TRX is now hovering around 0.329u, with only small fluctuations—it’s been bouncing in a narrow range of 0.32u to 0.33u.

Justin Sun’s project has delivered impressive results in stablecoin settlement volume. Last year, USDT’s average daily settlement volume exceeded Ethereum to become No. 1 across the entire network. The total stablecoin supply has reached the eight-hundreds-of-billions level—over 80 billion—but the token price here has never kept pace with this business growth. As the network is being used more and more, the coin price has stalled in place—this divergence is quite obvious.

Institutions recently made a move: Anchorage Digital added support for TRX staking just this month. Institutions can now stake directly on the platform to earn yield, showing that compliance has advanced another step.

Its all-time high was around 0.44u, which happened in December of the year before last. That surge was driven by the idea that Grayscale was considering adding TRX to its investment portfolio, along with the sentiment boost from Justin Sun himself pouring $30 million into the Trump-family WLFI project.

At this level, the short-term moving averages are being lifted, suggesting the short-term trend is still okay. But the long-term moving averages have been weakening since June, and the medium-term outlook is bearish.

Community sentiment at the moment is also bearish—it’s lagging behind the broader market and similar projects. For a short-term rebound and to push for a breakout, it will need fresh catalysts to drive it #trx $TRX