TRON’s token TRX has moved back above $0.35 for the first time since September 2025, even as much of the crypto market remains fixated on meme coins, AI tokens, and newer Layer-2 networks. The source article says TRX is up nearly 26% over the past three months, putting the network back into focus after a quieter stretch.
At the time of writing, TRON was trading around $0.3494, with daily volume close to $738 million. Circulating supply stands at nearly 94.8 billion TRX. Price strength is clear. Sentiment is not. The split in market opinion around TRON remains one of the main features of this move.
Justin Sun’s reputation still shapes how traders view TRON
According to analytics platform Santiment, much of the skepticism around TRON still ties back to Justin Sun’s long-running reputation in crypto. Over the years, Sun has faced accusations involving aggressive promotion tactics, market manipulation claims, lawsuits, and broader regulatory scrutiny.
Those issues continue to weigh on perception. Many retail traders still see TRON as a more controversial and riskier project than newer ecosystems that have gained traction across the market. Santiment also noted that even though TRX has performed strongly through 2026, a large part of the crypto crowd still distrusts the project because of its links to earlier hype-driven market cycles.
Stablecoin dominance remains a strength and a source of criticism
Another major point of debate is TRON’s outsized role in stablecoin transfers. The network handles huge amounts of USDT activity thanks to its fast settlement speeds and low fees. That utility has made TRON one of the most important rails for global stablecoin movement.
The same feature has also drawn criticism. Opponents argue that TRON’s efficiency has made it a preferred network for suspicious wallet activity and illicit transfers. This year, repeated headlines about Tether freezes linked to TRON wallets have added to the chain’s negative image. Some traders also question the quality of TRON’s ecosystem growth, saying much of the expansion has come from stablecoin activity and yield products rather than consumer-facing applications or more visible innovation narratives.
Santiment says skepticism may be supporting the rally
Santiment’s view is that TRON’s rally may be benefiting from the lack of broad conviction. Markets often become more fragile when retail sentiment turns euphoric. TRON, by contrast, has spent much of 2026 climbing while hesitation, fear, and doubt continued to dominate social discussion.
In that reading, the absence of crowd enthusiasm may still leave room for TRX to move higher while traders focus elsewhere. For now, price action has improved faster than public sentiment, and that gap remains central to the current setup.