TRX Surges 3.21% as Justin Sun Teases Major Announcement and Tether Mints 2B USDT on Tron

TRXUSDT has experienced a 3.21% price increase over the past 24 hours, with the current price at 0.2729 USDT on Binance, up from a 24-hour open of 0.2644. The primary driver of this price movement appears to be heightened market anticipation following a cryptic announcement tease by TRON founder Justin Sun on June 23, 2025, which led to an 8.2% intraday surge and increased trading activity. Additional contributing factors include Tether’s recent minting of 2 billion USDT on the Tron network, ongoing community votes on protocol upgrades to support Ethereum Cancun features, and the launch of the GasFree service by JustLend DAO, all of which have elevated user engagement and network utility. TRX remains among the top 10 cryptocurrencies globally, with a market cap near $25.8 billion, daily trading volume exceeding $1 billion, and stable consolidation around the $0.27 level.