TRON rallies even as most cryptocurrencies experience downtrend, and strong stablecoin demand and on‑chain activity offer key clues.
Key Takeaways:
- TRX is up at about 1.2% in the last 24 hours and over 6.9% weekly, far outperforming the top coins amid a broader market pullback.
- TRON’s network shows multi‑year highs in transactions, active addresses and fees, driven by rising DeFi and stablecoin usage on its chain.
- TRON surpassed ETH in USDT supply holding around $80.8 billion in USDT transfers in H1 2025 vs the latter’s $73.8B
TRX is trading at approximately $0.3345 as of 9:00 AM UTC on July 30, 2025, up at approximately 1.2% intraday, withstanding the bearish trend hitting larger-cap tokens like Bitcoin and Ethereum. Over 24 hours, the token has gained around 3.4%, with weekly gains reaching 6.9% and a 14-day uptick of 12.3%, according to CoinGecko’s latest TRON market data. These statistics were highlighted in Watcher.Guru’s recent report, emphasizing how it’s “healthy rallies” over the last few days as well as how it outperformed the majority of the crypto market.
What’s Driving TRX’s Outperformance?
The strength behind TRX traces to surging stablecoin demand, especially USDT on TRON, and increased DeFi activity. CryptoQuant notes that USDT dominance and DeFi momentum are pushing TRON’s usage to new highs, even while the market bleeds as of the moment.
Investors appear to be shifting funds toward TRON-based liquidity solutions and protocols, appealed by its lower fees and swift transactions. TRON’s infrastructure now supports a nearly unprecedented level of usage, translating into strong fundamentals for TRX even when altcoins currently is going downtrend.
Meanwhile, CryptoQuant also highlighted the token’s positive performance as well as how stablecoin dominance and DeFi resurgence made an impact on its upward momentum. In their thread posted on their X (formerly twitter) account, they noted that TRON recorded 273 million transactions in May 2025, 28.7 million active addresses in June, and $308 million in network fees, an all time‑record highs for its ecosystem.
Moreover, CryptoQuant also noted that TRON has now surpassed ETH in total USDT on-chain supply, handling roughly $80.8 billion worth of USDT transfers in the first six months of 2025, compared to Ethereum’s $73.8 billion.
Technical Outlook
Recent technical analysis by CCN shows TRX trading only about 30% below its all-time high (around $0.45) as of July 30, 2025, supported by a steady upward trend since late 2022. Momentum indicators are bullish: weekly RSI just crossed above 70, and MACD has formed a bullish crossover, signaling sustained upward pressure. Based on Elliott Wave structure, TRX may currently be in its fifth wave of a bull cycle, with potential targets of $0.477 and even $0.769 if momentum continues.
Price & Market Impact
At $0.3345 as of 9:00 AM UTC, TRX is outperforming most altcoins. Its relative strength stems from real adoption metrics such as elevated transaction counts, fee generation, and rapidly growing stablecoin use within its smart contract ecosystem. Rising on-chain activity has made TRON attractive to investors shifting capital away from stagnating assets.
Investors may want to watch upcoming U.S. monetary policy signals and any further TRON-related announcements (like token issuance or DeFi partnerships). If it continues to demonstrate strong network growth, TRX could be one of the forefronts of the next altcoin leg even as broader volatility persists.
Summary
TRON (TRX) has surged over 7% in a week while most major cryptocurrencies struggle. As of July 30, TRX is trading around $0.3345 with a 14-day gain of 12.3%. The outperformance is fueled by record-breaking on-chain activity 273 million transactions in May, 28.7 million active addresses in June, and $308 million in fees. TRON also surpassed Ethereum in total USDT volume for H1 2025. Technical indicators show a bullish setup, with RSI above 70 and a MACD crossover. If DeFi momentum continues, TRON could lead the next leg of the altcoin cycle despite broader market uncertainty.
