Tron (TRX), founded by Justin Sun, has experienced a decline over the past two months, but there are indications that it could rebound and potentially retest its 2024 high. The weekly chart shows it remains above the 50-week moving average, indicating a bullish trend. TRX has also formed a falling wedge pattern and a doji candlestick pattern, suggesting a potential rebound. Tron has emerged as the most profitable layer-1 network, generating $1.44 billion in fees in the past six months, surpassing Ethereum and Solana. Tron's decreasing supply and growing number of account holders also contribute to its attractiveness. Furthermore, Tron handles substantial amounts of Tether (USDT) volume, indicating its increasing usage.



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