TRON (TRX) Price Prediction: TRON Eyes $0.45 Breakout Fueled by USDT Milestone and Bitcoin Correlation

With the network surpassing a major USDT milestone and a surprising correlation with Bitcoin emerging, analysts believe TRX could soon attempt a breakout toward the $0.45 mark.

TRON Surpasses $70 Billion in USDT Supply

Earlier this week, TRON DAO announced that the supply of Tether (USDT) circulating on the TRON blockchain exceeded $70 billion. This accomplishment further solidifies TRON’s position as the dominant platform for stablecoin transfers, outpacing major competitors like Ethereum and Solana.

USDT on TRON has exceeded $70 billion, marking a major milestone and reinforcing the network’s growing trust and responsibility. Source: H.E. Justin Sun via X

Justin Sun, the founder of TRON, celebrated the achievement while emphasizing its broader significance for the crypto sector.

“While we see this as a major achievement, it also reinforces our responsibility to continue building secure, scalable, and inclusive financial infrastructure,” Sun remarked. “This progress results from collective efforts across the entire crypto ecosystem, and we remain committed to advancing real-world utility through stablecoin innovation.”

TRON’s appeal lies largely in its speed, reliability, and low transaction fees, which have made it especially popular in emerging economies facing currency instability and limited access to traditional banking services.

TRX Price Outlook: $0.45 in Focus

Following the surge in USDT activity, TRON’s native token, TRX, is showing signs of renewed strength. Although TRX has moved sideways in recent months and remains over 50% below its all-time high, the technical outlook remains bullish.

TRX shows strong momentum, with analysts eyeing a potential breakout toward the $0.45 level. Source: Moharroon on TradingView

Market observers note that a decisive break above the $0.45 resistance level could set the stage for a broader rally, possibly retesting the highs seen in late 2024 when TRX approached $0.45.

If momentum continues, analysts predict TRX could become one of the standout performers heading into mid-2025.

Bitcoin Correlation Strengthens TRX’s Case

Adding to the bullish narrative, TRON’s price movements are increasingly mirroring Bitcoin’s. Justin Sun recently highlighted that TRX’s 30-day correlation with Bitcoin reached 0.37, notably higher than its correlation with Ethereum, Tether’s USDT, or Dogecoin.

In a post on social media platform X, Sun shared, “TRX=BTC,” signaling the strengthening relationship between the two cryptocurrencies.

Justin Sun highlighted a surprising correlation between TRON’s TRX token and Bitcoin on his X social media account. Source: H.E. Justin Sun via X

According to on-chain data from IntoTheBlock, this correlation underpins growing investor confidence that TRX could benefit alongside Bitcoin’s broader market movements, especially as BTC eyes further gains after its halving event.

Ecosystem Expansion and ETF Optimism

Beyond market dynamics, TRON’s expanding ecosystem also favors its bullish case. At the time of writing, the network has over 2.6 million daily active addresses and a total of over 302 million accounts registered.

Furthermore, TRON DeFi protocols shared dominance of about $5 billion in assets, according to DeFiLlama figures. Messari recently reported further that TRON achieved 2.7% revenue growth in the last quarter, earning it $760.2 million.

Most notably, investment firm Canary has filed an S-1 prospectus with the U.S. Securities and Exchange Commission (SEC) for listing a spot TRX ETF — a game-changer in terms of potential institutional adoption.

Unlike many other crypto ETFs, the proposed TRX ETF would include staking rewards, allowing investors to earn a passive income estimated at around 4.6%.

If approved, the ETF could trigger a new wave of institutional inflows into TRON, reinforcing the bullish price outlook for TRX.

Meme Culture Boost Adds New Energy

Meanwhile, TRON is also embracing the power of internet culture. Justin Sun’s push into the meme coin sector aims to blend TRON’s established technical foundation with the viral potential of social-driven narratives.

TRON (TRX) was trading at around $0.25, up 4.64% in the last 24 hours at press time. Source: Brave New Coin

This strategy is designed to resonate with younger, digitally savvy audiences who often drive market sentiment through memes and community movements.

By tapping into these emotional and social dynamics, TRON could broaden its appeal and enhance trading activity around TRX, offering an additional catalyst for price growth.

Looking Forward: TRX Gathers Strength for Potential Breakout

With a powerful combination of rising USDT supply, a stronger correlation with Bitcoin, ecosystem expansion, and emerging meme coin hype, TRON (TRX) appears well-positioned for a potential breakout.

As technical analysts eye the crucial $0.45 resistance level, TRX investors and traders alike are watching closely. Should bulls maintain momentum, a rally toward previous highs — and potentially new all-time highs — may not be far behind.