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TRON extends downturn from $0.32 on broader crypto woes

21 January 2026 at 06:13
  • TRON (TRX) has extended its decline amid a widespread cryptocurrency market pullback.
  • Prices have dropped further from recent highs near $0.32 and could slide to lows of $0.25.
  • Market conditions, including Bitcoin’s performance, will dictate overall movement.

Latest market data shows the TRON token slipping below key support levels at $0.30, with this coming amid downward pressures related to geopolitical and macroeconomic uncertainty.

This comes as reduced risk appetite impacts top coins. Broader market losses tied to jitters around souring US-EU trade relations have spooked investors.

On Tuesday, Bitcoin dropped below $90,000 and briefly slid to $87,800.

Ethereum slid to under $3,000 amid sharp losses for US stocks, while Solana, BNB and XRP all fell below key support levels.

TRON price slips below $0.30

As crypto caught a bid last week, TRON’s price jumped to $0.32.

However, with bulls retreating across the market, the altcoin has once again breached the critical $0.30 support level.

Volume-driven selling has accelerated the drop, with the token now trading near $0.29 as of writing.

The 24-hour trading volume is up 22% to over $770 million.

This slip echoes patterns seen in late 2025, when TRX hovered around $0.28 to $0.30 amid similar market hesitancy.

While the token showed signs of pulling higher,Β  it generally has underperformed the broader crypto index.

The repeated test of the psychological support and resistance zone highlights indecisiveness.

Technical analysis: What next for TRON?

TRX displays weakening bullish momentum on the daily chart.

As can be seen,Β  the MACD signals a reversal with the histogram contracting.

Meanwhile, an RSI near 47 signals a potential acceleration towards oversold territory.

On the daily chart above, we can see the TRX price rose as RSI climbed to hit overbought conditions.

The pullback follows these gains and points to profit-taking.

Declines have pushed prices below the support line of a narrow ascending channel, and failure to reclaim $0.30 could allow bears to target lower supports at $0.25.

The 50-day exponential moving average currently acts as key reload zone near $0.29.

TRON Price Chart
TRON price chart by TradingView

As such, upside potential remains if buying interest rebounds amid broader market recovery.

Bulls’ first targets lie in the $0.32-$0.33 resistance zone. Short term, with momentum hinging on broader market conditions, will see bulls eye $0.38 and $0.50.

How BTC navigates the negative terrain is crucial for altcoins, as an extension of bearish price action spells doom for buyers across the crypto market.

The post TRON extends downturn from $0.32 on broader crypto woes appeared first on CoinJournal.

Tether freezes $182M in USDT, highlighting centralized control in stablecoins

12 January 2026 at 02:35
  • The action was detected by Whale Alert and ranks among the largest single-day USDT freezes.
  • Tether has frozen over $3 billion in assets from more than 7,000 addresses since 2023.
  • Stablecoins now account for the majority of illicit crypto activity tracked by Chainalysis.

Tether, the issuer of the world’s largest stablecoin, froze more than $180 million worth of USDT within 24 hours, underscoring the growing role of centralized control and law-enforcement coordination in the stablecoin market.

The event stands out not only for its size but also for what it reveals about issuer-level control in the crypto economy.

As regulators scrutinise digital dollars more closely, the mechanics behind this freeze offer insight into how compliance now shapes on-chain liquidity.

Large-scale freeze on Tron

On Jan. 11, Tether froze roughly $182 million worth of USDT held across five Tron-based wallets in a single day.

The action was flagged by on-chain tracker Whale Alert, which showed individual wallet balances ranging from about $12 million to nearly $50 million.

The timing and concentration of the freezes marked it as one of the largest single-day USDT enforcement events recorded on the Tron network.

The wallets were not drained or moved.

Instead, the tokens were locked at the contract level, making them unusable while remaining visible on-chain.

This approach is consistent with how fiat-backed stablecoins are restricted when issuers respond to external requests.

