Is TRX quietly building a base for something much bigger, or is it just drifting sideways?
The TRON Price Prediction 2029 question starts with a market that has gone calm after a strong run, while fresh stablecoin and treasury headlines keep the long-term story alive.
What matters now is whether buyers can turn that patience into a clean move.
TRX Price Today: Market Cap, Volume and Supply
DefiLlama lists TRX at $0.33, with a market cap of $31.557 billion and a fully diluted valuation at the same figure. 
Circulating supply is 94.989 billion TRX, and 24-hour trading volume is $265.32 million, per DefiLlama.
That volume is under 1% of market cap, which describes a quiet tape. Price held a very narrow band of roughly $0.3315 to $0.333 across the last 24 hours.
TRON Open Interest: Leverage Is Building Under a Flat Price
According to Coinglass, open interest sat at $251.96 million on 15 August, with TRX near $0.33. It has since climbed to roughly $340 million while the price barely moved.
That is a notable gap, because open interest data rising against a flat chart often means traders are positioning for a bigger move without agreeing on direction.
The May peak near $380 million came with prices around $0.36 to $0.37, so current leverage is high but not extreme.
TRON News: Polygon USDT Rails and Tron Inc. Buying
A BSCN post on X reports that Polygon's Open Money Stack now gives payment companies access to TRON's stablecoin economy. 
Businesses can link bank accounts with TRON-based assets through one integration, and Polygon says its regulated dollar access includes money transmitter infrastructure in 48 U.S. states.
USDT can also be routed between TRON and supported EVM networks. The first phase is live, with more to come, and Justin Sun called it a step toward easier stablecoin-based financial products. TRON Price Prediction 2029
For a network known for USDT on TRON, that supports the stablecoin settlement narrative.
On the treasury side, crypto.news on X says NASDAQ-listed Tron Inc. bought another 149,447 TRX at an average of $0.3346, lifting holdings above 718.1 million TRX.
The purchase is small, about $50,000, but the steady TRX treasury accumulation shows a corporate buyer still active near current levels.
TRON Weekly Chart Analysis: Ascending Triangle at the Base Line
On the weekly chart from TradingView, TRX is shaping an ascending triangle pattern, and price has been leaning on the bottom trendline for support. 
The latest weekly candle is a small red one, down 1.49% with a close at 0.33066, so there has been no real conviction from either side.
RSI at 50.69 sits right in the middle. If buyers take control, the first job is to break 0.37140 and, more importantly, hold above it.
That level has capped rallies before, so a weekly close above it would change the tone. Above that, 0.44888 and 0.55271 are the next resistance levels.
On the downside, 0.31856 is the nearest support and sits only about 3.7% below price. Losing it would open 0.26442, then 0.21028, with 0.11007 as the deepest charted floor.
Can TRX Reach $2.5? What Would Have to Change
The honest answer is that $2.5 sits far beyond the chart. The highest resistance is 0.55271, and $2.5 is about 7.6 times the current price and roughly 4.5 times that top level.
News like the Polygon rails and Tron Inc.'s buying supports the story, but headlines alone do not build a move of that size.
TRX would need a weekly hold above 0.37140, steady stablecoin activity, and a market that keeps paying for it. Even then, $2.5 is a long-range stretch scenario, not a base case.
TRON Forecast: Scenarios Into 2029
This TRON forecast stays conditional on weekly closes around the levels above.
Key Risks for TRX
Rising open interest on a flat price can turn into a liquidation swing in either direction.
Resistance at 0.37140 has rejected the price before, and trading volume is thin for an asset of this size. A weekly close below 0.31856 would also damage the triangle structure.
Expert Opinion: Analyst Desk View
As per the analyst desk, the setup is patient rather than weak. The triangle is intact, RSI is neutral and stablecoin news is arriving steadily.
The desk wants a decisive weekly hold above 0.37140 before treating the breakout as real and views $2.5 as a distant scenario, not a forecast.
Conclusion
TRX is coiling at the base of its triangle with leverage rising and headlines improving.
The next weekly closes around 0.31856 and 0.37140 should decide which way the pressure releases.
For an earlier outlook, check out our TRON Price Prediction 2028 and see how TRX’s key levels and market trend have evolved.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency prices are highly volatile, so decisions should reflect your own risk tolerance.
