Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Did BSTR get its bitcoin from Tether?

    July 30, 2025

    Finalized no. 34 | Ethereum Foundation Blog

    July 30, 2025

    What Ethereum built in ten years — and what it still hasn’t delivered

    July 30, 2025
    Facebook X (Twitter) Instagram
    Wednesday, July 30
    • About
    • Contact us
    • Privacy Policy
    Facebook X (Twitter) LinkedIn YouTube
    Blockchain Echo
    Banner
    • Lithosphere News Releases
    • Bitcoin
    • Crypto
    • Ethereum
    • Litecoin
    • Altcoins
    • Blockchain
    Blockchain Echo
    Home » CryptoQuant explains why the Tron price is surging
    Crypto

    CryptoQuant explains why the Tron price is surging

    John SmithBy John SmithJuly 29, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Tron price continued its strong bull run this week, reaching its highest level since December last year.

    Summary

    • Tron price is on the verge of a strong bull run to its all-time high.
    • CryptoQuant points to its dominance in the stablecoin industry.
    • They also pointed to the growing decentralized finance ecosystem.

    Tron (TRX) jumped to $0.3500, even as the crypto market pulled back. It was up by 75% from its lowest level this year.

    CryptoQuant explains why Tron price is surging

    In an X post, CryptoQuant, one of the more trusted analytics platform, explained why the Tron price has surged and outperformed other tokens.  The firm noted that the momentum stemmed from rising transactions on the network and its growing market share in the stablecoin industry.

    Nansen data shows that Tron’s network processed over 2.8 billion transactions in the last 12 months, second only to Solana (SOL), which handled 20 billion transactions.

    CryptoQuant also pointed to Tron’s dominance in the stablecoin industry. Data compiled by Artemis shows that Tron has over $82 billion in stablecoin supply and more than 9.8 million stablecoin addresses. It handled $625 billion in transactions in the last 30 days.

    TRON’s momentum in 2025 is being driven by:

    📈 Record transaction volumes
    💵 Dominant USDT activity
    🌐 Growing DeFi engagement
    💰 Strong network revenue with low user costs

    Dive into the full report ⤵️ https://t.co/DqAqSPorO9

    — CryptoQuant.com (@cryptoquant_com) July 29, 2025

    This growth has led to a substantial increase in revenue. Tron generated more than $3.5 billion in revenue in the last 12 months, exceeding the combined revenue of Ethereum (ETH), Solana, and BNB Chain, combined. 

    CryptoQuant also noted that Tron is a major player in decentralized finance, where it holds over $6.12 billion in assets. This makes it the fifth-largest chain in the crypto industry after Ethereum, Solana, BSC, and Bitcoin.

    TRX price also advanced after Tron Inc., formerly known as SRM Entertainment, filed to raise $1 billion to accumulate Tron tokens. This accumulation comes as Tron supply has continued to fall due to token burns.

    Tron price technical analysis

    Tron price
    TRX price chart | Source: crypto.news

    The three-day chart shows that TRX price bottomed at $0.200 earlier this year and then rallied to $0.3500. It has remained above the ascending trendline that connects the lowest swings since August last year.

    Tron moved above the 50-day Exponential Moving Average, a sign that bulls are in control. It also moved above the Supertrend indicator. Therefore, the token will likely continue rising as buyers target the crucial resistance at $0.4492, its highest point in 2024.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleCrypto gamblers debate fart while Trump releases hot air
    Next Article Coinbase Sparks Altcoin Rallies After Placing Two Projects on Crypto Exchange’s Listing Roadmap
    John Smith

    Related Posts

    What Ethereum built in ten years — and what it still hasn’t delivered

    July 30, 2025

    Bitcoin price nears rebound as wavers Crypto Fear and Greed Index

    July 30, 2025

    Bonk tests major support zone with bullish reversal on the table

    July 30, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Pullback or power-up? Bitcoin dips as demand roars on

    May 31, 2025

    A Beginner’s Guide to Algorand (ALGO) Blockchain

    May 31, 2025

    Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF

    June 1, 2025
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews

    Subscribe to Updates

    Get the latest tech news from FooBar about tech, design and biz.

    About Us

    Stay updated on the world of cryptocurrency
    Your one-stop source for daily crypto news and insights
    Blockchainecho.info: Your trusted daily crypto companion

    Most Popular

    Pullback or power-up? Bitcoin dips as demand roars on

    May 31, 2025

    A Beginner’s Guide to Algorand (ALGO) Blockchain

    May 31, 2025

    Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF

    June 1, 2025
    Copyright © 2025
    • Home
    • Buy Now

    Type above and press Enter to search. Press Esc to cancel.