NewsBTC

1 July 2025

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Tron Network Sees Increased Volume Driven by Large Transactions

Tron (TRX) is testing a key consolidation range between $0.211 and $0.295, which has acted as support and resistance for months. A breakout above $0.295 could lead to significant price increases, while a drop below $0.211 may indicate a deeper correction.

• Large transactions dominate volume on the Tron network, indicating institutional interest.
• Retail transactions remain active, with over 1 million USDT transfers under $1,000.
• Tron's public listing via a reverse merger with SRM Entertainment may enhance its exposure to traditional investors.
• Current trading price is $0.2787, remaining within the established consolidation range.
• The alignment of moving averages suggests a longer-term bullish structure despite recent sideways movement.
• Increased trading volume signals growing trader interest.

The coming weeks are critical for TRX as market conditions evolve. If a breakout occurs, it may lead to new price discovery and higher valuations.