Technical analysis by DEXWireNews about Symbol TRX: Buy recommendation (2 hour ago)

TRON (CRYPTO: TRX ) has entered a new phase after officially retiring USDJ, its algorithmic stablecoin that has existed for over five years. Holders can now redeem at a fixed rate of 1 USDJ = 1.5532 TRX, closing the chapter cleanly and without market disruption. The shutdown signals TRON’s transition toward fully collateral-backed stablecoins like USDD and the massive USDT supply already dominating the chain. Globally, regulatory pressure continues moving the industry away from algorithmic models, making TRON’s timing strategic and aligned with long-term stability. The shift also clears legacy risks and simplifies the ecosystem, helping new users and institutions navigate TRON more easily. Analysts view this move as a maturity milestone that prepares TRON for its next wave of products and infrastructure upgrades. TRON’s dominance in the stablecoin sector remains unmatched. The network now hosts over 60% of the entire USDT supply, exceeding $78.5 billion, and continues to lead global settlement volume. In October, TRON processed $775.2 billion in monthly transactions, supported 76.4 million transfers, and maintained near-zero fees with sub-second finality. These metrics highlight why TRC-20 USDT is the preferred digital dollar across emerging markets, remittance corridors, and high-frequency commercial systems. This dominance directly reinforces TRX utility. Higher settlement flows create more demand for bandwidth and energy, increasing long-term token usage. TRON’s infrastructure remains reliable, with protocols like JustLend, SunSwap, WINkLink, and JustStables anchoring billions in TVL. Tether’s consistent preference for TRON further accelerates liquidity growth. Technicals TRX rebounded strongly from the $0.28 demand cluster, forming a narrowing wedge with higher lows. Holding above $0.280–$0.285 keeps bullish momentum intact. Breaking $0.31 opens the path to $0.34, with a stretch target at $0.37. Losing support risks another retest of lower levels.