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TRON (TRX) has seen a slight dip to around $0.309, even as news broke that Anchorage Digital, the only crypto firm with a US federal banking charter, will add institutional TRX custody.
On the surface, this might seem contradictory since institutional adoption is usually bullish for digital assets.
But TRX’s price action suggests the market is not always immediately responsive to structural developments.
Anchorage Digital’s integration of TRON into its platform gives US institutional investors a regulated avenue to store, manage, and potentially stake TRX.
It is also part of a phased rollout, with plans including TRC‑20 token support and native staking.
From a technical standpoint, this is a strong signal of growing infrastructure and trust around TRON.
It lowers barriers for institutions that previously faced compliance or custody challenges.
In theory, such developments should increase demand for TRX and push the price upward.
However, markets often take time to internalise these structural changes.
There are likely several reasons for the temporary bearishness.
First, broader crypto market trends have been mixed, with key assets showing minor declines over the past 24 hours as oil rises over $110.
Second, some traders may be waiting for confirmation that institutions are actively using the custody service before entering positions.
Finally, TRX is facing a strong resistance near $0.3189, and on the lower side, there is a strong support around $0.3090 that, if broken, could trigger further downward pressure toward $0.3012.
Going by these levels, it is evident that the TRX price is currently bound in a narrow range, reflecting a period of consolidation.
While the short-term trend may seem bearish, the institutional integration remains a positive signal.
If adoption by institutions picks up, it could unlock new price ranges for TRX in the coming weeks.
The market may also respond to growing stablecoin activity on the TRON network, which highlights its ongoing utility.
For now, traders should watch for a breakout on either side of the current consolidation range.
A breakout above $0.3189 would confirm the continuation of its recent bullish momentum, while a break below $0.3090 would mean the beginning of a pullback after weeks of bullish trend that has seen it gain over 8%.
Tron
TRX
$0.35
24h volatility:
3.4%
Market cap:
$33.22 B
Vol. 24h:
$978.63 M
price moved above its 7-day average of $0.34 on Thursday, Sept. 18, signaling buyer dominance after a turbulent week that started with four consecutive days in the red. While the US Fed’s first rate cut of 2025 set the crypto market rebound in motion on Wednesday, Tron’s latest partnership with LayerZero boosted bullish sentiment.
In a press release sent to CoinSpeaker on Thursday, both teams confirmed the decision to deploy PayPal’s PYUSD token on the TRON network leveraging LayerZero’s Omnichain Fungible Token (OFT) Standard. According to details in the official statement, the move is targeted at enabling the PayPal-issued stablecoin to reach new markets.
“The launch of PYUSD0 on TRON gives both users and institutions greater accessibility, and reflects our ongoing commitment to supporting assets that bring trust, efficiency, and broader access to the digital economy,” Justin Sun, Founder of TRON, said.
PayPal built the first global digital payment network at the onset of the internet age. In 2023, they were the first major fintech company to launch a stablecoin with PYUSD.
With PYUSD0, PayPal and LayerZero are working to drive greater availability of PYUSD across blockchains. pic.twitter.com/CWOc2CP6sA
— LayerZero (@LayerZero_Core) September 18, 2025
Bryan Pellegrino, Co-Founder and CEO of LayerZero Labs, also chimed in, citing the US Dollar’s foundational role in global finance amid recent de-dollarization moves from rival nations, including Russia and China.
“The US dollar is the foundation of finance. Stablecoins are the killer app within the crypto ecosystem. With PYUSD0, PayPal USD expands its reach and flexibility to work across today’s networks and tomorrow’s. Launches like this make it obvious that we are at the start of a global financial market that breaks down borders and works around the clock,” Bryan Pellegrino, Co-Founder and CEO of LayerZero Labs, stated.
Tron remains the largest stablecoin network globally, with cumulative transfer volume exceeding $21 trillion since its mainnet launch in 2018. The PYUSD adoption aligns with the team’s recent moves to double down on its market-leading position after the community approved a 60% cut in network fees earlier in September.
In terms of market reaction, Tron price remains on the upward trajectory, rallying 3% intraday to breach the $0.35 resistance level.
Top 10 Cryptocurrencies performance, Sept 18, 2025 | Source: Coinmarketcap
Relative to the broader market, TRX’s gains place it as the second-lowest gainer intraday, behind Bitcoin (BTC), which rallied 1.84%, as it struggles to breach a $1.8 billion short-leverage cluster at the $118,000 mark at press time.
Within the same timeframe, Dogecoin, Solana, and Cardano emerged as top gainers, rising 6.5%, 6.7%, and 7.4% respectively, leaving room for more upside bets on Tron price if bulls move to capitalize on the positive sentiment from the latest stablecoin adoption.
