Tron (TRX) is experiencing a remarkable surge, breaking the $4,500 mark and solidifying its place among the top cryptocurrencies. This impressive rally has been fueled by factors like steady growth in DeFi applications and increasing interest from institutional investors. While Ethereum continues to dominate this week, TRX’s performance reflects its resilience and unique characteristics. 12-month holders of TRX have seen remarkable gains, exceeding 40% as a testament to the long-term bullish sentiment. This momentum has been consistent with a strong 8-week streak of price growth. 8 consecutive weekly gains for TRX highlight the sustained positive market response. Key Insights: * Tron’s deflationary model contributes to its price appreciation, as burn rate is aggressive and driving down token supply. * The network activity, particularly stablecoin adoption, has seen substantial increases in recent months, indicating growing utility. 37% of TRX gains came from short-term momentum during this period. While Ethereum takes center stage in the altcoin season, TRX’s performance demonstrates its ability to hold its own against challenging market conditions. Will Tron maintain this upward trajectory? This article explores the factors driving TRX’s recent surge and examines potential future trends.