Overview of TRX (Tronix) as of July 22, 2025):

🔍 Price & Market Snapshot

Price: $0.3129 (down ~0.4% today)

24h Range: $0.3084 – $0.3149

7‑Day Trend: +3.8%; 30‑Day Trend: +15%

📊 Technical & On‑Chain 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 volatility—with support at $0.275 and resistance at $0.327 .

On‑chain data is strong: ~2.7 M daily active addresses, ~9 M daily transactions—a +12–16% uptick in the last day .

💸 Ecosystem & Revenue

TRON generates about **$2 million/day in transaction fees **, processing over **$600 billion/month in stablecoin (USDT) volume ** .

It hosts more than half of all circulating USDT issuance on-chain .

📈 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 $100–210 M in token funding—SEC investigation currently paused .

Stablecoin Strength: Mid‑year report confirms TRON’s growing stablecoin hub status, continuing ecosystem expansion .

📅 Short‑Term Outlook

Bullish: A breakout above $0.320–0.327 could lead to a rally toward the $0.40+ range .

Bearish Warning: A drop below $0.270 could trigger a deeper correction .

📅 Forecast & Analyst Sentiment

Various models anticipate:

July 2025: range between $0.314–$0.342

Mid‑2026 targets: $0.459–$1.08, depending on platform (Changelly vs. Telegaon)

🧾 Summary

TRX is currently in a tight technical range, with bulls watching $0.318–$0.327 for a breakout.

On‑chain 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.

$TRX