Tron (TRX) surpassed its key resistance level to hit its 18-month high.
A surge of 241% in the daily trading volume indicates a boost in investors’ sentiment.
TRON holds the second-highest TVL, following the top contender Ethereum.
TRON (TRX), the native cryptocurrency of the Tron blockchain, has entered the top gainers list with a 24-hour gain of over 8%. TRX staged a rally to an 18-month high of $0.09439, marking its highest peak since January 2022.
Astoundingly, as per TradingView, around 00:00 UTC, TRX experienced a 17% surge — from $0.08043 to $0.09439 — within a specific 4-hour time frame. This price rally is presumably tied to a suspicious $62 million stablecoin minting by TRON founder Justin Sun. Apart from this, another positive trigger could be the rising traction of TRON-based USDT in Latin America. Let’s analyze the price movement of this cryptocurrency and decode its further growth trajectory.
TRON (TRX): 24H Price Analysis
Over the past three weeks, TRON (TRX) h
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