TRX Surges 3.42% as TRON Network Activity and $1B USDT Minting Fuel Bullish Momentum

TRXUSDT has experienced a 3.42% price increase over the last 24 hours, with the current price at 0.3050 USDT on Binance, up from a 24h open of 0.2949. This upward movement is primarily attributed to heightened activity on the TRON network, including Binance processing 29.6 million USDT transactions and the Tether Treasury minting 1 billion USDT on TRON, which has reinforced TRON’s dominant role in global stablecoin settlements. Additional positive sentiment stems from Justin Sun’s $100 million commitment to the TRUMP token and recent technical integrations, such as The Graph’s real-time data streaming for TRON. These developments have contributed to increased trading volume and market interest, supporting the current bullish momentum and consolidation near the 0.3050 resistance level. TRON’s market capitalization stands at approximately $28.45 billion, with a circulating supply of around 95 billion TRX and 24-hour trading volume ranging from $126 million to $2.65 billion.