TRX Rally Stalls at Key Resistance as TRON Leads Stablecoin Volume

TRX Rally Stalls at Key Resistance as TRON Leads Stablecoin Volume
  • TRX traded near $0.3195 as the price pressed against the $0.31-$0.32 weekly resistance zone.
  • CoinDesk data charts showed B2B payments drove stablecoin volume growth in 2024 and 2025.
  • Tron Inc. bought 157,555 TRX at $0.3174, lifting holdings above 690.7 million TRX.

TRON’s native token, TRX, entered a critical chart zone this week after a steady recovery from a multi-month base. On the latest weekly TradingView chart, the asset traded near $0.3195, up 0.58% in 24 hours and sitting almost directly at the $0.31 to $0.32 resistance band.

That range carries added weight as it also matches the neckline of a visible double-bottom formation. In simple terms, that neckline marks the barrier between a prolonged recovery phase and a fully reclaimed trading range after months of consolidation.

At the same time, fresh payment data shared by TRON DAO gave the market another reason to watch the network closely. Charts sourced from CoinDesk Data showed stablecoin payment volume rising through 2024 and into 2025, with business-to-business activity accounting for most of the expansion.

The regional breakdown added further context to that growth. It showed the TRON network leading stablecoin volume share across the United States, Mexico, Panama, and Puerto Rico, placing price action and transaction activity into the same frame.

Resistance Zone Defines the Current Setup

The weekly chart shows the market rebounding from a support floor between $0.27 and $0.25. From that base, TRX’s price formed two rounded lows before climbing back into the overhead resistance now in focus. The rebound also carried TRX above the 50-week simple moving average, which sits near $0.3013.

That average now tracks below market price and reinforces the stronger tone seen since the recovery began. On the same accord, momentum data remained firm without reaching extreme levels. The Relative Strength Index stood at 58.8, showing stronger buying pressure while still staying below traditional overbought territory. Still, the rally has not yet fully cleared the ceiling.

TRON (TRX) Weekly Price Chart (Source: TradingView)

TRON (TRX) Weekly Price Chart (Source: TradingView)

That makes the current area especially important. A confirmed weekly close above $0.31-$0.32 could strengthen the bullish case and open the door toward the next Fibonacci resistance at $0.3482. If momentum extends beyond that, the chart shows a broader upside level near $0.3701, which would mark the next major target for bulls.

Even so, the chart also leaves room for caution. If TRX fails to hold above the neckline and gets rejected at current levels, traders may start watching for a retreat toward $0.2918, which is marked as an intermediate Fibonacci support. Below that, the more critical downside level remains $0.27-$0.25, the area identified on the chart as the key support zone and the base of the double-bottom structure.

Stablecoin Growth Adds Fundamental Context

The payment charts point to a stablecoin market that is expanding while also becoming more specialized. Business payments delivered the largest share of volume growth, while card activity, prefunding, and smaller settlement segments stayed secondary.

That distribution matters, as it shows expansion is being driven by operational transfers rather than one narrow use case. The regional figures also indicate that usage is spread across several payment markets, not concentrated in one corridor.

A separate market-cap breakdown adds another layer to the picture. While Ethereum still holds the largest share of total stablecoin market value, TRON remains one of the most important chains in that wider expansion.

That keeps the network positioned as a major settlement layer for dollar-backed tokens. Across North America, the charts show TRON holding the lead in stablecoin volume share in four reported markets.

Treasury Purchase Extends the Day’s Narrative

Corporate treasury activity added a fresh data point to the broader story. Tron Inc. said it acquired 157,555 tokens at an average price of $0.3174, lifting total treasury holdings to more than 690.7 million coins. The company’s average purchase price was close to the session’s quoted market level.

That links its treasury action directly to the same resistance band highlighted on the weekly chart. The Nasdaq-listed firm, which trades under the ticker TRON, said it aims to continue growing its digital-asset treasury holdings. It tied that strategy to long-term shareholder value and pointed readers to a designated on-chain wallet for live updates.

Taken together, the latest chart action, stablecoin payment data, and treasury purchase present a tightly aligned snapshot of price, usage, and balance-sheet exposure. At press time, the token is testing resistance while the network records rising payment relevance across several reported markets.

Also Read: SHIB Rally Stalls at Key Resistance: Breakout or Pullback Ahead?

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Kelvin Maore
Written by Kelvin Maore
Kelvin Maore is a Crypto Market Analyst at CryptoNewsZ with experience covering cryptocurrency markets, blockchain technology, and digital assets. He has contributed to reputed crypto media platforms, delivering research-driven and timely analysis. Kelvin specializes in market trends, price movements, and industry developments, providing clear and data-backed insights. He focuses on helping readers understand the evolving digital asset landscape through accurate, engaging, and well-structured content.