Tron Bounces 18% as PayPal USD Expands to TRON Network

Tron has made a significant recovery, rebounding over 18% after hitting recent lows on September 6. This resurgence highlights increased investor confidence in Tron’s network.

  • Tron integrated PayPal USD (PYUSD) as PYUSD0 through Stargate Hydra, using LayerZero's Omnichain Fungible Token Standard.
  • This integration expands PYUSD's reach across blockchains like Abstract, Aptos, Avalanche, Ink, Sei, Stable, and Tron.
  • Existing versions of PYUSD on Berachain and Flow will upgrade to PYUSD0, unifying the stablecoin deployment.
  • No action is required by users; PYUSD and PYUSD0 remain fungible and interoperable.

For Tron, this development reinforces its role in digital finance and could drive liquidity, adoption, and developer activity.

TRX Price Analysis

Tron (TRX) is trading around $0.3475 after a recent dip, supported by the 50-day moving average at $0.3023.

TRX consolidates below resistance | Source: TRXUSDT chart on TradingView

  • TRX has gained momentum since June, moving from $0.25 to current levels.
  • The September correction tested the $0.32 area but quickly rebounded, showing demand.
  • The 100-day ($0.2738) and 200-day ($0.2055) moving averages are trending upward, indicating a bullish structure.
  • Resistance is in the $0.36–$0.38 zone; a breakout here could lead to $0.40 and beyond.