TRX Token Faces 2.31% Dip After USDT Minting Surge and $80B TVL Milestone on Tron

TRXUSDT experienced a 2.31% price decline over the past 24 hours, moving from a 24h open of $0.2730 to a current price of $0.2667 on Binance. The price initially surged following major announcements, including Tether Treasury minting 2 billion USDT on Tron, TRON’s total value locked (TVL) reaching $80 billion, and plans for Tron Group to go public in the US via a reverse merger. These developments led to increased trading volume and short-term upward momentum, but the gains were not sustained as broader market volatility and technical resistance contributed to the subsequent pullback. TRON’s market cap is approximately $25.04 billion, with 24-hour trading volume exceeding $500 million, and the asset continues to outperform major altcoins despite current bearish technical indicators and declining sentiment.