TRON’s TVL fell to $6.009B; chain revenue dropped to $5.33M; volume halved from $9.65B to $4.51B since August.
TRON fell through two nearby supports in quick succession, first $0.3440 and then $0.333, placing price action on the back foot. At press time, TRX traded at $0.3313, down 2.07% in 24 hours. Daily volume rose 1.37% to $885.36 million, which indicates active participation despite selling pressure.
Under the surface, on-chain metrics cooled. Total value locked slid from $6.28 billion in early August to $6.009 billion. Chain revenue declined from $6.68 million to $5.33 million. Aggregate transaction volume fell from $9.65 billion to $4.51 billion. If these gauges fail to recover, they may keep a lid on price and prolong the drawdown.
The technical chart now tilts bearish. Price sits below $0.333, and the latest breakout candle printed a hammer, yet follow-through favored sellers. If TRX stays under $0.333, a 3.9% extension toward the next support near $0.319 is plausible. Should momentum persist, $0.297 enters view. The Average Directional Index reads 29.42, which confirms a firm trend; in this context, further weakness cannot be ruled out.
Derivatives positioning complicates the setup. CoinGlass shows a Long/Short ratio of 1.2406, the highest since early August, with 55.37% of contracts long and 44.63% short. Long heavy positioning can fuel upside if bids return; however, it can also face stress if price grinds lower.
Treasury activity adds a second thread. Bravemorning Limited, TRON’s largest shareholder, exercised all outstanding warrants, injecting $110 million and adding 312.5 million TRX to the company treasury. Holdings now exceed $220 million. The action signals balance-sheet support but does not negate weak usage metrics on its own.
Therefore, the immediate roadmap is clean: reclaim $0.333 to stabilize; otherwise, $0.319 and $0.297 remain in play. A sustained uptick in TVL, chain revenue, and throughput would be the practical confirmation that buyers have regained control.
TRON (TRX) is priced at $0.3078, showing a 7% decline in the past 24 hours and a 9% decline over the past week. The market capitalization stands at $29.13 billion, with a circulating supply of roughly 95 billion TRX tokens. The 24-hour trading volume reached nearly $990 million, indicating a notable rise in transaction activity despite the price drop.
Technically, TRX has retraced from a recent local high of $0.3322, falling into a support range near $0.302. The market appears to be absorbing sell pressure, and the short-term trend points to a correction phase.
If TRX fails to hold above $0.300, the next support may be tested closer to $0.284. Resistance sits at $0.319, a level that aligns with prior rejection zones and minor liquidity clusters.
From a network perspective, TRON recently faced public scrutiny following the blacklisting of Justin Sun’s wallets by World Liberty Financial (WLFI), after allegations of token dumping. This move sparked renewed criticism toward TRON’s internal governance and raised concerns about centralized influence. However, it has not yet triggered substantial capital flight or on-chain instability.
Separately, TRON’s infrastructure continues to expand. A new collaboration between CoinEx Global and WINkLink Oracle was confirmed, aiming to enhance TRON’s DeFi data services. This partnership supports decentralized application builders by providing consistent data feeds for smart contract execution.
If selling subsides and trading volume stabilizes, TRX may recover toward $0.319-$0.325 in the next 7 days. Continued bearish pressure, however, may push the token below $0.30.
