TRON (TRX) remains stable above important support levels as technical indicators maintain a cautiously bullish outlook for the TRON price. Meanwhile, TRON’s record transaction fee revenue and expanding network activity reflect strengthening ecosystem demand, supporting positive sentiment as traders monitor the next major price movement.
At the time of writing, TRX is trading at $0.3302, with a 24-hour trading volume of $468.84 million and a market capitalization of $31.34 billion. Despite remaining relatively stable over the past 24 hours, TRON’s record transaction fee revenue and growing adoption support the TRON price breakout.
Source: CoinMarketCap
Also Read: TRX Price Eyes $0.3420 Breakout as Tron Inc. Increases Treasury Holdings
TRX Price Eyes Stronger Upside Momentum
According to TradingView, the TRON price chart shows the price trading around $0.3304 after recovering from a sharp rejection near $0.3660.
Buyers continue defending higher support levels, while recent green candles indicate renewed demand. The broader structure remains constructive despite short-term volatility and resistance overhead.
The Ichimoku Cloud signals a cautiously bullish outlook. The TRON price is trading above the leading cloud, with the Tenkan-sen and Kijun-sen acting as nearby support around $0.3329 and $0.3221.
Holding above the cloud would reinforce bullish sentiment and maintain the prevailing upward trend structure.
Source: TradingView
The mid-Bollinger Band lies around $0.3255 as the support, whereas the top band of $0.3664 acts as an important resistance barrier.
The breakout beyond recent tops may result in the TRON price finding its way toward the $0.3664 target level, and on the other hand, any move below the support zone at $0.3255 would expose the stock to additional selling force.
TRON Network Revenue Hits New High
The data from Chainspect further highlighted that in terms of revenue generation, TRON continues to beat other major blockchain platforms.
On Thursday, it recorded over $1 million worth of transaction fees, which is its most successful day in a week. The accomplishment marks a higher level of on-chain activities among the users of the TRON network.
Source: Chainspect’s X Post
The revenue jump for TRON is record-breaking and gave it an upper hand over its competitors.
In the same period, the network generated more transaction fees than the combination of Solana, BNB Chain, and Ethereum. This performance marks the beginning of the establishment of a rhythm of activities in the network.
Following bullish price predictions and strong revenue growth, the TRON price is starting to move upward. This move is also strengthened by the general trend in the crypto market as the BTC price has started to move upward, which has impacted the overall market, including altcoins.
Also Read: TRX Price Targets $0.35 Rally as Bullish Chart Structure Remains Intact
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
