Top 4 reasons why Tron price may surge 55% soon
2025-07-04 10:45:44
Main Idea
The article outlines four key reasons why Tron (TRX) price may surge by 55%, including technical indicators, growing market share in stablecoins, strong financial performance, and strategic corporate actions.
Key Points
1. Tron's price has rebounded from $0.26 in June to $0.28, showing a 42% increase from its lowest level this year.
2. Technical analysis suggests a bullish breakout potential, with targets at $0.3773 and $0.4483, indicating a possible 56% surge.
3. Tron dominates the stablecoin industry, processing over $639 billion in adjusted volume in 30 days, surpassing other major blockchains.
4. Tron generated $3.2 billion in revenue over the past 12 months, outperforming Ethereum, Solana, BNB Chain, and others combined.
5. A reverse merger with SRM Entertainment, involving a $100 million TRX token accumulation, could further boost Tron's market position.
Description
Tron price has crawled back in the past few days, moving from a low of $0.26 in June to the current $0.28. It has jumped by over 42% from its lowest level this year. This article examines the key factors that may contribute to a 56% surge in the coming weeks. Tron price technicals suggest a surge is coming The daily chart indicates that the TRX price bottomed at $0.2015 in February and subsequently began to recover gradually to the current $0.2865. TRX has moved above the 50-day and 100-day Expo...
Latest News
- Best summer DeFi pick, Toncoin holds, while a hidden gem eyes 20X growth2025-07-04 11:49:58
- Top crypto for 50× gains in 2025, still under $0.04 and climbing fast2025-07-04 11:49:34
- Most overlooked token of July, LINK gains traction while this altcoin sets up2025-07-04 11:00:20
- Best summer crypto picks, ETH, SOL, and one hidden gem with 200% potential2025-07-04 10:59:48
- Top 4 reasons why Tron price may surge 55% soon2025-07-04 10:45:44