TRON News July 21, 2025: Will the Bullish Momentum Persist?

TRON rose 0.73% to $0.3128 on July 21, 2025. Can this bullish trend hold?

On July 21, 2025, TRON (TRX) is once again capturing the attention of the crypto market. Known for its focus on building a decentralized internet and supporting decentralized applications (dApps), TRON is trading at $0.3128, up 0.73% in the past 24 hours. Is this the start of a major rally, or just a fleeting spike in the volatile crypto world? Let’s dive into what’s driving TRON’s latest price action. TRON has always stood out for its dynamic ecosystem and active community. Launched in 2017 by Justin Sun, the blockchain has grown significantly, aiming to provide a platform for digital content and dApps. Recently, TRON broke out of a triangle pattern on the daily chart, with rising trading volume signaling strong buyer interest. Priced at $0.3128, it faces a key resistance at $0.32. If it can’t break through, a pullback to support levels at $0.28 or even $0.26 could be on the horizon. So, what’s fueling this renewed excitement? A major driver of TRON’s recent gains is its robust network activity. Reports indicate that TRON processes over 14 million USDT transactions weekly, accounting for roughly 69% of all USDT activity. This massive volume reflects growing trust in TRON’s infrastructure. Plus, rumors of potential TRON ETF approvals in the U.S., particularly from firms like Grayscale, are adding to market optimism. TRON’s recent partnership with LayerZero to launch the TRUMP token has also drawn attention, though the community response has been lukewarm. But can these factors sustain the upward trend? Technically, TRON is moving within an ascending channel, sitting above its 50-day and 200-day moving averages—a sign of market strength. However, the RSI on the daily chart is at 51.48, suggesting a neutral market, neither overly bullish nor bearish. If buying pressure builds, breaking the $0.32 resistance could open the door to $0.35. But if sellers step in, support levels at $0.28 and $0.26 could prevent a deeper drop. The crypto market always keeps us guessing, doesn’t it? External factors are also shaping TRON’s path. Positive regulatory news, like the U.S. signing the GENIUS Act to regulate stablecoins, has boosted demand for blockchains like TRON. Yet, competition from other networks like Solana, which generated $271 million in Q2 2025 revenue, poses a challenge. A slowdown in new wallet activity or profit-taking by long-term holders could also create downward pressure. These dynamics remind us to tread carefully. For investors, these swings offer both opportunity and risk. Long-term holders might find confidence in TRON’s strong network activity and institutional support. Short-term traders, though, need to stay sharp, watching key support and resistance levels and managing risk carefully. TRON always finds a way to stay in the conversation, doesn’t it? In the end, TRON remains a crypto frontrunner. Despite growing competition, its robust ecosystem and focus on stablecoins and dApps paint a promising picture. If you’re thinking of jumping in, do your homework and have a clear plan. The crypto market is full of potential, but patience and precision are the keys to success.