Kategorie: Crypto Markets

• TRON active addresses and transactions have hit all-time highs.
• TRX price is on the verge of breaking out from a bullish flag pattern with a $0.50 target in sight.
• If TRX’s price holds above key support, a breakout above $0.280 could be imminent.

TRON (TRX) is gaining momentum as a sharp increase in on-chain activity meets the emergence of a classic bullish breakout, signalling a potentially significant price breakout.

Despite recent market volatility, the blockchain has managed to hold above key support levels, even as technical signals point to both downside risk and upside opportunity in the days ahead.

A sustained surge in daily transactions and active addresses has reinforced long-term bullish sentiment, suggesting that TRON may be preparing for a major move.

This growing optimism comes at a time when TRX trades just below a key resistance zone, with technical traders eyeing the confirmation of the breakout.

TRX price analysis

TRON’s price is currently hovering around $0.279 after gaining 2% over the last 24 hours, rebounding from a recent low of $0.2668 and staying well within its 7-day range of $0.2639 to $0.2822.

This relatively tight range reflects ongoing market indecision, although the token has posted a monthly gain of 13%, pointing to a broader upward trend that appears to be gaining traction.

Although TRX failed to sustain its momentum following a 2.57% intraday surge earlier this week, a strong bounce off critical support has kept bulls cautiously optimistic.

Technical indicators on the daily chart highlight a hidden bearish divergence in the Relative Strength Index (RSI), but price action remains constructive, particularly above the 50-day EMA at $0.2629.

The bullish structure is further reinforced by the alignment of the 50-, 100-, and 200-day EMAs, all of which are sloping upwards and providing dynamic support beneath current price levels.

Looking at the daily chart, it is evident that the price of TRON is breaking from a bullish flag pattern, a setup that typically precedes strong continuation moves in trending markets.

If the current daily candle closes above the bullish flag, we could have a confirmed bullish breakout, although it will remain to be seen how the subsequent candlesticks behave.

At the moment, strong rejection has been observed around $0.278 and $0.280, and a confirmed breakout above this resistance zone could propel TRX to $0.30 and beyond.

On-chain sentiment remains divided, with derivatives market data showing a decline in open interest to $264 million and a negative funding rate of -0.0005%, suggesting increased short positioning.

However, the long-to-short ratio has also fallen to 0.8793, revealing that a growing number of traders expect a price decline, potentially setting the stage for a short squeeze if bullish momentum resumes.

TRON price forecast

TRON’s fundamental outlook is increasingly bullish as the network hits a record high in active addresses, now exceeding 2.4 million and reflecting a consistent rise in user engagement.

Recent data from CryptoQuant confirms that daily transactions on the TRON network have surged past 8 million, a 30% increase in just four months that indicates robust network utility and rising demand.

Good Morning Friends!

TRON is heating up 🔥

With over $20 billion in stablecoin transfers daily, TRON is outpacing even Visa.

Daily transactions have surged past 8 million, climbing by 2 million since February.

At this pace, on-chain volume could exceed $7 trillion in 2025.… pic.twitter.com/bfOjy8FE93

— Jaffer (@JafferKOL) June 6, 2025

More importantly, a large portion of this transaction volume is now occurring outside of centralised exchanges, emphasising real-world usage and organic growth within TRON’s DeFi and dApp ecosystems.

This shift signals broader adoption of TRON’s services for peer-to-peer transfers, gaming, and decentralised finance (DeFi), especially in emerging markets where low fees and high throughput are crucial advantages.

USDT transfers continue to dominate TRON’s activity, with over $611 billion in value moved across its blockchain, positioning it as the top network for stablecoin transactions globally.

Given the platform’s growing appeal for developers and institutions alike, TRON is well-positioned to attract continued capital inflows and ecosystem growth, both of which could catalyse upward price movement.

While price remains about 35% below its all-time high of $0.4313 from December 2024, analysts argue that sustained on-chain strength could push TRX to retest and potentially surpass this level in the coming months.

Should the bullish flag pattern breakout be confirmed, then the altcoin could attempt to break past the resistance at $0.2806, with next targets at $0.41, $0.44, and even $0.50 as buying pressure accelerates on breakout confirmation.

Nevertheless, traders should monitor key support at $0.264, as a failure to hold this level may expose TRX to a decline toward $0.25, invalidating the bullish setup in the process.

However, as institutional interest grows and TRON continues to lead in active usage, the coming weeks could prove decisive in determining whether TRX begins its next major leg up.

The post TRON price forecast: active addresses surge amid a bullish breakout appeared first on CoinJournal.

• Bitcoin Pepe has raised $13.9 million ahead of a highly anticipated market debut.
• The crypto market is excited as Uber CEO Dara Khosrowshahi reveals the company could add crypto to payment options.
• The Bitcoin Pepe price could explode amid broader adoption and a Bitcoin rally.

Uber made headlines in the cryptocurrency space this week after revealing that it is exploring the integration of crypto payments into its platform.

While the ride-hailing giant clarified it has no current plans to hold Bitcoin (BTC) or other cryptocurrencies on its balance sheet, the mere prospect of accepting crypto as a payment method has stirred excitement across the digital asset community.

The move, if implemented, could mark a significant step toward mainstream adoption, given Uber’s global scale and user base.

Meanwhile, Bitcoin Pepe, one of 2025’s most closely watched presales, is seeing massive buying pressure ahead of its exchange debut.

Only 11 days to go before a listing announcement is made on June 17.

Uber is planning stablecoin adoption for payments

According to Dara Khosrowshahi, the chief executive officer of Uber, the company is studying the possibility of adding cryptocurrencies to its payment options.

Specifically, the company wants to use stablecoins for cross-border payments. However, it will not invest in or hold crypto.

