TRON booms on strong network fundamentals and user growth.
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TRON (TRX) booms on strong network fundamentals and user growth.

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Azeez Mustapha

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TRON’s blockchain ecosystem is demonstrating remarkable strength, signaling a bullish outlook for its native token, TRX. In the past 30 days, the network generated $277 million in fees, outperforming Ethereum’s fee revenue over the same period. This surge in fee collection highlights high transaction activity and robust network usage. Additionally, the minting of 1 billion USDT in just one week underscores significant stablecoin demand on the TRON platform, suggesting growing trust and adoption among users.


Daily active user counts have reached 1.5 million, further reinforcing the network’s expanding utility. These fundamental metrics have helped drive TRX’s price upward, as evidenced by a 3% increase this week to $0.236, even as several other altcoins witnessed declines. Overall, TRON’s impressive fee generation, stablecoin growth, and expanding user base provide strong fundamental support that could propel TRX into a more bullish trajectory.

Key TRON Levels To Watch – April 2

BINANCE:TRXUSD Chart Image by amiraoluwaseyifunmi

TRXUSD is bouncing off a key order block, signaling strong demand. The price is consolidating above the bullish order block, with a potential breakout toward $0.3050.

The MACD (Moving Average Convergence Divergence) shows bullish momentum building, supporting further upside. A close above $0.2520 could confirm the next leg of the rally.

TRXUSD Key Levels 

Resistance Levels: $0.2520, $0.3050, $0.3460
Support Levels: $0.1690, $0.1170, $0.0470

TRON METRICS

Total Market Capitalization: $2.78T
TRON Market Capitalization: $22.61B
TRON Volume: $560.93B
Market Rank: #10

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