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TRON's Wild Ride: Whale Moves, Bullish Signals, and a Price Surge to $1?

TRON's June Jolt: Network Activity Soars Amid DeFi Frenzy

 

TRON (TRX) has experienced a surge in network activity during June 2025, with daily transactions exceeding 8 million and active addresses reaching an all-time high of over 2.4 million, driven by DeFi engagement and significant USDT stablecoin transfers that outpace Ethereum's volume. TRX has demonstrated positive momentum in its price, with a monthly increase of 11.55% and presently trading at approximately $0.2729, while its DeFi Total Value Locked (TVL) has seen fluctuations, indicating mixed investor sentiment. The presence of thousands of dApps in DeFi and NFTs, as well as higher transaction fees, make TRON an expanding ecosystem that continues to strengthen its position as the 9th largest cryptocurrency with a market cap of $25.79 billion (in comparison to other existing chains).

Whale Watch: Massive TRX Transfers Spark Speculation

 

During early June 2025, TRON witnessed significant whale activity, which resulted in the transfer of 8.77 billion TRX by TronDAO to unknown wallets, leading to speculation of a possible sell-off, although the intended purpose remains unclear. At the same time, on-chain data indicates that large traders and institutional investors have accumulated TRX, which suggests TRON has good long-term prospects.

TRXUSD Price Analysis and Trading Strategy

TRXUSD prices surged  nearly 8% in the past two days, hitting a high of $0.2850 and currently trading around $0.2763. The pair is holding well above the short-term (34 and 55-day EMA) and long-term hull moving average (365-day EMA). The near-term resistance is around $0.30; a breach above this level could take the pair to $0.3780/$0.45/$0.60/$1/$1.10. On the lower side, immediate support is at $0.20, with violations targeting $0.1250.

Bullish Indicators Point to Buying Opportunities

Indicators on the 4-hour chart signal a bullish outlook, with the CCI(50) indicating strength and the directional movement index also bullish. It may be a good strategy to buy on dips around $0.20, with a stop-loss around $0.20 and a target price of $0.45/$0.60/ $1/$1.10.

 

 

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