TRON (TRX) Price Prediction: Breakout Brewing as TRX Rides Strong Channel Toward $0.45 Target

TRON is making serious waves this week and not just because of price action. First, World Liberty Financial chose TRON to launch its USD1 stablecoin, putting a spotlight on the network’s speed and low fees. Now, with a TRX halving proposal gaining traction and price hovering near key resistance, TRON could be on the edge of a major breakout. If momentum holds, a run towards $0.45 may not be far off.

In a headline-grabbing move, World Liberty Financial has launched its USD1 stablecoin on the TRON network. This speaks volumes about TRON’s growing appeal for fast, low-cost transactions. While most eyes are on the stablecoin itself, the underlying decision to build on TRON highlights the network’s evolution into a serious player for asset issuance. With its high throughput and established global footprint, TRON offers the kind of scale WLFI likely needs to push USD1 into wider circulation.

WLFI’s USD1 stablecoin goes live on TRON. Source: Cointelegraph via X

Fresh off the news of WLFI launching its USD1 stablecoin on TRON, the network is now making headlines again, this time with price movement. TRX TRON price is hovering near the $0.30 mark, and Dendorion is already eyeing a push to $0.45.

TRX price hovers near $0.30 as halving proposal sparks bullish sentiment. Source: Dendorion via X

A new voting proposal is tied to a potential TRX halving, which could significantly impact token supply and staking dynamics. It would reduce block rewards, creating potential upward pressure on price due to a supply shock.

TRON has gone from handling less than 30% of Layer 1 fees to a staggering 80%. According to Chad3Web3, TRON now processes L1 fee volume annually, around $3 billion, more than Ethereum, Bitcoin, and Solana combined.

TRON now leads all Layer 1s in fee volume, processing over $3B annually, driven largely by stablecoin activity. Source: Chad3Web3 via X

The major reason behind this rise is stablecoins, and with projects like WLFI’s USD1 choosing TRON, the numbers are only expected to improve. Such vast improvements on fundamental sides are creating a positive impact on TRON’s price prediction.

The technicals are now accelerating, catching up to TRON’s network momentum. In the 1D chart shared by AltWolf, TRX has been carving out a textbook ascending channel, consistently printing higher lows while taking support from the lower trendline.

Price recently broke above a descending resistance that capped it for months, flipping that into support. The 200-day EMA is trailing far below around $0.11, showing just how far this uptrend has matured now.

TRX continues to ride a strong ascending channel, with key resistance at $0.30 now in focus for the next breakout. Source: AltWolf via X

Momentum-wise, there is still space for TRON to move higher. RSI is cruising mid-range, in a comfortable range, leaving room for another leg. Horizontal resistance at $0.30 is the immediate level to watch, and if that breaks with conviction, it confirms bullish continuation and would put TRX TRON price on towards $0.35 and $0.38.

TRON is one of the leaders in the current market. With stablecoins like USD1 joining the ecosystem, TRON is positioning itself as the go-to network. Adding in the halving proposal and bullish chart setup, it is entering a high-stakes moment. If price breaks and holds above $0.30, TRX TRON price could be looking at a strong push toward $0.38 and possibly $0.45.