TRX has gained steady traction in this bull cycle, supported by TRON’s expanding role in the stablecoin market and rising on-chain activity. The network recently surpassed Ethereum in total USDT supply, cementing its position as a key infrastructure for stablecoin transfers, particularly in emerging markets.
Other bullish drivers include TRON’s growing integration with real-world asset platforms and its sustained dominance in daily active addresses and transaction count, which have consistently outpaced most layer-1 networks in 2025.
On the daily chart, TRX has bounced back nicely from support at $0.21, climbing to nearly $0.28 this week. It finally broke above the $0.25 resistance level, which had been a tough resistance level since January.
TRX price, 20-day and 50-day EMA chart — May 15 | Source: crypto.news
Tron is now trading inside an ascending channel and sitting just below the top of that range. It’s also moved above the 20-day and 50-day EMAs, which usually signals strength.
If TRX breaks above the $0.28 level, it could push higher toward the $0.45 mark, last year’s high, which would be a 66% jump from current prices.
Dogecoin (DOGE)
Dogecoin doge-4.48%Dogecoin has surged over 42% in the past month and was trading at $0.22 when writing.
The rally comes amid rising institutional interest. Grayscale recently launched a dedicated Dogecoin trust, while 21Shares partnered with House of Doge to introduce DOGE-based exchange-traded products in global markets.
Separately, the Dogecoin Foundation is working to advance real-world adoption of the original memecoin. In collaboration with House of Doge, it aims to onboard one million retailers through the Dogebox toolkit, an open-source solution for integrating DOGE payments.
All of these point to a maturing ecosystem, where Dogecoin has evolved from its memecoin roots into a credible player within the broader decentralized landscape.
On the daily chart, DOGE has broken above $0.242, a key resistance level it struggled with back in March.