Crypto
TRON Stablecoin Market Surpasses $4.8 Billion in 90-Day Growth
The TRON stablecoin market has seen significant growth over the past 90 days, adding $4.8 billion to its market cap.
This is nearly twice the combined growth of the other top 10 chains, which added $2.59 billion in the same period, according to data from Token Terminal cited by Crypto Briefing.
The price action on the 4-hour chart for TRX shows it trading at $0.34, within the Bollinger Bands, with an upper resistance at $0.35 and lower support at $0.34.
A neutral RSI(14) of 61.54 paired with a MACD golden cross suggests a healthy retracement to the EMA50 level at $0.34 before any further extension higher.