TRON ($TRX) Crypto Forecast: Down 5.8% Today

What is TRON?

TRX is a cryptocurrency token associated with the Tron network, founded by Justin Sun in 2017. Tron has been gaining popularity in the cryptocurrency market, particularly due to its growing USDT supply.

Why is TRON going down?

TRX crypto is down 5.8% on Jun 12, 2025 9:40

• Despite the positive indicators like increased whale activity and bullish momentum, TRX experienced a bearish movement today.
• The divergence from the declining Total Value Locked (TVL) might have raised concerns about liquidity among investors, leading to a sell-off.
• The bearish market movement could also be attributed to profit-taking by traders who were previously optimistic about TRX's rally towards $0.32.
• The overall sentiment in the cryptocurrency market might have shifted, impacting TRX negatively despite the positive developments within the Tron network.

TRX Price Chart

TRX Technical Analysis

TRX News

Tron On-chain Report: The largest USDT network witnesses increased whale activity

The Tron (TRX) network, launched by Justin Sun in 2017, is gradually becoming the go-to choice for retailers and whales in the cryptocurrency market, thanks to its growing USDT supply —a USD-pegged stablecoin issued by Tether.

https://www.fxstreet.com/cryptocurrencies/news/tron-on-chain-report-the-largest-usdt-network-witnesses-increased-whale-activity-202506120915

Tron Price Forecast: TRX breakout rally diverges from declining TVL, targets $0.32

Tron (TRX) extends gains with an upside move of over 1% at press time on Tuesday, following the 1.88% gains recorded the previous day. Diverging from the declining Total Value Locked (TVL), which signals lowered liquidity, TRX upholds bullish momentum, fueling optimism in the derivatives market.

https://www.fxstreet.com/cryptocurrencies/news/tron-price-forecast-trx-breakout-rally-diverges-from-declining-tvl-targets-032-202506101146

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TRON Price History

09.04.2025 - TRX Crypto was up 5.3%

• The positive factors shared elsewhere, like the potential price targets exceeding $0.25 and its speed capabilities, might have propelled TRX's bullish movement.
• Qubetics' successful presale and Injective's DeFi expansion could have positively impacted investor sentiment towards TRX.
• Rumors about Pi Coin's potential listing on Binance and Tether's USDT dominance on TRON network may have played a role in TRX's upward trend.
• Despite encountering resistance, TRX showed resilience and performed well in line with the general positive sentiment in the cryptocurrency market today.

23.04.2025 - TRX Crypto was down 5.2%

• The downturn in TRX may be related to regulatory uncertainties surrounding cryptocurrency ETF filings.
• The SEC's acknowledgement of the Staked TRX ETF application by Canary Capital might have sparked worries about regulatory obstacles.
• Investor sentiment towards TRX appears to have shifted positively, signaling cautious optimism post-bearish trends.
• TRX's future trajectory may hinge on surpassing a key resistance level at $0.28, prompting investors to keenly watch for potential bullish momentum.

14.03.2025 - TRX Crypto was up 5.0%

• TRX showed a strong bullish movement upon surpassing the $0.25 threshold, driven by positive market sentiment.
• The announcement of TRON Founder Justin Sun celebrating 300 million addresses and hinting at a potential all-time high in Q2 likely supported the bullish momentum.
• The minting of $1 billion USDT on the Tron network by Tether may have further boosted TRX's price, indicating growing stablecoin demand within the ecosystem.
• Despite concerning developments regarding Binance's CZ cooperating with the DOJ against Justin Sun in a settlement case, TRX demonstrated resilience and maintained its bullish trend.

13.04.2025 - TRX Crypto was down 5.1%

• The bearish movement of TRX could be attributed to the overall market sentiment towards cryptocurrencies today.
• Factors such as Tether USDT supply hitting $150 billion and Tron surpassing Ethereum in stablecoin volume might have shifted investor focus towards these tokens, causing a sell-off in TRX.
• The exclusive dinner guest list revelation with Justin Sun at the top for the Trump Memecoin event could have diverted attention and investment away from TRX, impacting its price negatively.
• The rebranding of ICON to SODAX and its decision to abandon its Layer-1 might have raised concerns about similar projects in the cryptocurrency space, leading to a broader sell-off including TRX.