Enforcement-linked coordination

While Tether did not publish a detailed explanation, the freezes appear linked to cooperation with US authorities, including the Department of Justice and the Federal Bureau of Investigation.

Historically, similar actions have followed investigations tied to scams, hacking incidents, sanctions breaches, or other forms of illegal crypto usage.

Tether maintains administrative control through special keys embedded in the USDT smart contracts it issues.

These keys allow the company to halt or freeze tokens at the issuer level.

Such functionality is central to how stablecoin operators comply with anti-money-laundering rules and legal enforcement demands, particularly when funds are suspected of being linked to criminal activity.

Scale of past USDT freezes

Data from analytics firm AMLBot places the Jan. 11 action in a broader context.

Between 2023 and 2025, Tether froze more than $3 billion in assets spread across over 7,000 addresses.

That cumulative figure far exceeds comparable actions by other stablecoin issuers, underlining USDT’s dominant role in enforcement-led interventions.

Tron has become one of the largest settlement layers for USDT, with more than $80 billion in circulation on the network.

Its low fees and fast settlement times have driven adoption, particularly in emerging markets and high-frequency trading environments.

At the same time, this scale makes Tron-based USDT a focal point for monitoring illicit flows.

Centralisation and market implications

The episode has renewed debate around centralised control in stablecoins.

Unlike decentralised assets such as Bitcoin, USDT can be paused or frozen by its issuer when legal pressure is applied.

This structural difference has practical consequences for users who rely on stablecoins as cash equivalents.

According to Chainalysis, stablecoins accounted for around 84 % of illicit crypto activity by the end of 2025.

The data reflects how dollar-pegged tokens have become a primary medium in fraud cases and sanctions-related transfers.

As enforcement actions grow in size and frequency, issuer-controlled stablecoins continue to sit at the intersection of regulatory compliance and decentralised finance.

The post Tether freezes $182M in USDT, highlighting centralized control in stablecoins appeared first on CoinJournal.

TRX price eyes gains amid $18M boost from Justin Sun

30 December 2025 at 12:14
  • The price of TRON (TRX) traded above $0.28 amid an $18 million backing from Justin Sun.
  • As top coins looked to bounce, TRX was showing resilience.
  • The altcoin’s move is largely helped by Sun’s investment and broader market sentiment.

Tron Inc. announced that it has secured an $18 million strategic equity investment from Justin Sun, the founder of the TRON blockchain.

Sun’s investment was made through Black Anthem Limited, with shares purchased at $1.3775 per share.

Tron Inc., which also operates in custom merchandise for major entertainment venues through a subsidiary, has been aggressively building a blockchain-integrated treasury strategy.

In this case, the company may be eyeing proceeds from this investment for a fresh expansion.

What does the Sun investment mean for Tron Inc?

Purchases will position the digital asset treasury firm as one of the largest corporate holders of the cryptocurrency and the leading publicly traded entity aligned with the TRON network.

Rich Miller, chief executive officer of Tron Inc., described the investment as a β€œpowerful endorsement” of the company’s strategy and long-term vision.

He emphasised that the capital will strengthen the balance sheet, enhance digital asset holdings, and support growth in areas such as global blockchain-based payments and Web3 infrastructure.

Sun’s continued backing of the TRON ecosystem is consistent with his broader push to support development across the blockchain network.

The latest investment builds on earlier initiatives by Tron Inc., including prior treasury expansions that have already positioned it as a notable participant in corporate adoption of TRX.

Market participants may interpret the move as a signal of confidence in the network’s growth trajectory, particularly as TRON seeks to strengthen its role in decentralized applications and stablecoin transfer activity.

TRON price: bulls hold $0.28

Despite volatility in the broader cryptocurrency market, TRX has maintained strong support around the $0.28 mark.

That’s where bulls hovered as of December 30, 2025, with a slight uptick to above $0.286.

Buyers saw a 24-hour trading volume of over $560 million. This stability reflects TRON’s robust network activity.

