Could  Be the Next Milestone? Could  Be the Next Milestone?

Could $1 Be the Next Milestone?

TRON (TRX) has extended its August rally, pushing past key resistance levels as trading volume soared to $1.07 billion in the past 24 hours. The price currently sits around $0.35, marking a 15.3% monthly gain and a staggering 172% surge year-over-year.

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This momentum places TRX among the top gainers on CoinMarketCap, fueled by a large network performance and growing real-world adoption.

One major catalyst has been TRON’s dominance in stablecoin settlements, processing over $625 billion monthly. With more payment use cases emerging, such as high-value transactions and tourism bookings, the potential transactional demand for TRX is rising.

Even without being directly accepted in Blue Origin’s recent crypto integration, TRON could benefit indirectly as many stablecoin settlements happen on its blockchain.

Network Growth and Financial Strength Boost Confidence

TRON’s operational performance in 2025 has been stellar. The network processed over 1.8 trillion transactions year-to-date with a 99.3% success rate, while over 70% of transactions incurred zero gas fees. On-chain activity is also up 28% compared to its 250-day average, drawing in more developers to payment and gaming dApps.

Financially, TRON Inc.’s Q2 2025 earnings impressed investors with $1.47 million in net income, a major turnaround from prior losses. Shareholders’ equity soared 3,500% year-over-year to $111 million, signaling strong institutional confidence.

These fundamental strengths have created a positive feedback loop, with retail and institutional investors showing sustained interest in TRX despite recent profit-taking from long-term holders.

TRX's price trends to the upside on the daily chart. Source: TRXUSD on Tradingview

Can TRON (TRX) Reach $1 This Year?

Technical analysts remain optimistic. Breaking above $0.35 could open the path to $0.45 in the near term, while some analysts predict TRX could touch $1 by September or October if bullish momentum continues.

Key support lies between $0.30 and $0.32, offering potential entry points for cautious investors. Resistance at $0.35 remains a critical psychological and technical barrier; a decisive breakout could set the stage for new highs.

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With its blend of strong financials, network dominance, and growing real-world payment use cases, TRON appears well-positioned for a potential push toward the $1 mark in the coming months, if bulls can maintain the current momentum.

Cover image from ChatGPT, TRXUSD on Tradingview

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James Halver

https://www.newsbtc.com/news/tron-trx/tron-trading-volume-tops-1b-could-1-be-the-next-milestone/

2025-08-12 22:00:00

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