Tron price forecast: SRM Entertainment stakes 365 million TRX tokens as part of its Tron treasury plan

TRON price stands at approximately 0.279 USD after gaining 5% last week. SRM’s staking of 365 million TRX tokens builds a 100 million USD treasury, contributing to a broader rise in stablecoin market capitalization above 81 billion USD, signaling potential for TRX growth.

Technical metrics such as the Relative Strength Index (RSI) of 56 and a bullish MACD crossover suggest that TRX is poised for an upward trajectory. The next resistance level to watch is around 0.296 USD, provided TRX maintains momentum.

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