google-news-img

Tron Coin’s Price Action Takes An Interesting Turn, What To Expect

    • TRX is showing strength after breaking a long-term downtrend, breaking below $0.2400 is a strong sell.

    • CanaryFunds files for staked ETF.

    • TRON surpassed 130 million addresses

TRON (TRX) price broke above a descending trendline resistance that had held its price since the start of the year 2025.

The filing for a staked ETF combined with increasing active addresses could see TRON price maintain a stay above this trendline.

TRON Coin Price Prediction

The TRX market demonstrated new bullish momentum by crossing a long-standing descending line which served as resistance since late 2024.

Price action reached the $0.2430 level when this crucial breakout occurred while the trendline started at $0.34 in the market.

A period of bullish momentum enabled TRX price to rise towards $0.2600 but the price had to pull back immediately after reaching this resistance point.

The upcoming price action may find support at $0.2384 combined with $0.2428 which stands as the major technical level.

While $0.2498 functions as immediate resistance in the present pattern.

A bullish breakout combined with a potential retest pattern suggested that TRX would potentially return to $0.2430 to establish a new trend that would direct it towards $0.2800.

Price movement established a descending triangle pattern across multiple months from January through early April.

TRX price action chart | Source: TradingView

It maintained $0.2384 support levels while its peaks created pressure along the trendlines.

TraderX brought forth bullish momentum upon its recent breakout by clearing both horizontal resistance at $0.2430 and the descending trendline.

Tron coin’s price could reach $0.2800 provided Tron coin managed to stay above $0.2498.

Breach of the $0.2400 resistance level or a drop below $0.2384 support would nullify the bullish pattern and trigger bearish TRX price movements toward earlier support areas.

The bullish trend could continue if TRX prices exceed both $0.2498 and $0.2600 while an incremental decrease below $0.2384 could spawn energetic selling escalating price risks.

CanaryFunds Files for staked ETF

The hook of CanaryFunds consists in including staked TRX within its first regulatory filing for the crypto ETF.

Similar fund structures in the future would benefit from this innovation as it establishes a new industry standard.

The current staking opportunity for Tron (TRX) allows investors to earn 4.5% annually which attracts investors seeking passive asset growth through yield investments.

Document showing staked ETF filing | Source: X

The ETF would initiate as one of the U.S.’ leading funds that integrates embedded staking support at its start.

The development of this ETF has the potential to connect decentralized finance with traditional markets while regulatory systems advance.

Addresses Count Reaches New Milestone

The ascending number of blockchain addresses presented user expansion together with stable network performance throughout the years.

Throughout July 2018 until April 2025 the network accumulated 130.04 million addresses maintaining a stable balance.

User demand for TRON coin as an efficient and cost-effective transaction option appears to be increasing based on this growth pattern.

During this period TRX price reached its highest point at $0.52 which occurred in April 2025.

TRX chart showing addresses | Source: IntoTheBlock

The price variations do not affect the sustained growth in address numbers which signals rising interest from users. Sustained growth demonstrates potential for sustaining a long-term network.

TRON stands out among other blockchains because its network activities demonstrated a steady increase instead of experiencing user drop-offs.

The blockchain momentum likely stems from all the uses it has in stablecoins and smart contracts as well as DeFi which rose in popularity.

The continuous growth in TRON’s platform status works towards becoming the leading blockchain choice in the market.

The 130 million address threshold proved that TRON coin experienced remarkable expansion of its network.

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

Our Newsletter

Subscribe to our newsletter to get the latest news and promotions.

lennox gitonga
lennox gitonga
Lennox is a professional financial market analyst who's enthusiastic about blockchain, cryptos, and web3. He started blogging about cryptos back in 2019 and has since never looked back. His work revolves around looking at crypto-projects analytically on a technical and on-chain level, while also making sure it's palatable to the general audience.