: $0.25 → $0.22
▪️ Resistance: $0.30 → $0.45… pic.twitter.com/UOIDY80XF0
— CoinCodeCap Trading (@c3_trading) July 5, 2025
DigitalCoinPrice presents a bullish outlook, predicting TRX could surpass $0.62 by the end of 2025. This forecast assumes continued positive market sentiment and investor inflows.
Changelly offers a more conservative view. Their technical analysis suggests a 2025 maximum of $0.266, which would represent a -6.4% return from current levels.
For July 2025 specifically, Changelly anticipates an average price of $0.294. This would provide a short-term return of 7.7% from current trading levels.
The wide range of predictions reflects different approaches to technical analysis and market sentiment assessment. Forecasts span from $0.226 to $0.62 for 2025.
If TRX fails to hold above the 20-day moving average, traders expect a retest of support near $0.2770. Volume continues to support the current upward trend, reducing the likelihood of a false breakout.
The cryptocurrency maintains its position above key technical levels while transaction activity on the network continues to grow at a steady pace.
The post TRON (TRX) Price Surges as Network Hits 13 Billion Transactions appeared first on CoinCentral.
Filed under: News - @ July 7, 2025 10:29 am