TRUMP token climbed roughly 37% over the past week, briefly reaching near $8.68 before a minor pullback, reflecting a pronounced short-term recovery amid broader meme-coin volatility. The surge follows a turbulent history since the token’s January 2025 launch, when it spiked to all-time highs between $55 and $73 driven by political endorsement, constrained supply, and viral exposure, then collapsed below $7 as early investors took profits and volatility intensified. Recent momentum builds on a 500% rally that recovered from an October 10 flash crash, and a notable April 23 spike of over 70% to $16 tied to exclusive event incentives for large holders. Price action has since oscillated, with a six-week high near $8.6 and stabilization around $8.2 in early November 2025. The token operates on the Solana blockchain and emphasizes fast, low-cost transfers on Solana. Large holders have been steadily adding to positions, contributing to the recent run sustained accumulation. On-chain analytics metrics like active addresses and transaction volumes provide crucial insights into these accumulation trends, revealing underlying market strength.
Market structure exhibits substantial concentration, as approximately 92.5% of circulating supply is held by the top ten wallets, a factor that amplifies directional moves when large holders accumulate or sell, and where recent steady accumulation over a thirty-day window has coincided with the latest rally. Exchange balances fell by about 1.4%, reducing immediate liquid supply and potentially increasing susceptibility to price gaps when demand reappears, while new wallet creation and active leveraged long positions on Solana and other venues have added retail and speculative pressure. These on-chain dynamics, combined with whale behavior, often precede sustained rallies, although they also raise counterparty and liquidity risks for smaller holders.
Technical indicators present a cautiously bullish outlook, as TRUMP broke out of a multi-month falling wedge, a pattern commonly interpreted as a bullish reversal, and daily RSI shows a double bullish divergence consistent with upward momentum, yet recent price retests of breakout levels suggest consolidation before further ascent. Analyst models project possible short-term targets near $15, with longer-term scenarios extending to $18.25 by 2030–2040, but such forecasts depend on continued whale support, regulatory clarity, ETF developments, and persistent social media-driven retail interest, all within a meme-coin sector that remains highly volatile and prone to abrupt reversals. Integrating on-chain analytics tools may help traders refine these projections by monitoring real-time blockchain activity and wallet behavior.
