TRON Price Stabilizes Near $0.326 Amid DeFi Growth

TRON's price has stabilized near $0.326 after a late-August pullback off the recent high of $0.35. The drop stopped just above the daily Bollinger Band's lower boundary at $0.32255, and the price has remained there for the past two sessions.

On the weekly chart, TRON has spent nearly two years inside an ascending wedge that formed after the token ran from $0.10 to a peak near $0.45 in late 2024. The wedge top has capped every rally near $0.375 to $0.38, while the rising bottom trendline has held every pullback.

The TRON DAO strategy report published through CryptoSlate on September 2 said TRON's DeFi total value locked climbed past $5.18 billion by September 1, putting the network among the top five public chains and ahead of Solana and BSC during peak trading periods.