TRX Token Sees 2.82% Dip Amid Profit-Taking, But Maintains $1B+ Volume and Strong On-Chain Growth

TRXUSDT has declined by 2.82% over the past 24 hours, with the current price at 0.3174 USDT on Binance. The recent price decrease is primarily attributed to profit-taking following a period of bullish momentum driven by increased USDT supply on the TRON network, heightened on-chain activity, and ecosystem developments such as the rebranding of SRM Entertainment to Tron Inc. and the integration of TRON DApps into major wallets. Despite the short-term pullback, TRON continues to see strong trading activity, with a 24-hour volume exceeding $1 billion and a market capitalization around $30.1 billion, supported by robust on-chain metrics including high daily transaction counts and increased whale holdings.