TRON (TRX) Hits $0.28 Consolidation As The Network Expands into Base Network

1. TRON integrates with the Ethereum Layer 2 Base, enabling seamless TRX bridging and decentralized exchange access.
2. TRON processes millions of transactions daily, with $23 trillion in cumulative transfers, serving as a global settlement network.
3. Market positioning shows TRX consolidating around $0.28, reflecting real utility adoption rather than speculative trading.

TRON has officially announced its integration with Base, an Ethereum Layer 2 network incubated by Coinbase. With the help of the LayerZero technology, this partnership makes it easy to bridge TRON’s native cryptocurrency, TRX, into the Base network.

With this development, Base App users can now access the TRX currency using decentralized exchanges such as AerodromeFi. The founder of the TRON platform, Justin Sun, stated that the integration of the two platforms marked a crucial step in improving the interoperability of different blockchain networks.

The move aims to ensure seamless networking for blockchain platforms, provide wider access for developers and users, and ensure that the activities on the blockchain remain secure. This move by the network aims at fulfilling the platform’s mission of delivering fast and secure blockchain technology.

TRON Emerges As Key Player in Digital Finance

Since its mainnet launch in 2018, the network has become a significant aspect of the world of digital finance. Today, the network boasts 350 million accounts with a total locked value of over $23 billion.

The transactions conducted by the network amount to 10 million on a daily basis, and it has the ability to process transactions that amount to more than $24 billion per day. It has the capacity to address over 3.37 million accounts daily. The cumulative transfer amount on the network exceeds $23 trillion.

The activity of derives from its practical usage in transferring money back home, paying merchants, and satisfying the needs of the treasury in emerging markets. Therefore, the network is an economic utility and not a trading asset.

TRX Consolidates Near $0.28 Amid Controlled Accumulation

TRX is trading around $0.2799 as it maintains a tight range around $0.28. According to market experts, this indicates continuous buying by the long-term investors. The strong network provided by TRON, with fast settlement times and high transaction capacities, indicates its solidity during such a period of market sideways movement.

The Base integration will further strengthen the position TRON holds in the stablecoins and prediction markets. As the entire ecosystem continues to develop, TRX may see an increase as a result of its usage and adoption in the market rather than mere hype.

Market participants are closely observing the developments in the liquidity and long-term position, with the level of $0.30 being significant.

Also Read: TRON Price Forecast: TRX Gears Up for Explosive $0.42 Rally Soon