TRX Tests $0.33 Resistance Amid Tron's Gasless Payment Boom

Tron's TRX token is testing its $0.33 resistance level, but can gasless payment adoption be enough to push it through?

The network's recent growth and adoption of its gasless transaction feature for Tether (USDT) transfers have been impressive.

Gasless USDT transfer volume has grown from near zero in June last year to approximately $2.9 billion during the final week of June this year, according to CryptoQuant.

While technical resistance remains a challenge, with TRX trading just above its 100-day EMA at $0.327 and 50-day EMA at $0.328, indicators suggest that buyers have a slight advantage in the market.