TRON (TRX) is making headlines again as it stages a notable comeback in the crypto world. Daily transactions on the TRON network have nearly doubled since late 2023, jumping from under 5 million to almost 9 million per day—a clear sign of renewed user activity and growing utility for the TRX token . This surge is partly driven by a modest increase in network fees, which has deepened TRON’s revenue pool and reinforced demand for TRX as the network’s core currency .
What’s Fueling TRON’s Growth?
• Transaction Boom: TRON’s daily transaction count has soared, reflecting a strong recovery from the previous bear market and a return of on-chain engagement .
• Stablecoin Dominance: In May 2025, TRON surpassed Ethereum to become the leading blockchain for USDT, with over $73,8 billion in circulation. This makes TRON a top choice for stablecoin transfers, trading, and cross-border payments .
• Strategic Partnerships: Recent collaborations with MoonPay and Chainlink have made it easier for U.S. users to buy TRX and have brought secure price data to TRON’s DeFi ecosystem, boosting developer and investor confidence .
• Revenue Leadership: TRON generated $12,9 million in fees in a single week in March 2025, outpacing both Bitcoin and Ethereum. Its Q3 2024 revenue reached $577 million, largely thanks to stablecoin activity and the SunPump memecoin platform .
• Network Reliability: With a 99,7% block production efficiency and a more decentralized validator set, TRON’s infrastructure is robust and secure .
Investor Sentiment: Whales vs. Retail
Large holders (whales) have increased their TRX holdings by 9,38% in the past month, while investor-level wallets surged by 43,01%. In contrast, retail wallet growth was modest at just 3,57% . This suggests that big players are confident in TRX’s mid-term prospects, but smaller investors remain cautious. If retail interest picks up, it could provide a stronger price floor for TRX .
Social Buzz and Market Dynamics
TRX’s social dominance recently spiked above 1,4%, signaling a return to the public conversation and increased speculative interest . Historically, such spikes often precede higher trading volumes, especially if network growth continues.
However, not all signals are bullish. TRX’s funding rates in the futures market remain volatile, with negative rates returning quickly after brief positive sentiment. This indicates hesitation among traders and could limit excessive leverage, potentially making any future rally more sustainable .
Key Resistance and Short-Term Outlook
TRX faces a significant resistance zone between $0,275 and $0,283, where many leveraged positions could trigger liquidations if the price spikes. On the downside, there’s support between $0,265 and $0,26, creating a tight trading range. Unless buyers push TRX convincingly above $0,28, the token may remain range-bound in the short term .
Major Challenges Ahead
Despite its strong fundamentals, TRON faces two main challenges:
• Competition: TRON must contend with established blockchains like Ethereum, Cardano, and Polkadot, all of which have large developer communities and significant resources .
• Regulatory Uncertainty: Potential government restrictions or new regulations on crypto and decentralized applications could impact TRON’s growth trajectory .
The Road Ahead for TRX
TRON’s fundamentals—rising transactions, growing revenue, and increased investor accumulation—paint a promising picture. Yet, resistance at key price levels and cautious sentiment in derivatives markets remain hurdles. If whale accumulation and social interest persist, TRX could break out of its current range and continue its upward momentum.