Key Takeaways
- Tron’s blockchain witnessed a significant surge in TRX transfer counts, hinting that the asset may be gearing up for its next leg up.
- The blockchain’s DEX volume posted a significant jump from $57.25 million at the start of October 2025 to $111.17 million on October 9, 2025.
- Price action suggests the asset is heading toward a key support level; if it fails to hold, it could see another 8% dip.
The sentiment around TRX, the native token of the Tron blockchain, is heating up, hinting that the asset could be poised to repeat its historical patterns. TRX price could see a major boost in the coming weeks, according to technicals.
TRON On-Chain Spike Signals Potential Upside
A crypto expert recently shared a report noting that Tron’s blockchain has witnessed a significant surge in TRX transfer counts, marking the highest level recorded in the past year. According to the report, when Tron’s blockchain experienced similar bursts in transfer activity during September–November 2024 and March 2025, it was followed by strong upward momentum.
In fact, the market is expecting a similar rally this time as well. Meanwhile, the expert noted that if history repeats itself, the surge in TRX transfer activity could serve as an early indicator that TRX is gearing up for its next leg up.
At press time, with the price consolidating above a key support level, renewed on-chain activity suggests fresh liquidity and growing user demand entering the TRON network.
Other than the TRX transfer count, Tron’s DEX volume also supports the bullish outlook for TRX. Per DeFiLlama, Tron’s DEX has shown an impressive surge in October 2025, soaring from $57.25 million to $111.17 million over the past 24 hours, indicating growing investor interest and potential bullish momentum for the asset.
Current Price Momentum
TRX is currently trading at $0.335, recording a 2% price dip today, according to TradingView data. Despite this, investors and traders have shown strong interest in the asset, resulting in a 35% surge in TRX’s trading volume to $1.13 billion.
You might be wondering, if Tron’s on-chain signals show a bullish outlook, then what’s driving the price down?
Here’s Why TRX Price is Falling
The key catalyst driving TRX’s price lower is the current market sentiment. According to TradingView, the broader crypto market is experiencing a significant decline, with major assets like Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) posting price dips of over 1.80%, 5.10%, and 6.25%, respectively, today.
Tron (TRX) Price Action and Upcoming Levels
TimesCrypto’s technical analysis reveals that TRX is currently in a make-or-break situation. On the daily chart, the asset is heading toward a key support level at $0.33, which it has held since the beginning of September 2025.
If history repeats itself, TRX could see a price rebound from the support level. However, if the downward momentum intensifies and the price breaks below the $0.33 support level, the market could witness a 9% fall, pushing the price toward the $0.30 level. At press time, Tron’s Average Directional Index (ADX) value stands at 16.93, below the key threshold of 25, indicating a weak directional trend in the asset.
Read More: Analyst Spots Red Flags on Bitcoin Chart as Price Stalls at $122K
