Close Menu
Cryphedge.com
  • Home
  • Crypto News
    • Bitcoin
    • NFT News
  • Altcoins
  • Scams
  • Blockchain
  • Regulations
  • Trading
Facebook X (Twitter) Instagram
Cryphedge.com
  • Home
  • Crypto News
    • Bitcoin
    • NFT News
  • Altcoins
  • Scams
  • Blockchain
  • Regulations
  • Trading
Cryphedge.com
Home » TRX Price Eyes Breakout as Its Stock Up Over 40%
TRX Price Eyes Breakout as Its Stock Up Over 40%

TRX Price Eyes Breakout as Its Stock Up Over 40%

July 17, 20253 Mins ReadNo Comments Bitcoin
Share
Facebook Twitter LinkedIn Pinterest Email

The TRX price has shown remarkable resilience since April 2025, outperforming several major altcoins amid global market setbacks. Despite the stability, investors still missed the spike seen in December 2024, with Trump’s win being the strongest factor.

Now in H2 2025, the factors have increased enormously, like bullish sentiment building around the major acquisition of SRM Entertainment via reverse merger, high on-chain revenue, and technical strength, clearly hinting at something big coming up for TRX crypto.

The token appears to have entered a potentially transformative phase for both traders and long-term investors.

TRX Price: Strong Fundamentals and Rising Optimism

According to analysts, the TRX price on the daily chart has remained firmly in a consistent uptrend since April, navigating May-June market volatility with notable stability. 

Even during the U.S.-Israel-Iran conflict, TRON avoided steep corrections that affected much of the crypto market, clearly indicative of its underlying strength that goes beyond speculation. 

Similarly, it has been evident on the chart that the announcement of a ceasefire was the trigger that brought renewed momentum in the entire sector. Since then, the TRX crypto has continued to push higher alongside top altcoins like XRP, ADA, and others.

Likewise, another major catalyst has been Justin Sun’s acquisition of SRM Entertainment, which has officially become TRON Inc. on NASDAQ on July 17, verified by a pinned post on Justin Sun’s official X account. 

This move has marked a significant step in TRON’s strategy to blur the lines between Web3 innovation and Wall Street’s traditional financial infrastructure. 

TRX Price Eyes Breakout as Its Stock Up Over 40%

As a result of the ongoing optimistic factors and new factors joining, the past few days have been more positive for the markets. For instance, the market responded swiftly, as SRM stock surged more than 40% from $7.50 to $10.50, while TRX price gained nearly 5% in a single session.

On-Chain Strength: Revenue and Utility Drive Conviction

Beyond headlines, the on-chain data paints an equally bullish picture, too. Research on CryptoQuant highlights that the TRON crypto is currently generating an average of $2 million in daily revenue, which is entirely through the network fees alone. 

What this figure means is that it is one of the most profitable blockchains, which has strong growing utility and demand from users and developers alike.

In parallel, another insight reveals that the daily transaction counts have soared beyond 9 million, with the 100-day moving average of transactions nearing all-time highs.

This sustained user engagement and fee generation is reinforcing the long-term outlook for the network. These consistent activity levels, when paired with bullish technical patterns, show that a major movement is on the horizon.

Institutional Interest and Technical Setup Align For TRX Price Growth

The scale of capital flowing into TRX shows a broader rise in institutional interest. Data from Defi_Zee shows that the WLFI acquired 40.71 million TRX by investing $9.83 million at an average price of $0.242, and is now sitting with a 25% unrealized profit.

Also, TRON Inc. (formerly SRM) purchased 365 million TRX crypto, investing $100 million at $0.274 is sitting up 10% already.

TRX Price Eyes Breakout as Its Stock Up Over 40%
TRX Price Eyes Breakout as Its Stock Up Over 40%
Source: cryptoQuant

Technically, the TRX price is aimed at testing the $0.32 resistance while forming an ascending triangle on the weekly chart. 

According to CryptoQuant’s technical insights, this structure increases the probability of a breakout and could turn its ATH in a single spike last seen in Q4 2024.

