In the volatile arena of crypto, where tales of booms and busts unfold daily, October 23, 2025, spotlights TRON once more. Trading around $0.322 – a mild uptick from the daily candle's $0.3223 GMT open – TRX seems to be taking a deep breath before a big move. Is this steadiness a hidden strength, or merely a brief halt amid the swings?
Glance at the charts. TRX's 24-hour volume edges up 0.66%, topping the weekly average and hinting at fresh inflows. RSI lingers at about 50, neutral turf, while MACD beams subtle bullish crossover vibes. Key support at $0.320 stands firm, and a crack could probe $0.310, but the budding ascending triangle pattern whispers a breakout to $0.340 – a view buoying many traders.
Today's sizzling updates flip the narrative. Tron's Q3 protocol revenue soars to a record $1.2B, underscoring ecosystem muscle with over 340M users and 11B transactions. Dissected by Messari and RWA.io, this cements TRX as a dApps and stablecoin powerhouse. Coinbase listing whispers, sparking a 2.8% pop on October 21, amp the buzz – insiders bet it could double volumes.
Macro undercurrents stir the pot too. U.S. sanctions on Russian oil giants Rosneft and Lukoil pump energy prices, tweaking Tron's network tabs. The dollar's pre-CPI nudge clamps risk assets, and a softer yen widens central bank chasms. Chinese firms' dollar fire sale, however, spotlights TRX for Asian remittances and DeFi plays.
Yet glimmers from the East shine bright. TRX, defying dips, clocks over 100% YTD gains, rubbing shoulders with XRP and SOL as top picks. In Canada, Mark Carney's 'generational investments' for November's budget, tech-savvy, might channel funds to chains like TRON. U.S. defense spending topping $1T in 2026 brews stimulus, firing up risk appetites.
Deeper probe: Whales' upbeat wagers rock the boat, but weekly calm persists. TRX shadows BTC at $108K and ETH at $3,850 in the market hush, yet volume yells latent power. Elliott Wave eyes a lunge to $0.350 pre-correction. 2025 medians at $0.38 tempt fate.
You might ponder: Can TRX hit $0.45? Chart eagles say yes, 2025 roadmap and uptake in hand, but descending patterns lurk bearish.
Jobs beat: ADP's Fed data freeze nails low rates – TRX's edge. Amazon's bot overhaul ditching half a million roles swells joblessness, funneling dough to crypto. Housing's low mortgages oddly curb demand.