Uniswap Doubles as Robinhood Chain Drives Two-Thirds of Its Fees
Uniswap's price doubled as Robinhood Chain generated two-thirds of its fees, mostly via higher-volume tokenized stock trades.
TRX trades at $0.3225 after breaking a seven-month trendline, with on-chain activity at records but price facing a potential drop to $0.3067.
Any forecast for TRON (TRX) in September 2026 has to start with a paradox. On-chain activity is at all-time highs, but the token has broken a trendline that had been intact since February.
The token was trading near $0.3225 on Wednesday, a 2.2% drop over the previous day. Its market capitalization is roughly $30.6 billion, placing it eighth among cryptocurrency assets.
TRON processes more Tether (USDT) than any other network. According to DefiLlama, $91.8 billion of the stablecoin sits on TRON, compared to $73.7 billion on Ethereum.
The difference continues to grow. Over the past month, TRON's USDT supply expanded by 2.28%, while Ethereum's shrank by 1.40%.
Bitcoin used to set the rhythm for the entire crypto market.
— H.E. Justin Sun 👨🚀 🌞 (@justinsuntron) September 2, 2026
Today, the landscape is much more diverse, with stablecoins playing a bigger role and crypto becoming more connected with traditional financial markets. pic.twitter.com/fibBoCXYVY
Account growth follows a similar pattern. Tronscan counted 401 million total accounts on Aug. 29, six days after TRON DAO announced the 400 million milestone.
However, accounts represent cumulative sign-ups rather than active users. The rate of growth is therefore more significant than the overall count, a point made in an earlier look at TRON addresses.
🎉 TRON’s total accounts have surpassed 401 million!
— TRONSCAN (@TRONSCAN_ORG) August 29, 2026
TRON ecosystem continues its rapid growth as we push forward on our mission to decentralize the future. pic.twitter.com/Wn015o7Fyw
TRON has also set the third quarter as the target for its quantum-resistant mainnet. Post-quantum signatures arrived on the Nile testnet in July, making September the deadline.
The daily chart paints a bleaker picture. TRX hit a peak of $0.3775 in late May before correcting to the 0.618 Fibonacci retracement at $0.3101.
Support held there through June. The price then formed an ascending triangle and touched its rising support line six times (blue circles). That line originates from the February low. Bulls were therefore protecting a seven-month structure, not a summer pattern.
TRX broke above the triangle on Aug. 20, with a measured target of $0.3612. The rally stopped at $0.3518 and then reversed. The failed breakout now works against buyers. The token has lost the 0.382 retracement at $0.3359 and trades just below the 0.5 level at $0.3230.
A confirmed close beneath that could open the path to $0.3067, roughly 5% lower. That level combines the 0.618 retracement, a visible demand zone, and the June low.
Volume supports the bearish view. Buyers produced a real spike during the breakout attempt, but trading activity has declined as the price slipped back through the pattern.
The Relative Strength Index (RSI) is near 34, its lowest since mid-June (purple circle). That is not yet oversold, meaning there is room for more downside.
A recovery above $0.3359 would invalidate the scenario. That move could bring $0.3518 and $0.3612 back into play.
The broader issue involves value capture. TRON sharply reduced transaction fees in 2025, which lowered the amount of TRX burned through network activity.
Circulating supply has since been rising instead of falling. TRX also trades about 25% below its all-time high of $0.4313 from December 2024, despite record settlement volume.
September thus looks less like a month for catalysts and more like a test of $0.3067. Several other altcoins face similar decision points.
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Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
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