TRON (TRX)
TRX is the ERC20 token of TRON.
1. TRX Basic Info
| Symbol | TRX |
| Name | TRON |
| Web Site | https://tron.network/ |
| Wallet | -- |
| Source | -- |
| Explorer | https://tronscan.org/ |
| Forum | -- |
| Mining | |
| Supply | -- |
| Available Supply | 86109200000 |
| Market Cap | 20004028252 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | -- |
| Release Date | 2017-07-01 |
2. TRX Technical Info
2.1 TRX Kline Chart Price
2.2 TRX Technical Analysis
The short-term trend appears bearish. The price has been decreasing. The volume data indicates increased selling pressure. The data suggests a potential continuation of the downtrend in the near term. Based on the information available, the market will likely experience a period of consolidation before a possible rebound. The support level is around 0.22000, the resistance level is around 0.24000. It is possible to see some volatility. The price is likely to test the support level. The overall trend is slightly downwards.
3. TRX News Info
3.1 TRX News List
- 20250208
Analyst: USDT balance on TRON chain is close to a record high, indicating rising market demand 📈 - 20250204
Tron and Movement both deny conducting "token swap" transactions with the WLFI project
TRON and Movement Labs deny reaching a token swap agreement with WLFI - 20250130
The T3 Alliance, composed of Tron, Tether and TRM Labs, assisted Spanish authorities in freezing approximately $26.4 million in crypto assets involved in the case
Tron, Tether, and TRM Labs Assist Spanish Authorities in Dismantling European Transnational Financial Crime Group, Freezing $26.4 Million 📉
Justin Sun: TRON DAO cooperated with law enforcement agencies and successfully froze more than $26 million in funds 📈 - 20250129
Tether mints 1 billion USDT on Tron chain 📈 - 20250127
Tron, Tether, and TRM Freeze $26.4 Million in Cryptocurrency Linked to European Money Laundering Ring 📈 - 20250126
Justin Sun commented on Coinbases listing process: It has lost basic fairness and industry judgment. TRX has been under review for seven years but has not yet been launched. 📈
Justin Sun commented on Coinbases listing process: Loss of the most basic fairness and industry judgment 📈 - 20250125
USDD 2.0, a decentralized stablecoin project on the TRON chain, is officially launched 📈
Hong Kong court sends legal writ via cryptocurrency wallet for the first time
USDD 2.0, a decentralized stablecoin project on the TRON chain, is officially launched 📈
3.2 TRX News Analysis
The TRON ecosystem appears to be experiencing fluctuating but overall positive developments. Increased USDT demand, evidenced by record-high balances and consistent minting, signals growing user interest and potentially bullish sentiment. Collaboration with law enforcement, although involving asset freezes, demonstrates a commitment to regulatory compliance, which is a positive factor for long-term sustainability. The launch of USDD 2.0 indicates a continued push for innovation and expansion within the DeFi space. Justin Sun’s criticism of Coinbase suggests a potential for future independent initiatives and a desire to increase TRX adoption. Although token swap denials suggest potential volatility, the current trends suggest a period of growth.