However, analysts also warn that traders should remain wary of potential fake-outs or short-term pullbacks before a sustained upward move materializes.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
cryphedge

Related Posts

Why $60K Is the Ultimate Bitcoin Floor: K33 Research

May 20, 2026

How Vulnerable Is Bitcoin to Quantum Computing?

May 20, 2026

Ethereum retests $2,100, but could ETH crash amid technical breakdown?

May 20, 2026

Coins.ph adds Bitcoin and Ethereum to Philippines QR payments

May 20, 2026
Add A Comment

Comments are closed.

Editors Picks

Bitcoin is left stranded as Fed projections flip to 54% chance of rate hikes this year

May 20, 2026

Why $60K Is the Ultimate Bitcoin Floor: K33 Research

May 20, 2026

CME Bitcoin volatility futures bring a VIX-style trade to BTC

May 20, 2026

How Vulnerable Is Bitcoin to Quantum Computing?

May 20, 2026
About

cryphedge is an online news portal that aims to share the latest crypto news, bitcoin, altcoin, blockchain, nft news, regulation, trading, crypto scams and much more stuff.

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Singapore Gulf Bank tackles global finance hurdles with crypto-focused SGB Net launch

May 1, 2025

Ripple Partners Riyad Bank for Saudi Arabia’s Vision 2030

January 26, 2026

U.S. Treasury Sanctions 19 Myanmar, Cambodia Entities for Forcing Trafficking Victims into Crypto Scams

