TRON: Stablecoin Market Cap Surpasses $90B
TRON stablecoin market cap exceeds $90B with May revenue at $32.23M; TRX price prediction points to bearish pressure at $0.33 amid EMA resistance.
SourceAnalysis
TRON stablecoin market cap crossed $90 billion in May while network revenue climbed to $32.23 million, outpacing every other chain according to DefiLlama data cited by Justin Sun.
Price action on the four-hour chart shows TRX trading at $0.33 inside the Bollinger Bands with upper resistance at $0.36; the EMA50 at $0.35 and EMA200 at $0.34 act as concrete overhead resistance while MACD prints a death cross and RSI sits neutral at 41.6, suggesting any bounce toward the upper band will likely stall and retrace toward the 50-EMA support before continuation.
Justin Sun 孙宇晨
@justinsuntronJustin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor