{"id":25015,"date":"2025-05-03T12:46:46","date_gmt":"2025-05-03T12:46:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25015"},"modified":"2025-05-03T12:46:46","modified_gmt":"2025-05-03T12:46:46","slug":"tron-reaches-massive-milestone-is-trxs-price-primed-to-rocket","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25015","title":{"rendered":"TRON Reaches Massive Milestone: Is TRX\u2019s Price Primed to Rocket?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Tron\u2019s network continues to attract users due to its fast transaction speeds and low costs, hence the latest impressive milestone.<\/li>\n<li>At the same time, the native token\u2019s price seems stuck between two major buy and sell walls, with little indication of the direction of the next move.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/08\/TRX_CB-1.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-356098\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/08\/TRX_CB-1.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/08\/TRX_CB-1.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/08\/TRX_CB-1-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/08\/TRX_CB-1-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/08\/TRX_CB-1-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/08\/TRX_CB-1-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/p>\n<p>Although it\u2019s still behind the leader, Ethereum, Tron\u2019s USDT share has skyrocketed in the past few years. <a href=\"https:\/\/tether.to\/en\/transparency\/?tab=usdt\" data-wpel-link=\"external\" target=\"_blank\">According<\/a> to Tether\u2019s transparency page, almost $72 billion worth of the world\u2019s largest stablecoin is on Tron (from the Total Authorized amount), while Ethereum leads with $74.5 billion.<\/p>\n<p>The numbers are even closer when you look at the net circulation \u2013 $73 billion for Ethereum and $71 billion for Tron.\u00a0Solana, Ton, and Avalanche trail further behind, with around $2 billion each.<\/p>\n<p>Perhaps that\u2019s one of the biggest reasons behind the milestone we hinted about. CryptoQuant <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/68138834d8b2fe24bcd1763e-Milestone-TRON-just-crossed-100-B-Total-transactions?utm_source=twitter&amp;utm_medium=sns&amp;utm_campaign=quicktake&amp;utm_content=maartunn&amp;utm_term=tron\" data-wpel-link=\"external\" target=\"_blank\">informed<\/a> earlier this week that Tron has \u201cgrown to be one of the most active blockchain networks in the world\u201d as it had crossed the $10 billion total transactions target.<\/p>\n<p>The report claims that the daily transaction count is well above $8 million, which places Tron among the leaders in the space.<\/p>\n<figure id=\"attachment_394848\" aria-describedby=\"caption-attachment-394848\" style=\"width: 1600px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/TR.webp\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-394848\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/TR.webp\" alt=\"\" width=\"1600\" height=\"900\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/TR.webp 1600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/TR-300x169.webp 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/TR-1024x576.webp 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/TR-768x432.webp 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/TR-1536x864.webp 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/TR-50x28.webp 50w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\"><\/a><figcaption id=\"caption-attachment-394848\" class=\"wp-caption-text\">Tron Transaction Count. Source: CryptoQuant<\/figcaption><\/figure>\n<p>Although the current average daily numbers are far from the 2023 peak, they are still close to the bull runs in mid-2021 and late 2024.<\/p>\n<p>TRX\u2019s price <a href=\"https:\/\/cryptopotato.com\/tron-trx-enters-banana-zone-exploding-70-to-all-time-high\/\" data-wpel-link=\"internal\">exploded<\/a> late last year, surging to a new all-time high of over $0.43. However, it failed to maintain its run and has lost over 40% of its value since then. The past few months have seen the asset trading mostly in a tight range between $0.2 and $0.26.<\/p>\n<p><a href=\"https:\/\/x.com\/CW8900\/status\/1917822555504926963\" data-wpel-link=\"external\" target=\"_blank\">According<\/a> to a popular market observer and data analyst, TRX has built a buy wall at approximately the current price range, which acts as support in case of a violent nosedive. However, it also has a sell wall at around $0.3, which could mean that the asset will remain within this range for a while.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/tron-reaches-massive-milestone-is-trxs-price-primed-to-rocket\/\" rel=\"nofollow\">TRON Reaches Massive Milestone: Is TRX\u2019s Price Primed to Rocket?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Tron\u2019s network continues to attract users due to its fast transaction speeds and low costs, hence the latest impressive milestone. At the same time, the native token\u2019s price seems stuck between two major buy and sell walls, with little indication of the direction of the next move. Although it\u2019s still behind the leader, Ethereum, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25015","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25015"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25015\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}