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TRON price nears $0.35 amid strong momentum and stablecoin-driven growth despite skepticism.

Technical Signals
12 May 2026
Crypto news
View Source
Bullish
pluang ai news

TRON (TRX) traded near $0.349 after a steady three-month rally, showing strong momentum with an RSI above 75. The price has risen about 26% since February, supported by its role in USDT stablecoin transfers, which drives significant transaction volumes and market interest. However, skepticism remains due to concerns over illicit flows and doubts about the project and its founder, Justin Sun. The price may hold above $0.34 to $0.345 to maintain the uptrend, but a drop below could signal a short-term pullback. TRON is also gaining visibility with new index listings for professional investors, highlighting its growing market presence.

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