TRX Handles Over $21 Billion in USDT Transfers, Beats Ethereum
Tron’s token TRX is getting a lot of attention. In just one week, the Tron network handled more than $21 billion worth of USDT stablecoin transfers. That’s much more than Ethereum, which only managed about $8 billion. Because of this, Tron is becoming more popular in the crypto world.
Right now, the TRX price is around $0.287, up by nearly 4% in the last week. The Tron network has already processed over 13 billion transactions, showing that more people are using it. This makes it one of the most active blockchain networks today.
Many new projects are joining Tron, including DeFi platforms, real-world asset tokens, and even fun tokens like the Trump meme coin. Also, a company called SRM Entertainment recently staked 365 million TRX (about $100 million) to earn rewards, which shows that big investors are also trusting Tron.
From a chart view, TRX is showing a cup-and-handle pattern, which is usually a sign the price could go up. If the price crosses $0.30, it might move higher toward $0.34. Some market indicators like RSI and MACD also show strength.
Impact :
TRX might go higher if stablecoin use and DeFi projects keep growing. But if the market slows down, the price could fall back to around $0.27.