TRX Price Eyes Breakout as Its Stock Up Over 40%

The price of TRX has been stable since April 2025, even during market volatility, showing underlying strength. Justin Sun's acquisition of SRM Entertainment, now TRON Inc. on NASDAQ, boosted market optimism. SRM stock surged over 40%, and TRX gained nearly 5% in a single session. TRON is generating about $2 million daily from network fees, indicating strong utility. Daily transaction counts have exceeded 9 million. Institutional interest is rising, with WLFI acquiring 40.71 million TRX and TRON Inc. purchasing 365 million TRX. Technically, TRX is aiming for $0.32 resistance, forming an ascending triangle, which suggests a potential breakout. However, traders are warned about possible short-term pullbacks.