TRON trading volume tops $1B as analysts eye potential $1 price target
TRON (CRYPTO:TRX) extended its August rally, with 24-hour trading volume reaching $1.07 billion and the price holding around $0.35.
The token has gained 15.3% this month and 172% year-over-year, ranking among the top performers on CoinMarketCap.
TRON’s strength is fueled by its dominance in stablecoin settlements, processing over $625 billion monthly, with growing adoption in high-value transactions and tourism payments.
While not directly involved in Blue Origin’s recent crypto rollout, TRON could benefit indirectly as many stablecoin settlements occur on its blockchain.
The network processed over 1.8 trillion transactions in 2025 with a 99.3% success rate, and over 70% of transactions incurred no gas fees.
On-chain activity is up 28% versus the 250-day average, attracting more developers to payment and gaming applications.
TRON Inc.’s Q2 2025 results showed $1.47 million in net income, reversing prior losses, with shareholder equity surging 3,500% year-over-year to $111 million.
Institutional and retail confidence remains strong despite recent profit-taking by long-term holders.
Analysts say a break above $0.35 could lead to $0.45, with some projecting $1 by September or October if momentum continues.
Support levels sit between $0.30 and $0.32, with $0.35 acting as a key resistance point for bullish confirmation.
At the time of reporting, TRON price was $0.3523.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The CEO of the world's largest asset management firm: The scale of "crypto wallets" has exceeded $4 trillion, and "asset tokenization" is the next "financial revolution"
BlackRock has revealed its goal to bring traditional investment products such as stocks and bonds into digital wallets, targeting this ecosystem worth over $4 trillion.

Brevis releases Pico Prism, enabling real-time Ethereum proofs on consumer-grade hardware
Pico Prism (zkVM) has improved its performance efficiency by 3.4 times on the RTX 5090 GPU.

Is sandwich attack illegal too? MIT prodigy brothers who profited $25 million to stand trial
The victim is an MEV bot.

Trending news
MoreCrypto prices
More








