TRX Bulls Charge Back as TRON Price Nears Breakout Zone Following $100M Staking and Surging On-Chain Activity
TRON is starting to heat up again this week, with the TRX price climbing closer to a major breakout zone. At the same time, some big moves behind the scenes, especially from SRM Entertainment, are putting the spotlight back on the TRON ecosystem.
According to BSC News, SRM just launched a massive $100 million TRON treasury strategy. As part of that plan, they’ve already staked 365 million TRX on the JustLend platform. This push comes shortly after TRON founder Justin Sun joined SRM as a strategic advisor, adding even more weight to the move.
SRM ENTERTAINMENT STAKES 365M TRX AS PART OF $100M TRON TREASURY STRATEGY
– SRM Entertainment launched a $100 million TRON treasury strategy, staking over 365 million $TRX on the JustLend platform.
– The initiative was announced on June 30, just weeks after TRON founder Justin… pic.twitter.com/28muyd4uWe
— BSCN (@BSCNews) July 1, 2025
SRM’s new chairman, Weike Sun, says the goal is to earn up to 10% APY on the staked TRX. And it’s not just about staking, the company is going all in. They’ve raised $210 million in strategic funding and made a $100 million equity investment to expand their TRON holdings.
CEO Rich Miller called TRON a leader in cross-border settlements using dollar-pegged stablecoins, saying it’s a smart choice for shareholders. On top of that, the team plans to rebrand the blockchain under the name “Tron Inc.,” signaling that this isn’t just a short-term play, it’s a long-term commitment.
TRON Network Growth Reinforces Long-Term Strength
On June 27, top analyst Crypto Patel described TRON (TRX) as one of the most overlooked Layer 1 platforms. In a post on X, he detailed growth across daily transaction volume, which doubled from 5 million to 9 million since September 2023. Patel also mentioned the rise in gas fees as a driver of TRX demand, since fees on the network are paid in TRX.
He noted that TRON remains the leading chain for USDT transfers and has maintained low transaction costs. With a success rate over 96%, the network has continued to attract users throughout different market cycles.
#TRON IS BACK — AND STRONGER THAN EVER
Here’s why $TRX might be the most underrated L1 right now 👇
— Crypto Patel (@CryptoPatel) June 27, 2025
🔹 Daily transactions nearly doubled since Sep 2023
🔹 From 5M → now touching 9M/month
🔹 Slight gas fee hike = more #TRX demand (fees paid in TRX)
🔹 Uptrend is utility-driven,… pic.twitter.com/phTlUEDqd9
TRX Price Testing Breakout Levels
According to the TRON 4H chart, TRX is trading near $0.2787. It remains just below a descending trendline from early June and is testing resistance between $0.282 and $0.294. This area has acted as a strong rejection point in previous attempts.
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TRX is getting some support from the 50-period EMA, which is sitting right around $0.2750. The RSI is up at 63.72, showing that bullish momentum is picking up, but we still need to see a clear breakout. If TRX can push above $0.282 and hold, it could be on its way toward $0.30. On the flip side, if it gets rejected again, there’s decent support waiting between $0.26 and $0.262.
Traders are also watching for a strong close above the trendline with some solid volume to back it up. If bulls manage to reclaim $0.294, that could be the confirmation needed for TRX price shift into a more sustained uptrend. For now, the $0.26 to $0.282 range is where most of the action is happening.
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