TRX Surges 3.71% as Major TRON Announcements and USDT Minting Fuel Bullish Momentum
TRXUSDT experienced a 3.71% price increase over the last 24 hours, rising from a 24h open of $0.2640 to a current price of $0.2738 on Binance. This upward movement is primarily attributed to heightened market anticipation following a major announcement teased by TRON founder Justin Sun on June 23, 2025, which drove an 8.2% intraday price surge and increased trading activity. Additional factors supporting the positive momentum include the recent minting of 2 billion USDT on the Tron network, the introduction of the GasFree service for TRC20-USDT transactions, and ongoing community engagement around the TRON mainnet upgrade and the merger with SRM Entertainment. TRX is trading with strong volume, a circulating supply of approximately 86.36 billion, and a market capitalization near $25.82 billion, with technical indicators suggesting continued bullish sentiment as traders monitor key resistance and support levels.