TRX Holds Steady as Tron Outpaces Ethereum on Crucial Benchmark
2025-01-08
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The cryptocurrency running on the TRON blockchain, TRX is now trading at $0.2499, a bit above its December low of $0.2237. As per the third-party data, Tron outperformed Ethereum in terms of fees as network activity carries on to go up. 
An on-chain data platform, TokenTerminal reveals that Tron has made more than $54 million in fees in 2025, positioning it as the second-most profitable token after Tether (USDT). Another prominent name in the industry, Ethereum (ETH) has just generated $35 million. Development in the stablecoin sector 
The Tron’s network fee surge started in late 2024 and is continuing till now. In the past 180 days, the fees of Tron were estimated at about $1.8 billion, notably higher than the $822 million of Ethereum in that same period.
The introduction of SunPump’s meme coin generator has profited Tron’s network. As per the reports of CoinGecko, there are hundreds of SunPump tokens, which have a market capitalization of more than $152 million. The largest ones are Sundog, Tron Bull, and Tron Bull Coin. 
Tron is also developing in the stablecoin sector. A blockchain explorer, TronScan revealed that the network controlled stablecoin transactions, estimating more than $108 billion on January 6, having the number of transfers about 2.15 million. 
The number of Tether holders on Tron has also gone over 58.9 million, and the on-chain metrics of the network remain significant. The network is categorized as one of the most downturned tokens in the crypto industry, having burned more than 8.3 million tokens on the same day. This drags the overall supply down to 86.19 billion, contrasted to 88.3 billion tokens a year ago.The chart analysis 
The chart analysis of TRX reveals that the token has grown for three continuous weeks as investors aimed to buy the dip. It is still over the key resistance level of $0.1842, which was its last all-time high. 
The token is also trading above and climbing the edge that is associated with the lowest levels since November 2022. Tron is above the 50-week shifting average, and at the same time, MACD and the Relative Strength Index have also skyrocketed. 
So, the TRX token will possibly carry on its upward momentum as buyers aim for the psychological resistance mark at $0.40. But, the bullish view would not be validated if the price goes down below the back at $0.1842.  © Todayq News