12.04.2025 - TRX Crypto was up 5.6%

• TRX surged by 3% as it broke resistance levels, possibly fueled by the growing adoption of stablecoins in the market.
• The dominance of the Tron network over Ethereum due to USDT supply surpassing $150 billion could have positively impacted TRX's price.
• The stagnation of TRX amidst a Flare rally fading and BlockDAG gaining ground might indicate that investors are cautiously optimistic about TRX's future performance despite the overall bullish sentiment in the market.

12.04.2025 - TRX Crypto was up 5.4%

• TRX experienced a strong bullish movement today, breaking resistance and surging by 3% amid growing stablecoin adoption.
• The supply of USDT surpassing $150 billion and Tron overtaking Ethereum as the dominant network could have positively impacted TRX's price.
• The promise of high referral rewards and ROI from BlockDAG might have contributed to TRX's bullish movement.
• Speculation around factors that could lead TRX to soar beyond $0.25 and its speed compared to other ICOs in the market could have also influenced investor sentiment, driving the bullish trend.

14.04.2025 - TRX Crypto was up 5.1%

• The surge of USDT on Tron surpassing Ethereum in market value likely increased confidence in the TRX ecosystem, attracting more investors.
• The positive comments from Coinbase CEO regarding integrating crypto into traditional investment portfolios could have boosted overall market interest, benefiting TRX.
• The competition in stablecoins between Ethereum and Tron may have favored TRX, leading to its upward movement.
• Experts suggesting TRON could become a major player in the crypto industry likely encouraged investors to accumulate TRX tokens, contributing to its price increase.

08.04.2025 - TRX Crypto was up 3.4%

• TRON's price nearing $0.30 and holding key levels indicates strong investor confidence in the project.
• The whale activity soaring suggests large investors are actively participating in TRX, potentially driving up its price.
• Despite facing resistance at $0.25, the anticipation of a breakout to $0.30 by June shows positive sentiment and optimism in the TRON ecosystem.
• The comparison with Pump.fun's revenue and the meme coin market cap drop highlights TRON's resilience and attractiveness compared to other cryptocurrencies in the market.

23.04.2025 - TRX Crypto was down 5.1%

• TRX experienced a bearish movement today despite positive news such as increased transactions and enterprise support announcements.
• The Trump Gala Dinner with memecoin holders and the controversy surrounding it may have created negative sentiment in the market, impacting TRX's price.
• The SEC acknowledging Canary Capital's filing for a staked Tron ETF could have added uncertainty to TRX's future, contributing to the bearish trend.
• The contrasting views on cryptocurrency from figures like Peter Schiff might have also influenced investor sentiment towards TRX, leading to the downward movement.

12.05.2025 - TRX Crypto was down 5.8%

• Despite the positive indicators like increased whale activity and bullish momentum, TRX experienced a bearish movement today.
• The divergence from the declining Total Value Locked (TVL) might have raised concerns about liquidity among investors, leading to a sell-off.
• The bearish market movement could also be attributed to profit-taking by traders who were previously optimistic about TRX's rally towards $0.32.
• The overall sentiment in the cryptocurrency market might have shifted, impacting TRX negatively despite the positive developments within the Tron network.

12.05.2025 - TRX Crypto was down 5.2%

• Despite the recent bullish momentum and positive gains, TRX experienced a strong bearish movement today.
• The divergence from the declining Total Value Locked (TVL) may have raised concerns about liquidity and market stability, leading to a sell-off in TRX.
• The target price of $0.32 mentioned previously may have created unrealistic expectations, causing investors to take profits and contribute to the bearish movement.
• The overall market sentiment and potential profit-taking behavior could have also played a role in TRX's bearish movement today.

09.04.2025 - TRX Crypto was up 5.2%

• The bullish movement of TRX may be connected to various positive developments and partnerships, including its collaboration with MoonPay that led to increased visibility in the U.S.
• The cryptocurrency market's excitement, illustrated by successful ICOs, DeFi expansions, and the growing supply of USDT on networks like Tron, likely supported TRX's upward trend.
• Speculation about Pi Coin's potential listing on Binance may have sparked greater interest in cryptocurrencies, benefiting tokens like TRX.
• Despite encountering price resistance, the favorable developments surrounding TRX and the positive market sentiment appear to have outweighed any potential obstacles, driving its bullish performance.