Per the Uber CEO, who shared the move at the Bloomberg Tech Summit in San Francisco, the plan is to give customers more flexibility when it comes to payment choices.

“We’re still in the study phase, I’d say, but stablecoin is one of the, for me, more interesting instantiations of crypto that has a practical benefit other than crypto as a store of value,” Khosrowshahi noted.

“Obviously, you can have your opinions on Bitcoin, but it’s a proven commodity, and you know, people have different opinions on where it’s going.”

On this point, the broader sentiment leans bullish. Bitcoin (BTC) remains above the $100,000 mark, bolstered by signs of accelerating mainstream adoption and growing regulatory clarity.

JPMorgan recently announced plans to allow its clients to buy BTC, joining a growing list of institutions including BlackRock, MicroStrategy, and even GameStop that are deepening their exposure to the asset.

While recent volatility was amplified by the high-profile spat between Donald Trump and Elon Musk, Bitcoin continues to attract capital as a hedge, a store of value, and a bet on the future of decentralized finance.

Fear of missing out on BTC’s continued momentum has put other well-positioned cryptocurrencies on the investor radar—chief among them is Bitcoin Pepe.

Investors are bullish on Bitcoin Pepe

Bitcoin is a $2 trillion market ecosystem, and meme coins continue to find traction as serious projects come to the fore.

The Bitcoin Pepe project, which stands out as one of the best presales to invest in, is the first meme layer 2 on Bitcoin.

It has emerged as one of the most anticipated token launches in 2025.

With over $13.9 million raised so far, the Bitcoin Pepe presale page shows that the team will soon make a listing announcement on  June 17, 2025.

Presale Announcement

We’ve been working closely with exchanges, but as these things go, they need a bit more time to finalise. Therefore, our listing announcement is now set for June 17th, with more info coming 🗓️

To thank our early supporters, we’re giving a 30% bonus to… pic.twitter.com/Dq6o64EKvd

— Bitcoin Pepe (@BitcoinPepe_) June 2, 2025

Ahead of this announcement and a potential listing soon, investors are buying BPEP at the bargain presale price of $0.0396.

The crypto market is bullish on BTC and SOL, and set to tap massively into sentiment around these two coins is BPEP.

If you’re interested in buying Bitcoin Pepe, check out the project’s official website.

The post Bitcoin Pepe sees continued momentum as Uber plans to accept payments in crypto appeared first on CoinJournal.

• 1,700 wallets lost more than $100,000; only 311 gained over $1 million.
• UK banned the site in 2024; a lawsuit was filed against it in January 2025.
• Pump.fun plans to raise $1 billion through the upcoming PUMP token launch.

Pump.fun, the Solana-based meme coin launchpad, is facing scrutiny as new data reveals that more than half of participating wallets have suffered losses.

According to a Dune Analytics report cited by BeInCrypto, at least 60% of wallet addresses that interacted with Pump.fun over the past six months ended up posting losses.

The findings come just ahead of Pump.fun’s highly anticipated $1 billion PUMP token launch.

While the event has fueled significant buzz, it has also coincided with fresh selling pressure on Solana (SOL), the ecosystem’s base chain.

Millions lost, few gain as profit disparity widens

Of the 4.257 million wallets that traded more than 10 tokens on Pump.fun, 2.4 million (56.6%) registered cumulative losses between $0 and $1,000.

Nearly 1,700 addresses lost more than $100,000, and 46 wallets suffered losses in excess of $1 million.

By comparison, only about 5,000 addresses made over $100,000 in gains, and a mere 311 wallets reported profits above $1 million.

A breakdown of May 2025 profit-and-loss data shared by crypto analyst Miles Deutscher on X revealed that over 51% of wallets lost more than $500.

Just five wallets (0.0015%) earned between $50,000 and $100,000, underscoring the sharp imbalance in wealth generation across the platform.

Most profitable wallets gained only modestly, with 916,500 wallets earning between $0 and $1,000, further challenging claims of accessible wealth creation.

Trading bots, scams, and retail risk dominate platform activity

Pump.fun was initially positioned as an easy-to-use platform where anyone could launch a meme token on Solana for less than $2.

However, recent data casts doubt on its fairness and transparency.

Solidus Labs research cited in the same report found that 98% of tokens launched on Pump.fun showed signs of fraudulent activity or lacked real liquidity. Just 1.4% of tokens had active, verifiable markets.

With so few functioning tokens, analysts question whether Pump.fun is advancing DeFi adoption or simply enabling low-cost scams under the guise of community-driven decentralisation.

Pump.fun’s past regulatory issues have also resurfaced. The site was banned in the UK in 2024, and it is currently facing a lawsuit filed in January 2025.

The legal case, still ongoing, has amplified caution among both institutional and retail investors, particularly as the platform prepares for its high-profile token launch.

Solana hit by selloff ahead of $1B token sale

As the PUMP token prepares to go live, market participants are already reacting.

The launch aims to raise $1 billion through a community-distributed token model. However, the growing anticipation is triggering rotation away from Solana’s native token.

Traders are reallocating capital to speculate on the PUMP launch, causing downward pressure on SOL in recent weeks.

Deutscher noted in a separate post that this capital shift reflects how investors previously used SOL as a proxy for Pump.fun’s fee generation.

Now, with a direct token offering in place, SOL is no longer necessary as an intermediary asset.

This shift could weaken Solana’s near-term liquidity profile and complicate the network’s broader decentralised finance strategy.

Despite being a breakout player during the early 2025 meme coin rally, Pump.fun’s trajectory is now marked by significant risk.

The narrative of financial democratisation is undercut by hard data, which shows that 312,191 wallets — or 95.6% — either broke even or lost money.

Whether the PUMP token can reverse sentiment remains unclear, especially with regulatory and reputational clouds looming overhead.

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