Overview of TRX (Tronix) as of July 22, 2025):
đ Price & Market Snapshot
Price: $0.3129 (down ~0.4% today)
24h Range: $0.3084 â $0.3149
7âDay Trend: +3.8%; 30âDay Trend: +15%
đ Technical & OnâChain Insights
TRX is trading near multi-year support/resistance levels: bulls eyeing a breakout above $0.318 after a dip near $0.312 .
Bollinger Bands suggest heightened volatilityâwith support at $0.275 and resistance at $0.327 .
Onâchain data is strong: ~2.7âŻM daily active addresses, ~9âŻM daily transactionsâa +12â16% uptick in the last day .
đ¸ Ecosystem & Revenue
TRON generates about **$2âŻmillion/day in transaction fees **, processing over **$600âŻbillion/month in stablecoin (USDT) volume ** .
It hosts more than half of all circulating USDT issuance on-chain .
đ Recent Headlines
U.S. Listing Plan: Justin Sun's Tron group announced a reverse merger with Nasdaq-listed SRM Entertainment (rebranded as Tron Inc.) backed by $100â210âŻM in token fundingâSEC investigation currently paused .
Stablecoin Strength: Midâyear report confirms TRONâs growing stablecoin hub status, continuing ecosystem expansion .
đ ShortâTerm Outlook
Bullish: A breakout above $0.320â0.327 could lead to a rally toward the $0.40+ range .
Bearish Warning: A drop below $0.270 could trigger a deeper correction .
đ Forecast & Analyst Sentiment
Various models anticipate:
July 2025: range between $0.314â$0.342
Midâ2026 targets: $0.459â$1.08, depending on platform (Changelly vs. Telegaon)
đ§ž Summary
TRX is currently in a tight technical range, with bulls watching $0.318â$0.327 for a breakout.
Onâchain and fundamental metrics (transaction volume, fee revenue, U.S. listing) support a cautiously bullish case.
A breakout could open the gate to $0.40, but a drop below $0.27 would shift the tone lower.