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Tron price hits 1.5-year high near $0.38, fueled by rising stablecoin use and bullish trader bets.

Market News
26 May 2026
Crypto news
View Source
Bullish
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Tron (TRX) price surged to a 1.5-year high near $0.38, driven by increased stablecoin activity and strong bullish positioning in derivatives markets. The network's USDT stablecoin supply exceeded $85 billion in Q1 2026, making Tron a dominant platform for low-cost cross-border transfers. On-chain transactions hit record levels, while token burns created a deflationary effect, tightening supply. Positive momentum and trader interest suggest a potential breakout above $0.40, with technical indicators supporting continued upward movement.

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