TRON’s TRX Near $0.32, 25% Below Record

TRON’s TRX is trading near $0.32, roughly 25% below its $0.43 all-time high. The token has a market capitalization near $30.5 billion and ranks eighth by market value. Bitcoin trades more than 50% below its record.

TRX’s price has been relatively stable in 2026. The token slipped less than 4% over the past week and held a narrow trading range in recent sessions. Compared with other top-10 tokens, TRX has a smaller decline from its record: Ethereum is about 67% below its high and Solana about 78% below its peak.

On the weekly chart, TRX is inside an ascending triangle. Horizontal resistance sits near $0.365 and a rising support trendline has held since mid-July 2024. A three-drives formation appears within the pattern and a chart projection points to a possible resolution around mid-August 2026.

On the daily chart, TRX has traded inside a rising parallel channel since November 2025. The price recently tested the channel’s lower band and the 0.5 Fibonacci retracement near $0.32, which now acts as immediate long-term support. The next support level is near the 0.382 Fibonacci at about $0.31. Resistance levels appear near the 0.786 Fibonacci around $0.35 and near $0.37. The Relative Strength Index has declined to a long-term support trendline near the edge of bearish territory.

On-chain metrics show higher network activity and lower exchange balances. Active addresses rose from a baseline near 2 million in mid-2024 to about 3 million, with a dip in April 2026 followed by a recovery. Exchange net position change has turned negative in recent weeks, recording coins leaving exchanges. The largest exchange inflow spike on record occurred near the December 2024 high.

From current levels, TRX requires roughly a 34% gain to reach the $0.43 record. Support levels are at $0.31 to $0.32. Resistance levels are at $0.365, $0.35 and $0.37. Traders and market participants are monitoring the established trendlines, Fibonacci levels and on-chain metrics for further price movement.