Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Tron rises 26% in 3 months amid retail skepticism and stablecoin controversies

Market News
12 May 2026
Blockonomi
View Source
Bullish
pluang ai news

Tron (TRX) has surged 26% over the past three months, reclaiming the $0.35 price level for the first time since September 2025. Despite this price recovery, retail traders remain skeptical due to founder Justin Sun's controversial reputation, ongoing lawsuits, and regulatory scrutiny. The network's heavy involvement in stablecoin (USDT) transfers has raised concerns about illicit activity, reinforced by frequent Tether freezes on Tron addresses. Additionally, Tron’s ecosystem growth relies mainly on stablecoin and yield products, lacking exciting consumer applications, which has dampened retail enthusiasm. This persistent skepticism has limited retail buying pressure, allowing key stakeholders to push prices higher without triggering a typical euphoric rally and subsequent correction.

More News (TRX)

Crypto markets fall as Bitcoin dominance rises amid broad altcoin sell-off.

Crypto markets fall as Bitcoin dominance rises amid broad altcoin sell-off.

Cryptocurrency markets experienced a broad decline with major altcoins like Ethereum, Solana, and XRP falling sharply, signaling reduced risk appetite among traders. Bitcoin showed relative strength, dropping only 3.35% to $61,844, while its market d...

Market News
Bearish
1 day ago
TRON enables natural language queries for USDT data via Dune MCP, no SQL needed

TRON enables natural language queries for USDT data via Dune MCP, no SQL needed

TRON DAO has integrated with Dune Analytics' Model Context Protocol (MCP) to allow users to query stablecoin data like USDT flows and wallet activity using natural language instead of SQL. This innovation makes it easier to access TRON's extensive bl...

Protocol Fundamentals
Bullish
1 day ago
Whale withdraws $43M TRX from exchange amid bearish market sentiment and key support test

Whale withdraws $43M TRX from exchange amid bearish market sentiment and key support test

A large investor moved 130 million TRON (TRX) tokens worth $43.13 million off Poloniex, reducing the supply available on exchanges during a period of weakening market sentiment. Despite this significant withdrawal, traders remain bearish, with Binanc...

Technical Signals
Neutral
1 day ago
Bitcoin dips below $62,000 amid $3B liquidations and bearish derivatives signals

Bitcoin dips below $62,000 amid $3B liquidations and bearish derivatives signals

Bitcoin briefly dropped to $61,300 before recovering to around $62,500, triggering $3 billion in liquidations over two days. Derivatives markets show strong bearish sentiment, with increased put option activity at the $60,000 strike and rising implie...

Market News
Bearish
2 days ago
Bitcoin falls below $66K amid crypto sell-off despite global stock highs on AI rally

Bitcoin falls below $66K amid crypto sell-off despite global stock highs on AI rally

Bitcoin dropped 6.4% to $65,708, with ether also falling below $1,900 amid a broad crypto sell-off, even as global stock markets hit record highs driven by AI enthusiasm. The sell-off was triggered by bearish crypto news including MicroStrategy's bit...

Market News
Bearish
3 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App