Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
TRON trading volume tops $1B as analysts eye potential $1 price target

TRON trading volume tops $1B as analysts eye potential $1 price target

GrafaGrafa2025/08/13 15:20
By:Heidi Cuthbert

TRON (CRYPTO:TRX) extended its August rally, with 24-hour trading volume reaching $1.07 billion and the price holding around $0.35.

The token has gained 15.3% this month and 172% year-over-year, ranking among the top performers on CoinMarketCap.

TRON’s strength is fueled by its dominance in stablecoin settlements, processing over $625 billion monthly, with growing adoption in high-value transactions and tourism payments.

While not directly involved in Blue Origin’s recent crypto rollout, TRON could benefit indirectly as many stablecoin settlements occur on its blockchain.

The network processed over 1.8 trillion transactions in 2025 with a 99.3% success rate, and over 70% of transactions incurred no gas fees.

On-chain activity is up 28% versus the 250-day average, attracting more developers to payment and gaming applications.

TRON Inc.’s Q2 2025 results showed $1.47 million in net income, reversing prior losses, with shareholder equity surging 3,500% year-over-year to $111 million.

Institutional and retail confidence remains strong despite recent profit-taking by long-term holders.

Analysts say a break above $0.35 could lead to $0.45, with some projecting $1 by September or October if momentum continues.

Support levels sit between $0.30 and $0.32, with $0.35 acting as a key resistance point for bullish confirmation.

At the time of reporting, TRON price was $0.3523.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

2025 TGE Survival Ranking: Who Will Rise to the Top and Who Will Fall? Complete Grading of 30+ New Tokens, AVICI Dominates S+

The article analyzes the TGE performance of multiple blockchain projects, evaluating project performance using three dimensions: current price versus all-time high, time span, and liquidity-to-market cap ratio. Projects are then categorized into five grades: S, A, B, C, and D. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.

MarsBit2025/11/28 16:26
2025 TGE Survival Ranking: Who Will Rise to the Top and Who Will Fall? Complete Grading of 30+ New Tokens, AVICI Dominates S+

Mars Finance | "Machi" increases long positions, profits exceed 10 million dollars, whale shorts 1,000 BTC

Russian households have invested 3.7 billion rubles in cryptocurrency derivatives, mainly dominated by a few large players. INTERPOL has listed cryptocurrency fraud as a global threat. Malicious Chrome extensions are stealing Solana funds. The UK has proposed new tax regulations for DeFi. Bitcoin surpasses $91,000. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively updated by the Mars AI model.

MarsBit2025/11/28 16:26
Mars Finance | "Machi" increases long positions, profits exceed 10 million dollars, whale shorts 1,000 BTC

How much is ETH really worth? Hashed provides 10 different valuation methods in one go

After taking a weighted average, the fair price of ETH exceeds $4,700.

ForesightNews 速递2025/11/28 15:05
How much is ETH really worth? Hashed provides 10 different valuation methods in one go

Dragonfly partner: Crypto has fallen into financial cynicism, and those valuing public blockchains with PE ratios have already lost

People tend to overestimate what can happen in two years, but underestimate what can happen in ten years.

深潮2025/11/28 14:53
Dragonfly partner: Crypto has fallen into financial cynicism, and those valuing public blockchains with PE ratios have already lost