Key aspects include record user growth as Tron’s pivotal role in facilitating a substantial portion of global USDT transfers continues.

JUST IN: Tether has minted $1B $USDT on the #Tron Network.

In 2025, they minted $26B USDT on Tron. pic.twitter.com/KCzoZideuq

β€” SwanDesk (@SwanDesk) December 30, 2025

The blockchain’s high throughput and low-cost transactions continue to attract developers and users, contributing to TRX’s resilience.

Market observers suggest that the latest investment news could provide upward momentum, as it highlights institutional-level alignment with the ecosystem.

Tron price chart by CoinMarketCap

Short-term price action remains influenced by overall crypto sentiment.

However, the fundamental backing from Justin Sun may encourage accumulation among holders anticipating further ecosystem developments.

The post TRX price eyes gains amid $18M boost from Justin Sun appeared first on CoinJournal.

TRON price holds $0.28 as bulls show resilience

23 December 2025 at 13:24
  • TRON price held above $0.28 despite heavy price declines across the crypto market.
  • Bulls are showing greater resilience as most altcoins shed gains.
  • TRX could jump to above $0.30 or slip to major support in the $0.22-$0.20 region.

As the cryptocurrency market continues to grapple with significant volatility and downward pressure, TRON (TRX)Β  has stood out as a beacon of stability, firmly maintaining its price around the $0.28 level.

This resilience reflects TRON’s robust ecosystem fundamentals amid a broader sector correction that has seen major assets like Bitcoin and Ethereum retreat substantially from their yearly highs.

BNB price is also showing bearish signals.

TRON price holds key level at $0.28

TRON’s native token, TRX, has exhibited remarkable price stability in recent weeks, hovering consistently around $0.28 despite fluctuating market conditions.

Market data from major exchanges and aggregators have confirmed the current trading price at approximately $0.284, with minor variations across platforms reflecting real-time liquidity.

This steadfast performance is supported by strong on-chain metrics. TRON’s network continues to dominate in stablecoin transactions, particularly with USDT, which accounts for a significant portion of its activity.

Recent integrations, such as bridging with Coinbase’s Base Layer 2 network via LayerZero technology, have enhanced interoperability and liquidity for TRX.

Additionally, partnerships like the integration with Kalshi, the world’s largest prediction market platform, and Orbiter Finance for cross-chain swaps have bolstered ecosystem utility.

TRX bulls look to defy bears

While TRON maintains its ground, the broader cryptocurrency market is enduring a pronounced downturn.

Bitcoin has fallen sharply from its October peak above $126,000 to around $87k.

Liquidity concerns, ETF outflows, and macroeconomic uncertainties have dictated this downward action.

Ethereum has similarly struggled, trading at $2,950 after sellers capped a move to highs of $3,000 earlier in the session.

Several altcoins have experienced even steeper losses.

In contrast, TRON bulls have defied this trend through accumulated demand from real-world applications.

The network’s high throughput, low fees, and dominance in decentralized finance (DeFi) and stablecoin transfers, processing billions in daily volume have attracted steady inflows.

As the market navigates potential further corrections, TRON bulls may fancy further consolidation.

TRON Price
TRON price chart by TradingView

Technical indicators further reinforce this.

A look at the charts suggests short-term strength as shown by the MACD indicator.

Buyers are focused on the market’s ability to absorb selling pressure without sharp declines, with a gradual move toward the $0.30–$0.32 range emerging as the next upside objective.

If prices hold above the $0.28 area, a sustained move that turns $0.30 into support could shape the next phase of price action.

Network upgrades, new integrations and broader market conditions are expected to play an important role in determining direction.

In the near term, the 50-day exponential moving average stands as resistance around $0.29.

On the downside, a break below the key support level amid broader market stress could open the door for further losses, with bears potentially targeting the $0.22–$0.20 zone as an initial downside range.

The post TRON price holds $0.28 as bulls show resilience appeared first on CoinJournal.

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