Tron price rallied to its highest degree since December final yr as the quantity of transactions and community charges rose.
Tron (TRX) token jumped to a excessive of $0.28 on Could 14, up by 36% from its lowest degree in 2025.
Nansen information reveals that Tron was the third most energetic blockchain community in the final seven days. It dealt with over 60 million transactions, a 4.8% weekly enhance. Solana (SOL) and Base processed 433 million and 67 million transactions in the identical interval.
Tron’s quantity of energetic addresses rose by 1% in the final seven days to over 6 million. In distinction, Ethereum (ETH) dealt with 9.45 million transactions and had 2 million energetic addresses in the identical timeframe.
Extra information reveals that Tron has turn into the second most worthwhile participant in the crypto business after Tether. In accordance with TokenTerminal, it has generated $1.24 billion this yr, greater than Ethereum, Solana, and BNB Chain mixed.
Tron’s success comes from its USDT enterprise. In accordance with TronScan, its USDT buying and selling quantity stood at over $104.2 billion on Tuesday as the quantity of transfers rose to 2.47 million.
Tron token has additionally jumped as its provide continued falling as a result of of its every day burn charge. The availability has dropped to 94.9 million, down from 96.5 million in the identical interval final yr.
TRX can be benefiting from elevated staking inflows as buyers search to generate the approximate 4.50% annual yield. Information shows a web enhance of 379 million TRX staked on Tron over the final 30 days. This introduced the whole staking market cap to $11.16 billion and the staking ratio to 42.55%.
Tron price technical evaluation
The every day chart reveals that TRX has rebounded from key help at $0.2165 to a excessive of $0.2800 this week. It flipped the essential resistance degree at $0.2584, a degree it had struggled to interrupt above a number of occasions since January.
Tron has shaped an ascending channel and is now a few factors under its higher boundary. It has additionally moved above the 50-day Exponential Transferring Common. In the meantime, the Superior Oscillator has remained above the zero line since March, whereas the Relative Energy Index has climbed above the overbought threshold.
Due to this fact, a transfer above the higher aspect of the channel at $0.2800 will level to extra good points, probably to the 2024 excessive of $0.4467, up by 64% from the present degree.
