TRON (TRX) Price: TRX Holds Key Support as Network Surpasses 392 Million Accounts

TLDR

• TRON has surpassed 392 million total accounts on its blockchain
• TRX is trading at $0.3321 with a market cap of $31.5 billion
• Analysts are targeting a breakout above the $0.35 resistance level
• Tron Inc. bought 151,322 TRX, bringing its treasury above 704 million tokens
• TRON’s TVL has risen by $1.95 billion (7.8%) since July 1

TRON (TRX) is showing steady momentum as its network hits a new user milestone and institutional buyers continue to add to their holdings.

On-chain data from the TRON blockchain explorer confirms the network has now crossed 392 million total accounts. This figure represents the total number of wallet addresses ever created on the network, not just daily active users.

TRON launched its mainnet in 2018 and has built itself around stablecoin payments and content delivery. USDT on the TRON network remains the dominant stablecoin transfer route, according to DeFilLama data.

The network processes up to 2,000 transactions per second at a cost of around 0.0003 TRX per transaction. That low-fee, high-speed setup has attracted major players including Binance, HTX, and Tether.

On-chain analyst account Lookonchain reported that since July 1, TRON’s Total Value Locked has climbed by $1.95 billion, a 7.8% increase. That rise points to growing activity on the network in recent weeks.

TRX is currently trading at $0.3321, up 1.13% in the last 24 hours. Trading volume over that period reached $492.43 million, with a total market cap of $31.5 billion.

Key Price Level to Watch

Crypto analyst Umair Orakzai noted that TRX continues to hold above a key support zone, keeping its bullish market structure intact. He flagged $0.35 as the next major resistance level to watch.

Analysts say a clean breakout above $0.35 would likely bring in more buyers and push the price higher. However, a false breakout — where the price briefly crosses the level before falling back — could trigger selling pressure.

The TRX price needs to either break clearly above $0.35 or continue consolidating within its current range, according to analyst commentary.

Tron Inc. Grows Its Treasury

Tron Inc. purchased an additional 151,322 TRX tokens at an average price of $0.3304 each. That purchase brings the company’s total TRX holdings to over 704 million tokens.

The company confirmed it plans to keep growing its Tron Digital Asset Treasury. The continued buying signals a long-term commitment to holding the native token.

TRX DAO has also noted the account growth milestone, tying it to the network’s push toward greater decentralization.

Regulatory developments in the EU and UAE are expected to shape whether TRON can build more institutional partnerships going forward.

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