🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
Tron (TRX) Price Prediction: Network Activity Surpasses Ethereum, Long Positions Targeting $0.296
The price of Tron (TRX) hovers around 0.287 USD, having risen nearly 4% in the past week. The TRX network has processed over 13 billion transactions, handling more than 21 billion USD in USDT transfers weekly, surpassing Ethereum (ETH). The surge in trading activity is attributed to the integration of projects like the official meme coin TRUMP by US President Trump and Plume's Skylink, indicating that the utility and growth momentum of the TRX ecosystem are strengthening.
Tron network activity surpasses ETH
CryptoQuant data shows that the total trading volume of Tron has exceeded 13 billion USD, and this trend has not slowed down. In terms of weekly USDT transfer volume, the transfer volume of TRX exceeds 21 billion USD, while the transfer volume of Ethereum is about 8 billion USD.
The increase in online activity indicates the growth of the TRX network, the rise in user activity, and its increasingly important role as a viable alternative in the global cryptocurrency economy.
Tron will launch SkyLink and TRUMP meme coins on its network
Tron announced on Monday a partnership with Plume to launch SkyLink on its network. This strategic integration will implement a full-chain real-world asset tokenization (RWA) revenue distribution protocol throughout the Tron network, allowing users to directly access the yields of tokenized U.S. Treasuries, private credit, and other institutional-grade financial products through Plume.
On the same day, Tron also announced the launch of the Trump meme coin supported by Trump, which is backed by LayerZero. These collaborations and developments reflect the increasing adoption and innovation of the Tron blockchain.
TRX Price Analysis
FXStreet analyst Manish Chhetri stated that the TRX price rebounded after retesting the daily support level near 0.259 USD on June 22, and rose nearly 9% over the next 13 days. As of Tuesday when this article was written, the TRX price hovered around 0.287 USD.
If TRX continues to maintain its upward trend, it may extend its gains to the next daily resistance level of 0.296 USD.
The Relative Strength Index (RSI) is 61, above the neutral level of 50, indicating bullish momentum. The moving average convergence divergence (MACD) on the daily chart also showed a bullish crossover last week, issuing a buy signal, suggesting an upward trend.
However, if TRX faces a pullback, it may continue its downward trend and find support near the 50-day Exponential Moving Average (EMA) at $0.274.
(Source: Trading View)