TRX Token Surges 2% as TRON Mining Restarts and Network Activity Hits All-Time Highs

TRXUSDT experienced a 2.02% price increase over the past 24 hours, with the current price on Binance at $0.2874 (24h open: $0.2817). The price surge is primarily attributed to renewed market interest following TRON founder Justin Sun’s announcement of restarting TRON mining operations, which led to immediate increases in both price and trading volume. Additional support for the upward movement comes from strong on-chain fundamentals, including record network activity—TRON recently reached 8 million daily transactions and saw a significant TRX supply reduction due to token burns, with TRC20-USDT transactions accounting for most of the burn activity. Trading volume remains robust at over $526 million globally, and TRON maintains its position as the 9th largest cryptocurrency by market capitalization, with price action closely tracking broader crypto market trends.