The Tron price has remained range-bound lately, fluctuating between $0.2210 and $0.2595. Despite this, the network is gaining serious traction on multiple fronts.
At the time of writing, TRX is trading at $0.2430, with a market cap of $23 billion. That makes Tron the ninth-largest cryptocurrency globally.
💰 Tron Becomes One of Crypto’s Most Profitable Chains
According to TokenTerminal, Tron has generated over $985 million in fees this year. That makes it the second most profitable project in crypto—behind only Tether.
In fact, Tron has outperformed both Ethereum and Solana, which earned $388 million and $234 million in fees, respectively. Most of this income comes from stablecoin transactions.
On Friday alone, Tron processed over $33 billion in Tether (USDT) transactions with 2.1 million transfers. Nearly 1 million accounts were involved in these transfers, according to Tronscan.
🌐 DeFi Growth Fuels More Momentum
Tron’s DeFi ecosystem is also thriving. DeFi Llama reports a 20% weekly increase in token volume, reaching $1.06 billion. In the past month, Tron handled more than $3.45 billion, securing its spot among the top DeFi chains.
This rising activity adds fundamental strength to the TRX price outlook.
📈 TRX Technicals Hint at Breakout
The daily chart shows TRX stuck in a tight range for months, moving between support at $0.2165 and resistance at $0.2585.
However, momentum is building. TRX has moved above its 50-day moving average, and both the MACD and Relative Strength Index (RSI) are showing bullish divergence.
If the price breaks above $0.2585, it could confirm a bullish breakout. The next key level to watch would be $0.3085, last reached in mid-December.
On the downside, a drop below $0.2165 would invalidate the bullish setup.
📢 Tron ETF Filing with Staking Feature Sparks Excitement
Tron founder Justin Sun recently confirmed the growing buzz around a Tron ETF. In a post to his 3.8 million followers on X, he shared a link to a filed Form S-1, officially confirming the news.
The filing by Canary Capital aims to launch the first-ever spot TRX ETF—with a twist: it includes a staking component offering up to 4.5% annual yield.
So far, the SEC has never approved a crypto ETF with staking. If granted, this would be a major milestone. For now, Canary’s registration did not specify the exchange where the fund would trade.
This bold move could set Tron apart and further fuel investor interest.
🧠 Final Thoughts
The Tron price bullish breakout may be just around the corner. Strong on-chain revenue, explosive stablecoin use, DeFi growth, and a potential ETF all point toward upside momentum.
If TRX breaks resistance, it could quickly target new highs. But for now, traders are watching closely for a decisive move.