Tron on June 9, 2025: Will TRX Reach $0.3?

TRX traded at $0.272 on June 9, 2025. Will network growth and USDT drive a bullish trend?

On June 9, 2025, Tron (TRX) traded at approximately $0.272, reflecting a slight 0.5% decline from the previous day. This movement follows a volatile week where TRX saw a 4% gain. Analysts suggest Tron is consolidating in the $0.27-$0.28 range, but several factors could drive it toward the $0.3 target. Technical analysis shows TRX trading in a horizontal channel between $0.26 and $0.28. The MACD indicator on the daily timeframe displays a bullish crossover, signaling strengthening momentum. The Relative Strength Index (RSI) at around 53 indicates neutral conditions with a bullish tilt. A breakout above $0.28 resistance could push TRX toward $0.3-$0.32. Otherwise, it may fall back to the $0.26 support level. A key driver of TRX’s price is the high volume of USDT transactions on the Tron network. In May 2025, Tron processed over $611 billion in USDT, surpassing Ethereum. This surge in network activity, combined with the recent Chainlink price oracle integration, has bolstered investor confidence. Additionally, Tron’s DeFi total value locked (TVL) reached $6.5 billion, reflecting broader adoption. Recent news has also impacted TRX’s price. U.S.-China trade talks on June 9 could increase global liquidity, supporting risk-on assets like TRX. However, concerns about the SEC’s upcoming DeFi regulatory roundtable on June 9 could create downward pressure. Moreover, a transfer of 8.7 billion TRX to exchanges last week has sparked speculation about potential whale selling. Institutional demand is also rising. On June 2, Tron surpassed Cardano in market capitalization, and speculation about a TRX ETF with staking capabilities continues. These developments could generate new demand for TRX. In the long term, analysts are optimistic, forecasting TRX could reach $1-$3 by 2030, driven by continued network growth and regulatory clarity. Investors should remain cautious of short-term volatility and regulatory risks. Overall, TRX’s strong network backing and growing demand make it an attractive asset, but it requires careful analysis and risk management.