Anchorage Digital adds native TRX staking and TRC‑20 custody

TRX slipped about 2% to roughly $0.3252 despite the rollout of direct bank‑transfer support and Anchorage Digital’s new native staking and custody services, leaving the market to weigh strong on‑chain fundamentals against short‑term profit‑taking pressure.

Anchorage expands institutional access to TRON

Anchorage Digital, the United States’ first federally chartered crypto bank, announced it will support the TRON network with native TRX staking and custody for TRC‑20 assets, enabling institutions to hold TRX and its tokenized derivatives on a regulated platform [2]. The integration is positioned as a “secure, institutional‑grade” solution that lets firms participate in TRON’s validator infrastructure and stablecoin ecosystem without compromising compliance [2]. The rollout follows a separate network upgrade that lets users send TRX directly from self‑custodial wallets to bank accounts via Oobit, covering SEPA, ACH and the UK Faster Payments network [1].

Strong usage metrics contrast with price pullback

TRON’s on‑chain activity remains robust: June saw more than 385 million transactions and about 26.9 million active accounts, while total user accounts hover near the 400 million mark [1]. CoinTelegraph notes an average of 10.1 million daily transactions and a circulating supply of over $85 billion in Tether (USDT) issued on TRON, underscoring the blockchain’s central role in stablecoin transfers [2]. Yet TRX’s price has lingered in a narrow $0.3238‑$0.3262 range, suggesting traders are awaiting further catalysts beyond the recent infrastructure upgrades [1].

Technical outlook

The token faces immediate resistance at $0.3338; a daily close above this level could signal renewed buying momentum and open the path toward the next resistance around $0.3537 [1]. Conversely, a break below $0.3191 would mark a shift to bearish control and could trigger further downside pressure [1]. Momentum indicators are neutral, with the RSI at 48.1, while short‑term EMAs (10‑, 20‑, 50‑, 100‑day) sit above price, reinforcing the current consolidation phase [1].

What to watch

• Price breaking and holding above $0.3338 or falling below $0.3191.
• Institutional uptake of Anchorage’s TRX staking service, which could boost on‑chain validator participation.
• Any further expansion of direct bank‑transfer functionality or new TRC‑20 listings that may affect usage volume.

Anchorage’s entry into TRON adds a regulated layer to a network that is already a backbone for stablecoin activity, but the token’s near‑term trajectory will hinge on whether price can break key technical thresholds and whether institutional demand translates into measurable on‑chain activity.