## TRON (TRX) Overview
TRON (TRX) is the native token of the Layer 1 blockchain platform launched in 2017 by Justin Sun. TRON transitioned from Ethereum to its own blockchain in 2018 and uses Delegated Proof-of-Stake (DPoS) consensus with 27 super representatives elected every 6 hours. The platform focuses on a decentralized internet, supporting dApps, DeFi, NFTs, and high-throughput content platforms (10,000 TPS). TRX is used for transaction payments, staking, governance, and interaction within the ecosystem (e.g., USDT transactions). TRON leads in USDT volume ($81 billion, 92% of USDT transactions). Supported by Binance, KuCoin, Bybit, but not Coinbase.
- Price (July 12, 2025): ~$0.287–$0.304 (CoinMarketCap, CoinGecko, CoinDesk).
- Market capitalization: ~$24.73–$28.49 billion (rank ~8).
- Trading volume (24h): ~$298.13–$1.14 billion, decrease of 16.4–50% over 24 hours.
- News:
- SRM Entertainment launched a treasury of $100 million with 365 million TRX for yields up to 10% (July 1, 2025).
- Launch of USD1 trading pairs on TRON (USDT/USD1, TRX/USD1) via SunPump (July 7, 2025).
- The Russian corporation Rostec announced the ruble-backed token RUBx on TRON (July 4, 2025).
- Negative: hack of DAO X and Curve Finance ($45K losses, May 6, 2025); cyberattack with fake wallets (July 4, 2025).
## Technical Analysis
- Current situation: The price of TRX has fallen by 35.84% from ATH ($0.4407, November 2024) and is trading at $0.287–$0.304, with a change of -0.07–+0.25% over 24 hours and +2.47–3.55% over 7 days. An upward channel is visible on the daily chart with support at $0.274 and resistance at $0.332. RSI is neutral, a breakout is possible.
- Key levels:
- Support: $0.274–$0.280 (50-day SMA, 0.618 Fib level).
- Resistance: $0.332, then $0.440.
- Indicators:
- RSI (daily): ~58–73, neutral-bullish zone, with bullish momentum.
- MACD: Neutral, with a hint of a bullish crossover; histogram in the negative zone (-7.01).
- SMA: Price above the 20-day ($0.273) and 50-day ($0.266) SMA, but below the 200-day ($0.310).
- Volumes: Decrease from $747.89 million (June) to $298–$550 million, but increase in activity after the news about RUBx and Binance Alpha.
- Chart: Price testing $0.287–$0.304 in an upward channel. Closing above $0.332 may raise the price to $0.440; breaking $0.274 will intensify the drop to $0.250. Check on TradingView (TRX/USDT) or CoinMarketCap.
## Fundamental Factors
- Positive:
- Leadership in USDT: $81 billion in circulation, 92% of USDT transactions, low fees.
- Ecosystem: 67 million accounts with USDT, 65 million transactions in June, 600+ dApps (BitTorrent, 888Tron).
- Partnerships: SRM Entertainment ($210 million treasury), Rostec (RUBx), Binance Alpha (trading pairs).
- Bullish sentiment: 60–73% of posts on X are optimistic (@justinsuntron, @Cointelegraph).
- Risks:
- Volatility: decrease of 0.46% over 24 hours, pressure from cyberattacks (July 4, 2025).
- Regulatory risks: SEC scandals involving Justin Sun, uncertainty with ETFs.[](https://cointelegraph.com/tron-price-index)
- Competition with Ethereum, Solana, Polkadot in DeFi and dApps.
- High token concentration: 45% with the fund and Sun.
## Recommendations
- Traders: Buy when holding $0.280 (target $0.332–$0.440, stop-loss $0.274). Sell on a break of $0.274 (target $0.250). Watch for volumes and news about RUBx and ETF.
- Investors: Growth potential is linked to USDT dominance and dApps, but regulatory risks and volatility require caution. Watch for news about TVL and Binance Alpha.
- Monitoring: Follow X (@justinsuntron, @trondao) and charts on TradingView.