September 9, 2025
Subscribe
Please enable JavaScript in your browser to complete this form.
Loading
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$77,714.000.67%
  • ethereumEthereum(ETH)$2,133.510.32%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$651.481.55%
  • rippleXRP(XRP)$1.370.49%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$86.411.89%
  • tronTRON(TRX)$0.3604311.38%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.040.29%
  • dogecoinDogecoin(DOGE)$0.1053561.67%
  • HyperliquidHyperliquid(HYPE)$56.6416.73%
  • whitebitWhiteBIT Coin(WBT)$57.350.67%
  • zcashZcash(ZEC)$668.6214.06%
  • USDSUSDS(USDS)$1.000.00%
  • leo-tokenLEO Token(LEO)$10.060.12%
  • cardanoCardano(ADA)$0.249091-0.28%
  • bitcoin-cashBitcoin Cash(BCH)$377.572.24%
  • moneroMonero(XMR)$399.151.19%
  • chainlinkChainlink(LINK)$9.670.90%
  • CantonCanton(CC)$0.1531902.11%
  • the-open-networkToncoin(TON)$2.043.86%
  • stellarStellar(XLM)$0.1456461.41%
  • USD1USD1(USD1)$1.000.02%
  • suiSui(SUI)$1.115.53%
  • Ethena USDeEthena USDe(USDE)$1.00-0.02%
  • daiDai(DAI)$1.000.01%
  • litecoinLitecoin(LTC)$54.350.46%
  • avalanche-2Avalanche(AVAX)$9.361.74%
  • hedera-hashgraphHedera(HBAR)$0.088929-0.17%
  • MemeCoreMemeCore(M)$2.92-14.84%
  • paypal-usdPayPal USD(PYUSD)$1.00-0.01%
  • RainRain(RAIN)$0.007480-0.11%
  • shiba-inuShiba Inu(SHIB)$0.0000061.25%
  • crypto-com-chainCronos(CRO)$0.0692950.61%
  • Circle USYCCircle USYC(USYC)$1.120.00%
  • BittensorBittensor(TAO)$280.567.95%
  • tether-goldTether Gold(XAUT)$4,522.081.13%
  • Global DollarGlobal Dollar(USDG)$1.000.01%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • uniswapUniswap(UNI)$3.654.39%
  • mantleMantle(MNT)$0.6911.38%
  • nearNEAR Protocol(NEAR)$1.745.30%
  • polkadotPolkadot(DOT)$1.272.63%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.130.46%
  • pax-goldPAX Gold(PAXG)$4,523.671.16%
  • World Liberty FinancialWorld Liberty Financial(WLFI)$0.0619681.21%
  • OndoOndo(ONDO)$0.4055016.18%
  • HTX DAOHTX DAO(HTX)$0.0000021.83%
  • Falcon USDFalcon USD(USDF)$1.000.02%
  • AsterAster(ASTER)$0.694.11%
  • Ripple USDRipple USD(RLUSD)$1.000.01%
  • okbOKB(OKB)$80.940.96%
  • SkySky(SKY)$0.0705512.38%
  • Pi NetworkPi Network(PI)$0.1527942.49%
  • pepePepe(PEPE)$0.0000041.94%
  • usddUSDD(USDD)$1.00-0.01%
  • internet-computerInternet Computer(ICP)$2.571.63%
  • ethereum-classicEthereum Classic(ETC)$9.00-0.08%
  • bitget-tokenBitget Token(BGB)$2.010.54%
  • aaveAave(AAVE)$88.901.20%
  • BFUSDBFUSD(BFUSD)$1.00-0.03%
  • MorphoMorpho(MORPHO)$1.885.64%
  • kucoin-sharesKuCoin(KCS)$8.051.24%
  • USDtbUSDtb(USDTB)$1.00-0.01%
  • quant-networkQuant(QNT)$73.571.03%
  • cosmosCosmos Hub(ATOM)$2.073.05%
  • Spiko EU T-Bills Money Market FundSpiko EU T-Bills Money Market Fund(EUTBL)$1.220.15%
  • algorandAlgorand(ALGO)$0.1176721.46%
  • United StablesUnited Stables(U)$1.000.02%
  • render-tokenRender(RENDER)$1.934.19%
  • Janus Henderson Anemoy Treasury FundJanus Henderson Anemoy Treasury Fund(JTRSY)$1.100.01%
  • Superstate Short Duration U.S. Government Securities Fund (USTB)Superstate Short Duration U.S. Government Securities Fund (USTB)(USTB)$11.090.01%
  • polygon-ecosystem-tokenPOL (ex-MATIC)(POL)$0.0911560.99%
  • Blockchain CapitalBlockchain Capital(BCAP)$105.740.00%
  • EthenaEthena(ENA)$0.1063500.72%
  • kaspaKaspa(KAS)$0.0344821.13%
  • nexoNEXO(NEXO)$0.87-1.35%
  • worldcoin-wldWorldcoin(WLD)$0.2557866.73%
  • Venice TokenVenice Token(VVV)$17.110.07%
  • aptosAptos(APT)$0.961.96%
  • justJUST(JST)$0.0920590.48%
  • ​​Stable​​Stable(STABLE)$0.034333-0.76%
  • filecoinFilecoin(FIL)$0.993.42%
  • gatechain-tokenGate(GT)$7.091.29%
  • flare-networksFlare(FLR)$0.0084641.73%
  • JupiterJupiter(JUP)$0.2101055.10%
  • arbitrumArbitrum(ARB)$0.111305-2.08%
  • xdce-crowd-saleXDC Network(XDC)$0.033721-5.01%
  • dexeDeXe(DEXE)$13.64-2.37%
  • Pump.funPump.fun(PUMP)$0.0017804.81%
  • dashDash(DASH)$48.5813.07%
  • beldexBeldex(BDX)$0.078646-0.36%
  • GHOGHO(GHO)$1.000.00%
  • Pudgy PenguinsPudgy Penguins(PENGU)$0.0092024.31%
  • GreyhuntGreyhunt(HUNT)$24.98616.60%
  • vechainVeChain(VET)$0.0066280.56%
  • OUSGOUSG(OUSG)$115.310.01%
  • Usual USDUsual USD(USD0)$1.000.03%
  • Provenance BlockchainProvenance Blockchain(HASH)$0.010350-1.32%
  • bonkBonk(BONK)$0.0000063.06%