TRON (TRX) is gaining attention again as its price steadily climbs, breaking through key resistance levels and setting the stage for a potential surge toward $0.286 and possibly $0.40. With both technical charts and on-chain data pointing in a positive direction, TRON is shaping up to be one of the more resilient altcoins in the current market.
After several weeks of slow but consistent growth, TRON is once again in the spotlight. Currently trading around $0.277, the token has successfully pushed past the short-term resistance level at $0.273. This breakout is being closely watched by traders, especially as TRX continues to form a series of higher highs and higher lows — a classic sign of a healthy uptrend.
Technical analyst Swallow Academy highlighted TRON’s price action, noting how it has respected the 100-day and 200-day exponential moving averages (EMA) for months. These indicators have provided solid support during minor pullbacks, signaling that buyers are defending TRON’s structure with confidence.
Analysts are now watching the $0.286 level as the next near-term resistance, with $0.40 emerging as a more ambitious mid-term target. If current momentum continues, TRON could gradually push toward those levels, especially if broader crypto sentiment holds steady.
Zooming into the 2-hour chart, TRON has shown renewed strength after bouncing off the $0.266 support zone. This area had served as a base through several sessions, and the rebound signaled that bulls were regaining control.
Crypto analyst Crypto King notes that the recent move above $0.273 opens the door for TRX to test the $0.286–$0.290 zone, which lacks significant resistance. If bulls can maintain volume and close above $0.273 with conviction, it would confirm a short-term breakout that aligns with the broader uptrend.
This recent price action suggests that momentum is shifting back in TRX’s favor — and it’s not just technical charts supporting that theory.
On-chain data is providing solid fundamentals behind TRON’s rally. This week, TRON crossed a major milestone: over $80 billion worth of USDT (Tether) now circulates on the network, surpassing Ethereum in total stablecoin supply.
This achievement isn’t just symbolic. It underscores TRON’s dominance as a preferred blockchain for fast and low-cost stablecoin transactions, especially in regions with limited access to traditional financial systems.
The growing USDT supply adds utility and demand for the TRON network, and in turn, supports the value of its native TRX token. As network usage grows, so does the long-term bullish case for TRON.
TRON’s strong fundamentals go beyond USDT numbers. Recent data from EMCryptohub shows that 87% of TRX holders are currently in profit — an impressive stat during a period of market volatility. This figure suggests strong investor sentiment and resilience, even when many other altcoins are struggling.
In addition, 80% of TRX’s total supply is held by large holders, and over $1.72 billion in large transaction volume has been recorded in just the past week. These are signs of robust network activity, institutional-level interest, and consistent liquidity — all of which strengthen the bullish outlook.
As momentum builds, comparisons are being made between TRON and other major altcoins. Analyst @genelambo recently suggested that TRX could begin to outperform XRP in the near term.
XRP has been stuck in a sideways trading range for weeks, while TRON has been climbing steadily. With both price action and on-chain data favoring TRON, it’s not surprising that some analysts are seeing TRX as the stronger of the two for now.
On Wednesday, TRX tapped $0.274 with a strong green candle — a signal that buyers are regaining control and setting the stage for the next leg up.
TRON may not dominate headlines like Bitcoin or Ethereum, but it’s quietly proving to be one of the strongest players in the altcoin space. Its technical structure remains bullish, supported by moving averages and clean uptrend channels. On the fundamental side, TRON’s expanding USDT dominance and high percentage of profitable holders provide solid footing for further gains.
With TRX pushing past short-term resistance and a breakout toward $0.286 in sight, the next few weeks will be key. If momentum continues and broader crypto sentiment stays supportive, a move toward the $0.40 level could be within reach.
For traders and long-term holders alike, TRON is a name worth watching closely as it navigates this breakout opportunity.
Get the latest Crypto & Blockchain News in your inbox.