TRX’s 3% intraday rebound to $0.35 now places it above the 7-day simple moving average (SMA), signaling renewed buying momentum after starting the week on the back foot with four consecutive days of losses.
Technical indicators on the TRXUSDT daily chart show steady support below the intraday candle, with the 30-day SMA ($0.3436) and the 50-day SMA ($0.3426) tightly aligned.
Tron (TRX) Technical Price Analysis, Sept 18, 2025 | Source: TradingView
More importantly, the 7-day average has crossed above both the 30- and 50-day SMAs, flashing an active golden cross, which historically often marks the onset of a major upside cycle.
Also, the MACD indicator has just turned positive, with the signal line lagging, reinforcing the bullish outlook. If bulls hold out for a close above $0.35, the next major target lies at the $0.372 level, last tested in early August. On the downside, a failure to defend $0.34 support could see TRX price retest the $0.31 zone.
However, given the strength of dual fundamental catalysts from the Fed rate cut and the PYUSD0 stablecoin launch, odds favor continuation of the current Tron price rebound phase.
While Tron’s stablecoin integration with PayPal has strengthened investors’ confidence in its short-term price outlook, community-driven projects like Pepe Node are also gaining traction.
Pepe Node allows users to build virtual meme coin mining rigs, combine nodes for enhanced returns, and earn tokenized bonuses. The project blends gamified Web3 infrastructure with community incentives, appealing to investors seeking early-stage projects with high upside potential.
Pepe Node Presale
Currently priced at $0.0010, the presale has already raised more than $1.16 million of its $1.3 million target. Interested participants can still join via Pepe Node’s official website before the next presale price tier unlocks.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Ibrahim Ajibade is a seasoned research analyst with a background in supporting various Web3 startups and financial organizations. He earned his undergraduate degree in Economics and is currently studying for a Master’s in Blockchain and Distributed Ledger Technologies at the University of Malta.
Tron’s native token, TRX, is at a crossroads. The cryptocurrency is flashing signs of weakness on technical charts, even as its underlying network continues to break records in stablecoin activity.
With the TRX price sliding below key trendlines and bearish indicators building, the contrast with Tron’s booming fundamentals has left traders debating whether a correction or a rally will come next.
TRX slipped below its ascending trendline this week, trading around $0.345 after a near 7% pullback from its yearly high at $0.370.
The breakdown marked the first decisive violation of the bullish structure that had been in place since late June.
On-chain and derivatives data echo the bearish mood. CryptoQuant’s Spot Taker CVD for TRX has been in negative territory since mid-August, signalling that sellers are in control of market flows.
At the same time, Coinglass data shows that TRX’s funding rate has turned negative, with shorts outpacing longs — a development often linked with growing downside pressure.
Momentum indicators are also leaning bearish. The Relative Strength Index (RSI) is stuck near its neutral 50 level, showing indecision, while the Moving Average Convergence Divergence (MACD) flipped into a bearish crossover on Sunday, flashing fresh sell signals.
If TRX fails to reclaim the $0.345 level on a daily close, a decline toward $0.330 remains a strong possibility.
While technical charts point lower, Tron’s network fundamentals tell another story.
The blockchain recently processed more than $600 billion in stablecoin transfers in a single month, an unprecedented milestone that highlights its growing role as the backbone of global digital payments.
The surge in transaction activity underscores Tron’s competitive edge: low fees and fast settlement times. Users and institutions are increasingly choosing the network to move value, making it the preferred settlement layer for Tether’s USDT.
More than nine million transactions are now processed daily, with over one million unique wallets interacting with stablecoins on Tron each day.
This level of usage is not only significant compared with rivals, but it also dwarfs Ethereum in terms of stablecoin settlement.
Recent data released by Messari shows Tron commanding more than 63% of the circulating USDT supply at $81.2 billion, compared with Ethereum’s $73.8 billion.
In daily transfer volumes, Tron moves almost seven times more than Ethereum, cementing its dominance in this segment of the market.
For Tron (TRX) token holders, the current picture is mixed. On the one hand, technical indicators point to a near-term correction, with $0.330 emerging as the next downside target if sellers maintain pressure.
On the other hand, the network’s record-breaking volumes and commanding position in the stablecoin market provide a strong long-term bullish backdrop.
At $0.3478, TRX trades nearly 19% below its all-time high of $0.4313 set in December 2024.
Nevertheless, the token is still up more than 100% year-on-year, supported by steady adoption and robust transaction flows.
For now, the key level to watch remains $0.345. A sustained break below it would favour further weakness, but a recovery above could reopen the path toward $0.370.