TRON Trading Volume Exceeds $1 Billion Amid Strong Price Rally
TRON (TRX) has continued its August rally, surpassing key resistance levels with trading volume reaching $1.07 billion in the last 24 hours. Current price stands at approximately $0.35, reflecting a 15.3% monthly gain and a 172% increase year-over-year.
- TRX ranks among top gainers on CoinMarketCap due to strong network performance and real-world adoption.
- TRON dominates stablecoin settlements, processing over $625 billion monthly, increasing transactional demand for TRX.
- Despite not being directly accepted in Blue Origin’s crypto integration, TRON benefits from stablecoin activity on its blockchain.
Network Growth and Financial Strength Boost Confidence
- In 2025, TRON processed over 1.8 trillion transactions with a 99.3% success rate; over 70% of transactions had zero gas fees.
- On-chain activity increased by 28% compared to its 250-day average, attracting more developers to payment and gaming dApps.
- TRON Inc.’s Q2 2025 earnings reported $1.47 million net income, a turnaround from previous losses; shareholders’ equity rose 3,500% year-over-year to $111 million.
- These fundamentals have attracted sustained interest from retail and institutional investors, despite profit-taking from long-term holders.
Can TRON (TRX) Reach $1 This Year?
- Analysts suggest breaking above $0.35 could lead to $0.45 in the near term; some predict TRX may reach $1 by September or October if bullish momentum continues.
- Key support lies between $0.30 and $0.32, presenting entry points for cautious investors.
- Resistance at $0.35 is critical; a decisive breakout may pave the way for new highs.
With strong financials, network dominance, and expanding payment use cases, TRON is positioned for a potential rise toward the $1 mark in the coming months if current momentum is maintained.