TRX Monthly Transfers Hit $121B — Can TRON Finally Enter the Top 10?

TRON (TRX) is gaining serious momentum, with its blockchain processing an impressive $121 billion in monthly transfers — a milestone that places it among the most active networks in the crypto space. This surge in transaction volume is reigniting speculation about TRON’s ability to break into the top 10 cryptocurrencies by market cap. As investors increasingly seek out high-utility, high-volume chains beyond Ethereum and Bitcoin, TRON is emerging as a top contender. In this article, we explore TRON’s technical setup and its path to potentially joining the crypto elite, while also highlighting how its growing ecosystem might power its next big leap. TRON Price Stable with Potential for Growth Beyond Current Range Source: tradingview TRON (TRX) stands between $0.26 and $0.28, showing a stable path. The bulls are holding ground as the price sticks close to the 10-day and 100-day average of $0.27. The Relative Strength Index at nearly 58 points to moderate buying interest. Price could bounce past its nearest resistance at $0.29 and potentially reach $0.30. This would be an increase of almost 7% from the lower end of its current range. The Stochastic indicator at about 79 suggests a possible upward movement, but the 1-week decrease hints at recent struggles. Overall, TRON shows promise if it can break through resistance. Conclusion TRON’s $121 billion monthly transfer volume is more than just a headline — it signals deep and growing user activity, real-world usage, and expanding investor confidence. As the 2024 bull market continues to unfold, TRON is well-positioned to challenge more established players and secure its place among the top 10 cryptocurrencies. With Bitcoin and Ethereum maintaining dominance, and networks like Binance Chain and Cardano advancing steadily, TRON’s sheer scale of on-chain transactions makes it a serious contender. If it can maintain this momentum and break key resistance levels, TRX might not just rise in price — it could rise in rank, entering a new era of recognition and growth. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: Bitzo