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TRON Hits 10B Transactions: Bulls Eyeing the $0.25 Breakout – Will It Survive?

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Ah, TRON, the rebellious blockchain that refuses to be ignored! Since June 2018, it’s managed to hit the kind of milestone that makes the crypto world tremble with envy – a whopping 10 billion transactions. Yes, you heard that right – 10 billion. And it’s not just an empty number, folks. TRON is handling about 8.4 million transactions every single day. Not bad for something that most people only care about when the price surges, right?
Some would call it progress; others might call it the silent giant of the crypto world.

According to CryptoQuant’s Maartun (who sounds like a wizard in this magical world of numbers), TRON has been chugging along quietly since 2021, with activity spiking during those *famous* bull runs of 2021 and 2023. Despite the market’s wild mood swings, TRON’s daily usage has steadily climbed, like a ship on a calm sea—people might not notice, but it’s there, steadily moving. Maartun says that this constant traffic is a bullish signal, but let’s be honest, who really cares until it’s $10 a coin? 😂

Milestone: TRON just crossed 10.0 B Total transactions!

“Daily transaction count is around ~8.4 million. This is among the highest in the space. Activity has picked up during bull market spikes in 2021 and 2023, but is still growing daily.” – By @JA_Maartun

— CryptoQuant.com (@cryptoquant_com) May 1, 2025

Now let’s talk money. DeFiLlama, in case you didn’t know, says that TRON’s total value locked (TVL) is chilling at $5.03 billion right now. Sure, it’s not the $7 billion glory days of January, but hey, who doesn’t love a good comeback story? And TRON’s decentralized exchange volume is off the charts, moving from $3.4 billion in March to $4.9 billion in April. This is starting to look like the crypto equivalent of someone dusting themselves off and flexing in front of the mirror. 💪

But wait, there’s more! TRON’s growth in the stablecoin market is truly a tale of the little engine that could. From a humble $58 billion in January to over $70 billion in late April, it’s clear that TRON is staking its claim in the stablecoin world. $2.17 billion added in just a week? Now that’s a nice little boost. And Tether (USDT) couldn’t resist joining the party by minting a cool $1 billion of their own on April 21. Talk about making it rain! 💸

Let’s zoom in on the technicals now, shall we? TRX is currently hovering just below that magical $0.25 mark at $0.245. If it can break through this barrier, we might see some fireworks. Think of it like that awkward first kiss – full of anticipation. On the flip side, if it breaks below $0.243, we might be back in the land of disappointment, testing the $0.239–$0.240 support zone. Yawn, right?

Let’s not get too carried away with the charts, though. The relative strength index is sitting at a nice, neutral 51, meaning it’s neither too hot nor too cold. The moving average convergence divergence (MACD) is slightly bearish, but no one’s breaking out the pitchforks just yet. Most other oscillators are flat, which could mean a “wait-and-see” moment for the market. If TRON’s bulls can turn that $0.25 resistance into support, we could see the next target of $0.26–$0.265. But if they mess it up, well, they’ll be stuck in the $0.239–$0.240 zone. Awkward.

Meanwhile, in the world of fundamentals, TRON is making some waves. On April 30, web3 staking service P2P.org was approved as a TRON Super Representative. What does this mean? They get to participate in block production and institutional staking – fancy, huh? And don’t forget Canary Capital filing for a TRX ETF with staking features earlier in April. Traditional finance might just be warming up to this chaotic mess we call crypto.

TRON’s founder, Justin Sun, is feeling optimistic. In fact, he believes that TRX’s market cap will hit a new all-time high in Q2 2025. He’s betting on a growing correlation with Bitcoin (BTC), which, according to him, is a sign of maturing market behavior. Because, you know, Bitcoin always knows what it’s doing. 🙄

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2025-05-02 09:06

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