TRX Token Sees $121.2B in Transfers and AEON Integration Amid 2.27% Price Dip

TRXUSDT is trading at $0.2669, down 2.27% over the past 24 hours from a 24h open of $0.2731, with a 24-hour trading volume of approximately $530 million and a market cap near $25.7 billion. The recent price decline is attributed to ongoing market consolidation below key resistance at $0.2750–$0.2820, despite strong on-chain fundamentals including record network activity, a surge in active addresses, and significant transaction volumes ($121.2 billion in USDT transfers processed on TRON in the past month). The integration of TRON by AEON for in-store payments across Southeast Asia has further highlighted growing ecosystem adoption, but these positive developments have yet to translate into immediate price appreciation, with TRX remaining about 36% below its December 2024 peak. Overall, TRX continues to consolidate within a tight range, with traders monitoring for a decisive breakout as network usage and engagement reach new highs.