Is TRX Set for a Breakout? Tron Network Activity and Derivatives Data Suggest Yes

• TRON price maintains ground near $0.333 as whales dump over 1.3B TRX in a week.
• Network adoption is also increasing with 323 million accounts and $27.14B TVL.

TRON (TRX) continues its steady climb, trading near $0.333 as of August 5, 2025. On-chain activity indicates a significant jump in whale buying. On July 29, the addresses with at least 0.1 percent of Tokens Reserve exchanges purchased 1.3 billion tokens.

This is a 588% growth in weekly inflows, higher than the last observed during the all-time high performance of TRX in the month of December 2024.

Source: IntoTheBlock

The current accumulation wave coincides with the attractiveness of the TRX Bitcoin pair. The TRX/BTC chart is currently trending to an ascending triangle at 0.00000293 BTC. This arrangement is nearly the same structure that it had been prior to its eruption the previous year. A firm breakout on the resistance may spill over to TRX/USDT trading, potentially fueling the rally.

Derivatives activity also indicates optimism in the market. TRX Open Interest has been increasing by more than 6% daily due to an increase of $522.1 million. This growth implies capital inflow into futures and options contracts with predominance of speculation and long positions.

These trends are in support of the ongoing bullish structure among both institutional and retail traders.

Source: Coinglass

Network Adoption Pushes TVL and Account Milestones

TronScan reported a 1.41% increase in the TRON ecosystem’s total value locked (TVL) in the last 24 hours to reach a high of $27.14 billion. This increase indicates the rising user activity, wherein more capital enters decentralized finance (DeFi) protocols within the network.

Meanwhile, Tron has surpassed its previous all-time record with its total account count of 323 million. The total volume of transfers over the blockchain exceeds $20.28 trillion. Average weekly stablecoin transfers were over $160 billion in the last week alone, highlighting the increased usage of stablecoins.

Source: TronScan

The increase in TVL and transfer volume is consistent with TRON’s role as a settlement layer for the stablecoin activity. The popularity of TRX is based on low-cost, high-throughput transactions, and developers and users continue to build cross-border payment and DeFi applications on it.

Price Structure and Indicators Hint at Next Move

On the daily chart, TRX has recovered the middle Bollinger Bands and is nearly tracing to the upper resistance at $0.3365. A close above that could send it to a follow-up buying pressure, more particularly, should it come with a TRX/BTC pair breakout.

Source: Trading View

The Relative Strength Index (RSI) is at 66.14 levels, which are slightly below the overbought levels. It has recently surpassed its moving average of 64.92, signaling improving momentum without indicating exhaustion.

Meanwhile, the MACD histogram indicates the convergence of the MACD line (0.0088) and signal line (0.0089). The lines are approaching a bullish crossover, which may validate the resumption of the uptrend. The price action is strongly supported over the 20-day moving average of $0.3218. Consolidation above this level in the short term increases support to the upside.

Source: Trading View

The bounce on Sunday off the $0.3187 support was a textbook morning star pattern, a configuration that can be observed at trend changes. The two-day rally evidences a V-shaped recovery, as the market recovered by 1.62% last Monday and by more than 1% on Tuesday.

Source