TRON Faces $0.307 Test As Network Usage Hits Record Highs

TRON’s TRX is under pressure after breaking a trendline that held since February, even as network usage and USDT settlement volumes hit record highs. The token traded near $0.3225 on Wednesday, down 2.2% in 24 hours, with a market value of about $30.6 billion, according to BeInCrypto, which said TRON holds $91.8 billion of USDT versus $73.7 billion on Ethereum. A close below $0.3230 could open a move to $0.3067.