Tron (TRX), the crypto project founded by Justin Sun, is currently in a bear market, having fallen more than 40% from its highest level in 2024. However, there are several factors that suggest a potential rebound. Tron has become the second-largest fee earner in the crypto industry after Tether, generating $330 million in fees so far this year. Its presence in the stablecoin market has grown significantly, with a market cap of over $61 billion and a transfer volume of $100 billion. Tron's staking yield is higher than Ethereum's and Sui's, and its circulating supply has been declining due to more tokens being burned than minted. The network's activity has been increasing, with over 7 million transactions recorded recently. Technical analysis also indicates a potential bullish breakout, with a target at its all-time high of $0.4485. However, if TRX drops below the 200-week moving average, the bullish outlook would be invalidated.



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