TRX price regained investor attention after World Liberty Financial launched the Trump-linked USD₵1 stablecoin, backed by Justin Sun. Minted on Tron, it coincides with the TRX testing $0.286 resistance.
Justin Sun confirmed the launch on X, with on-chain validation via TRONSCAN. Network metrics surged, with Tron’s stablecoin cap rising from $77.18B on June 10 to $79.04B on June 12, a $1.86B increase in just two days, alongside a new user activity peak.
Justin Sun the Founder of TRON cryptocurrency was among the top contenders invited to Trump’s crypto dinner in May 2025, signaling deeper alignment with U.S. pro-crypto policy and boosting sentiment around the TRON ecosystem.
Compared to earlier in June, when Tron Coin was attempting a clean breakout above $0.286 with bullish momentum behind it, the current setup presents a more cautious tone.
Previously, TRX was in the midst of a rally, gaining over 7.45% weekly and pushing toward the $0.30 psychological level. As of now, price has retreated back to $0.274, testing key trendline support.
The failure to close above $0.286 — now a confirmed multi-test resistance — signals exhaustion rather than continuation.
DeFiLlama shows 2.31M returning users on June 12 — slightly below the June 6 peak of 4.58M, signalling decline in network activity.
According to IntoTheBlock, 60.03% of TRX holders are currently in profit, up roughly 3% since the stablecoin news, while 32.18% are at breakeven and 7.80% remain in loss.
This suggests reduced sell pressure from profitable holders, though the high concentration of breakeven wallets around $0.281–$0.290 may still act as near-term resistance unless volume and sentiment strengthen.
This reduces selling pressure. Still, many breakeven holders near $0.281–$0.290 reinforce resistance.
TRON’s stablecoin market cap is now $79.04B, rising $1.86B in 7 days. USDT dominates with 99.01% share, confirming Tron’s relevance in stablecoin flows.
TRX sits at a pivotal zone where technical fragility meets growing on-chain strength. If bulls reclaim $0.286 and trigger a daily close above, momentum could rapidly accelerate toward $0.290 and $0.30 zones that would validate the recent breakout narrative.
Should this move coincide with an uptick in whale activity or stablecoin inflows, expect broader market confidence to follow, possibly pushing the price even higher. In that scenario, $0.32 becomes a feasible short-term extension.
However, if the price continues to hover below $0.286 without new volume or catalyst support, consolidation could extend. A breakdown below $0.275 would open the path to $0.268, especially if momentum metrics like MACD and RSI continue to weaken.
As of now, TRX holds in a neutral-bullish structure, but time is running short for buyers to defend the trend. The next 48–72 hours will likely dictate whether TRX rallies or rolls into deeper correction
New Zealand has a unique crypto approach; it treats digital currencies as property rather than…
As the Bitcoin price is heading close to the ATH, interesting events unfold within the…
July 5, 2025 05:45:19 UTC Arthur Hayes Warns BTC Price Could Dip to $90K After…
On July 3, PEPE recorded a high of $0.0000107, marking its strongest price in over…
Bitcoin (BTC) price has been rejected by two subtle and important resistances in the past…
Few tokens have stirred as much chaos and charm as Dogecoin. What started as a…