TRON on August 9, 2025: Will the Bullish Run Continue?

TRON, at $0.3278 on August 9, 2025, shows bullish signals but faces potential selling pressure.

TRON (TRX), a standout blockchain in the crypto world, is trading at $0.3278 on August 9, 2025. Known for its lightning-fast transactions and thriving DeFi ecosystem, TRON has been making waves lately. But can it keep its bullish momentum going? Or is the recent selling pressure a sign of a looming correction? Let’s dive into the market data, technical analysis, and key factors to see what’s next for TRON. Over the past few weeks, TRON has shown impressive strength, climbing from a low of $0.30 in early July to its current level. This rise is partly due to the surge in stablecoin transactions, particularly USDT, on the TRON network, which has become a leading blockchain for stablecoin settlements. This creates steady demand for TRX. However, a 1.5% price dip in the last 24 hours and a recent $1.4 billion profit-taking event have raised some eyebrows. Is this just a temporary pause, or a hint of a broader shift? From a technical perspective, TRON is holding steady in an ascending channel, with key support at $0.32, aligned with the 50-day Exponential Moving Average (EMA). The Relative Strength Index (RSI) on the daily chart sits at 53, indicating a balanced market—not overbought or oversold. If TRON breaks through the $0.33 resistance, it could target $0.35 or higher. But if the $0.32 support gives way, the next strong support lies at $0.30. TRON’s ecosystem is one of its biggest assets. The total value locked (TVL) in its DeFi protocols continues to grow, though it recently saw a 33% dip, likely due to investors cashing in on recent gains. Still, the addition of institutional players like Kraken and Chainlink as Super Representatives signals growing confidence in the network. Plus, the burning of over 40 billion TRX in 2025, part of TRON’s deflationary mechanism, could support long-term value growth. But are these factors enough to sustain the upward trend? Recent headlines around TRON’s founder, Justin Sun, have also stirred the pot. His spaceflight in early August 2025 grabbed media attention, indirectly boosting market sentiment. Some believe this kind of publicity could raise TRON’s profile, though its price impact might be fleeting. Meanwhile, rumors of a potential TRON ETF in Western markets have sparked excitement. If approved, it could bring a wave of new capital. That said, TRON faces challenges. Competition from blockchains like Ethereum and Solana remains fierce. Regulatory pressures, especially around stablecoins, could pose risks. Macro factors, like monetary policies and crypto market volatility, also play a role. If Bitcoin and Ethereum keep rallying, TRON could ride the wave. But a broader market downturn might hit TRX harder. For investors, now’s a good time to reassess strategies. Dollar-cost averaging—buying fixed amounts of TRX regularly—can help navigate volatility. Diversifying across assets and avoiding overexposure to one coin is also smart. With its robust ecosystem and growing adoption, TRON remains a compelling pick, but caution and research are key. As of August 9, 2025, TRON is at a pivotal moment. With strong technical and fundamental support, further gains are possible, but recent selling pressure and correction risks keep things uncertain. Can TRON break through key resistance and approach $0.35? That depends on ecosystem growth and broader market conditions. For now, blending careful analysis with solid risk management is the best way to approach this dynamic blockchain.