TRON crypto is showing a positive trend following the launch of a new MoonPay-integrated wallet. This event may play a key role in price growth.
MoonPay Wallet Integration
The launch of a TRON-supported wallet simplifies the process for users to buy, send, and store TRX and USDT. The wallet is non-custodial, meaning users fully own their assets. MoonPay CEO Ivan Soto-Wright noted, "The TRON crypto angle here is clear: more accessibility leads to more usage." TRON Founder Justin Sun added that MoonPay is "removing barriers between users and the blockchain."
TRX Netflows Trends
Recent data shows that TRX netflows have turned negative, indicating that more TRX is leaving exchanges than entering. This suggests that investors are moving tokens into private wallets, signaling potential accumulation.
Market Activity and Expected Price Changes
According to TRON Scan, the total number of accounts and active addresses is consistently rising, while USDT transfer volume through TRON remains steady. This increase in market activity suggests that TRON is becoming increasingly utilized for value transfers. The TRX price, currently finding support at $0.30, could rise to $0.3792, marking a 26% increase from current levels.
The integration of the MoonPay wallet and current market trends may foster increased interest in TRON crypto and its price performance in the near future.