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Tron (TRX) is once again in the spotlight as it tests the upper and lower 
boundaries of a key consolidation range that has held for months. The price 
has been oscillating between $0.211 and $0.295—a range that has acted as both 
support and resistance since the start of the year. With volatility gradually 
returning to the crypto market, a breakout from this zone could set the stage 
for a major directional move. A confirmed push above $0.295 could open the 
door for a rally toward uncharted territory, while a break below $0.211 might 
signal a deeper correction. Related Reading: Strong Ethereum Accumulation 
Detected: LTH Buying Heavy During June Consolidation According to new data 
from CryptoQuant, large transactions are currently driving volume dominance on 
the Tron network. While the majority of transactions on TRON are under $1,000 
in size—showing that retail users are actively engaged—it is the high-value 
transfers that account for most of the total volume, highlighting growing 
institutional or whale interest in the network. As broader market conditions 
remain uncertain and altcoins begin to show signs of life, the coming weeks 
will be critical for TRX. Whether bulls or bears take control will likely 
depend on how the price reacts to this well-defined consolidation range. Tron 
Eyes Expansion Amid Growing Network Activity Tron has captured significant 
attention in recent weeks, driven by a combination of major announcements and 
strong on-chain activity. A report two weeks ago revealed that Tron is 
preparing to go public via a reverse merger with Nasdaq-listed SRM 
Entertainment. While full details have yet to be confirmed by official 
channels, sources familiar with the matter suggest the process is underway. If 
completed, this move could mark a historic moment for the blockchain space, 
giving Tron greater exposure to traditional investors and boosting 
institutional legitimacy. Despite these developments, price action remains 
locked in a consolidation phase. The broader market’s volatility and macro 
uncertainty continue to suppress directional momentum for TRX. However, 
network fundamentals tell a different story—Tron’s on-chain activity is 
booming. Top analyst Darkfost highlighted a key insight: large transactions 
currently drive volume dominance on the TRON network. Although more than 1 
million USDT transactions on TRON are below $1,000, just 16,000 transfers 
above $100,000 dominate in terms of volume. This divergence shows that while 
retail usage is high, major players are still actively moving large amounts of 
capital on the network. The consistent dominance of small transfers reflects 
Tron&#8217;s accessibility and everyday utility among users, while the growing 
transaction count signals expanding adoption. Together, these factors suggest 
that Tron is building strong foundations, regardless of short-term price 
direction. The coming weeks could be pivotal, especially if the public listing 
advances and TRX breaks its multi-month price range. Related Reading: Bitcoin 
Dominance Shows Bearish Divergence – Altseason Could Be Near TRX Consolidates 
Near Resistance Amid Growing Momentum Tron is currently trading at $0.2787 
after several weeks of sideways movement, as shown in the chart. The asset 
remains in a well-defined consolidation range between the $0.211 support zone 
and the $0.295 resistance. Despite several attempts, TRX has been unable to 
decisively break through the upper boundary, signaling market hesitation. 
However, the overall price structure remains constructive. The 50-day, 
100-day, and 200-day simple moving averages (SMA) are all trending upward, 
with price currently testing the 50-day SMA as dynamic resistance. This 
alignment supports the argument for a longer-term bullish structure, even as 
short-term consolidation continues. Volume has slightly picked up in recent 
days, suggesting a growing interest among traders. A clear breakout above 
$0.295 would likely trigger a new upward phase and bring fresh highs into 
play. Until then, traders are watching for confirmation, as the market tests 
the upper boundary of the range. Related Reading: Ethereum Sees $269M In Net 
Inflows In 24H – Bullish Momentum Accelerates With strong fundamentals, 
increasing on-chain activity, and speculation about Tron’s public listing via 
reverse merger, momentum could accelerate soon. If bulls can maintain the 
$0.27–$0.28 level and push above $0.295, TRX could enter price discovery for 
the first time in months, opening the door to higher valuations. Featured 
image from Dall-E, chart from TradingView

Tron Shows Adoption Strength As Volume Still Led By Big Transfers – Details

Figma&#8217;s S-1 reveals $70M in Bitcoin ETFs and board approval for $30M BTC via 
USDC, highlighting its Bitcoin corporate treasury strategy.
The post Figma IPO filing shows $70M in BTC ETFs, gets board nod for $30M more 
appeared first on Crypto Briefing.

Figma IPO filing shows $70M in BTC ETFs, gets board nod for $30M more

Bitget Wallet partnered with Mastercard and infrastructure provider Immersve 
to launch a zero-fee crypto-linked payment card. Mastercard Digital First 
Enables Instant Bitget Wallet Crypto Card Access The card allows users to 
spend directly from their digital wallets at over 150 million Mastercard- 
accepting merchants globally. It will be accessible via the Bitget Wallet app, 
supporting real-time […]