Tron thrives with USDT growth and strong network activity, but economic pressures hinder short-term gains.
On June 2, 2025, Tron (TRX) is trading around $0.27, down 1.36% in the past 24 hours. This price dip occurs amid global trade tensions and tight Federal Reserve policies impacting the crypto market. However, unprecedented USDT volume and robust network activity provide a positive mid-term outlook for Tron. Technical analysis shows TRX consolidating between $0.269 and $0.273, with key support at $0.26. A break below this could push prices to $0.243. Conversely, resistance at $0.28, if broken, could drive TRX to $0.38. Analysts note a symmetrical triangle pattern on the daily chart, suggesting a potential breakout to $0.377. Tron continues to lead in stablecoin transfers, particularly USDT. In May 2025, USDT transfer volume on Tron reached $611 billion, surpassing Ethereum. This growth reflects user trust in Tron’s high speed and low fees. Daily active addresses have hit 2.4 million, indicating widespread adoption. Additionally, the total value locked (TVL) in Tron’s DeFi protocols has reached $23 billion, signaling increased ecosystem activity. Tron ETFs are gaining traction. A recent application by Canary Capital for a spot Tron ETF with staking features has boosted institutional interest. The estimated 65% chance of SEC approval could drive significant capital inflows. Furthermore, Tron’s support for stablecoin-linked Visa cards on platforms like Offramp has strengthened its adoption in global payments. However, macroeconomic pressures, such as new trade tariffs and uncertainty over interest rates, could hinder short-term growth. Whale activity is mixed; some are accumulating TRX, but recent large transfers, like the movement of 8.7 billion TRX, have raised concerns about potential sell-offs. Regulatory risks, particularly with the SEC’s DeFi policy roundtable in June 2025, could also impact market sentiment. Given these dynamics, TRX faces short-term challenges due to economic pressures and market volatility. However, mid-term prospects are bullish, driven by USDT growth, network activity, and ETFs. Investors should monitor key support and resistance levels and macroeconomic developments. Ultimately, Tron’s high speed, low fees, and dominance in USDT transfers make it a leading blockchain in the crypto market. However, competition with Ethereum and Solana and regulatory risks could pose long-term challenges.
Market Sentiment
The article predicts a short-term bearish trend for Tron, with mid-term bullish potential.
Key Points:
- USDT growth
- Network activity
- Economic pressures