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Home Blockchain

TRX Price Eyes Breakout as Its Stock Up Over 40%

by DigestWire member
July 17, 2025
in Blockchain, Crypto Market, Cryptocurrency
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TRX Price Eyes Breakout as Its Stock Up Over 40%
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Why Tron’s Latest Meme Explosion Could Propel TRX to All-Time Highs

The post TRX Price Eyes Breakout as Its Stock Up Over 40% appeared first on Coinpedia Fintech News

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 space. 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 Inc.” 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 the 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%
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 odds of a breakout and could flip its ATH in a single spike similar to the last seen move in Q4 2024.

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

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