Tron on the Rise: TRX Halving Buzz and Major Ecosystem Expansions

    Let’s discuss how TRX halving is making the buzz in the crypto market and also see what impact it has on TRX price prediction.

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    Updated Mar 22, 2025 2:52 PM GMT+0
    Tron on the Rise: TRX Halving Buzz and Major Ecosystem Expansions

    The Tron (TRX) community is abuzz with speculation about a potential TRX halving, which could turn the token even more deflationary. The founder of Tron, Justin Sun, responded to these questions and assured validators that it would still be worth to validate the network with the proposed reduction in TRX emissions. He pointed to Bitcoin’s halving model and discussed how TRX halving was part of creating long-term sustainability. TRX has already enjoyed a 1% annual supply reduction, and Sun believes increased validator rewards could take TRX to a 2% deflation, thus creating a stronger network over time.

    Tron’s Growing Influence

    In addition to the TRX halving conversation, Tron is making significant strides across the crypto landscape. A substantial integration with Solana is forthcoming, enhancing asset transfer between the two blockchains. In addition, Justin Sun has recently assumed an advisory position with World Liberty Financial International (WLFi), an organization associated with former President Donald Trump. This has led to speculation that TRX may even find its way into a crypto-reserve backed by the U.S. government. With confidence in Tron growing, investors are starting to notice.

    TRX Price Gains Strength Amid Positive Developments

    With so much wind behind Tron, TRX’s price has been moving. With increased enthusiasm, traders are watching key technical indicators to determine if this rise has legs. Next, we will dissect TRX’s price action through moving averages, RSI, and key support and resistance levels to gain insight into TRX’s direction.

    Price Analysis and TRX Price Prediction

    The trading session on March 21 opened with a moderate downtrend, following the bullish momentum from the previous session. The key resistance and support level stands at $0.2377 and $0.2327 respectively. At 05:25 UTC, a golden cross formed aligning with the overbought signal from RSI pushing the prices in an uptrend channel. The prices soon rose steadily reaching the high of $0.2373 before a death cross appeared leading to a slight price. However,  The price fall quickly recovered following a strong bullish sentiment. Shortly, a series of golden and death crosses formed in the MACD line building a two-way pressure on the prices. This resulted in the coin entering a short trading range near the Resistance level. 

    Chart 1, Analyzed by Alokravantmedia published on March 22, 2025.

    By 20:40 UTC, a clear death cross was constructed leading to a steep fall in prices entering a downtrend channel. By 22nd March, a golden cross emerged coinciding with the oversold signal from RSI saving the price from further fall. The price soon entered an uptrend channel but the selling pressure continued to develop as RSI soon indicated an overbought market, This resulted in price swings inside a new trading range.

    What lies ahead for TRX now?

    Tron (TRX) remains a focal point of attention with developments from the proposed TRX halving to significant ecosystem expansions. Justin Sun’s statement that validators will remain viable even after significant cuts in TRX emissions has reassured many about TRX’s long-term viability. Lastly, there is growing speculation surrounding Tron’s influence, particularly with its inclusion on Solana and Sun’s ability to advise at WLFi, into whether or not there will be at some point a U.S.-backed crypto reserve. The TRX price analysis suggests that a sustained breakout above the key resistance of $0.2377  would strengthen the bullish momentum and will enter a new key support and resistance level. However, a fall below the $0.2327  support level could also result in consolidation of prices, reducing it to lower support levels. The TRX price prediction indicates that traders should monitor confirmation from signals like MACD and RSI to ascertain the subsequent course of action.

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