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Cryptocurrency market today saw a positive run, which is growing 2.5%, with all the top 20 cryptocurrency green trading. Top artists have Tron ($ TRX), increased by 1.42% daily and increased by 120% in the last 12 months.
With market capitalization of $ 23.28 billion, Tron The ninth now ranks as the largest cryptocurrency.
Tron’s revenue overtakes atherium and circle
The growing relevance of the tron is largely responsible for its utility. According To Tokenterminal, Network will generate more than $ 1.01 billion in revenue in 2025, it will be placed second for tether in the entire crypto space.
This figure is visually higher than the major stabechoin issuer circle, more than the revenue of Triple Solana, and five times more than the atherium.
A large part of the revenue of the tron is bound by stabechoin uses, especially Titer ($ USDT) transactions.
Trainscan data Shows that Tron has recently become the largest processor of Titer transfer, handling approximately $ 72 billion.
On 22 April alone, the network transformed over 2.2 million and saw about 1 million active transfer accounts.
StableCoin issues are increasing their mint activity on Tron to meet the increasing demand. Since January 2025, Tether, Inc. Has mined more than $ 4 billion $ USDT over Tron Blockchain.
Currently, the network spreads over 65 million wallets of over 65 million wallets of over 69.71 billion dollars in the network, with more than 9.5 million active wallets in April 2025.
Tron’s on-chain activity hits multi-unarmed milestones
While Ethereum still leads in total supply and transfer volume to $ USDT, Tron provides one of the most cost-effective environment for stabeloin transfer, due to massive gas-free transactions.
Tron’s Defee sector is also expanding. According For the Daily Lama, the token volume rose 15% in the last 7 days, reaching $ 548 million.
The network has processed more than $ 3 billion in the previous month, making it one of the most active series in the industry.
On Friday, Canary Capital An application submitted For the US Securities and Exchange Commission (SEC) for a spot tron ETF with a staking component.
The proposed canary stacked TRX will provide direct risk for ETF $ TRX and allow investors to earn stakeing rewards. Located in Nashville, Tenasi, the canary is included in the growing list of pushed firms for altcoin-concentrated ETF.
$ TRX Technical Analysis: Reverse -Reversal Pattern in Risk Risk
At the press time, the $ TRX/$ USDT (Tron to Tethere) indicates the early stages of the one -hour chart.
One of the major indicators is the recession attached pattern that is formed near the $ 0.2485 resistance level.
This candlestick pattern, which occurs when a large red candle completely surrounds the previous green color, is often interpreted as a sign of pressure at the bottom, especially after going upwards.
The $ TRX price action shows a failed breakout above the upper fibonacci extension zone.
After completing the ABC corrective pattern, $ TRX tried to push the higher, but fulfilled the strong resistance around $ 0.2485.
Given Momentum Indicators, MacD has released a recession crossover, with crossings and histogram red turning below the MACD line indicator line.
$ TRX #TRX Analysis: Head highlights
Price action:
TRX is embracing 4h and 1h emas, consolidating above $ 0.244. There is no strong tendency, but the bulls are defending this level. $ 0.2415 recent bounce with support, but the reverse speed is weak. No clear pattern, just range-bound chops. pic.twitter.com/nhqy9xqhq5– Unknown.ai (@unknowtraderai) 21 April, 2025
This supports further views that the speed is turning to the negative side.
On the negative side, the immediate support area is located between $ 0.2440 and $ 0.2435, which has become a major demand area in recent sessions.
A break below this level will open the door for further decline, possibly about the next major support of $ 0.2400.
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