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Cryptocurrency News Articles

Tron (TRX) Price Outlook Gains Renewed Attention as Adoption Surpasses 300M Accounts

Apr 22, 2025 at 02:26 am

The Tron (TRX) price outlook has gained renewed attention following a sharp 10% rally, taking the token to approximately $0.2590. Notably, this price move comes on the heels of a major network update: Tron has surpassed 300 million total accounts, a milestone that signals growing global adoption.

Tron (TRX) Price Outlook Gains Renewed Attention as Adoption Surpasses 300M Accounts

Tron (TRX) has come into the technicals focus after a 10% rally. Now, at around $0.2590, Tron is eyeing a potential surge toward the $1.11 mark, provided that TRX maintains its momentum and avoids major resistance levels.

The Relative Strength Index (RSI) on the 14-day chart is currently at 60, leaving room for further gains before reaching the overbought level of 70. This suggests that there is potential for TRX to continue rising in the near term.

However, for this price increase to occur, there needs to be sustained interest from both retail and institutional traders, which will push the price higher and break through any resistance levels.

Moreover, if the price drops below the lower band of the Bollinger Bands, it could indicate a strong selling pressure, which might reverse the current uptrend.

Tron has become a hot topic in the crypto sphere as it continues to expand its user base with new all-time highs being reached in recent times. As such, the DeFi project has seen an influx of traders keen to capitalize on the potential gains on offer.

However, for TRX to sustain its upward trajectory, it is crucial for trading volume and technical indicators to remain supportive of the ongoing trend.

If not, the project might face difficulties maintaining the current levels and could open the door for a return towards key support.

On the other hand, if TRX manages to break through major resistance levels and technical indicators continue to indicate a strong upward trend, it could pave the way for a continuation of the uptrend towards new all-time highs.

The post Tron Price Hits 10% High as Major Milestone Sparks Interest in TRX appeared first on Benzinga.

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Cold Wallet’s $CWT token stands out with its emphasis on functional, accessible governance, a stark contrast to the symbolic integration often seen in other crypto projects. The team is unveiling a roadmap where governance isn’t a marketing checkbox but a live system for shaping the platform’s evolution.

Right from the start, $CWT holders will vote on practical matters — feature rollouts, roadmap priorities, fund allocations, and integration choices across multiple chains. This is a key differentiator for Cold Wallet, aiming to shift the focus from token ownership to true user agency in shaping the platform’s future.

To ensure broad participation, Cold Wallet plans to keep the technical barrier low. No complex wallet setups or crypto jargon are expected, with the goal being to provide simple interfaces and clear proposals that any user can understand and engage with.

This stands in stark contrast to the common complexities associated with DAO voting, which can deter user involvement despite the emphasis on decentralization.

At stage 1 of its presale, Cold Wallet’s token is priced at $0.007, with a projected launch price of ~$0.3571. The project is currently seeking to raise $10 million in presale to support its development and global expansion plans.

Those evaluating the best long term crypto investments will find Cold Wallet offering a rare balance—privacy-first tech is being combined with a governance model that could grow more relevant over time.

Ultimately, whether that vision translates into action will depend on both execution and community participation, which is the real test of any DAO.

Follow Benzinga on Instagram and Twitter for more business and finance news.

See More: Top Cryptocurrency News

The post Tron Price Hits 10% High As Major Milestone Sparks Interest In TRX appeared first on Benzinga.

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