98% Tron (TRX) Addresses in Profit, When ATH?

Tron (TRX) Soars as Nearly All Addresses Reap Profits

Tron (TRX) is experiencing a remarkable bullish rally, with an astounding 98.44% of its addresses currently in profit, reflecting a strong market outlook. According to IntoTheBlock data, Tron has signaled high investor confidence and positive sentiment in the last 24 hours.

Notably, Tron holders are reaping the benefits of the coin's impressive price performance. A staggering 76.48 billion TRX, valued at $21.17 billion, are currently "in profit," with no holder at a loss. Meanwhile, 1.56% of Tron addresses holding 8.54 billion TRX worth $2.3 billion are "at the money."

This represents a strong bullish indicator, as nearly all investors in Tron who purchased the asset are generating gains. Historical analysis suggests that when an asset hits over 95% profitability, the positive sentiment could drive further growth.

A catalyst that might fuel this momentum is that even recent buyers are in profit, as no address is "out of the money" in the time under consideration. However, the high profitability could trigger sell pressure, especially from short-term holders looking to take profit. If this happens, Tron will likely see a pullback or experience volatility.

As of press time, TRX is exchanging at $0.2782, representing a 2.75% increase in the last 24 hours. Investors are actively engaged, as trading volume surged by 59.57% to $1.25 billion.

The current bullish signal in the Tron ecosystem has been building gradually as market participants shifted toward the asset. Tron recently edged out Ethereum in stablecoin volume, marking a shift in stablecoin activity as liquidity moved away from Ethereum to Tron. The increased adoption is likely one of the price catalysts playing out on the market now.

Interestingly, Justin Sun, Tron's founder, predicted in mid-April that TRX could hit an all-time high (ATH) before the end of June. Tron is about 37.22% away from hitting its previous ATH of $0.4407, set in December 2024. The current price trajectory and ecosystem sentiment could support TRX in closing the gap, and the fear of missing out (FOMO) could attract new investors, speeding up further price increases.