TRON: $5M Moved in 96 Transfers Last Week
TRON processed $5.2M across 96 transfers averaging $54K each, underscoring sustained USDT dominance on the network at current TRX levels.
SourceAnalysis
TRON DAO recorded more than $5M in value transferred over the past seven days through 96 separate movements that averaged above $54K apiece, according to data shared by Allbridge_io.
The activity aligns with the network holding nearly half of all circulating USDT and reflects continued institutional use of TRON rails for cross-chain settlement in the last twelve months.
Price action on the four-hour chart shows TRX holding the $0.33 zone that coincides with both the EMA200 and the lower Bollinger Band, while the EMA50 at $0.34 acts as immediate resistance; the MACD death cross and RSI at 38.42 keep the structure bearish, suggesting any bounce toward the $0.35 upper band remains vulnerable to rejection before a deeper test of the $0.33 support cluster.
TRON DAO
@trondaoThe official account for the TRON DAO, overseeing one of the largest blockchain-based operating systems. The content focuses on building the infrastructure for a decentralized internet, highlighting ecosystem growth, developer grants, and the adoption of TRX and USDT stablecoins within its network.
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