TRON (TRX) Eyes 40% Breakout as Tether Mints 1 Billion USDT on Network, Backed by GENIUS Act

TRON (TRX) has gained significant momentum, with analysts highlighting a potential 40% price increase to $0.4501, driven by robust on-chain activity and bullish market indicators. The token has already surged 54% from its April lows and added 17% to its value since July [1]. This upward trajectory aligns with growing investor interest, reflected in elevated futures Open Interest (OI) and a positive funding rate, which signal sustained demand for long positions [1].

Tether’s recent actions have further solidified TRON’s role in the stablecoin ecosystem. The company minted 1 billion USDT on the TRON blockchain, bringing the network’s total supply to 83 billion tokens. Over the past 25 days, Tether has added 8 billion USDT across TRON and Ethereum, with TRON accounting for 2 billion [1]. This expansion underscores TRON’s appeal as a low-cost, high-throughput platform for stablecoin operations, particularly as global demand for regulated stablecoins grows. The U.S. GENIUS Act, recently passed into law, aims to create a framework for stablecoin oversight, potentially boosting institutional adoption and market legitimacy [1].

Technical analysis reinforces the bullish outlook. TRX’s price remains above critical moving averages, with the Moving Average Convergence Divergence (MACD) generating a buy signal on July 7 when the indicator crossed above the signal line [1]. The Relative Strength Index (RSI) is currently at 76, indicating an overbought condition but showing no immediate signs of a reversal. Traders are advised to monitor the 50-period EMA at $0.2703 and broader EMAs as potential support levels if a pullback occurs [1]. However, the absence of bearish divergence in key indicators suggests that bulls retain control, with the $0.4501 level—TRX’s all-time high—within reach.

Futures OI has remained above $492 million in recent sessions, a 7% decline from its July 23 peak but still indicative of strong ecosystem confidence [1]. The positive funding rate, which measures the cost of holding leveraged long positions, has also remained elevated, reflecting market participants’ optimism about TRX’s short-term prospects. Analysts note that sustained OI growth typically correlates with trend continuation, while declining OI may signal exhaustion [1].

While the current setup favors a breakout, traders are cautioned to remain vigilant. Overbought RSI levels often precede corrections, and a breach of the 200-period EMA at $0.1992 could trigger a deeper retest of support. However, with Tether continuing to expand USDT’s footprint on TRON and regulatory clarity emerging in the U.S., the macroeconomic backdrop for the token remains constructive [1].

Source: [1] [TRON Price Forecast: TRX eyes 40% breakout as Tether mints 1 billion USDT on the network] [https://www.fxstreet.com/cryptocurrencies/news/tron-price-forecast-trx-eyes-40-breakout-as-tether-mints-1-billion-usdt-on-the-network-202507281222]