- TRX is consolidating around $0.2426, showing no clear bullish or bearish trend.
- Analysts foresee limited upside for TRX in April 2025, with a projected average price of $0.224.
- BNB Chain surpasses TRON in active USDT wallets, highlighting a shift in stablecoin usage.
TRON (TRX) is currently trading at $0.2426, marking a slight 0.82% daily decline and a more pronounced 5.48% drop over the past week. Despite a 33.17% surge in 24-hour trading volume, now at $519.4 million, the token shows limited momentum. TRX continues to trade in a narrow range, consolidating just above its crucial support at $0.2415.
Both MACD and RSI are neutral and devoid of clear signals. Price did bounce off of support, but it does not result in meaningful upside. Resistance is at $0.2465 and $0.252, they mark the levels bulls need to reclaim for a stronger trend. The market stays range bound in the absence of this with traders looking out for a break below $0.2415 or a quick clean opportunity to scalp towards resistance.
TRX is expected to remain range bound until a solid catalyst is considered, with minor volatility potentially distorting the price.
TRX price dip expected in 2025
Changelly’s Long-term forecasts regarding TRON do not provide much optimism. Technical analysis for 2025 suggests a further downturn with TRX likely to bottom out at $0.192 and peaking at $0.237, which would be a decline from the current price level. Expected ROI is -3.3% given the average anticipated trading price of $0.281.
Predictions remain muted for April 2025, with professionals expecting a trading band of $0.203 to $0.245. The computations indicate a median estimate of $0.224, suggesting that the performance over the year would just about balance out. The average remains the dominant figure among surveyed experts, this outcome and these analytics depict decreased market confidence around TRON’s growth potential or ability to adopt growth due to heightened competition.
BNB chain overtakes TRON in active USDT wallets
TRON price stagnates, BNB Chain making waves in stablecoin race It recently surpassed TRON as far as active USDT addresses go, with more than 12 million wallets being active — the highest ever. This increase comes as decentralized trading, meme coin activity, and a zero-fee trading campaign on the BNB Wallet experienced massive growth.
The steady growth of stablecoin transactions on BNB Chain, particularly transactions under $1,000 indicates that BNB Chain is emerging as a go-to network for retail users in Southeast Asia. Even though it has only $7.12 billion of stablecoin liquidity versus TRON’s larger reserves, BNB Chain’s ecosystem is proving to be more dynamic and nimble.
Such trends in user activity indicate a changing stablecoin environment, where liveliness and utility outweigh volume, increasingly putting pressure on TRON, which has long led the sector in terms of activity.