TRX Surges 3.2% as Tether Mints $1B USDT on Tron and Justin Sun Backs $100M TRUMP Token

TRXUSDT has experienced a 3.20% price increase over the past 24 hours, with the current price at 0.3000 USDT on Binance. The upward momentum is primarily attributed to significant ecosystem developments, including Tether's recent minting of 1 billion USDT on the Tron blockchain to enhance liquidity, and founder Justin Sun’s announcement of a $100 million TRUMP token purchase, which has drawn attention to the network. Additionally, robust on-chain activity, such as TRON's high stablecoin transfer volumes and strong technical indicators, has contributed to positive market sentiment.

TRON's market capitalization stands at approximately $28 billion, with a notable surge in 24-hour trading volume and the price hovering near its daily high, reflecting increased investor interest and active trading.