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TRON Price Breaks Key Resistance as Daily Revenue Soars to $2M

2025-07-17 23:35:30

TRON Price Breaks Key Resistance as Daily Revenue Soars to $2M

Main Idea

TRON's price broke a key resistance level amid bullish market sentiment, supported by a significant increase in daily revenue and the passage of U.S. crypto bills.

Key Points

1. TRON's price showed a 2% intraday gain and broke a key resistance level, with potential for further rally to $0.35.

2. The U.S. House of Representatives passed three crypto bills (CLARITY Act, GENIUS Act, Anti-CBDC Act), boosting TRX price recovery.

3. TRON blockchain generated an average daily revenue of $2 million, with a 2,951% revenue surge in 2021 and a 283% jump in 2023.

4. As of mid-2025, TRON's daily revenue exceeded $13 million on peak days, with a 17% month-on-month growth in May 2025.

5. TRX price broke out of a channel formation, with technical indicators suggesting potential further gains to $0.33 and $0.35.

Description

On Thursday, July 17th, the crypto market experienced heightened volatility as the U.S. House of Representatives passed all…

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